For Sale
$2,850,000

2637 Pleasant AveMinneapolis, MN 55408

Whittier Park, renovated apartments, high ROI.

Overview

Added:
Feb 3
Days on market:
65
This exceptional 21-unit multifamily property, located at 2637 Pleasant Avenue in Minneapolis, Minnesota's desirable Whittier Park neighborhood, presents a compelling investment opportunity. The building, constructed in 1966, boasts an attractive all-brick and stucco exterior and sits on a 0.32-acre lot. The spacious 19,200 square foot building offers a diverse unit mix including two 2-bedroom units, fifteen 1-bedroom units, and four studio units. A significant portion of the apartments have undergone recent renovations, featuring updated kitchens and bathrooms, modern LVP flooring, stylish lighting fixtures, and new appliance packages. Further enhancing energy efficiency and value, the property includes newer double-pane vinyl replacement windows, two energy-efficient hot water boilers, and recently installed coin-operated laundry machines. Its prime location offers convenient access to the Minneapolis College of Art & Design (MCAD), the Minneapolis Institute of Arts museum, and the vibrant downtown area, ensuring strong rental demand and potential for future appreciation. This well-maintained property is priced at $2,850,000 and represents a rare opportunity to acquire a profitable multifamily asset in a highly sought-after Minneapolis location.

Property Details for 2637 Pleasant Ave

Property type
Apartment buildings
Square Feet
19,200 SF
Year Built
1966
Lot Size (sq. ft)
13,939 SF

Location Insight

City
Minneapolis
County
Hennepin
State
Minnesota
Latitude
44.95425
Longitude
-93.28256
2637 Pleasant Ave, Minneapolis, Minnesota

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2637 Pleasant Ave
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