$2,380,000

2110 Park Avenue, Minneapolis, MN 55404

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$2,380,000

2110 Park Avenue Minneapolis, MN 55404

For Sale MLS# 6823043

15,300 sq ft Commercial

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Data current as of 03/03/2026 16:09:19

Details for 2110 Park Avenue

MLS# 6823043

Description for 2110 Park Avenue, Minneapolis, MN, 55404


Well-maintained 22-unit multifamily property in a prime Minneapolis location, featuring 5 studios and 17 one-bedroom units. Several recent improvements include updated units, refreshed common hallways, and a new roof. The property has been accepted into the 4d Affordable Housing Incentive Program, resulting in a 78.8% reduction in property taxes beginning in 2026, significantly enhancing long-term cash flow. Strong rental demand due to its proximity to Downtown Minneapolis, major transit lines, hospitals, and employment centers. Excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.27 Acres

Square Feet: 15,300 sq ft

Year Built: 1959

Foundation: 5,100 sq ft

Stories: Three Or More

Subdivision: G N Merriams Add

Number Of Units Total: 22

Current Use: Residential

County: Hennepin

Days On Market: 92

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Other Utilities: Electric Separate

Cooling: Wall

Heating: Boiler, Natural Gas

Exterior / Lot Features


Open Parking: 8

Parking Description: Parking Lot

Exterior: Brick/Stone

Lot Dimensions: 75 X 159.75

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Land Inclusions - Building

Driving Directions


From I-94, take the Portland Ave exit and head south. Turn left onto 22nd St E, then left onto Park Ave. Property will be on the right.

Financial Considerations


Gross Income: 261861

Tax/Property ID: 3502924220011

Tax Amount: 6766

Tax Year: 2026

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
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

Schools nearby 2110 Park Avenue

Schools in attendance boundaries Grades Distance Rating
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Schools nearby Grades Distance Rating
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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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