Six-Unit Multifamily
For Sale
$194,900
Pending
620 23rd Avenue N, Minneapolis, MN 55411
Commercial Sale, Minneapolis, MN
Property SizeContact for details
Lot Size0.25 Acres
Days on Market54
Property Features for 620 23rd Avenue N
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential-Multi-Family, Residential-Single Family
Parking features
Parking Lot, Offsite
Subdivision
Cobbs Add To North
High school district
Minneapolis
Directions
Hwy 94, Broadway Ave. W, Lyndale Ave. N, 23rd E to building
Standard status
Pending
APN
1502924220252
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3041
Utilities
Heating system
Baseboard
Building Details
Year built
1964
Listing Agency:
Banneker Realty, LLC
(612) 338-9647
Listed By:
Miroslava C Leon
(651) 210-3697
Added: Sep 9
Changed: Oct 20
Last Checked: Nov 1 at 11:06PM
MLS# 7143353
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 6-unit multifamily property, built in 1964, includes one one-bedroom apartment and five two-bedroom apartments. The building is offered in as-is condition and is identified as rehab ready. Baseboard heating serves the property, with a parking lot behind the building and street parking available in front.
The 0.25-acre property is located at 620 23rd Avenue N in Minneapolis. Lyndale Avenue and its bus line are approximately 1 block away, while Fairview Park is approximately 3 blocks from the building. The surrounding area provides access to neighborhood shopping, services, transportation, and other amenities.
The 0.25-acre property is located at 620 23rd Avenue N in Minneapolis. Lyndale Avenue and its bus line are approximately 1 block away, while Fairview Park is approximately 3 blocks from the building. The surrounding area provides access to neighborhood shopping, services, transportation, and other amenities.
Key Highlights
- 6‑unit apartment building with 1 one‑bedroom unit and 5 two‑bedroom units
- Built in 1964 on a 0.25‑acre parcel
- Sold as‑is and identified as rehab ready
Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,090
Businesses Nearby
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Business Placement
Demographics for 55411, MN
31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
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 - Rehab-ready apartment property with varied unit layouts, baseboard heating, and parking available at and behind the building.
Where is this apartment building located?
The property is located at 620 23rd Avenue N Minneapolis, MN.
What is the asking price?
The asking price for this property is $194,900.
What are key features of this property?
This property features: 6‑unit apartment building with 1 one‑bedroom unit and 5 two‑bedroom units; Built in 1964 on a 0.25‑acre parcel; Sold as‑is and identified as rehab ready
