2020 E Franklin Avenue, Minneapolis, MN 55404
$1,899,900
Property Type:
Commercial
Square Footage:
20,400
Lot Size (sq. ft.):
17,860
Status:
Active
Current Price:
$1,899,900
List Date:
5/20/2025
Last Modified:
6/26/2026
Overview
Listing Details MLS# 6724331
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1916
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 1700
- For Sale or Lease
- For Sale
- Acres
- 0.41
- Lot Dimensions
- 165 X 107
- Assessment Pending
- No
Property Features
Accessible:
None
Air Conditioning:
Window Unit(s)
Appliances:
Freezer; Range; Refrigerator
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Stucco
Foundation:
Other
Fuel:
Natural Gas
Heating:
Boiler; Radiator
On Site Utilities:
Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics:
Parking Lot; Paved Lot; Uncovered/Open
Rental License Type:
Standard
Sewer:
City Sewer/Connected
Tenant Pays:
Electricity; Gas
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1899900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 2020
- Street Direction Prefix
- E
- Street Name
- Franklin
- Street Suffix
- Avenue
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55404
- Complex/Dev/Subdivision
- Murphys Add
Assessments
- Tax With Assessments
- 36418
Basement
- Foundation Dimensions
- 35*48
More Information
Building Information
- Building Finished SqFt
- 13600
- Building SqFt
- 20400
Income and Expenses
- Annual Electric Expense
- 1000
- Annual Fuel Expense
- 1000
- Annual Gross Expenses
- 168000
- Annual Gross Income
- 254400
- Annual Insurance Expense
- 18000
- Annual Maintenance Expense
- 10000
- Annual Net Income
- 86400
- Annual Trash Expense
- 2500
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 25
- Township#
- 29
Sale Options
- Sale Includes
- Other
Unit 1
- Unit Number
- Yes
Unit 2
- No. of 2 Bedroom Units
- 8
Unit 3
- No. of 3 Bedroom Units
- 8
Unit Details
- Total Units
- 16
Listing Office:
NAI Gateway Commercial
Last Updated: June - 26 - 2026
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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.
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