1810 Portland AVE new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55404
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Jackson Daniels & Whitneys Add
MLS Listing ID 6676751
Year Built 1963
Annual Tax Amount $17,526
Tax Year 2025
Lot Size 6,969 Sqft
Property Description
Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property has been meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.
Location
State MN
County Hennepin
Zoning Business/Commercial
Interior
Heating Boiler,Hot Water
Cooling Wall Unit(s)
Inclusions Building,Leases,Rental License
Exterior
Parking Features Asphalt
Utilities Available Electric Separate,Hot Water Common
Roof Type Age 8 Years or Less
Building
Lot Description Public Transit (w/in 6 blks)
Foundation 8055
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis