2110 Park Avenue, Minneapolis, MN 55404 (MLS# 7126151)

2110 Park Avenue, Minneapolis, MN 55404

$2,068,000
Property Type: Commercial Square Footage: 15,300 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $2,068,000 List Date: 8/12/2026 Last Modified: 9/02/2026

Overview

Description

Beautiful maintained 22- unit multifamily property with many capital improvements, tastefully done units and hallways, a new roof. The property is part of the 4d Affordable Housing Incentive Program, resulting in a reduction in the property taxes, enhancing cash flow. A very healthy rental property with its proximity to Downtown Minneapolis, major transit routes, bus lines, hospitals, and community facilities, parks, bike trails. Phenomenal opportunity to add this income-producing asset to your portfolio.

Listing Details MLS# 7126151

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Other Parking Spaces
8
Waterfront YN
No
Year Built
1959
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
5100
For Sale or Lease
For Sale
Acres
0.27
Lot Dimensions
75x160
Assessment Pending
Unknown

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Assumable Loan: Not Assumable CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Foundation: Brick/Mortar; Stone Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional; FHA; VA On Site Utilities: Electric Separate Parking Characteristics: Parking Lot Sewer: City Sewer/Connected Stories: Three Or More Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
2068000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2110
Street Name
Park
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55404
Complex/Dev/Subdivision
G N Merriams Add

Assessments

Tax With Assessments
7468

Building Information

Building Finished SqFt
15300
Building SqFt
15300

More Information

Income and Expenses

Annual Gross Expenses
101604
Annual Gross Income
261861
Annual Net Income
160257

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
35
Township#
29

Sale Options

Sale Includes
Building, Land, Leases

Unit 1

No. of 1 Bedroom Units
17

Unit Details

Total Units
22

Unit Information

No. of Efficiency Units
5
IDX
Listing Office: RE/MAX Results
Last Updated: September - 02 - 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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