Home for Sale in Minneapolis
1518 Park Avenue
Minneapolis, MN 55404

Price
$415,000

MLS #
7107968

Status
Active


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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


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

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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.

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