$880,000

1810 Portland Avenue, Minneapolis, MN 55404

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$880,000

1810 Portland Avenue Minneapolis, MN 55404

For Sale MLS# 6793568

8,055 sq ft Commercial

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Data current as of 15/12/2025 18:27:25

Details for 1810 Portland Avenue

MLS# 6793568

Description for 1810 Portland Avenue, Minneapolis, MN, 55404


Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property hasbeen meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.

Listing Information


Property Type: Commercial, Apartments/Multi Family,Low Rise (3- Levels)

Status: Active

Bedrooms: 11

Bathrooms: 11

Lot Size: 0.16 Acres

Square Feet: 8,055 sq ft

Year Built: 1963

Foundation: 8,055 sq ft

Stories: Three Or More

Subdivision: Jackson Daniels & Whitneys Add

Number Of Units Total: 11

Current Use: Residential

County: Hennepin

Days On Market: 26

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Interior Features


Appliances: Gas Water Heater, Range, Refrigerator

Flooring: Vinyl/Linoleum,Wood

Basement: Shared Access, Concrete Block

Additional Interior Features: Hardwood Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate,Hot Water Common

Cooling: Wall

Heating: Boiler, Hot Water, Natural Gas

Exterior / Lot Features


Open Parking: 11

Parking Description: Driveway - Asphalt

Exterior: Brick/Stone

Roof: Age 8 Years or Less

Lot Dimensions: 6891

Zoning: Business/Commercial

Additional Exterior/Lot Features: Public Transit (w/in 6 blks), Land Inclusions - Building,Leases,Rental License, Road Frontage - City

Driving Directions


Take I-94, exit at 11th St S, turn left on Portland Ave S

Financial Considerations


Tenant Pays: Electric,Gas

Owner Pays: Sewer,Water

Tax/Property ID: 2702924440068

Tax Amount: 17526.4

Tax Year: 2025

HomeStead Description: Non-Homesteaded

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 1810 Portland Avenue

Schools in attendance boundaries Grades Distance Rating
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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