Recently Viewed Properties
See This Home
Save This Listing
Close

$415,000 Coming Soon

  • For Sale
  • Coming Soon
  • Townhouse
  • 6 Beds
  • 2 Total Baths
  • 2,849 Sq. Ft.
  • Updated 2 days ago
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 1518 Park Ave

General

  • Price: $415,000
  • Taxes: $4,971 (2025)
  • Status: Coming Soon
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7107968
  • Updated: 7/11/2026
  • Added to Site: 3 day(s) ago
  • Expected Market Date: 7/14/2026

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Parking

  • Carport Spaces: 2

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Elliot & Abbotts Add
  • Neighborhood: 24
  • Driving Directions: 35W North to E Grant Street, to E 16th St, West to Park Ave, North to 1518 Park Ave

School Information

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

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Other, Partial
  • Foundation Size: 1358
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 2,849
  • Above Ground: 2,401 Sq. Ft.
  • Below Ground: 449 Sq. Ft.
  • Finished Down/Base.: 2,850 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 26 x 128 x 26 x 128

Financial Considerations

  • Operating Expenses: $2,400
  • Tax Amount: $4,971
  • Tax Year: 2025
  • Owner Pays: Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Fuel, Gas, Heat
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 004 ELLIOT & ABBOTTS ADDN TO MPLS S 1/2
  • Property ID: 2602924320061

Listed by Sanyu LLC

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 1518 Park Ave —

  • Sanyu LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 1518 Park Ave

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-51.9 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-84 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-123 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 1518 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Listed
$415,000
7.79%
MLS
5/01/2023
Sold
$385,000
—
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 1518 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,844
-3%
$328,300
-6%
2025
$4,971
17%
$348,000
5%
2023
$4,233
-16%
$331,000
6%
2023
$5,023
—
$312,000
7%
2023
$5,023
15%
$292,000
18%
2020
$4,383
2%
$248,000
5%
2019
$4,283
8%
$236,000
9%
2018
$3,970
-2%
$216,500
—
2017
$4,056
-20%
$216,400
-18%
2016
$5,091
257%
$263,300
305%
2015
$1,426
-58%
$65,000
-58%
2014
$3,417
-1%
$156,500
—
2013
$3,437
—
$156,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1518 Park Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Sanyu LLC

Just Listed near 1518 Park Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1740 Pleasant St, Lauderdale, MN 55113 - Photo 1 Just Listed
$180,000

1740 Pleasant St  #B  Lauderdale, MN 55113

  • Single Family
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 945
    Sq. Ft.
Listed by Edina Realty, Inc.
1805 Fulham St, Lauderdale, MN 55113 - Photo 1 Just Listed
$209,900

1805 Fulham St  Lauderdale, MN 55113

  • Single Family
  • Active
  • Updated 2 hours ago
  • 3
    Beds
  • 1
    Total Bath
  • 1,075
    Sq. Ft.
Listed by EPIC Realty, Inc
2601 Kenzie Terrace, Saint Anthony, MN 55418 - Photo 1 Just Listed
$150,000

2601 Kenzie Terrace  #315  Saint Anthony, MN 55418

  • Condo
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,136
    Sq. Ft.
Listed by KeyGlee North Team (612) 453-2337 and Tyler Fuentes (763) 461-3333
3500 Belden Dr NE, Saint Anthony, MN 55418 - Photo 1 Just Listed
$599,900

3500 Belden Dr NE  Saint Anthony, MN 55418

  • Single Family
  • Active
  • Updated 3 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 3,424
    Sq. Ft.
Listed by Redfin Corporation

Price Reduced near 1518 Park Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1791 Lake St, Lauderdale, MN 55113 - Photo 1 Price Reduced
-$5,000 (-1.33%)
$370,000

1791 Lake St  Lauderdale, MN 55113

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,848
    Sq. Ft.
Listed by Edina Realty, Inc.
2601 Kenzie Terrace, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$4,550 (-2.85%)
$154,950

2601 Kenzie Terrace  #429  Saint Anthony, MN 55418

  • Condo
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,107
    Sq. Ft.
Listed by Kathy Daniels (612) 202-9530
3101 Armour Terrace, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$10,000 (-1.92%)
$509,900

3101 Armour Terrace  Saint Anthony, MN 55418

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,337
    Sq. Ft.
Listed by Keystone Realty MN
3301 Edgemere Ave, Saint Anthony, MN 55418 - Photo 1 Price Reduced
-$15,000 (-3.33%)
$435,000

3301 Edgemere Ave  Saint Anthony, MN 55418

  • Single Family
  • Active
  • Updated 5 days ago
  • 5
    Beds
  • 3
    Total Baths
  • 2,697
    Sq. Ft.
Listed by Edina Realty, Inc.

Recent Sales near 1518 Park Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

500 E Grant St, Minneapolis, MN 55404 - Photo 1 Sold
$385,000

500 E Grant St  #1102  Minneapolis, MN 55404

  • Condo
  • Closed
  • Updated 11 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,471
    Sq. Ft.
Listed by Drg
Sold by Drg
500 E Grant St, Minneapolis, MN 55404 - Photo 1 Sold
$375,000

500 E Grant St  #1402  Minneapolis, MN 55404

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,393
    Sq. Ft.
Listed by Redfin Corporation
Sold by Drive Results Realty
740 Portland Ave, Minneapolis, MN 55415 - Photo 1 Sold
$380,000

740 Portland Ave  #906  Minneapolis, MN 55415

  • Condo
  • Closed
  • Updated 7 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,176
    Sq. Ft.
Listed by Pemberton RE
Sold by RE/MAX Results
740 Portland Ave, Minneapolis, MN 55415 - Photo 1 Sold
$375,000

740 Portland Ave  #710  Minneapolis, MN 55415

  • Condo
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,268
    Sq. Ft.
Listed by Drg
Sold by Keller Williams Realty Integrity Lakes

1518 Park Avenue, Minneapolis, MN 55404 (MLS# 7107968) is a Townhouse property with 6 bedrooms and 0 full bathrooms. 1518 Park Avenue is currently listed for $415,000 and was received on July 10, 2026. Want to learn more about 1518 Park Avenue? Do you have questions about finding other Townhouse real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

Tour this property