Home › 2015 2nd Avenue S, Minneapolis, MN 55404 (MLS# 7151633)

2015 2nd Avenue S, Minneapolis, MN 55404 (MLS# 7151633)

$449,900
2015 2nd Avenue S
Minneapolis, MN 55404
MLS# 7151633
5 beds  |  4 baths  |  4515 sqft
2015 2nd Avenue S, Minneapolis, MN 55404
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2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! MPLS_4Plex-35.Unit 3 is vacant ready for owner occupant or future tenant!jpg Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! MPLS_4Plex-2Unit 3 is vacant ready for owner occupant or future tenant!4.jpg Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! Unit 3 is vacant ready for owner occupant or future tenant! 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404 2015 2nd Avenue S, Minneapolis, MN 55404

Property Description
Great opportunity to own a well positioned fourplex in South Minneapolis with several recent exterior improvements already completed. The property features new window sashes, a newer roof, and a freshly redone stucco exterior, providing an updated appearance while addressing important long-term maintenance items. The boiler was also just replaced in 2023 alleviating several major concerns for the new owner. The four-unit property offers multiple income-producing units, with one unit currently vacant, providing flexibility for an owner-occupant, immediate leasing opportunity, or the ability to make updates and boost rent before placing a new tenant. Conveniently located in South Minneapolis near neighborhood amenities, parks, shopping, dining, and transportation. A solid opportunity for investors looking to add a multifamily property with recent exterior improvements to their portfolio.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 449900
Original List Price: 449900
ListPrice: 449900
List Date: 2026-10-01
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Bedrooms: 5
Baths Total: 4
Main Floor Total SqFt: 1265
Above Ground SqFt: 3390
Below Grd Total SqFt: 1125
Total SqFt: 4515
Foundation Size: 1125
Style: (MF) Four Plex
Total Finished Sqft: 2390.00
Power Company: Xcel Energy
Garage Stalls: 2
Lot Dimensions: 50 X 127
Acres: 0.15
Assessment Pending: No
Location Tax and Other Information
House Number: 2015
Street Name: 2nd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: Remingtons Add
Assessments
Tax With Assessments: 8204
Building Information
Finished SqFt Above Ground: 2390
Income and Expenses
Annual Electric Expense: 4359
Annual Fuel Expense: 2579
Annual Gross Expenses: 8209
Annual Gross Income: 48360
Annual Insurance Expense: 4435
Annual Water/Sewer Expense: 4016
Total Annual Expenses: 15389
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 400
Public Survey Info
Range#: 24
Section#: 34
Township#: 29
Unit 1
Furnished?: No
Leased?: Yes
Unit Number: 1
Annual Rent: 12360
Finished SqFt: 900
Full Baths: 1
Monthly Rent: 1030
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit 2
Furnished?: No
Leased?: Yes
Unit Number: 2
Annual Rent: 11160
Finished SqFt: 650
Full Baths: 1
Monthly Rent: 930
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit 3
Furnished?: No
Leased?: No
Unit Number: 3
Finished SqFt: 950
Full Baths: 1
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit 4
Furnished?: No
Leased?: Yes
Unit Number: 4
Annual Rent: 11940
Finished SqFt: 850
Full Baths: 1
Monthly Rent: 995
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 4
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned; Common Laundry Facility; Porch
Basement: Unfinished
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Stucco
Fencing: Chain Link
Foundation: Combination
Fuel: Natural Gas
Heating: Boiler; Steam
Laundry: Common Area; In Basement
Owner Pays: Electricity; Fuel; Sewer; Trash Collection; Water
Roof: Age 8 Years or Less; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: IQ Realty

Last Updated: October - 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.

Friday 2nd of October 2026 10:36 AM

218-998-4400

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