2017 Grand Avenue S
Minneapolis, MN, 55405 $ 675,000
Bedrooms8 Baths4.0 Sq 4,732 Monthly Estimate*
$ 4,662
for $675,000 with 8 bedrooms and 4 full baths. This 4,732 square foot home was built in 1904 on a lot size of 0.19.
Prime Investment Opportunity in Whittier – Uptown Minneapolis Located in the highly sought-after Whittier neighborhood of Uptown Minneapolis, this well-maintained four-unit property presents an exceptional investment opportunity. Situated on an extra-wide 64-foot lot, the building combines spacious units, thoughtful updates, and a prime location known for strong and consistent rental demand—ideal for investors seeking reliable, long-term income. Property Highlights: Unit 1 & Unit 2: Two expansive 3-bedroom units featuring beautiful hardwood floors, cozy fireplaces, and tasteful updates throughout. Unit 1 has been recently enhanced with refinished floors, updated tile, modern cabinetry, and elegant granite countertops, offering both style and durability. Unit 3 (Top Floor): A bright and spacious 2-bedroom unit complete with a private deck, gas fireplace, and luxury vinyl flooring. The updated kitchen showcases sleek granite countertops, creating a modern and inviting living space that appeals to quality tenants. Lower-Level Studio: A well-designed studio apartment with its own egress, providing added safety and functionality. This unit also includes access to a utility room with owned coin-operated laundry, generating additional income potential. Parking & Improvements: The property includes three garage stalls along with ample off-street parking—a valuable amenity in this high-demand area. A brand-new roof installed in 2024 offers peace of mind and minimizes near-term capital expenses. Location & Investment Potential: Positioned in the heart of Uptown Minneapolis, residents enjoy close proximity to popular restaurants, shopping, parks, and convenient public transit. The Whittier neighborhood continues to attract renters, ensuring strong occupancy rates and stable cash flow. With its generous unit sizes, recent upgrades, and unbeatable location, this property stands out as a turnkey investment with excellent upside potential. Don’t miss this rare opportunity to own a high-performing multi-family property in one of Minneapolis’ most desirable rental markets. Schedule your showing today!
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FeaturesGeneralLiving Area 4732
Sewer City Sewer/Connected
Heating Boiler Radiator
Roof Age 8 Years or Less
Garage Spaces 3
Year Built 1904
Tenant Pays Broadband Cable TV Electricity Telephone
Levels More Than 2 Stories
Property Subtype Fourplex
Tax Year 2026
Gross Income 67800
Accessibility None
County Hennepin
Operating Expense 20100
Insurance Expense 6200
New Construction N
Property Type Residential Income
Association Amenities Laundry Coin-op Laundry Owned
Contingency None
MaintenanceExpense 500
Subdivision Name Badger & Penneys Add
Directions South on 94 to Lyndale Ave. Take a left (east) on Franklin Ave S go 3 blocks and take a right on Grand Ave S. Arrive at 2 property on the left 2017 Grand Ave S.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 9655.52
Electric Expense 900
Fuel Expense 8100
Trash Expense 1800
Water Sewer Expense 2400
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Block Egress Window(s) Finished Partially Finished Shared Access Single Tenant Access Walkout
Basement (Y/N) Y
Above Grade Finished Area 4110
Laundry Features In Basement Common Area
Total Bedrooms 8
Below Grade Finished Area 622
Total Baths 4
Fuel Electric Natural Gas
Garage Square Feet 900
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ExteriorParking Features Detached Garage Concrete
Water Source City Water/Connected
Lot Size Area 0.19
Building Area Total 5654
Lot Dimensions 64x129
Waterfront Y/N N
Foundation Area 1544
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* Excluded FeaturesList Byandykrishnan1@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,662
- Monthly Property Taxes
- $805
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Minneapolis, MN
Average List Price $481,981
Percent of Sale Price 29%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/7/2026 | $675,000 | | Listed Price |