1810 Portland Ave

1810 Portland Ave, Minneapolis, MN 55404

MULTIFAMILY For Sale

Year Built: 1963

Floors: 2

Available Spaces

Space	Size	Type	Pricing
11-Unit Multi-Family Investment Opportunity		SALE	Contact for pricing

Contact

James Faillettaz - KW Commercial Premier - St Paul

PHONE: 6123239332

Description

Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property has been meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.