Listed price in listed location currency (USD).
$775,000

680

MLS® 7049047

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $2,330
Days Active 80
Lot Size 
Approx. Age 1971
MLS® Number 7049047

Property Address: 3033 15th Ave S, Minneapolis, MN, 55407-1731

Average square foot calculated using Size range provided by listing agent.

Description

Well-maintained 8-unit apartment building offering consistent in-place income and long-term ownership stability. Fully occupied with a mix of one-bedroom and studio units, generating over $100, 000 / year in rental income. This property is enrolled in the Minneapolis 4D Affordable Housing Program, providing a significant property tax reduction and enhancing overall cash flow — an attractive feature for investors seeking reliable returns. Recent ownership has focused on maintaining a clean, functional property with stable tenancy, making this a true turnkey opportunity. Building features include coin-operated laundry, separate electric, and practical unit layouts that support consistent occupancy. Additional upside potential exists through continued rent optimization and operational efficiencies. Ideal for investors seeking: Strong day-one cash flow, tax-advantaged ownership and a stabilized asset with operational upside.
MLS® Number7049047
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1971
BasementNone
DrivewayConcrete
Garage Spaces
HeatBoiler, Hot Water, Radiator
A/CWall Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 4, 2026List Date
$775,000List Price
  • Commute

Commute

Starting Address
Destination Address
3033 15Th Ave S, Minneapolis, MN

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