About This Home

This 1-bedroom, 1-bathroom commercial at 1500 10th Avenue S in Minneapolis, MN is listed for $1,300,000. Built in 1968, on a 0.25 acres lot.

Key Features

  • Built in 1968
  • 0.25 acre lot

Property Details

1 full
1968
Listing Description

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.

Monthly Cost Estimate

$6,953/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379

Estimates only. Actual payments may vary.

Location

1500 10th Avenue S

Minneapolis, MN 55404

J S & W Elliots Add

Property Details

Parking

Parking Lot

Heating

OilBaseboard

Questions & Answers

This 1-bedroom, 1-bathroom commercial at 1500 10th Avenue S is listed at $1,300,000. The estimated monthly payment is $6,953 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1968, 0.25 acre lot.

This property is listed by Luis Paucar.

LP

Luis Paucar

Agent at JCB Associates Inc.

Listed by JCB Associates Inc. · Broker phone: (612) 590-6672 · Broker website

MLS# 7090913· Source: Northstar MLS· 136 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1500 10th Avenue S, Minneapolis, MN 55404

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