Property Description Historic and charming 19-unit apartment building offering strong value-add potential. Interiors feature exposed brick kitchen walls, natural woodwork, and original hardwood floors that give the property timeless character. The building has 7 occupied units with the rest of the units being completely vacant, providing a rare opportunity to renovate, reposition, and lease at market rents with less tenant disruption. Ideal for investors seeking scale, flexibility, and long-term upside through a thoughtful renovation.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2026-04-02
Current Price: 1557500
Closed Date: 2026-03-31
Sales Close Price: 1557500
Contingency: None
ListPrice: 1634000
List Date: 2026-02-06
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 4
Owner Occupied: No
Waterfront Present: No
Year Built: 1915
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 19
Baths Total: 19
Foundation Size: 4522
For Sale or Lease: For Sale
Acres: 0.22
Lot Dimensions: 75x128
Location Tax and Other Information
House Number: 1920
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: Replat Jackson Daniel Whitney-Blks
Assessments
Assessment Balance: 1795.5
Tax With Assessments: 24804.77
Building Information
Building Finished SqFt: 13566
Building SqFt: 18088
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 27
Township#: 29
Sale Options
Sale Includes: Building
Unit 1
Unit Number: 1
Full Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Leased?: No
No. of 1 Bedroom Units: 19
Unit 10
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Monthly Rent: 1025
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 10
Unit 11
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 11
Unit 12
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 12
Unit 13
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Monthly Rent: 1100
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 13
Unit 14
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 14
Unit 15
Full Baths: 1
Leased?: No
Total Bedrooms: 1
Unit Number: 15
Unit 2
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 2
Unit 3
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 3
Unit 4
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 4
Unit 5
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 5
Unit 6
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Monthly Rent: 1100
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 6
Unit 7
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Monthly Rent: 1100
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 7
Unit 8
Full Baths: 1
Leased?: No
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 8
Unit 9
Full Baths: 1
Lease Expiration Date: 2026-12-31
Leased?: Yes
Monthly Rent: 1100
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 9
Unit Details
Total Units: 19
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Amenities Shared: None
Appliances: Range; Refrigerator
Basement: Shared Access
CMU Style: Apartments/Multi Family
Construction Materials: Block; Brick; Concrete; Stone
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Fencing: None
Financing Terms: Conventional
Foundation: Combination
Fuel: Natural Gas
Heating: Hot Water
Loan Terms: Cash; Conventional
On Site Utilities: Electric Separate; Heating Common; Hot Water Common