5315 Minnehaha Ave S - Apartments FOR SALE


Minneapolis, MN 55417- Minnehaha
$3,200,000 USD
763-232-8821
5315 Minnehaha Ave S, Minneapolis, MN for Sale
$3,200,000 USD
Apartments - FOR SALE
1/7
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5315 Minnehaha Ave S
Minneapolis, MN 55417
Minnehaha


OVERVIEW

Prime South Minneapolis Location – Just steps from Minnehaha Falls, Mississippi River trails, and Minnehaha Park, offering tenants exceptional recreational access and a scenic urban lifestyle. Desirable Unit Mix – 30 total units featuring 21 two-bedroom apartments and 9 one-bedroom units. Strong Transit Connectivity – Located directly on the Metro Blue Line Light Rail, providing convenient access to Downtown Minneapolis, MSP International Airport, and the Mall of America. Proximity to Major Employers – Minutes from the Minneapolis VA Medical Center, University of Minnesota, and key regional employment hubs. Off-Street Parking – Ample surface parking available for residents, a valuable amenity in this high-demand location. Walkable & Bike-Friendly Area – Surrounded by popular trails, neighborhood cafes, and local conveniences that attract long-term tenants.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$120 USD /SF

# OF UNITS

30

PRICE/UNIT

$106,667

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Minnehaha Manor Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,748 SF

ZONING

R-5

APN/PARCEL ID

17-028-23-33-0037

ASK ABOUT THIS PROPERTY

Kirk KenneallyColdwell Banker Commercial RealtyMore Info
763-232-8821

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Kirk KenneallyColdwell Banker Commercial RealtyMore Info
763-232-8821

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