2528 17th Avenue S Minneapolis, MN - Image 12528 17th Avenue S Minneapolis, MN - Image 22528 17th Avenue S Minneapolis, MN - Image 32528 17th Avenue S Minneapolis, MN - Image 42528 17th Avenue S Minneapolis, MN - Image 52528 17th Avenue S Minneapolis, MN - Image 62528 17th Avenue S Minneapolis, MN - Image 72528 17th Avenue S Minneapolis, MN - Image 82528 17th Avenue S Minneapolis, MN - Image 92528 17th Avenue S Minneapolis, MN - Image 102528 17th Avenue S Minneapolis, MN - Image 112528 17th Avenue S Minneapolis, MN - Image 122528 17th Avenue S Minneapolis, MN - Image 132528 17th Avenue S Minneapolis, MN - Image 142528 17th Avenue S Minneapolis, MN - Image 152528 17th Avenue S Minneapolis, MN - Image 162528 17th Avenue S Minneapolis, MN - Image 172528 17th Avenue S Minneapolis, MN - Image 182528 17th Avenue S Minneapolis, MN - Image 192528 17th Avenue S Minneapolis, MN - Image 202528 17th Avenue S Minneapolis, MN - Image 212528 17th Avenue S Minneapolis, MN - Image 222528 17th Avenue S Minneapolis, MN - Image 232528 17th Avenue S Minneapolis, MN - Image 242528 17th Avenue S Minneapolis, MN - Image 252528 17th Avenue S Minneapolis, MN - Image 262528 17th Avenue S Minneapolis, MN - Image 272528 17th Avenue S Minneapolis, MN - Image 282528 17th Avenue S Minneapolis, MN - Image 292528 17th Avenue S Minneapolis, MN - Image 302528 17th Avenue S Minneapolis, MN - Image 312528 17th Avenue S Minneapolis, MN - Image 322528 17th Avenue S Minneapolis, MN - Image 332528 17th Avenue S Minneapolis, MN - Image 342528 17th Avenue S Minneapolis, MN - Image 352528 17th Avenue S Minneapolis, MN - Image 362528 17th Avenue S Minneapolis, MN - Image 372528 17th Avenue S Minneapolis, MN - Image 382528 17th Avenue S Minneapolis, MN - Image 392528 17th Avenue S Minneapolis, MN - Image 40

$825,000

0 Beds 0 Baths 0 SQFT 0.17 Acres
Type: Commercial

2528 17th Avenue S
Minneapolis, MN 55404

MLS#: 7086019
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: Compass

Property Description

 

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.


 

Interior Features

Other Interior Features

Basement (Y/N)No
FuelNatural Gas
Garage Square Feet0

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Current UseResidential
DirectionsHwy 55 S, W onto E 26th St, N onto S 17th Ave, building on left.
Garage Spaces0
HeatingBaseboard
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
LevelsThree Or More
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total10
Pool FeaturesNone
PostalCityMinneapolis
Property TypeCommercial Sale
RoofAge 8 Years or Less, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameGilpatricks Add
Tax Annual Amount$11,660
Tax Year2026
UtilitiesElectric Separate, Heating Common
Year Built1963
Zoning DescriptionResidential-Multi-Family

Exterior

FencingChain Link, Full
Foundation Area4,536 sqft
InclusionsBuilding, Land, Leases, Rental License
Lot Dimensions60x123
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesAsphalt, Parking Lot, Paved Lot, Open
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
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

$825,000

0 Beds 0 Baths 0 SQFT 0.17 Acres
Type: Commercial

2528 17th Avenue S
Minneapolis, MN 55404

MLS#: 7086019
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800