2210 Oakland Avenue, Minneapolis, MN 55404

New Listing
$790,000
Property Type: Multi-Family Bedrooms: 12 Baths: 6 Square Footage: 5,269 Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $790,000 List Date: 7/09/2026 Last Modified: 7/09/2026

Overview

Description

Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal. The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric. The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available. For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a min ...

Listing Details MLS# 7105774

General Property Information

# Carport Spaces
6
Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1892
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1884
Above Ground SqFt
4828
Below Grd Total SqFt
441
Total SqFt
5269
Foundation Size
1884
Style
(MF) Four Plex
Total Finished Sqft
4828.00
Garage Stalls
2
Lot Dimensions
58x124
Acres
0.17
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Assumable Loan: Not Assumable Basement: Partial; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Existing Financing: Conventional Exterior: Vinyl; Wood Fencing: Chain Link; Partial Foundation: Other Fuel: Natural Gas Heating: Baseboard; Forced Air Laundry: Common Area; Main Level Lock Box Type: Combo Owner Pays: Hot Water; Sewer; Trash Collection Parking Characteristics: Parking Lot; Paved Lot Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles; Pitched Sellers Terms: Cash; Contract for Deed; Conventional Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 2 Appliances: Range; Refrigerator Unit 2 Cooling: Window Unit 3 Appliances: Range; Refrigerator Unit 3 Cooling: Window Unit 4 Appliances: Range; Refrigerator Unit 4 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
790000
ListPrice
790000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2210
Street Name
Oakland
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55404
Complex/Dev/Subdivision
G N Merriams Add

Assessments

Tax With Assessments
14227.16
Assessment Balance
0

Building Information

Finished SqFt Above Ground
4828

More Information

Income and Expenses

Annual Gross Expenses
4000
Annual Gross Income
112800
Annual Insurance Expense
7400
Annual Trash Expense
700
Annual Water/Sewer Expense
4200
Total Annual Expenses
4000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
20x24
Garage Square Feet
480
Parking Lot
Yes
Paved Lot
Yes

Public Survey Info

Range#
24
Section#
35
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2027-02-28
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
22800
Finished SqFt
900
Full Baths
Yes
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
7

Unit 2

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
2
Annual Rent
22800
Finished SqFt
984
Full Baths
Yes
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit 3

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
3
Annual Rent
30000
Finished SqFt
1500
Full Baths
2
Monthly Rent
2500
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
9

Unit 4

Furnished?
No
Lease Expiration Date
2026-07-31
Leased?
Yes
Level
2nd Level
Unit Number
4
Annual Rent
32400
Finished SqFt
1500
Full Baths
2
Monthly Rent
2700
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
10

Unit Details

Total Units
4

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
BLOCK 003 G N MERRIAMS ADDN TO MPLS LOT 4 AND N 8 FT OF LOT 5
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
3707
Property ID Number
3502924220022
Tax Year
2026
Tax Amount
14227.16
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal. The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric. The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available. For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.
Directions
Between Portland and Park Ave off E22nd Street

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes

Assumable Loan

Not Assumable
Yes

Basement

Partial
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Existing Financing

Conventional
Yes

Exterior

Vinyl
Yes
Wood
Yes

Fencing

Chain Link
Yes
Partial
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Baseboard
Yes
Forced Air
Yes

Laundry

Common Area
Yes
Main Level
Yes

Lock Box Type

Combo
Yes

Owner Pays

Hot Water
Yes
Sewer
Yes
Trash Collection
Yes

Patio, Porch and Deck Features

Covered
Yes
Front Porch
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Asphalt Shingles
Yes
Pitched
Yes

Sellers Terms

Cash
Yes
Contract for Deed
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Ranges

Four
Yes
One Per Unit
Yes

No. of Refrigerators

Four
Yes
One Per Unit
Yes

Tenant Pays

Electricity
Yes
Gas
Yes

Unit 1 Appliances

Range
Yes
Refrigerator
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 2 Appliances

Range
Yes
Refrigerator
Yes

Unit 2 Cooling

Window
Yes

Unit 3 Appliances

Range
Yes
Refrigerator
Yes

Unit 3 Cooling

Window
Yes

Unit 4 Appliances

Range
Yes
Refrigerator
Yes

Unit 4 Cooling

Window
Yes
IDX
Listing Office: Pemberton RE
Last Updated: July - 09 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.