Home for Sale in Minneapolis
1518 Park Avenue
Minneapolis, MN 55404
Property Details
No. of Units
2
Year Built
1900
Square Feet
2,850
Acres
0.08
2025 Property Taxes
$4,971
School District
Minneapolis
County
Hennepin
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.
35W North to E Grant Street, to E 16th St, West to Park Ave, North to 1518 Park Ave
Unit Information
Unit 1
Unit 2
Features
Heating
Forced Air
Sewer
City Sewer/Connected
Water
Public
Lot Size
26x128x26x128
Foundation
Slab
Additional Info
Listed By
Victor Lukandwa of Sanyu LLC
Listed
07/10/26 and last updated 07/14/26
Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
