2110 1st Avenue S, Minneapolis, MN 55404
New Listing
$699,900
Property Type:
Commercial
Lot Size (sq. ft.):
16,117
Status:
Active
Current Price:
$699,900
List Date:
6/02/2026
Last Modified:
6/03/2026
Overview
Description
...
(Read more)
Beautiful Grand Victorian boarding house with active rental license. 18 single rooms which include an owner's suite with 2 bedrooms. Currently there are only 5 units rented at $500 per month. Market rate should be closer to $600 per room on average. 17 rooms are allowed to be rented although the current license has approval for 16. There is an opportunity to generate $10,200 per month at market rent. There is a steady demand for units and the property is being underutilized. Owners' suite is spacious and has a full kitchen and private bathroom. Possible for an ADU in the basement and above the garage. Many bathrooms have been capped. There is currently one bathroom per floor that is operational. There are a total of 13 bathrooms. Large parking lot can accommodate up to 15 cars. There is a spacious 3 car garage on site and additional carriage house. New roof installed in 2021. Exterior painted in 2021. The property is priced well below assessed value of $937,000 setting you up for a large reduction in property taxes! This a perfect opportunity for a live in handyman to repair and remodel the property and have the mortgage covered. Lots of unique opportunities for investors or other organizations to cash flow this iconic property!
Listing Details MLS# 7085297
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 15
- Owner Occupied
- Yes
- Waterfront Present
- No
- Year Built
- 1913
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 1444
- Garage Stalls
- 2
- For Sale or Lease
- For Sale
- Acres
- 0.37
- Lot Dimensions
- 100x160
- Assessment Pending
- No
Property Features
Accessible:
None
Air Conditioning:
None
Amenities Shared:
Coin-op Laundry Owned
Amenities Unit:
Natural Woodwork; Paneled Doors; Security Lights
Appliances:
Dishwasher; Range; Refrigerator
CMU Style:
Business Opportunity
Construction Materials:
Brick
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick/Stone
Flooring:
Carpet; Wood
Foundation:
Brick/Mortar
Fuel:
Natural Gas
Heating:
Boiler
Loan Terms:
Cash; Conventional; Other
Lock Box Type:
Combo
On Site Utilities:
Electric Common
Owner Pays:
All Utilities; Common Area Maintenance; Exterior Maintenance; Fuel; Snow Removal; Taxes; Trash Collection; Water
Rental License Type:
Other
Road Frontage:
City Street; Sidewalks
Roof:
Age 8 Years or Less
Sewer:
City Sewer - In Street
Shared Rooms:
Community Room
Stories:
Three Or More
Topography:
Level
Wall Description:
Plaster
Water:
City Water - In Street
Window Features:
Double Pane Windows
Contract Information
- Contingency
- None
- ListPrice
- 699900
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 2110
- Street Name
- 1st
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55404
- Complex/Dev/Subdivision
- The Neighborhood Blk
Assessments
- Assessment Balance
- 1477.35
- Tax With Assessments
- 17517.3
Building Information
- Building Finished SqFt
- 8582
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 700
Public Survey Info
- Range#
- 24
- Section#
- 34
- Township#
- 29
Sale Options
- Sale Includes
- Building, Business, Fixture/Equipment, Leases, Rental License
Unit Details
- Total Units
- 18
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 004 THE NEIGHBORHOOD BLOCK MPLS
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Property ID Number
- 3402924120061
- Tax Year
- 2026
- Tax Amount
- 16039.95
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Beautiful Grand Victorian boarding house with active rental license. 18 single rooms which include an owner's suite with 2 bedrooms. Currently there are only 5 units rented at $500 per month. Market rate should be closer to $600 per room on average. 17 rooms are allowed to be rented although the current license has approval for 16. There is an opportunity to generate $10,200 per month at market rent. There is a steady demand for units and the property is being underutilized. Owners' suite is spacious and has a full kitchen and private bathroom. Possible for an ADU in the basement and above the garage. Many bathrooms have been capped. There is currently one bathroom per floor that is operational. There are a total of 13 bathrooms. Large parking lot can accommodate up to 15 cars. There is a spacious 3 car garage on site and additional carriage house. New roof installed in 2021. Exterior painted in 2021. The property is priced well below assessed value of $937,000 setting you up for a large reduction in property taxes! This a perfect opportunity for a live in handyman to repair and remodel the property and have the mortgage covered. Lots of unique opportunities for investors or other organizations to cash flow this iconic property!
- Directions
- From Franklin Ave go South on 1st to the property.
Accessible
- None
- Yes
Air Conditioning
- None
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Amenities Unit
- Natural Woodwork
- Yes
- Paneled Doors
- Yes
- Security Lights
- Yes
Appliances
- Dishwasher
- Yes
- Range
- Yes
- Refrigerator
- Yes
Construction Materials
- Brick
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Flooring
- Carpet
- Yes
- Wood
- Yes
Foundation
- Brick/Mortar
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Boiler
- Yes
Lock Box Type
- Combo
- Yes
Owner Pays
- All Utilities
- Yes
- Common Area Maintenance
- Yes
- Exterior Maintenance
- Yes
- Fuel
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Rental License Type
- Other
- Yes
Road Frontage
- City Street
- Yes
- Sidewalks
- Yes
Roof
- Age 8 Years or Less
- Yes
Sewer
- City Sewer - In Street
- Yes
Shared Rooms
- Community Room
- Yes
Stories
- Three Or More
- Yes
Topography
- Level
- Yes
Wall Description
- Plaster
- Yes
Water
- City Water - In Street
- Yes
Window Features
- Double Pane Windows
- Yes
On Site Utilities
- Electric Common
- Yes
CMU Style
- Business Opportunity
- Yes
Current Use
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
- Other
- Yes
Listing Office:
Coldwell Banker Realty - Southwest Regional
Last Updated: June - 03 - 2026
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