3053 15th Avenue S, Minneapolis, MN 55407 (MLS# 7160639)
$695,000
Minneapolis, MN 55407
MLS# 7160639
10 beds | 4 baths
1 / 15
Property Description
Unit 1 is vacant for showing. Units 2,3, & 4 ; month to month Unit 5; Leased; The building has 5 car garage; The estimate annual gross rental income of $83,520 represents an approximate gross rental yield of 12.02%, before property taxes, insurance, maintenance, utilities, vacancy, management, financing, and other operating expenses.
Details
Maps
Contract Information
Status: Active
Current Price: 695000
Contingency: None
ListPrice: 695000
List Date: 2026-10-15
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 10
Baths Total: 4
Foundation Size: 1832
Garage Stalls: 5
For Sale or Lease: For Sale
Acres: 0.17
Lot Dimensions: 60x123
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 3053
Street Name: 15th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Williams Add
Assessments
Tax With Assessments: 10790.88
Building Information
Building Finished SqFt: 4732
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 500
Public Survey Info
Range#: 24
Section#: 02
Township#: 28
Sale Options
Sale Includes: Leases, Rental License
Unit 1
Unit Number: 1
Leased?: No
Unit 2
Full Baths: 1
Lease Expiration Date: 2026-11-01
Leased?: Yes
Level: Main Level
Monthly Rent: 1370
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 3
Unit Number: 2
Unit Total SqFt: 800
Unit 3
Full Baths: 1
Lease Expiration Date: 2026-11-01
Leased?: Yes
Level: 2nd Level
Monthly Rent: 1370
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 3
Unit Number: 3
Unit Total SqFt: 800
Unit 4
Full Baths: 1
Lease Expiration Date: 2026-11-01
Leased?: Yes
Monthly Rent: 1270
Total Bathrooms: 1
Total Bedrooms: 2
Total Rooms: 3
Unit Number: 4
Unit Total SqFt: 800
Unit 5
Full Baths: 1
Lease Expiration Date: 2026-11-01
Leased?: Yes
Monthly Rent: 1550
Total Bathrooms: 1
Total Bedrooms: 4
Total Rooms: 4
Unit Number: 5
Unit Details
Total Units: 5
Property Features
Accessible: None
Amenities Unit: Balcony
Appliances: Dryer; Microwave; Range; Refrigerator; Washer
CMU Style: Apartments/Multi Family; Business Opportunity
Construction Status: Previously Owned
Current Use: Residential
Exterior: Stucco
Foundation: None
Fuel: Natural Gas
Heating: Boiler; Forced Air
Lock Box Type: Combo
On Site Utilities: Electric Separate
Rental License Type: Standard
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Keller Williams Classic Realty
Last Updated: October - 16 - 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.
Monday 19th of October 2026 05:06 PM
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