$699,900
2110 1st Avenue S Minneapolis, MN 55404
For Sale MLS# 7085297
8,582 sq ft Commercial
Details for 2110 1st Avenue S
MLS# 7085297
Description for 2110 1st Avenue S, Minneapolis, MN, 55404
Beautiful Grand Victorian boarding house with active rental license. 18 single rooms which include an owner's suite with 2 bedrooms. Currently there are only 5 units rented at $500 per month. Market rate should be closer to $600 per room on average. 17 rooms are allowed to be rented although the current license has approval for 16. There is an opportunity to generate $10,200 per month at market rent. There is a steady demand for units and the property is being underutilized. Owners' suite is spacious and has a full kitchen and private bathroom. Possible for an ADU in the basement and above the garage. Many bathrooms have been capped. There is currently one bathroom per floor that is operational. There are a total of 13 bathrooms. Large parking lot can accommodate up to 15 cars. There is a spacious 3 car garage on site and additional carriage house. New roof installed in 2021. Exterior painted in 2021. The property is priced well below assessed value of $937,000 setting you up for a large reduction in property taxes! This a perfect opportunity for a live in handyman to repair and remodel the property and have the mortgage covered. Lots of unique opportunities for investors or other organizations to cash flow this iconic property!
Listing Information
Property Type: Commercial, Business Opportunity
Status: Active
Lot Size: 0.37 Acres
Square Feet: 8,582 sq ft
Year Built: 1913
Foundation: 1,444 sq ft
Garage: Yes
Stories: Three Or More
Subdivision: The Neighborhood Blk
Number Of Units Total: 18
Current Use: Residential
County: Hennepin
Days On Market: 9
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Gas Water Heater, Dishwasher, Wall Oven, Range, Refrigerator
Flooring: Carpet,Wood
Doors/Windows: Double Pane Windows
Additional Interior Features: Natural Woodwork, Paneled Doors
Utilities
Water: City Water - In Street
Sewer: City Sewer - In Street
Other Utilities: Electric Common
Heating: Boiler, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 15
Parking Description: Detached Garage, Garage Sq Ft - 700.0
Exterior: Brick/Stone
Roof: Age 8 Years or Less
Lot Dimensions: 100x160
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Land Inclusions - Building,Business,Fixture/Equipment,Leases,Rental License, Road Frontage - City, Sidewalks
Community Features
Community Features: Community Room
Driving Directions
From Franklin Ave go South on 1st to the property.
Financial Considerations
Other Annual Tax: $1,477
Owner Pays: All Utilities,Common Area Maintenance,Exterior Maintenance,Fuel,Snow,Taxes,Trash,Water
Tax/Property ID: 3402924120061
Tax Amount: 16039.95
Tax Year: 2026
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Coldwell Banker Realty - Southwest Regional
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 2110 1st 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 2110 1st Avenue S
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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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