2528 17th S Avenue, Minneapolis, Minnesota 55404

MN, Minneapolis
$825,000
  • Commercial Sale Property Type
  • 1963 Year Built
  • Active Status
See All 41 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures.
Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one.
Ideal for investors looking to expand their portfolio or complete a 1031 exchange.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 7086019
  • Price: $825,000
  • Year Built: 1963
  • Listing Status: Active
  • Office Name: Compass
  • Roof: Asphalt,Age 8 Years or Less
Features
  • Swimming Pool None
  • Heating System Baseboard
  • Fence Chain Link,Full
  • Parking Asphalt,Parking Lot,Open,Paved Lot
  • Utilities Electric Separate,Heating Common
  • Exterior Features Stone,Stucco,Shakes
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55404
  • Street: 17th
  • Street Number: 2528
  • Street Suffix: Avenue
  • Longitude: W94° 44' 59''
  • Latitude: N44° 57' 22.6''
  • Directions: Hwy 55 S, W onto E 26th St, N onto S 17th Ave, building on left.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Compass
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Current Use: Residential
  • Foundation Details: Block
  • Levels: Three Or More
  • Lot Features: Tree Coverage - Light,Public Transit (w/in 6 blks)
  • Lot Size Dimensions: 60x123
  • Number Of Units Total: 10
Financial
  • Tax Annual Amount: 11660.32
Listing Information
  • Co List Agent Mls Id: 506015148
  • Co List Office Mls Id: 200097
  • Co List Office Name: Compass
  • List Agent Mls Id: 502053597
  • List Office Mls Id: 200097
  • Modification Timestamp: 2026-08-27T10:41:11Z
  • Originating System Name: NorthStar
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