Listed By
Agency Name: Sanyu LLC
Agency Phone: 651-334-4806
Shown By
Agent Name: Jean Menge
Agent Phone: (763) 360-4545
Agency Title: Counselor Realty
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.
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Estimated Payment
$ 2,744.10 per month $2,208.80 Principal & Interest $414.25 Property Tax $121.04 Homeowner's InsuranceThank you for your inquiry! As a thank you, we have a Special Mortgage Offer for You.
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1518 Park Avenue | MLS# 7107968
This multi-family property located at 1518 Park Avenue, Minneapolis, MN 55404 is currently listed for sale with an asking price of $415,000. Park Avenue is located within the Minneapolis school district. Search Minneapolis real estate on jmenge.counselorrealty.com today.