Listed By
Agency Name: Keller Williams Classic Realty
Agency Phone: 763-746-4900
Shown By
Agent Name: The Miller Group
Agent Phone: (763) 286-2900
Agency Title: Counselor Realty
Property Description
This stunning, nearly new multi-family building constructed in 2022 offers 18 bedrooms and 15 bathrooms across 6 units, delivering exceptional cash flow. Each unit features beautiful cabinetry, premium appliances, quartz countertops, and convenient kitchen center islands. You'll also find front-load washer and dryer sets in every unit, plus private balconies for enjoying fresh air and views. The tasteful, modern design flows seamlessly throughout with high-quality finishes, including tiled bathroom floors and showers. Located just one block from the prestigious Minneapolis College of Art and Design (MCAD), this property is perfectly positioned for student housing, young professionals, or long-term tenants. The previous tenant for 4 years rented the entire building for $15,000 per month (tenant paid all utilities and exterior maintenance), with the current lease ending at the end of April 2026. Units are actively leasing up, with projected total rents exceeding $15,500 per month. Built in 2022, the property requires minimal maintenance or repairs. This is a rare opportunity to own a new modern, income-producing asset that cannot be easily recreated. Schedule your showing today and take advantage of this fabulous cash-flow opportunity!
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2413 1st Avenue S, Minneapolis, MN 55404
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2413 1st Avenue S, Minneapolis, MN 55404
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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2413 1st Avenue S | MLS# 7045824
This commercial property located at 2413 1st Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $1,999,900. 1st Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.gaylemiller.realtor today.