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2528 17th Avenue S Minneapolis, MN $ 825,000
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$ 825,000 Get more info
2528 17th Avenue S
$ 825,000
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Share Save

2528 17th Avenue S

Minneapolis, MN, 55404
$ 825,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,698

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Commercial Property for sale in Minneapolis, MN

for $825,000. This building was built in 1963 on a lot size of 0.17.

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.

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Commercial Active

Price

$ 825,000

Property Type

Commercial

Taxes

$ 11,660

Style

Lot Size

0.17

Year Built

1963

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7086019
Features
General
Sewer City Sewer/Connected
Heating Baseboard
Utilities Electric Separate Heating Common
Roof Age 8 Years or Less Asphalt
Garage Spaces 0
Pool Features None
Year Built 1963
Levels Three Or More
Tax Year 2026
Current Use Residential
Accessibility None
County Hennepin
New Construction N
Property Type Commercial Sale
Contingency None
Subdivision Name Gilpatricks Add
Directions Hwy 55 S W onto E 26th St N onto S 17th Ave building on left.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 10
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 11660.32
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Fencing Chain Link Full
Parking Features Asphalt Parking Lot Paved Lot Open
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Inclusions Building Land Leases Rental License
Lot Size Area 0.17
Lot Dimensions 60x123
Waterfront Y/N N
Foundation Area 4536
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Fuel Natural Gas
Garage Square Feet 0
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Internal Only
Street Number 1 2528
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* Excluded Features
List By
Compass

Broker

miguel.lopez@compass.com

Email

Affordability Calculator

$6,670
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,698
Monthly Property Taxes
$972
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.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/4/2026$825,000 -5.71% Price Down
6/12/2026$875,000 Listed Price

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2528 17th Avenue S, Minneapolis, MN, 55404 is a Commercial Property for sale at $825,000 with a lot size of 0.17. 2528 17th Avenue S was built in 1963. The property's zip code is 55404 which is in Minneapolis, MN

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