1500 10th Avenue S, Minneapolis, MN 55404
New Listing
$1,300,000
Property Type:
Commercial
Bedrooms:
1
Baths:
1
Lot Size (sq. ft.):
10,890
Status:
Coming Soon
Current Price:
$1,300,000
List Date:
6/13/2026
Last Modified:
6/13/2026
Overview
Description
Listing Details MLS# 7090913
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 12
- Waterfront YN
- No
- Year Built
- 1968
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 3340
- For Sale or Lease
- For Sale
- Acres
- 0.25
- Lot Dimensions
- 75.10 X 145.00
- Assessment Pending
- Unknown
- Garage Stalls
- 0
Property Features
Accessible:
None
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick Veneer
Foundation:
Combination; Slab
Fuel:
Electric; Natural Gas
Heating:
Baseboard; Boiler
Lock Box Type:
Combo
On Site Utilities:
Electric Separate
Owner Pays:
Gas; Maintenance/Repair; Trash Collection; Water
Parking Characteristics:
Parking Lot; Paved Lot
Rental License Type:
Standard
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Escalation
Water:
City Water/Connected
Contract Information
- Contingency
- None
- ListPrice
- 1300000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1500
- Street Name
- 10th
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55404
- Complex/Dev/Subdivision
- J S & W Elliots Add
Assessments
- Tax With Assessments
- 27235
- Assessment Balance
- 0
Basement
- Foundation Dimensions
- 49.10 x 71.3
More Information
Building Information
- Building Finished SqFt
- 10020
- Building SqFt
- 10020
Income and Expenses
- Annual Electric Expense
- 1960
- Annual Fuel Expense
- 6280
- Annual Gross Income
- 136800
- Annual Maintenance Expense
- 1440
- Annual Net Income
- 123920
- Annual Trash Expense
- 3000
- Annual Water/Sewer Expense
- 4320
- Total Annual Expenses
- 12880
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 26
- Township#
- 29
Sale Options
- Sale Includes
- Building, Land
Unit 1
- No. of 1 Bedroom Units
- 12
Unit Details
- Total Units
- 12
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 017 BLOCK 011 J S & W ELLIOTS ADDN TO MPLS
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Property ID Number
- 2602924310065
- Tax Year
- 2025
- Tax Amount
- 23343
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.
- Directions
- I-35W to E 11th St, east to Park Ave, south to E 15th St, east to 10th Ave S. Property on right.
Accessible
- None
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick Veneer
- Yes
Foundation
- Combination
- Yes
- Slab
- Yes
Fuel
- Electric
- Yes
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Boiler
- Yes
Lock Box Type
- Combo
- Yes
Owner Pays
- Gas
- Yes
- Maintenance/Repair
- Yes
- Trash Collection
- Yes
- Water
- Yes
Parking Characteristics
- Parking Lot
- Yes
- Paved Lot
- Yes
Rental License Type
- Standard
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
Tenant Pays
- Escalation
- Yes
On Site Utilities
- Electric Separate
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Residential
- Yes
Listing Office:
HomeSmart Sapphire Realty
Last Updated: June - 13 - 2026
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