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2120 Minnehaha Avenue, Minneapolis, MN 55404


Off-Market Date: 4/2/2021

2120 Minnehaha Avenue Minneapolis, MN 55404

Pending MLS# 5729921

9,400 sq ft Commercial

Data current as of {{getLocalTime('2021-04-21T18:28:23Z')}}


MLS# 5729921

Description for 2120 Minnehaha Avenue, Minneapolis, MN, 55404

Multifamily or Repurposing opportunity. Zoned I-1. Two parcels being sold together: 2120 Minnehaha Ave So and 1914 22nd St E. Current use is residential rental. Licensed through March 2022. Monthly leases except for two Sec 8 tenants. Buildings are solid, cosmetic improvements have been done between tenants. 1 block from rail stop. Bus stop at corner. Lot is approx .37 acres; 9 off street parking spots. 2120 Minnehaha: seven 1BR units and one 2BR unit. Rents $750-850. Basement includes a large conference room and commercial kitchen. Formerly used by a church; currently storage. High efficiency boiler in 2013. New water heater July 2017. AC in basement and Unit #3. Windows were replaced in early 1990's. Caretaker in Unit #3, rent is reduced to $400 for services. Two units are vacant, one under construction. 1914 22nd St: four 1BR units that rent for $700. This building could use some sprucing up. The area has many new businesses and much development of new multifamily housing.

Listing Information

Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.37 Acres

Square Feet: 9,400 sq ft

Year Built: 1917

Foundation: 4,165 sq ft

Garage: No



Property Attached: No

Date Available:

Model Home:


Completion date:

Subdivision: Westfalls Add



Total Units: 12

Current Use: Residential

Background Check: No


Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 9

HERS Score:

Construction Status: Previously Owned

School Information

District: 1 - Minneapolis




Interior Features

Square Footage above:

Square Footage below:

Appliances: Range, Freezer, Refrigerator, Dishwasher, Electric Water Heater


Basement: Partial Finished, Full

Additional Interior Features:


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Heating Common,Electric Separate,Electric Common,Hot Water Common

Other Utilities:

Cooling: Central

Heating: Space/Wall Heater, Hot Water, Natural Gas

Exterior / Lot Features

Parking Spaces: 9

Parking Description: Uncovered/Open, Paved Lot, Garage Sq Ft - 1

Exterior: Stucco

Roof: Pitched

Lot View:

Lot Dimensions: Irreg

Farm Type:

Crop Type:

Zoning: Industrial

Fence: Partial, Wire, Wood

Additional Exterior/Lot Features: Irregular Lot, Tree Coverage - Medium, Tree Coverage - Light, City Bus (w/in 6 blks), Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Community Features

Community Amenities: Community Room

Complex Features: Coin-op Laundry Leased

Pets Allowed: No

Association Name:

Driving Directions

South of Franklin on Minnehaha Ave.

Financial Considerations

Other Deposit Fees:

Covenants/Deed Restrictions:


Tenant Pays: Fuel,Electric

Owner Pays: Taxes,Insurance,Water/Sewer,Electric,Fuel,Maintenance/Repair,Janitorial,Snow,Lawn

Annual Income: $105,600

Ownership Type:

Tax/Property ID: 3602924220020

Tax Amount: $1,434

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes

$799,000 Original Price
$799,000 Current Price
+$0 Total Change
Date Price Change
3/25/2021 08:54 AM $799,000

Sales History

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Schools nearby 2120 Minnehaha Avenue

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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

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

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