1500 10th Avenue S, Minneapolis, MN
$1,300,000
1
Bed
1
Bath
10,020
Square feet
0.25
Acres
About 1500 10th Avenue S
Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.
Features of 1500 10th Avenue S
| MLS® # | 7090913 |
|---|---|
| Price | $1,300,000 |
| Square Footage | 10,020 |
| Acres | 0.25 |
| Year Built | 1968 |
| Type | Commercial |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 1500 10th Avenue S |
|---|---|
| Area | 24 |
| Subdivision | J S & W Elliots Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55404 |
Amenities
| Utilities | Electric Separate |
|---|---|
| Parking | Parking Lot, Paved Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Boiler |
|---|---|
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Brick Veneer |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $23,343 |
| Tax Year | 2025 |
| Office | HomeSmart Sapphire Realty |
Listing Details
| Office | HomeSmart Sapphire Realty |
|---|