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10-Unit Apartment Building

2528 17th Avenue S, Minneapolis, MN 55404

For Sale
$799,000

Every apartment is occupied, with Residential-Multi-Family zoning in place.

Property SizeContact for details
Days on Market154

Property Features for 2528 17th Avenue S

General Information

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

Site & Location

Neighborhood Phillips

Additional Details

Gross Income $117,000
Multifamily Units 10
Tenant in Place Yes

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: Hewittjacksonrealestate
Added: Jun 12 Changed: Nov 11 Last Checked: Nov 11 at 5:49AM

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

Rey
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Investment Insights

Based on property information with market context.

Built in 1963, this 10-unit apartment property has updated interiors, a newer roof, newer windows, and refreshed exterior wood elements, including replacement shakes. All apartments are occupied, and the property is zoned Residential-Multi-Family.

Key Highlights

  • 10‑unit apartment property
  • All 10 apartments are occupied
  • Built in 1963

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Minneapolis, MN

$156 Jul
$187 Aug
$180 Sep
$161 Oct

Properties on Market for Apartment buildings in Minneapolis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Every apartment is occupied, with Residential-Multi-Family zoning in place.
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 $799,000.
What are key features of this property?
This property features: 10‑unit apartment property; All 10 apartments are occupied; Built in 1963
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