Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
Property Description
Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property hasbeen meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.
Property Features
Feature Descriptions
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1810 Portland Avenue, Minneapolis, MN 55404
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1810 Portland Avenue, Minneapolis, MN 55404
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1810 Portland Avenue, Minneapolis, MN 55404.
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1810 Portland Avenue | MLS# 6793568
This commercial property located at 1810 Portland Avenue, Minneapolis, MN 55404 is currently listed for sale with an asking price of $880,000. Portland Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealestate.com today.