3516 18th Ave S Minneapolis, MN 55407

Listing agency Market Maker LLC

Listed by Brian Hauke · License #40671709

Source Crexi

Added: Apr 11 Updated: Jul 21 at 7:09PM Checked: Jul 21 at 7:09PM

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Investment Insights

Based on property information with market context.

This 5-unit multifamily property has undergone substantial renovation, including complete renovation of the 5th unit. Reported unit features include granite countertops, egress windows throughout, and floor-to-ceiling tile in the kitchen and bathroom. Additional building amenities include coin-op laundry available to tenants in the basement, and storage lockers provided to tenants free to use. Off-street parking is also provided free to tenants. A wheelchair ramp is located on the south side of the building, supporting accessibility.

The roof was recently replaced, and many windows have been replaced as well. The property also notes that mechanical systems are in great shape.

With multiple renovated elements and on-site tenant amenities already in place, the building presents an opportunity for a buyer seeking to improve rent performance across the remaining units.

Key Highlights

• 5‑unit multifamily property in the Powderhorn neighborhood of Minneapolis
• Recently replaced roof and wheelchair ramp on the south side of the building
• Many windows replaced, with egress windows in place throughout

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FAQs

What type of property is this?

Apartment building - Five-unit multifamily property with recently replaced roof, updated windows, and coin-op laundry in the basement.

Where is this apartment building located?

The property is located at 3516 18th Ave S Minneapolis, MN.

What are key features of this property?

This property features: 5‑unit multifamily property in the Powderhorn neighborhood of Minneapolis; Recently replaced roof and wheelchair ramp on the south side of the building; Many windows replaced, with egress windows in place throughout