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31262265
31262264

2417 Elliot Ave, Minneapolis, MN 55404 For Sale

HL
MN 40945305, WI 11249594
$450,000
115 days on market
Updated 115 days ago
Opportunity zone

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

HL
MN 40945305, WI 11249594

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Additional Information

Name
Hannah Larrabee
License
40945305
Brokerage
AR Realty Group
Brokerage Phone
6514609871
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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