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Listed price in listed location currency (USD).
$1,999,900

18150

MLS® 7045824

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $22,723
Days Active 0
Lot Size 
Approx. Age 2022
MLS® Number 7045824

Property Address: 2413 1st Ave S, Minneapolis, MN, 55404-3426

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

Description

This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15, 000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15, 500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!
MLS® Number7045824
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2022
BasementDrain Tiled, Drainage System, Egress Window(s), Finished, Concrete, Tile Shower
DrivewayDriveway - Other Surface
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 31, 2026List Date
$1,999,900List Price
  • Commute

Commute

Starting Address
Destination Address
2413 1St Ave S, Minneapolis, MN

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