2017 Grand Avenue S, Minneapolis, MN 55405 (MLS# 7069318)

2017 Grand Avenue S, Minneapolis, MN 55405

New Listing
$675,000
Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 5,654 Lot Size (sq. ft.): 8,276 Status: Active
Current Price: $675,000 List Date: 8/19/2026 Last Modified: 8/19/2026

Overview

Description

Prime Investment Opportunity in Whittier – Uptown Minneapolis Located in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand—ideal for investors seeking reliable, long-term income. Property Highlights: Unit 1 & Unit 2: Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability. Unit 3 (Top Floor): A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living spac ...

Listing Details MLS# 7069318

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1904
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1544
Above Ground SqFt
4110
Below Grd Total SqFt
1544
Total SqFt
5654
Foundation Size
1544
Style
(MF) Four Plex
Total Finished Sqft
4732.00
Garage Stalls
3
Lot Dimensions
64x129
Acres
0.19
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility Basement: Concrete Block; Egress Windows; Partially Finished; Shared Access; Single Tenant Access Construction Status: Previously Owned Exterior: Stucco Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Boiler; Radiator Laundry: Common Area; In Basement Lock Box Type: Combo Owner Pays: Gas; Insurance; Lawn; Maintenance/Repair; Sewer; Taxes; Trash Collection; Water Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Tenant Pays: Broadband; Cable TV; Electricity; Telephone Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Fireplace Char: Wood Burning Unit 2 Appliances: Range; Refrigerator Unit 2 Fireplace Char: Wood Stove Unit 3 Amenities: Ceiling Fan(s); Deck Unit 3 Appliances: Dishwasher; Range; Refrigerator Unit 4 Appliances: Dishwasher; Range; Refrigerator Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
675000
ListPrice
675000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2017
Street Name
Grand
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55405
Complex/Dev/Subdivision
Badger & Penneys Add

Assessments

Tax With Assessments
9655.52
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4110
Finished SqFt Below Ground
622

More Information

Income and Expenses

Annual Electric Expense
900
Annual Fuel Expense
8100
Annual Gross Expenses
20100
Annual Gross Income
67800
Annual Insurance Expense
6200
Annual Maintenance Expense
500
Annual Repair Expense
500
Annual Trash Expense
1800
Annual Water/Sewer Expense
2400
Total Annual Expenses
20100
Annual Caretaker Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
900

Public Survey Info

Range#
24
Section#
34
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-07-31
Leased?
Yes
Unit Number
Yes
# of Fireplaces
Yes
Annual Rent
22500
Finished SqFt
1544
Full Baths
Yes
Monthly Expense
160
Monthly Rent
1905
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Lease Expiration Date
2026-11-30
Leased?
Yes
Unit Number
2
# of Fireplaces
Yes
Annual Rent
19800
Finished SqFt
1330
Full Baths
Yes
Monthly Expense
160
Monthly Rent
1675
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit 3

Furnished?
No
Lease Expiration Date
2027-05-31
Leased?
Yes
Unit Number
3
# of Fireplaces
Yes
Annual Rent
13800
Finished SqFt
836
Full Baths
Yes
Monthly Expense
170
Monthly Rent
1185
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 4

Furnished?
No
Lease Expiration Date
2027-05-31
Leased?
Yes
Unit Number
4
3/4 Baths
Yes
Annual Rent
11700
Finished SqFt
622
Monthly Expense
75
Monthly Rent
975
No. of Units Like This
Yes
Total Baths
Yes
Total Rooms
4

Unit Details

Total Units
4

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 001 BADGER & PENNEYS ADDN TO MPLS LOT 10 THE N 20FT OF LOT 9 AND THE S 4FT OF LOT 11 INCL ADJ 1/2 OF ALLEY VAC LOTS 9 10 AND 11
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2052
Property ID Number
3402924220004
Tax Year
2026
Tax Amount
9655.52
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Prime Investment Opportunity in Whittier – Uptown Minneapolis Located in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand—ideal for investors seeking reliable, long-term income. Property Highlights: Unit 1 & Unit 2: Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability. Unit 3 (Top Floor): A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living space that appeals to quality tenants. Lower-Level Studio: A well-designed studio apartment with its own egress, providing added safety and functionality. This unit also includes access to a utility room with owned coin-operated laundry, generating additional income potential. Parking & Improvements: The property includes three garage stalls along with ample off-street parking—a valuable amenity in this high-demand area. A brand-new roof installed in 2024 offers peace of mind and minimizes near-term capital expenses. Location & Investment Potential: Positioned in the heart of Uptown Minneapolis, residents enjoy close proximity to popular restaurants, shopping, parks, and convenient public transit. The Whittier neighborhood continues to attract renters, ensuring strong occupancy rates and stable cash flow. With its generous unit sizes, recent upgrades, and unbeatable location, this property stands out as a turnkey investment with excellent upside potential. Don’t miss this rare opportunity to own a high-performing multi-family property in one of Minneapolis’ most desirable rental markets. Schedule your showing today!
Directions
South on 94 to Lyndale Ave. Take a left (east) on Franklin Ave S, go 3 blocks and take a right on Grand Ave S. Arrive at 2 property on the left 2017 Grand Ave S.

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes
Common Laundry Facility
Yes

Basement

Concrete Block
Yes
Egress Windows
Yes
Partially Finished
Yes
Shared Access
Yes
Single Tenant Access
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes

Foundation

Concrete Block
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Boiler
Yes
Radiator
Yes

Laundry

Common Area
Yes
In Basement
Yes

Lock Box Type

Combo
Yes

Owner Pays

Gas
Yes
Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Deck
Yes

Rental License Type

Standard
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

One Per Unit
Yes

No. of Refrigerators

One Per Unit
Yes

Tenant Pays

Broadband
Yes
Cable TV
Yes
Electricity
Yes
Telephone
Yes

Unit 1 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Fireplace Char

Wood Burning
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Fireplace Char

Wood Stove
Yes

Unit 3 Amenities

Ceiling Fan(s)
Yes
Deck
Yes

Unit 3 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Unit 4 Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes
IDX
Listing Office: Bridge Realty, LLC
Last Updated: August - 19 - 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.