2447 11th Avenue S Minneapolis, MN ^$ 529,000

2447 11th Avenue S

^$ 529,000

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2447 11th Avenue S

Minneapolis, MN, 55404

^$ 529,000

Bedrooms7 Baths5.0

Monthly Estimate*

^$ 3,654

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Commercial Property for sale in Minneapolis, MN

for $529,000 with 7 bedrooms and 5 full baths. This building was built in 1884 on a lot size of 0.09.

Five-unit apartment building next to the hospital in South Minneapolis! This property currently has one vacancy but once fully filled should generate $6,465/month in rent. Two of the units are two bedroom units, renting for $1,495 and $1,450. Three are one bedroom units renting for (vacant), $1,150 and $1,270. Tenants pay their own electric (heat is all electric). Old boiler in basement is disconnected.

Commercial Active

Price

^$ 529,000

Bedrooms

Full Bath

Property Type

Commercial

Taxes

^$ 8,243

Style

Lot Size

0.09

Year Built

1884

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7104766

Features

General

Sewer City Sewer/Connected

Heating Baseboard

Utilities Electric Separate

Roof Asphalt Flat Pitched

Garage Spaces 0

Year Built 1884

Tenant Pays Electricity Heat

Tax Year 2025

Current Use Residential

Gross Income 64380

Accessibility None

County Hennepin

Insurance Expense 4210

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Cole & Weeks Rgt Brackett & Bovey

Directions North on Chicago Ave past Childrens MN Left on E 25th St. Left on 11th Ave. S

City Minneapolis

High School District Minneapolis

Zoning Description Residential-Multi-Family

Number Of Units Total 5

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 8243

Electric Expense 0

Trash Expense 2586

Water Sewer Expense 3296

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features On-Street Parking Only

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.09

Lot Dimensions 29x127

Waterfront Y/N N

Foundation Area 1541

Interior

Basement (Y/N) N

Total Bedrooms 7

Total Baths 5

Fuel Electric Natural Gas

Internal Only

Street Number 1 2447

* Excluded Features

List By

Financially Free, Llc

Broker

alexandra@financiallyfreellc.org

Affordability Calculator

$4,341

Per Month

Monthly Principal & Interest: $3,654
Monthly Property Taxes: $687
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,095,414

Percent of Sale Price 107%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/24/2026	$529,000	-3.82%	Price Down
8/22/2026	$550,000	-4.35%	Price Down
7/7/2026	$575,000		Listed Price

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2447 11th Avenue S, Minneapolis, MN, 55404 is a Commercial Property for sale at $529,000 with a lot size of 0.09. 2447 11th Avenue S has 7 bedrooms, 5.0 baths, and was built in 1884. The property's zip code is 55404 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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2447 11th Avenue S

Commercial Property for sale in Minneapolis, MN

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