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2719 Park Ave 21 Unit Apartment Building For Sale Minneapolis, MN 55407

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Investment Highlights

Stabilized 21-Unit Community – 100% occupied with dependable in-place cash flow.
4D Tax Classification Potential – Opportunity for meaningful property tax savings.
On-Site Laundry, Parking, Garages, Large front yard

RUBS Program in Place – Utility reimbursement supports stronger operating margins.
Well-Maintained Interiors – Excellent unit condition
Adjacent to Abbott Northwestern Hospital, the Allina Health campus, and Children's Minnesota

Executive Summary

Visit Listing Homepage Here: https://2719parkave.sharplaunch.com/
2719 Park is a fully stabilized classic multifamily apartment community consisting of 21 units, including twenty 1-bedroom units and one 2-bedroom unit. Ideally located within Minneapolis' premier healthcare corridor, the property is adjacent to Abbott Northwestern Hospital, the Allina Health campus, and Children's Minnesota, providing long-term demand from one of the Twin Cities' largest employment centers.
The property is 100% occupied and features a RUBS (Ratio Utility Billing System) program already in place, on-site laundry, and well-maintained unit interiors. Additional value-add potential exists through 4D tax classification, which may provide meaningful property tax savings.
For more info and to schedule a property tour please reach out to Rocco Curella - (651) 398-0291

Property Facts

Sale Type	Investment	Building Size	17,460 SF
No. Units	21	Average Occupancy	100%
Property Type	Multifamily	No. Stories	4
Property Subtype	Apartment	Year Built	1931
Apartment Style	Mid-Rise	Parking Ratio	0.17/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.43 AC
Zoning	OR2

Sale Type	Investment
No. Units	21
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid-Rise
Building Class	C
Lot Size	0.43 AC
Building Size	17,460 SF
Average Occupancy	100%
No. Stories	4
Year Built	1931
Parking Ratio	0.17/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	OR2