Home › 1802 11th Avenue S, Minneapolis, MN 55404 (MLS# 6428729)

1802 11th Avenue S, Minneapolis, MN 55404 (MLS# 6428729)

$1,900,000
1802 11th Avenue S
Minneapolis, MN 55404
MLS# 6428729
Status: Closed
9 beds  |  10 baths
1802 11th Avenue S, Minneapolis, MN 55404
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Property Description
THIS IS BASICALLY A BRAND NEW BUILDING WITH A BEAUTIFUL BROWNSTONE SHELL ! A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. CONTRACT FOR DEED TERMS AVAILABLE! The owner started out with 12 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000. It is very energy efficient; it was insulted with spray foam and has solar panels.

Details
Maps
Documents
Contract Information
Status: Closed
Off Market Date: 2025-11-15
Current Price: 1700000
Closed Date: 2026-03-30
Sales Close Price: 1700000
Contingency: None
ListPrice: 1900000
List Date: 2023-09-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Waterfront Present: No
Year Built: 1902
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 9
Baths Total: 10
Lot Size SqFt: 10019
Foundation Size: 2947
For Sale or Lease: For Sale
Lot Dimensions: 150x68
Location Tax and Other Information
House Number: 1802
Street Name: 11th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: J S & W Elliots Add
Assessments
Tax With Assessments: 19003
Building Information
Building Finished SqFt: 8000
Building SqFt: 8841
Ceiling Height: 8-10
Income and Expenses
Annual Electric Expense: 4800
Annual Fuel Expense: 1800
Annual Insurance Expense: 10500
Annual Trash Expense: 2160
Annual Water/Sewer Expense: 3600
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 26
Township#: 29
Sale Options
Sale Includes: Building, Fixture/Equipment, Other
Unit 1
Unit Number: 1
Monthly Rent: 2111
Full Baths: 1
Half Baths: 1
Total Bathrooms: 2
Total Bedrooms: 2
Level: Main Level
Leased?: Yes
Lease Expiration Date: 2025-01-31
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 4
Full Baths: 1
Half Baths: 1
Lease Expiration Date: 2024-06-30
Leased?: Yes
Monthly Rent: 1909
Total Bathrooms: 2
Total Bedrooms: 2
Unit Number: 2
Unit 3
Full Baths: 1
Half Baths: 1
Lease Expiration Date: 2024-08-31
Leased?: Yes
Monthly Rent: 2081
Total Bathrooms: 2
Total Bedrooms: 2
Unit Number: 3
Unit 4
Full Baths: 1
Half Baths: 1
Lease Expiration Date: 2024-05-31
Leased?: Yes
Monthly Rent: 1899
Total Bathrooms: 2
Total Bedrooms: 2
Unit Number: 4
Unit 5
Full Baths: 1
Lease Expiration Date: 2024-04-30
Leased?: Yes
Monthly Rent: 1586
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 5
Unit 6
Full Baths: 1
Lease Expiration Date: 2024-06-30
Leased?: Yes
Monthly Rent: 1162
Total Bathrooms: 1
Unit Number: 6
Unit Details
Total Units: 6
Unit Information
No. of Efficiency Units: 1
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Central Air
Amenities Shared: Common Garden; Patio; Security Building
Amenities Unit: City View; Ethernet Wired; In-Ground Sprinkler
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Basement: Full
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Existing Financing: Conventional
Exterior: Brick/Stone
Foundation: Other
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Contract for Deed; Conventional
Location Description: Downtown
Lock Box Type: None
Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium
Miscellaneous Information: Furnished Units
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Insurance; Lawn; Lawn; Maintenance/Repair; Taxes; Trash Collection
Parking Characteristics: Carport; Covered; More Parking Offsite for Fee; Paved Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity; Fuel
Topography: Level
Water: City Water/Connected
Waterfront View: City Lights
Window Features: Double Pane Windows; Window Treatments

Listing Office: Bridge Realty, LLC

Last Updated: March - 30 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 28th of May 2026 11:00 AM

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