2726 Girard Avenue S, Minneapolis, MN 55408 (MLS# 7006922)


$2,000,000
2726 Girard Avenue S
Minneapolis, MN 55408
MLS# 7006922



2726 Girard Avenue S, Minneapolis, MN 55408
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Property Description
Exceptional 20-Unit Investment Opportunity in Lowry Hill East - Walkable Uptown Location Prime multifamily investment available in one of Minneapolis's most desirable neighborhoods - just steps from the vibrant Hennepin Avenue commercial district. This well-located 20-unit apartment building offers a balanced mix of units and strong rental demand in a walkable, amenity-rich area. Property Highlights: • 20 total units: 7 x 2-bedroom units, 7 x 1-bedroom units, and 6 studios • Highly desirable Lowry Hill East location - a short stroll to Hennepin Avenue shops, restaurants, bars, and coffee houses • Steps to Lake of the Isles - offering outstanding outdoor recreation, scenic walking/biking paths, and lakefront views • Walkable Uptown neighborhood easy access to transit, retail services, entertainment venues, and employers • Strong investment fundamentals - diverse unit mix appeals to a broad tenant base. Location Features: • Restaurants, bars, cafes, and boutiques just minutes away • Quick access to Hennepin Avenue nightlife and Uptown commercial corridor • Close to major employment centers, parks, and lakes • Excellent walk and bike scores This property combines location, occupancy potential, and lifestyle appeal in one of Minneapolis's most sought-after neighborhoods. Ideal for long-term hold or value-add investors.

Details
Maps
Contract Information
Status: Active
Current Price: 2000000
Contingency: None
ListPrice: 2000000
List Date: 2026-01-09
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1922
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4560
For Sale or Lease: For Sale
Acres: 0.18
Lot Dimensions: 80x98
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2726
Street Name: Girard
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Coe & Channells Add
Assessments
Tax With Assessments: 41152
Building Information
Building Finished SqFt: 18240
Building SqFt: 13680
Ceiling Height: 8-10
Income and Expenses
Annual Electric Expense: 17667
Annual Gross Expenses: 145664
Annual Gross Income: 286814
Annual Maintenance Expense: 32332
Annual Net Income: 141150
Annual Trash Expense: 6385
Annual Water/Sewer Expense: 12048
Total Annual Expenses: 145664
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 33
Township#: 29
Sale Options
Sale Includes: Building, Fixture/Equipment
Unit 1
No. of 1 Bedroom Units: 7
Unit 2
No. of 2 Bedroom Units: 7
Unit Details
Total Units: 20
Unit Information
No. of Efficiency Units: 6
Property Features
Accessible: None
Air Conditioning: None
Amenities Shared: Coin-op Laundry Leased
Amenities Unit: Hardwood Floors; Natural Woodwork; Security System
Appliances: Range; Refrigerator
Basement: Concrete Block; Full; Unfinished
CMU Style: Apartments/Multi Family
Construction Materials: Timber/Post & Beam
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Fencing: None
Flooring: Engineered Wood; Luxury Vinyl Plank; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Location Description: Free Standing
Lock Box Type: None
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light
Miscellaneous Information: Exterior Lighting
On Site Utilities: Electric Separate
Overhead Door Clearance: 0-9 Feet
Owner Pays: Exterior Maintenance; Grounds Care; Heat; HVAC Maintenance; Insurance; Lawn; Lawn; Maintenance/Repair; Management; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Rent Rate per Foot: Per Month
Rental License Type: Standard
Road Frontage: City Street; Curbs; Sidewalks; Storm Sewer; Street Lights
Roof: Age 8 Years or Less; Flat; Rubber
Sewer: City Sewer - In Street
Stories: Three Or More
Tenant Pays: Electricity; Gas
Topography: Level
Wall Description: Concrete/Block
Water: City Water/Connected

Listing Office: Edina Realty, Inc.

Last Updated: April - 21 - 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.

Wednesday 27th of May 2026 08:29 AM

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