$1,300,000
1500 10th Avenue S Minneapolis, MN 55404
For Sale MLS# 7090913
10,020 sq ft Commercial
Details for 1500 10th Avenue S
MLS# 7090913
Description for 1500 10th Avenue S, Minneapolis, MN, 55404
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.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 1
Bathrooms: 1
Lot Size: 0.25 Acres
Square Feet: 10,020 sq ft
Year Built: 1968
Foundation: 3,340 sq ft
Stories: 2 Stories
Subdivision: J S & W Elliots Add
Number Of Units Total: 12
Current Use: Residential
County: Hennepin
Days On Market: 32
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Other Utilities: Electric Separate
Heating: Baseboard, Boiler, Electric, Natural Gas
Exterior / Lot Features
Open Parking: 12
Parking Description: Parking Lot, Paved Lot
Exterior: Brick Veneer
Lot Dimensions: 75.10 X 145.00
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Land Inclusions - Building,Land
Driving Directions
I-35W to E 11th St, east to Park Ave, south to E 15th St, east to 10th Ave S. Property on right.
Financial Considerations
Tenant Pays: Escalation
Owner Pays: Gas,Maintenance/Repair,Trash,Water
Gross Income: 136800
Expense: 12880
Tax/Property ID: 2602924310065
Tax Amount: 23343
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: HomeSmart Sapphire Realty
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1500 10th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1500 10th Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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