924 17th Avenue SE, Minneapolis, MN
$ 2,490,000
Property Attributes
  • ID#6369382
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaRollins Add
  • NeighborhoodRollins Add
  • Zip55414
  • StyleApartment
  • Year Built1969
  • Taxes$ 27217
  • Price$ 2,490,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8228
  • Lot Size0.38 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PID’s: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package

Price History
5/15/2023 Listed $2,490,000

General Features

Accessibility None
Additional Parcels Y/N No
City Minneapolis
Construction Materials Wood Siding
Contingency None
County Hennepin
Current Use Residential
Days on Market 82
Directions From SE University (CR-36) right onto SE Oak St (CR-37) to SE 4th St (Cr-37), right onto SE 10th Avenue, Left on SE 8th St, Left onto SE 9th Ave, to SE 7th St
Electric Expense 1630
Fuel Expense 4644
Gross Income 217361
Heating Hot Water
High School District Minneapolis
Insurance Expense 5952
Lender Owned No
Maintenanceexpense 3254
Net Operating Income 161650
Operating Expense 55711
Property SubType Apartment
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Street Name 17th
Subdivision Name Rollins Add
Tax Annual Amount 27217
Tax Year 2023
Total Units 11
Trash Expense 2204
Utilities Electric Separate, Heating Common, Hot Water Common
Water Sewer Expense 3946
Year Built 1969
Zoning Description Business/Commercial

Interior Features

Fuel Natural Gas
Garage Dimensions 150x110
Street Suffix Avenue

Exterior Features

Foundation Area 4114
Inclusions Building, Land
Lot Dimensions 150X110
Lot Size Area 0.38
Lot Size Units Acres
Parking Features Detached
Water Source City Water/Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55414

AVG $2.49M
AVG $33,822
AVG 153
Year Built
AVG 1966
AVG 83
Data Provided by Walkscore ® not using MLS data

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