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Renovated 35-Unit Multifamily Portfolio
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821 Marshall St NE & 315 Buchanan St Ne & 301 17th Ave NE, Minneapolis, MN 55404

Three renovated Northeast Minneapolis apartment properties offer best-in-class, modern interiors well suited for long-term income.

Property Size10,980 SF
Days on Market84

Property Features for 821 Marshall St NE & 315 Buchanan St Ne & 301 17th Ave NE

General Information

Standard status Active
Size 10,980 SF
Property subtype Multifamily

Additional Details

Multifamily Units 35

Building Details

Building Size 10,980 SF
Year Built 1964
Listing Agency:
Listed By: Robert Dulin
Source: Kisergroup
Added: Jun 2 Changed: Aug 15 Last Checked: Aug 24 at 4:46AM

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 Robert Dulin

Investment Insights

Based on property information with market context.

This offering presents the Northeast Portfolio, a 35-unit, three-property multifamily portfolio in Minneapolis. The current ownership has completed extensive renovations across both exterior and interior elements over the last several years, with an emphasis on updated, “best-in-class” units. Each unit features modern finishes including new cabinets, granite countertops, subway tile backsplash, and LVT flooring. Bathrooms have been fully remodeled with new tubs, tile, vanity, toilets, and lighting.

The properties are located throughout Northeast Minneapolis, providing direct access to a well-established mix of local dining and entertainment, including bars and eateries, breweries, and coffee shops. The portfolio is also positioned near recreational amenities at the Mississippi riverfront and Boom Island. Additional proximity highlights include Target Field, Target Center, U.S. Bank Stadium, the Theater District, and the Central Business District.

For buyers or operators seeking a turnkey multifamily acquisition, the combination of portfolio-level renovations and consistently updated unit interiors can support steady market appeal and reduced near-term capital needs. With three separate properties within a cohesive Northeast Minneapolis location, the portfolio format also offers flexibility for management and ongoing operations.

Key Highlights

  • 35‑unit, three‑property multifamily portfolio located throughout Northeast Minneapolis
  • Year built: 1964
  • Ownership completed extensive renovations to both exterior and interior elements across all three properties

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Auto Parts Store Big Box & Wholesale Store Nail Salon Electrical Service

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

35
Residential units

Location Intelligence

Trade Area within ½ mile

2,338
Businesses Nearby

Demographics for 55404, MN

29,322
Population
14,372
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
81%
High-School Grad
1.8 sq mi
ZIP Area
16,290
Density / Sq Mi
$43,932
Median Household Income
$35,970
Median Earnings
$1,063
Median Rent
$294,200
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 - Three renovated Northeast Minneapolis apartment properties offer best-in-class, modern interiors well suited for long-term income.
Where is this apartment building located?
The property is located at 821 Marshall St NE & 315 Buchanan St Ne & 301 17th Ave NE Minneapolis, MN.
What are key features of this property?
This property features: 35‑unit, three‑property multifamily portfolio located throughout Northeast Minneapolis; Year built: 1964; Ownership completed extensive renovations to both exterior and interior elements across all three properties
More about this property
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