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$575,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 0.09 Acres
  • Updated 3 days ago
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Five-unit apartment building next to the hospital in South Minneapolis! This property currently has one vacancy but once fully filled should generate $6,465/month in rent. Two of the units are two bedroom units, renting for $1,495 and $1,450. Three are one bedroom units renting for (vacant), $1,150 and $1,270. Tenants pay their own electric (heat is all electric). Old boiler in basement is disconnected.

Full Property Details for 2447 11th Ave S

General

  • Price: $575,000
  • Taxes: $8,243 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7104766
  • Updated: 7/8/2026
  • Added to Site: 5 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 7

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Cole & Weeks Rgt Brackett & Bovey
  • Neighborhood: 54
  • Driving Directions: North on Chicago Ave, past Childrens MN, Left on E 25th St. Left on 11th Ave. S

School Information

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

Heating & Cooling

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

Utilities

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

Structural Information

  • Basement: Yes
  • Foundation Size: 1541
  • Roof: Asphalt, Flat, Pitched
  • Disability Access: None
  • Current Bldg. Use: Residential
  • Year Built: 1884

Unit Information

  • Units w/Refrigerators: 5

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 29 x 127
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $8,243
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Gas, Repairs, Snow Removal, Trash Collection, Water
  • Tenant Pays: Electricity, Heat
  • Pays Electric: Tenant Pays
  • Pays Gas: Owner Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 011 BLOCK 008 COLE & WEEKS RGT BRACKETT & BOVEY
  • Inclusions: Building
  • Property ID: 3502924240064

Listed by Financially Free, LLC

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— 2447 11th Ave S —

  • Financially Free, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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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 2447 11th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.3 mi
Folwell Arts Magnet
3611 20th Avenue South, Minneapolis, MN 55407
PK-51.6 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.1 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 2447 11th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/07/2026
Listed
$575,000
47.44%
MLS
11/23/2021
Sold
$390,000
—
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 2447 11th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,040
10%
$476,000
5%
2025
$8,243
11%
$452,000
-3%
2023
$7,454
1%
$466,000
2%
2023
$7,362
—
$457,300
19%
2023
$7,362
14%
$384,500
5%
2020
$6,469
9%
$366,000
12%
2019
$5,936
21%
$327,000
22%
2018
$4,914
8%
$268,000
10%
2017
$4,555
—
$243,000
3%
2016
$4,545
17%
$235,000
22%
2015
$3,896
-7%
$192,000
—
2014
$4,193
-11%
$192,000
-10%
2013
$4,689
—
$213,500
—
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.

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Listed by Financially Free, LLC

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2447 11th Avenue S, Minneapolis, MN 55404 (MLS# 7104766) is a Commercial property. 2447 11th Avenue S is currently listed for $575,000 and was received on July 07, 2026. Want to learn more about 2447 11th Avenue S? Do you have questions about finding other Commercial 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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