5-Unit Apartment Building with
For Sale
$695,000
3053 15th Avenue S, Minneapolis, MN 55407
Business/commercial zoning and a mix of vacant and leased units provide a varied occupancy profile.
Property SizeContact for details
Days on Market11
Property Features for 3053 15th Avenue S
General Information
Standard status
Active
Total Parking Spaces
5
Property subtype
Commercial
Zoning
Business/Commercial
Site & Location
Neighborhood
Powderhorn
Additional Details
Gross Income
$83,520
Multifamily Units
5
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,790
Building Details
Year Built
1910
Units
5
Listing Agency:
Home Crown Realty LLC
(218) 584-5350
Listed By:
Brandyn Dahl
(701) 238-0902
Source:
Homecrownrealty
Added: Oct 15
Changed: Oct 24
Last Checked: Oct 23 at 8:27PM
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 Home Crown Realty LLC
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Investment Insights
Based on property information with market context.
This 5-unit apartment building was constructed in 1910 and includes a 5-car garage. Unit 1 is vacant, Units 2, 3, and 4 are month-to-month, and Unit 5 is leased. The property is zoned Business/Commercial.
Key Highlights
- 5‑unit apartment building constructed in 1910
- 5‑car garage
- Unit 1 is vacant; Units 2, 3, and 4 are month‑to‑month; Unit 5 is leased
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,721
Businesses Nearby
Explore this area
Business Placement
Demographics for 55407, MN
38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Business/commercial zoning and a mix of vacant and leased units provide a varied occupancy profile.
Where is this apartment building located?
The property is located at 3053 15th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 5‑unit apartment building constructed in 1910; 5‑car garage; Unit 1 is vacant; Units 2, 3, and 4 are month‑to‑month; Unit 5 is leased
