2517 Golden Valley Road, Minneapolis, MN 55411 (MLS# 6382838)
$1,985,000
Minneapolis, MN 55411
MLS# 6382838
Status: Closed
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Property Description
This trio of historic apartment buildings totaling 35 Units is located on the western fringe of Minneapolis, in the cityâs Willard-Hay neighborhood. Tenants enjoy access to Theodore Wirth Parkway/Park amenities less than a ½ mile away, as well as quick walking access to the newly opened METRO C Line for fast access to downtown Minneapolis. The buildings have been cared for, well maintained, and are fully stabilized. These properties MUST be sold as a package. Currently all 3 properties are professionally managed by a quality local management company. ADDRESSES: 2517 Golden Valley Road, 2601 Golden Valley Road, 1900 Thomas Avenue.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2024-09-23
Current Price: 1750000
Closed Date: 2025-03-31
Sales Close Price: 1750000
Contingency: None
ListPrice: 1985000
List Date: 2023-06-06
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 19
Year Built: 1929
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 35493
For Sale or Lease: For Sale
Acres: 0.34
Lot Dimensions: 34406
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2517
Street Name: Golden Valley
Street Suffix: Road
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55411
Complex/Dev/Subdivision: Fairlawn Add
Additional Parcels Information
Property ID #2: 1702924420004
Property ID #3: 1702924140112
Assessments
Tax With Assessments: 39649
Building Information
Building Finished SqFt: 35493
Building SqFt: 35493
Income and Expenses
Annual Gross Expenses: 188309
Annual Gross Income: 376618
Annual Net Income: 188309
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 17
Township#: 29
Sale Options
Sale Includes: Building
Unit 1
No. of 1 Bedroom Units: 21
Unit 2
No. of 2 Bedroom Units: 10
Unit 3
No. of 3 Bedroom Units: 1
Unit Details
Total Units: 35
Unit Information
No. of Efficiency Units: 3
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Boiler
On Site Utilities: Electric Separate; Heating Common
Parking Characteristics: Parking Lot
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: MRG Realty Partners, LLC
Last Updated: March - 31 - 2025
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.
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