MN > Minneapolis > G N Merriams Add
Minneapolis, MN 55404,2110 Park AVE
Minneapolis, MN 55404,2110 Park AVE
Minneapolis, MN 55404,2110 Park AVE
Minneapolis, MN 55404,2110 Park AVE
Minneapolis, MN 55404,2110 Park AVE
Minneapolis, MN 55404,2110 Park AVE
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Dustin Dodge, ABR

Dustin Dodge, ABR

+1(715) 307-0546
$ 2,380,000
Est. payment | /mo

0.27 Acres Lot

Save
$ 2,380,000
Est. payment | /mo
Save

0.27 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision G N Merriams Add

MLS Listing ID 6823043

Year Built 1959

Annual Tax Amount $6,766

Tax Year 2026

Contingent None

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions 75 X 159.75

Property Sub-Type Apartment

Property Description

Well-maintained 22-unit multifamily property in a prime Minneapolis location, featuring 5 studios and 17 one-bedroom units. Several recent improvements include updated units, refreshed common hallways, and a new roof. The property has been accepted into the 4d Affordable Housing Incentive Program, resulting in a 78.8% reduction in property taxes beginning in 2026, significantly enhancing long-term cash flow. Strong rental demand due to its proximity to Downtown Minneapolis, major transit lines, hospitals, and employment centers. Excellent opportunity for investors seeking a stabilized asset with substantial operating savings and continued value-add potential.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Wall Unit(s)

Inclusions Building

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate

Present Use Residential

Building

Story Three Or More

Foundation 5100

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Three Or More

Structure Type Brick/Stone

Schools

School District Minneapolis

Listed by Victoria Yepez • National Realty Guild

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Dustin Dodge, ABR

Dustin Dodge, ABR

Vice President - Realtor | License ID: MN: 40695602 | WI: 90855-94

+1(715) 307-0546

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2110 Park AVE