1500 10th Avenue SMinneapolis, MN 55404
$1.3 million
1 bedrooms · 1 bathrooms · 10,020 finished sq ft · 0.25 acre lot
About this home
Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area. Current rents are below market, offering significant upside potential for the next owner. A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1968
- Bedrooms
- 1
- Bathrooms
- 1
- Finished sq ft
- 10,020
- Lot
- 0.25 acres
- Heating
- Electric, Natural Gas, Baseboard
- Property taxes
- $23,343 a year
- Listed
- June 13, 2026
- MLS number
- 7090913
Listing courtesy of HomeSmart Sapphire Realty (Luis Paucar). MLS #7090913.
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How it compares
1500 10th Avenue S, Minneapolis, MN 55404 is a 1-bedroom single-family home built in 1968 in Elliot Park, listed for $1.3 million on June 13, 2026 by HomeSmart Sapphire Realty. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $130 per square foot here against $207 for the group). That works out to $130 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Elliot Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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