2323 Clinton Ave, Minneapolis, MN 55404
For Sale
1 / 8
39 Units | 100% Occupied | | Adjacent Assets Offering Immediate Operational Scale PROPERTIES CAN BE SOLD TOGETHER OR INDIVIDUALLY TO SET UP A TOUR CONTACT MARYPAT OR JAKE OR FOR MORE INFO 39-unit multifamily comprised of two properties located directly across the street from one another: 2401 Clinton (17 units) and 2323 Clinton (22 units). The properties are ideally positioned in a highly walkable South Minneapolis location, within walking distance to Downtown Minneapolis, Eat Street, MCAD, and the Minneapolis Institute of Art. Situated directly on a bus line with convenient access to Uptown and the Midtown Greenway. The portfolio consists of 8 studios and 31 one-bedroom units, providing a highly efficient and consistently leasable unit mix aligned with strong rental demand. The properties are currently 100% occupied. 2323 Clinton has a covered parking. Operational upside exists through RUBS implementation or optimization, expense recapture, and strategic interior upgrades upon turnover. Two properties that are easy to manage due to the side-by-side positioning. Property HomePages https://2401clintonavenuesouth.sharplaunch.com/ https://2323clintonavenuesouth.sharplaunch.com/
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
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