$450,000
2417 Elliot Ave
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,456
Units 5
Occupancy 100%
Lot Size (SqFt) 6,098
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.45
Multifamily | 5 Units
Marketing description
Midtown Minneapolis is one of the city's most dynamic and culturally diverse submarkets, bounded by 24th Street, Lake Street, I-35W, and Hiawatha Avenue. The neighborhood benefits from strong institutional anchors including Children's Minnesota Minneapolis Hospital, Saint Mary's University of Minnesota-Twin Cities Campus, and the Midtown Global Market, a celebrated retail and dining destination featuring over 45 shops and restaurants representing more than 22 cultures, housed in the historic former Sears building.
Lake Street serves as the neighborhood's primary commercial corridor, offering residents walkable access to dining, retail, and services. Recreational amenities include Stewart Park and East Phillips Park, both offering green space, playgrounds, and community facilities.
Midtown's dense renter base, institutional employment drivers, and continued neighborhood investment create a compelling environment for stable occupancy and long-term rent growth.
Investment highlights
- Fully leased, turnkey five-plex with
- one (1) 2-bedroom unit and four (4)
- 1-bedroom units.
- Price Per Door: $90,000 Per Door
Listing Contacts
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Brokerage Phone
Title
Is there information that looks off?




