1501 Marshall Street NE, Minneapolis, MN 55413 (MLS# 7157310)

1501 Marshall Street NE, Minneapolis, MN 55413

New Listing
$1,625,000
Property Type: Commercial Lot Size (sq. ft.): 12,197 Status: Active
Current Price: $1,625,000 List Date: 10/08/2026 Last Modified: 10/08/2026

Overview

Description

This is a three-story brick apartment building built n 1964 with 9,792 Sq. Ft. There are 16 units with 4 - efficiencies and 12 - one bedrooms, The lot is 74 Ft x 167 Ft. There are 16 air conditioner wall units. There is a Hot Water Boiler System. All apartments have electric-oven ranges. There are 13 on-site parking spaces. The property is close to the Mississippi River, restaurants and shopping.

Listing Details MLS# 7157310

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
13
Owner Occupied
No
Waterfront YN
No
Year Built
1964
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
3264
For Sale or Lease
For Sale
Acres
0.28
Lot Dimensions
74 X 167
Assessment Pending
No

Property Features

Accessible: Hallways 42"+ Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Ceiling Fan(s); Hardwood Floors; Natural Woodwork Appliances: Cooktop; Range; Refrigerator Basement: Concrete Block; Full; Storage/Locker CMU Style: Apartments/Multi Family; Freestanding; Low Rise Construction Materials: Block; Brick Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Flooring: Carpet; Tile Foundation: Brick/Mortar Fuel: Natural Gas Heating: Boiler; Hot Water Loan Terms: Cash; Conventional Location Description: Free Standing Lock Box Type: None Lot Description: Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Gas; Heat; Hot Water; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot; Unassigned; Uncovered/Open Rent Rate per Foot: Per Month Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt-Rolled; Flat Sewer: City Sewer - In Street; City Sewer/Connected Stories: Three Or More Tenant Pays: Electricity Water: City Water - In Street; City Water/Connected

Contract Information

Contingency
None
ListPrice
1625000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1501
Street Name
Marshall
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55413
Complex/Dev/Subdivision
Kammerers Add

Assessments

Tax With Assessments
30065

Building Information

Building Finished SqFt
9792

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
15
Township#
29

Sale Options

Sale Includes
Building, Fixture/Equipment, Land, Leases

Unit 1

No. of 1 Bedroom Units
12

Unit Details

Total Units
16

Unit Information

No. of Efficiency Units
4
IDX
Listing Office: Edina Realty, Inc.
Last Updated: October - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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