Skip To Content

2221 15th Avenue S

Minneapolis, MN 55404
  • $525,000
  • STATUS: Active
  • ON SITE: 324 Days
  • ID#: 6476000
UPDATED: 19 min ago
$525,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,206
    SQFT
  • $85
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1911
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of RE/MAX Results.

Description

Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2400/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.

Monthly Payment Calculator



IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-01-19T21:21:47.097.

Click here for Digital Millennium Copyright Act
www.searchbrainerdlakeshomes.com/homes/148145635
Print Image

2221 15th Avenue S Minneapolis, MN 55404

  • Price: $525,000
  • Status: Active
  • On Site: 324 Days
  • Updated: 19 min ago
  • ID#: 6476000
0
Beds
0
Baths
0
½ Baths
0.17
Acres
6,206
SQFT
$85
$/SQFT
1911
Built
Neighborhood:
Eliots Add
County:
Hennepin
Area:
Ventura Village
School District:
1 - Minneapolis
Property Description
Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2400/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.
Exterior Features

Construction Materials Brick/Stone Foundation Area 3103 Levels Two Lot Features Public Transit (w/in 6 blks)Corner Lot Lot Size Dimensions 56x134 Parking Features DetachedConcreteOther Parking Open 4 Road Frontage Type City Street Roof FlatPitchedTar/Gravel

Interior Features

Basement Full Cooling Central Air Heating Forced Air Refrigerator Num Two

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use CommercialResidential Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Gross Income 52200 Inclusions BuildingLandLeases Insurance Expense 6300 Land Lease YN No Lender Owned No Net Operating Income 41682 Owner Pays InsuranceGrounds CareRepairsTaxes Postal City Minneapolis Potential Short Sale No Property Sub Type Mixed UseBusiness Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 6688 Tax With Assessments 8484.0000 Tax Year 2023 Tenant Pays ElectricityGas Utilities Electric SeparateHeating SeparateHot Water Separate Water Sewer Expense 1200 Water Source City Water/Connected Zoning Description Business/CommercialResidential-Multi-Family

NorthstarMLS] logo © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of RE/MAX Results: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Pietig Properties Group | RE/MAX Advantage Plus are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pietig Properties Group | RE/MAX Advantage Plus is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pietig Properties Group | RE/MAX Advantage Plus, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2025-01-19T21:21:47.097.

Click here for Digital Millennium Copyright Act
 
https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_1_6476000-2.jpg https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_1_6476000-2.jpg https://bt-photos.global.ssl.fastly.net/northstar/1280_boomver_1_6476000-2.jpg
Logo
The Pietig Properties Group | RE/MAX Advantage Plus
270 Elm Street E.
Annandale MN, 55302
NorthstarMLS] logo Listing courtesy of RE/MAX Results.