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2621 2nd Avenue S, Minneapolis, MN 55408

New Listing

$550,000

All brick, newer roof, soffits and windows

Shared coin operated laundry - lower level

Separate boilers and hot water heaters each unit

Large paved parking lot - plenty of parking for tenants!

Property Type: Multi-Family Bedrooms: 12 Baths: 4 Square Footage: 6,414 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $550,000 List Date: 6/20/2026 Last Modified: 6/21/2026

Overview

Description

Solid well maintainted all brick 4 plex in Whittier neighborhood. Newer windows/roof/soffits - all brick building - separate boilers/hot water and electric meters for each unit in full - unfinished basement. Extra large paved parking lot for up to 8 cars. Opportunity to expand investor portfolio - solid building with room to enhance and update units to command higher rents. One unit will be available in August for potential owner occupied. 24 hour notice REQUIRED - Lot and COMMON AREAS ONLY FOR FIRST SHOWING.

Listing Details MLS# 7052878

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1914
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2250
Above Ground SqFt: 4500
Below Grd Total SqFt: 1914
Total SqFt: 6414
Foundation Size: 1914
Style: (MF) Four Plex
Total Finished Sqft: 3836.00
Power Company: Xcel Energy
Lot Dimensions: 47 x 128
Acres: 0.14
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Assumable Loan: Not Assumable Basement: Full; Shared Access; Storage Space; Storage/Locker; Unfinished Construction Materials: Brick Construction Status: Previously Owned Existing Financing: Conventional Exterior: Brick/Stone Foundation: Stone Fuel: Natural Gas Heating: Boiler Laundry: Common Area; In Basement; Lower Level Lock Box Type: Supra Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; Maintenance/Repair; Management Parking Characteristics: Parking Lot; Paved Lot Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Flat Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities; Electricity; Hot Water Unit 1 Amenities: Sun Room Unit 1 Appliances: Freezer; Microwave; Range; Refrigerator Unit 2 Amenities: Sun Room Unit 2 Appliances: Freezer; Microwave; Range; Refrigerator Unit 3 Amenities: Sun Room Unit 3 Appliances: Freezer; Microwave; Range; Refrigerator Unit 4 Amenities: Sun Room Unit 4 Appliances: Freezer; Microwave; Range; Refrigerator Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 550000
ListPrice: 550000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2621
Street Name: 2nd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55408
Complex/Dev/Subdivision: Nasons Sub Of Lts Corsons Add

Assessments

Tax With Assessments: 12384
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3836

More Information

Income and Expenses

Annual Caretaker Expense: Yes
Annual Electric Expense: Yes
Annual Fuel Expense: Yes
Annual Gross Expenses: Yes
Annual Gross Income: Yes
Annual Insurance Expense: Yes
Annual Maintenance Expense: Yes
Annual Repair Expense: Yes
Annual Trash Expense: Yes
Annual Water/Sewer Expense: Yes
Total Annual Expenses: Yes

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 34
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2026-08-01
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: Yes
Finished SqFt: 1100
Full Baths: Yes
Monthly Expense: Yes
Monthly Rent: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 2

Furnished?: No
Lease Expiration Date: 2027-03-01
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 11940
Finished SqFt: 1100
Full Baths: Yes
Monthly Expense: Yes
Monthly Rent: 995
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 3

Furnished?: No
Lease Expiration Date: 2026-08-01
Leased?: Yes
Level: Main Level
Unit Number: 3
Annual Rent: 12600
Finished SqFt: 1100
Full Baths: Yes
Monthly Expense: Yes
Monthly Rent: 1050
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 4

Furnished?: No
Lease Expiration Date: 2026-08-01
Leased?: Yes
Level: Main Level
Unit Number: 4
Annual Rent: 13140
Finished SqFt: 1100
Full Baths: Yes
Monthly Expense: Yes
Monthly Rent: 1095
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 004 BLOCK 001 NASONS SUBD OF LOTS CORSONS ADDN
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1538
Property ID Number: 3402924420233
Tax Year: 2025
Tax Amount: 12384
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Solid well maintainted all brick 4 plex in Whittier neighborhood. Newer windows/roof/soffits - all brick building - separate boilers/hot water and electric meters for each unit in full - unfinished basement. Extra large paved parking lot for up to 8 cars. Opportunity to expand investor portfolio - solid building with room to enhance and update units to command higher rents. One unit will be available in August for potential owner occupied. 24 hour notice REQUIRED - Lot and COMMON AREAS ONLY FOR FIRST SHOWING.
Directions: Nicollet to 27th to 2nd Ave. South.

Accessible

None: Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes
Shared Access: Yes
Storage Space: Yes
Storage/Locker: Yes
Unfinished: Yes

Construction Materials

Brick: Yes

Construction Status

Previously Owned: Yes

Existing Financing

Conventional: Yes

Exterior

Brick/Stone: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Common Area: Yes
In Basement: Yes
Lower Level: Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
Maintenance/Repair: Yes
Management: Yes

Parking Characteristics

Parking Lot: Yes
Paved Lot: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Flat: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

All Utilities: Yes
Electricity: Yes
Hot Water: Yes

Unit 1 Amenities

Sun Room: Yes

Unit 1 Appliances

Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Amenities

Sun Room: Yes

Unit 2 Appliances

Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Amenities

Sun Room: Yes

Unit 3 Appliances

Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Amenities

Sun Room: Yes

Unit 4 Appliances

Freezer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Documents

2621_2nd_avenue_south_Floor_Apt3.pdf ›

Listing Office: Coldwell Banker Realty

Last Updated: June - 21 - 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.