1518 Park Avenue, Minneapolis, MN 55404

$415,000
6
BD
2
BA
2,849
SqFt
Add to Favorites Request Information Schedule Showing New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

View on Map Request Info Add to Favorites Schedule Showing
List Price
$415,000
MLS#
7107968
Status
ACTIVE
Type
Multifamily
Style
(MF) Other
Bedrooms
6
Bathrooms
2
Living Area
2,849
Acres
0.08
Subdivision
Elliot & Abbotts Add
Neighborhood
24
Year Built
1900
Contact Us Call Us View on Map New Search

(612) 433-4555

Property Description

Welcome to 1518 Park Ave, a turnkey investment opportunity with strong rental income potential. This duplex features two spacious two-story units, each offering 3 bedrooms and 1 bathroom, ideal for maximizing rental revenue. Both units include kitchens and baths, in-unit laundry, central AC, and off-street parking amenities that support higher rents and tenant retention. Major updates reduce near-term expenses, including a new roof (2023) with a 5-year workmanship warranty, new furnace in Unit 1 (Feb 2024), and newer water heaters (2024 & 2025). With strong rental comps, this property offers solid cash flow and cap rate potential. Located near downtown Minneapolis, U.S. Bank Stadium, HCMC, and the Convention Center, with easy access to transit, I-94, and 35W, ensuring consistent tenant demand.

(612) 433-4555
Contact Us
Schedule Showing
Search All Properties

Additional Information

School District
Minneapolis
Tax Year
2025
Fuel
Electric, Natural Gas
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less
Heating
Forced Air
Water
City Water/Connected
Basement
Other, Partial
Request Info Schedule Showing Add to Favorites
Add to Favorites Request Information Schedule Showing New Search

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Sanyu LLC.

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. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.