1500 10th Avenue S Minneapolis, MN $ 1,300,000
1500 10th Avenue S
$ 1,300,000
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1500 10th Avenue S

Minneapolis, MN, 55404
$ 1,300,000
Bedrooms1 Baths1.0 Sq 10,020

Monthly Estimate*

$ 8,979

1500 10th Avenue S, Minneapolis, MN 55404 - Image 1
1500 10th Avenue S, Minneapolis, MN 55404 - Image 2
1500 10th Avenue S, Minneapolis, MN 55404 - Image 3

Commercial Property for sale in Minneapolis, MN

for $1,300,000 with 1 bedroom and 1 full bath. This 10,020 square foot building was built in 1968 on a lot size of 0.25.

Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.

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Commercial Active

Price

$ 1,300,000

Bedrooms

1

Full Bath

1

Property Type

Commercial

Taxes

$ 23,343

Style

Lot Size

0.25

Year Built

1968

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7090913

Features
General
Sewer City Sewer/Connected
Heating Baseboard Boiler
Utilities Electric Separate
Garage Spaces 0
Year Built 1968
Tenant Pays Escalation
Levels Two
Tax Year 2025
Current Use Residential
Gross Income 136800
Accessibility None
County Hennepin
Net Operating Income 123920
Operating Expense 12880
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 1440
Subdivision Name J S & W Elliots Add
Directions I-35W to E 11th St east to Park Ave south to E 15th St east to 10th Ave S. Property on right.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 12
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 23343
Electric Expense 1960
Fuel Expense 6280
Trash Expense 3000
Water Sewer Expense 4320
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Parking Features Parking Lot Paved Lot
Water Source City Water/Connected
Inclusions Building Land
Lot Size Area 0.25
Building Area Total 10020
Lot Dimensions 75.10 X 145.00
Waterfront Y/N N
Foundation Area 3340
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Interior
Basement (Y/N) N
Total Bedrooms 1
Total Baths 1
Foundation Dimensions 49.10 x 71.3
Fuel Electric Natural Gas
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Internal Only
Street Number 1 1500
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* Excluded Features
List By
Homesmart Sapphire Realty

Broker

luispaucarre@gmail.com

Email

Affordability Calculator

$10,924
Per Month
82%
18%
0%
Monthly Principal & Interest
$8,979
Monthly Property Taxes
$1,945
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
Pricing History
DatePricePrice ChangeDescription
6/13/2026$1,300,000 Listed Price

Map


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1500 10th Avenue S, Minneapolis, MN, 55404 is a Commercial Property for sale at $1,300,000 with 10,020 sqft and a lot size of 0.25. 1500 10th Avenue S has 1 bedrooms, 1.0 baths, and was built in 1968. The property's zip code is 55404 which is in Minneapolis, MN