2110 Park Avenue presents an opportunity to acquire a 22-unit multifamily apartment building in South Minneapolis, offering durable construction, recent capital improvements, and a rent profile positioned to serve the city’s strong demand for affordable housing.
The property consists of 17 one-bedroom units and 5 studios, providing an efficient unit mix well-suited for long-term rental stability. Many units and common areas have been updated, and a new roof installed in 2025 reduces near-term capital exposure for incoming ownership.
Located minutes from downtown Minneapolis and major transit corridors, the asset benefits from strong renter demand driven by employment access, transit connectivity, and proximity to neighborhood services. With in-place rents averaging approximately $1,050 per unit, the property offers clear value-add potential through continued interior upgrades, operational efficiencies, and market rent optimization.
2110 Park Avenue represents a compelling opportunity for investors seeking a stable, affordable multifamily asset with upside in one of Minneapolis’s most established rental submarkets.