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10-Unit Apartment Building
For Sale
$825,000

2528 17th Avenue S, Minneapolis, MN 55404

Updated, fully occupied multifamily property with a newer roof and replacement exterior components.

Property SizeContact for details
Days on Market61

Property Features for 2528 17th Avenue S

General Information

Standard status Active
Property subtype Commercial
Zoning Residential-Multi-Family
Occupancy 100%

Additional Details

Gross Income $117,000
Multifamily Units 10

Taxes and HOA fees

Annual Taxes $11,660

Building Details

Year Built 1963
Buildings 1
Stories 3
Units 10
Listing Agency: Compass
Listed By: Miguel Lopez
Source: Ivyrealestategroup
Added: Jun 12 Changed: Aug 7 Last Checked: Aug 10 at 11:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 10-unit apartment building was constructed in 1963 and is fully occupied. The property includes updated units along with a newer roof, newer windows, replacement shakes, and improvements to exterior wood components.

The property is zoned Residential-Multi-Family and is located at 2528 17th Avenue S in Minneapolis, MN 55404. Its occupied unit count and documented building updates provide a straightforward multifamily configuration for continued ownership.

Key Highlights

  • 10‑unit apartment building with all units occupied
  • Updated apartment units
  • Newer roof and newer windows

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Electrical Service Plumbing Service Veterinary Clinic HVAC Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,964
Businesses Nearby

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated, fully occupied multifamily property with a newer roof and replacement exterior components.
Where is this apartment building located?
The property is located at 2528 17th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 10‑unit apartment building with all units occupied; Updated apartment units; Newer roof and newer windows
More about this property
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