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Well-Maintained 10-Unit Apartment Building
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3554 17TH AVE S, Minneapolis, MN 55407

Turnkey, well-kept 10-unit building with off-street parking and in-place RUBS; utilities are billed back to tenants.

Property Size8,418 SF
Price / SF$112.85
Days on Market106

Property Features for 3554 17TH AVE S

General Information

Standard status Active
Size 8,418 SF
Total Parking Spaces 11
Property subtype Multifamily

Additional Details

Multifamily Units 10

Building Details

Year Built 1967
Stories 2
Units 10
Tenancy Multi
Listing Agency: Coldwell Banker Realty Crocus Hill
Listed By: Kirk Kenneally · License #MN 40416605
Source: Crexi
Added: May 27 Changed: Aug 25 Last Checked: Sep 8 at 8:18AM

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 Coldwell Banker Realty Crocus Hill

Investment Insights

Based on property information with market context.

Parkview Pointe Apartments is a well maintained 10-unit apartment building in a simple one-bedroom configuration, with 8 one-bedroom units and 2 additional one-bedroom units. The property includes 11 off street parking spots for residents. RUBS are in place, and utilities are billed back to the tenant.

Set in a quiet, residential neighborhood near Powderhorn Park, the building is close to everyday retail and local entertainment. Nearby options highlighted include Matt's Bar & Grill, May Day Cafe, Pillsbury House & Theatre, and other area destinations.

This property can be a practical fit for buyers or operators looking for a small multifamily asset with an uncomplicated unit mix. With in-place RUBS and tenant-billed utilities, the operating structure is straightforward, and the off-street parking supports tenant convenience. The location’s proximity to neighborhood shopping and dining may help support everyday livability for a one-bedroom renter base.

Key Highlights

  • 10‑unit apartment building built in 1967
  • Unit mix includes eight 1‑bedroom units and two 1‑bedroom units
  • RUBS in place (utilities billed back to tenants)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Auto Parts Store Home Appliance Store (Bike/Boat/Book/etc) 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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

705
Businesses Nearby

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

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 - Turnkey, well-kept 10-unit building with off-street parking and in-place RUBS; utilities are billed back to tenants.
Where is this apartment building located?
The property is located at 3554 17TH AVE S Minneapolis, MN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 10‑unit apartment building built in 1967; Unit mix includes eight 1‑bedroom units and two 1‑bedroom units; RUBS in place (utilities billed back to tenants)
More about this property
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