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$449,900

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 5 Total Beds
  • 2 Car Garage
  • Updated 10 days ago
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Great opportunity to own a well positioned fourplex in South Minneapolis with several recent exterior improvements already completed. The property features new window sashes, a newer roof, and a freshly redone stucco exterior, providing an updated appearance while addressing important long-term maintenance items. The boiler was also just replaced in 2023 alleviating several major concerns for the new owner. The four-unit property offers multiple income-producing units, with one unit currently vacant, providing flexibility for an owner-occupant, immediate leasing opportunity, or the ability to make updates and boost rent before placing a new tenant. Conveniently located in South Minneapolis near neighborhood amenities, parks, shopping, dining, and transportation. A solid opportunity for investors looking to add a multifamily property with recent exterior improvements to their portfolio.

Full Property Details for 2015 2nd Ave S

General

  • Price: $449,900
  • Taxes: $8,204 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7151633
  • Updated: 10/2/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement, Common Area, In Basement, Common Area

Additional Information

  • Shared Amenities: Laundry, Coin-op Laundry Owned, Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Asphalt

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Remingtons Add
  • Neighborhood: 84
  • Driving Directions: E. Franklin Ave to South on 2nd Ave 2015 will be on East side of street

School Information

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

Heating & Cooling

  • Heating Type: Boiler, Steam
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1125
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 2,390
  • Above Ground: 3,390 Sq. Ft.
  • Below Ground: 1,125 Sq. Ft.
  • Finished Down/Base.: 4,515 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50 x 127
  • Fencing (Description): Chain Link

Financial Considerations

  • Operating Expenses: $15,389
  • Tax Amount: $8,204
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Electricity, Fuel, Sewer, Trash Collection, Water
  • Pays Electric: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 019 BLOCK 001 REMINGTONS ADDN TO MPLS
  • Property ID: 3402924120013

Listed by IQ Realty

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— 2015 2nd Ave S —

  • IQ Realty

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Schools serving 2015 2nd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Whittier International
315 West 26th St, Minneapolis, MN 55404
PK-50.7 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.9 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.8 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 2015 2nd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/01/2026
Listed
$449,900
160.81%
MLS
10/31/2001
Sold
$172,500
—
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 2015 2nd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,204
4%
$432,000
—
2025
$7,878
4%
$432,000
-9%
2023
$7,566
7%
$473,000
8%
2023
$7,084
—
$440,000
5%
2023
$7,084
-2%
$419,500
3%
2020
$7,203
1%
$407,500
5%
2019
$7,129
12%
$388,000
13%
2018
$6,387
1%
$343,500
3%
2017
$6,341
—
$333,500
5%
2016
$6,346
9%
$317,500
15%
2015
$5,810
8%
$276,000
15%
2014
$5,361
-1%
$240,000
—
2013
$5,392
—
$240,000
—
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.

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2015 2nd Avenue S, Minneapolis, MN 55404 (MLS# 7151633) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 2015 2nd Avenue S is currently listed for $449,900 and was received on October 01, 2026. Want to learn more about 2015 2nd Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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