1810 Portland Avenue, Minneapolis, MN 55404
- 8,055 sqft
Commercial Property 
Built in 1963 
6,970sqft lot
—— car garage 
$137/sqft 
Listed 9 days ago
Property Description
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.
- Listing Status:
- Active
- Listing Office:
- Keller Williams Premier Realty : 651-379-5252
- MLS ID:
- 6676751
- Appliances: Gas Water HeaterRangeRefrigerator
- Basement: BlockShared Access
- A/C: Wall Unit(s)
- Heating: BoilerHot Water
This listing courtesy of Keller Williams Premier Realty
Location
Schools Nearby
Emerson Elementary School
120 W 15th St, Minneapolis, MN, 55403
Grades PK-5
0.66 miles away
Stadium View
510 Park Ave, Minneapolis, MN, 55415
Grades 6-12
0.76 miles away
Loring Nicollet Extended
1925 Chicago Ave, Minneapolis, MN, 55404
Grades 9-12
0.31 miles away
