2810 Pleasant Avenue Minneapolis, MN 55408 MLS# 7043209
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Property Description Introducing a prime investment opportunity. 17 unit apartment building located in the desirable Whittier neighborhood of Minneapolis. This well-maintained property offers spacious one-bedroom, one bathroom units designed to attract and retain quality tenants. Each unit features a functional layout with a breakfast bar in the kitchen, large windows that bring in abundant natural light, and ample built-in storage for added convenience. Residents enjoy the benefits of urban living with nearby access to a variety of local shops, restaurants, and everyday amenities. The property is ideally situated within walking distance to public transit along Franklin Avenue and Nicollet Avenue, making commuting throughout the easy and efficient. Additional on-site parking is available for a fee, providing flexibility for tenants with vehicles. With its strong rental appeal, excellent location and desirable unit features, this building present a solid opportunity for investors seeking a stable asset in one of Minneapolis' most vibrant neighborhoods.
Details
Maps
Contract Information
Status: Active
Current Price: 1700000
Contingency: None
ListPrice: 1700000
List Date: 2026-03-26
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 17
Waterfront Present: No
Year Built: 1969
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 3528
Power Company: Xcel Energy
For Sale or Lease: For Sale
Acres: 0.28
Lot Dimensions: 100x123.5
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 2810
Street Name: Pleasant
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Excelsior Add
Assessments
Tax With Assessments: 30999
Basement
Foundation Dimensions: 3528
Building Information
Building Finished SqFt: 7056
Building SqFt: 10584
Ceiling Height: 8-10
Income and Expenses
Annual Fuel Expense: 9461
Annual Gross Expenses: 132583
Annual Gross Income: 199547
Annual Insurance Expense: 15477
Annual Maintenance Expense: 12766
Annual Net Income: 66964
Annual Trash Expense: 7384
Annual Water/Sewer Expense: 10428
Total Annual Expenses: 132583
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 34
Township#: 29
Sale Options
Sale Includes: Building, Fixture/Equipment
Unit 1
No. of 1 Bedroom Units: 5
Unit 2
No. of 2 Bedroom Units: 3
Unit Details
Total Units: 17
Unit Information
No. of Efficiency Units: 9
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned; Security Building
Appliances: Range; Refrigerator
Assumable Loan: Not Assumable
Basement: Concrete Block; Full
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Existing Financing: Other
Exterior: Brick/Stone; Engineered Wood
Fencing: Chain Link; Partial
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional
Lock Box Type: None
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light