1810 PORTLAND AVENUE

1810 Portland Avenue, Minneapolis, 55404, MN

FEATURES

DETAILS

Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property has been 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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: Block, Shared Access,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Wall Unit(s)

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 8055ft²

  • Unit Amenities:

    • Hardwood Floors
  • Heating System:

    • Hot Water
    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 6891

  • Longitude: 44.9647

  • Latitude: -93.2681

  • Zoning: Business/Commercial

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $17,526

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7705402

  • Listing Brokerage: Keller Williams Premier Realty Agency Icon

ID: 3691849
Published: May 14, 2025
Last Update: May 14, 2025
Views: 7