2501 17th Ave S - Apartments FOR SALE


Minneapolis, MN 55404- Midtown Minneapolis
$525,000 USD
952-475-8057
2501 17th Ave S, Minneapolis, MN for Sale
$525,000 USD
Apartments - FOR SALE
1/5
null | Request Cap Rate

2501 17th Ave S
Minneapolis, MN 55404
Midtown Minneapolis


OVERVIEW

East Phillips is a vibrant, diverse neighborhood in Minneapolis offering strong opportunities for multifamily property investment. Just minutes from downtown, it’s well-connected via I-94, Hiawatha Avenue, and the METRO Blue Line, making it highly accessible for residents. The area features a mix of historic charm and modern redevelopment, with initiatives enhancing infrastructure, green spaces like East Phillips Park, and the Midtown Greenway. Its proximity to employment hubs, the University of Minnesota, and Hennepin Healthcare adds to its appeal, while a variety of retail and dining options reflect its multicultural identity. With affordable property prices, growing rental demand, and a focus on revitalization, East Phillips is an attractive market for investors seeking profitability and long-term value in a dynamic urban setting.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$79 USD /SF

# OF UNITS

8

PRICE/UNIT

$65,625

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,192 SF

ZONING

R5

APN/PARCEL ID

35-029-24-14-0187

ASK ABOUT THIS PROPERTY

Ben JohnsonResults CommercialMore Info
952-475-8057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Ben JohnsonResults CommercialMore Info
952-475-8057

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.