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$675,000

8 Beds 4 Baths 4,732 SQFT 0.19 Acres
Type: Multi-Family

2017 Grand Avenue S
Minneapolis, MN 55405

MLS#: 7069318
Sally Serie
Sally Serie
The Real Estate Advantage
REALTOR
Phone: 763.232.6235
Office: 952.401.8500
Presented by: Bridge Realty, LLC

Property 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 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!


 

Interior Features

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area4,110 sqft
BasementBlock, Egress Window(s), Finished, Partially Finished, Shared Access, Single Tenant Access, Walkout
Basement (Y/N)Yes
Below Grade Finished Area622 sqft
FuelElectric, Natural Gas
Garage Square Feet900
Laundry FeaturesIn Basement, Common Area

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry, Coin-op Laundry Owned
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsSouth 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.
Electric Expense900
Fuel Expense8100
Garage Spaces3
Gross Income67800
HeatingBoiler, Radiator
High School DistrictMinneapolis
Insurance Expense6200
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4,732 sqft
Lot Size UnitsAcres
MaintenanceExpense500
New ConstructionNo
Number Of Units Total4
Operating Expense20100
OwnerPaysGas, Insurance, Grounds Care, Repairs, Sewer, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeFourplex
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameBadger & Penneys Add
Tax Annual Amount$9,656
Tax Year2026
Tenant PaysBroadband, Cable TV, Electricity, Telephone
Trash Expense1800
Water Sewer Expense2400
Year Built1904
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total5,654 sqft
Foundation Area1,544 sqft
Lot Dimensions64x129
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Concrete
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$675,000

8 Beds 4 Baths 4,732 SQFT 0.19 Acres
Type: Multi-Family

2017 Grand Avenue S
Minneapolis, MN 55405

MLS#: 7069318
Sally Serie
Sally Serie
The Real Estate Advantage
REALTOR
Phone: 763.232.6235
Office: 952.401.8500