Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale Minnehaha Avenue Apartments. Minnehaha Avenue Apartments is a fully renovated, 17-unit multifamily asset located in the highly desirable Howe neighborhood of Minneapolis. Originally constructed in 1963, the property comprises a balanced unit mix of five one-bedroom and twelve two-bedroom residences, averaging 733 square feet. Current rents average $1,393 per month, offering a strong in-place yield and consistent income stream for investors. This turnkey investment opportunity has undergone comprehensive renovations, including a new roof, new windows, upgraded common areas, a newly paved parking lot, and over $40,000 in improvements per unit. Finishes are well above market average, positioning the property as one of the highest-quality rental options in its submarket. Situated on a 0.28-acre parcel with 12 surface parking spaces, the building combines efficient design with timeless midcentury architecture. The thoughtful upgrades and stabilized rent roll make this an attractive, low-maintenance asset with long-term upside potential. Residents benefit from a quiet, community-centric location near local favorites such as The Howe Daily Kitchen & Bar, Standish Café, and Atuvava Bakery. The property’s location within a well-established and walkable residential pocket adds further appeal for both tenants and investors.