2110 Park Avenue, Minneapolis, MN 55404 (MLS# 7126151)
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$2,068,000
2110 Park Avenue
Minneapolis, MN 55404
MLS# 7126151
15300 sqft
Property Description Beautiful maintained 22- unit multifamily property with many capital improvements, tastefully done units and hallways, a new roof. The property is part of the 4d Affordable Housing Incentive Program, resulting in a reduction in the property taxes, enhancing cash flow. A very healthy rental property with its proximity to Downtown Minneapolis, major transit routes, bus lines, hospitals, and community facilities, parks, bike trails. Phenomenal opportunity to add this income-producing asset to your portfolio.
Status: Active
Current Price: 2068000
Contingency: None
ListPrice: 2068000
List Date: 2026-08-12
Owner is an Agent?: No
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 8
Waterfront YN: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 5100
For Sale or Lease: For Sale
Acres: 0.27
Lot Dimensions: 75x160
Assessment Pending: Unknown
House Number: 2110
Street Name: Park
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: G N Merriams Add
Tax With Assessments: 7468
Building Finished SqFt: 15300
Building SqFt: 15300
Annual Gross Expenses: 101604
Annual Gross Income: 261861
Annual Net Income: 160257
Land Leased: Not Applicable
Sale Includes: Building, Land, Leases
No. of 1 Bedroom Units: 17
No. of Efficiency Units: 5
Air Conditioning: Wall Unit(s)
Assumable Loan: Not Assumable
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Foundation: Brick/Mortar; Stone
Loan Terms: Cash; Conventional; FHA; VA
On Site Utilities: Electric Separate
Parking Characteristics: Parking Lot
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: RE/MAX Results
Last Updated: September - 02 - 2026
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Tuesday 13th of October 2026 03:06 PM