2110 S Park Ave - Apartments FOR SALE


Minneapolis, MN 55404- Ventura Village
$2,750,000 USD
651-210-7800
2110 S Park Ave, Minneapolis, MN for Sale
$2,750,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

2110 S Park Ave
Minneapolis, MN 55404
Ventura Village


HIGHLIGHTS

  • New roof completed in 2025 and updated common areas
  • Minneapolis 4d Affordable Housing Incentive Program in 2026, offering an estimated 40–60% property tax reduction
  • Ideal for investors seeking stable cash flow with long-term value growth potential

OVERVIEW

2110 Park Avenue presents a well-maintained 22-unit low-rise apartment building located in the heart of Minneapolis, offering a mix of 5 studios and 17 one-bedroom units. The property features updated interiors, refreshed common areas, and a new roof completed in 2025, ensuring minimal near-term capital needs. Positioned near downtown and key employment corridors, 2110 Park benefits from strong rental demand and excellent transit accessibility. The building is also set to participate in the City of Minneapolis 4d Affordable Housing Incentive Program beginning in 2026, providing an estimated 40–60% property tax reduction—enhancing long-term cash flow and investment stability. With its desirable unit mix, proven location, and upcoming 4d tax advantage, 2110 Park Avenue offers investors a solid opportunity to acquire a stable, income-producing asset in one of Minneapolis’ most connected neighborhoods.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

22

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1959

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,927 SF

ZONING

RM2

APN/PARCEL ID

35-029-24-22-0011

ASK ABOUT THIS PROPERTY

Victoria YepezVY ManagementMore Info
651-210-7800

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Victoria YepezVY ManagementMore Info
651-210-7800

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.