Courtesy of: Victoria Yepez, National Realty Guild, vyepez@nrgrealtor.com
Courtesy of: Victoria Yepez, National Realty Guild, vyepez@nrgrealtor.com
$2,380,000
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Lot: 0.27 Acres
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Other
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$2,380,000
2110 Park Avenue Well-maintained 22-unit multifamily property in a prime Minneapolis location, featuring 5 studios and 17 one-bedroom units. Several recent improvements include updated units, refreshed common hallways, and a new roof. The property has been accepted into the 4d Affordable Housing Incentive Program, resulting in a 78.8% reduction in property taxes beginning in 2026, significantly enhancing long-term cash flow. Strong rental demand due to its proximity to Downtown Minneapolis, major transit lines, hospitals, and employment centers. Excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential.
Courtesy of: Victoria Yepez, National Realty Guild, vyepez@nrgrealtor.com
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