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6-Unit Townhome-Style Multifamily
For Sale
$675,000

924 21st Avenue S, Minneapolis, MN 55404

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.21 Acres
Days on Market60

Property Features for 924 21st Avenue S

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Parking features Parking Lot
High school district Minneapolis
Directions 94W to Property
Standard status Active
APN 2502924330090
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 3781

Utilities

Heating system Baseboard

Amenities

balconies

Building Details

Year built 1982
Listing Agency: DRG
Listed By: Joe Michael Grunnet
Added: Aug 27 Changed: Oct 8 Last Checked: Oct 25 at 1:06PM
MLS# 7134842

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.

Built in 1982, this six-unit multifamily property has a townhome-style configuration. Four units are arranged across two levels and have balconies, and a parking lot provides off-street parking. The site encompasses 0.21 acres.

Public transportation is within walking distance. The property is south of I-94 and near Augsburg University, the University of Minnesota, A Bar of Their Own, Pizza Lucé, and Cedar Cultural Center.

Key Highlights

  • Six‑unit townhome‑style multifamily building
  • Four units have two levels and balconies
  • 0.21‑acre site

Property Analytics

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Lease Details

6
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,331
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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four residences span two levels and include balconies; off-street parking serves the building.
Where is this multifamily property located?
The property is located at 924 21st Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Six‑unit townhome‑style multifamily building; Four units have two levels and balconies; 0.21‑acre site
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