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$1,300,000 Coming Soon

  • For Sale
  • Coming Soon
  • Commercial
  • 10,020 Sq. Ft.
  • 0.25 Acres
  • Updated 1 day ago
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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.

Full Property Details for 1500 10th Ave S

General

  • Price: $1,300,000
  • Taxes: $23,343 (2025)
  • Status: Coming Soon
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7090913
  • Updated: 6/13/2026
  • Added to Site: 3 day(s) ago
  • Expected Market Date: 6/18/2026

Rooms

Bathrooms

  • Total Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Parking

  • Parking Features: Parking Lot, Paved Lot

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: J S & W Elliots Add
  • Neighborhood: 24
  • Driving Directions: I-35W to E 11th St, east to Park Ave, south to E 15th St, east to 10th Ave S. Property on right.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Baseboard, Boiler
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Foundation Size: 3340
  • Disability Access: None
  • Square Feet: 10,020
  • Finished Down/Base.: 10,020 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1968

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 75.10 x 145.00
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $12,880
  • Tax Amount: $23,343
  • Tax Year: 2025
  • Owner Pays: Gas, Repairs, Trash Collection, Water
  • Tenant Pays: Escalation
  • Pays Gas: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 017 BLOCK 011 J S & W ELLIOTS ADDN TO MPLS
  • Inclusions: Building, Land
  • Property ID: 2602924310065

Listed by HomeSmart Sapphire Realty

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— 1500 10th Ave S —

  • HomeSmart Sapphire Realty

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1500 10th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-51.8 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-83.9 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 10th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2026
Listed
$1,300,000
-5.8%
MLS
9/20/2023
Sold
$1,380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1500 10th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,235
18%
$1,280,000
-10%
2023
$23,007
8715%
$1,422,000
100%
2023
$261
—
100%
2020
$261
—
100%
2019
$261
—
100%
2018
$261
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by HomeSmart Sapphire Realty

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1500 10th Avenue S, Minneapolis, MN 55404 (MLS# 7090913) is a Commercial property. 1500 10th Avenue S is currently listed for $1,300,000 and was received on June 13, 2026. Want to learn more about 1500 10th Avenue S? Do you have questions about finding other Commercial real estate for sale in Elliot Park? You can browse all Elliot Park real estate or contact a Coldwell Banker agent to request more information.

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