21-Unit Apartment
New
For Sale
Contact for pricing
2725 Pleasant Ave S, Minneapolis, MN 55408
Multifamily property with studio, one-bedroom, and two-bedroom units plus surface parking.
Property SizeContact for details
Days on Market7
Property Features for 2725 Pleasant Ave S
General Information
Standard status
Active
Property subtype
Multifamily
Listed By:
Adam Hunt · License #40850803
Source:
Crexi
Added: Sep 3
Changed: Sep 7
Last Checked: Sep 8 at 4:18AM
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 Adam Hunt
Investment Insights
Based on property information with market context.
This 21-unit apartment property includes a mix of studio, one-bedroom, and two-bedroom residences within a 9,800-square-foot building. Twenty currently rentable units are occupied, while Unit 106, a legal efficiency/studio, is undergoing renovation and is expected to return to service by purchase. Fifteen units were updated in 2026, including five with new bathrooms, and five additional units were renovated in 2010.
The property provides 25 surface parking spaces. Major capital work includes a $350,000 roof and parapet wall rebuild completed in 2023 and a $13,000 sewer main lining completed in 2026. Tenant-paid RUBS was implemented within the past 12 months, and the parking spaces are currently provided at no charge. The asset is located at 2725 Pleasant Ave S in Minneapolis, Minnesota.
The property provides 25 surface parking spaces. Major capital work includes a $350,000 roof and parapet wall rebuild completed in 2023 and a $13,000 sewer main lining completed in 2026. Tenant-paid RUBS was implemented within the past 12 months, and the parking spaces are currently provided at no charge. The asset is located at 2725 Pleasant Ave S in Minneapolis, Minnesota.
Key Highlights
- 21‑unit apartment building totaling 9,800 square feet
- Mix of studio, one‑bedroom, and two‑bedroom units
- All 20 currently rentable units are occupied
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 55408, MN
33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with studio, one-bedroom, and two-bedroom units plus surface parking.
Where is this apartment building located?
The property is located at 2725 Pleasant Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 21‑unit apartment building totaling 9,800 square feet; Mix of studio, one‑bedroom, and two‑bedroom units; All 20 currently rentable units are occupied
