1501 Marshall Street NE Minneapolis, MN ^$ 1,625,000

1501 Marshall Street NE

^$ 1,625,000

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1501 Marshall Street NE

Minneapolis, MN, 55413

^$ 1,625,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 11,223

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Commercial Property for sale in Minneapolis, MN

for $1,625,000. This building was built in 1964 on a lot size of 0.28.

This is a three-story brick apartment building built n 1964 with 9,792 Sq. Ft. There are 16 units with 4 - efficiencies and 12 - one bedrooms, The lot is 74 Ft x 167 Ft. There are 16 air conditioner wall units. There is a Hot Water Boiler System. All apartments have electric-oven ranges. There are 13 on-site parking spaces. The property is close to the Mississippi River, restaurants and shopping.

Commercial Active

Price

^$ 1,625,000

Property Type

Commercial

Taxes

^$ 30,065

Style

Lot Size

0.28

Year Built

1964

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7157310

Features

General

Sewer City Sewer/Connected City Sewer - In Street

Heating Boiler Hot Water

Cooling Wall Unit(s)

Utilities Electric Separate Heating Common Hot Water Common

Roof Age 8 Years or Less Rolled/Hot Mop Flat

Appliances Cooktop Range Refrigerator

Garage Spaces 0

Construction Materials Block Brick

Year Built 1964

Tenant Pays Electricity

Levels Three Or More

Tax Year 2026

Current Use Residential

Accessibility Hallways 42 +

County Hennepin

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Kammerers Add

Directions Broadway Street NE to Marshall Street NE

City Minneapolis

High School District Minneapolis

Zoning Description Residential-Multi-Family

Number Of Units Total 16

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 30065

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Amenities Unit Ceiling Fan(s) Hardwood Floors Natural Woodwork

Interior

Basement Block Daylight/Lookout Windows Full Storage/Locker

Basement (Y/N) Y

Fuel Natural Gas

Garage Square Feet 0

Exterior

Parking Features Asphalt Parking Lot Unassigned Open

Lot Features Public Transit (w/in 6 blks)

Water Source City Water/Connected City Water - In Street

Inclusions Building Fixture/Equipment Land Leases

Lot Size Area 0.28

Lot Dimensions 74 X 167

Waterfront Y/N N

Foundation Area 3264

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 1501

* Excluded Features

List By

Edina Realty, Inc.

Broker

jimcohen@edinarealty.com

Affordability Calculator

$13,729

Per Month

Monthly Principal & Interest: $11,223
Monthly Property Taxes: $2,505
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 33%

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
10/8/2026	$1,625,000		Listed Price

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1501 Marshall Street NE, Minneapolis, MN, 55413 is a Commercial Property for sale at $1,625,000 with a lot size of 0.28. 1501 Marshall Street NE was built in 1964. The property's zip code is 55413 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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1501 Marshall Street NE

Commercial Property for sale in Minneapolis, MN

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