$699,900
2110 1st S Avenue
Minneapolis, MN, 55404
Beautiful Grand Victorian boarding house with active rental license. 18 single rooms which include an owner’s suite with 2 bedrooms. Currently there are only 5 units rented at $500 per month. Market rate should be closer to $600 per room on average. 17 rooms are allowed to be rented although the current license has approval for 16. There is an opportunity to generate $10,200 per month at market rent. There is a steady demand for units and the property is being underutilized. Owners’ suite is spacious and has a full kitchen and private bathroom. Possible for an ADU in the basement and above the garage. Many bathrooms have been capped. There is currently one bathroom per floor that is operational. There are a total of 13 bathrooms. Large parking lot can accommodate up to 15 cars. There is a spacious 3 car garage on site and additional carriage house. New roof installed in 2021. Exterior painted in 2021. The property is priced well below assessed value of $937,000 setting you up for a large reduction in property taxes! This a perfect opportunity for a live in handyman to repair and remodel the property and have the mortgage covered. Lots of unique opportunities for investors or other organizations to cash flow this iconic property!
Listing Provided Courtesy of Coldwell Banker Realty – Southwest Regional
Property Details
Price:
$699,900
MLS #:
NST7085297
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
The Neighborhood Blk
Neighborhood:
whittier
Listed Date:
May 29, 2026
Lot Size:
16,117 sqft / 0.37 acres (approx)
Year Built:
1913
Schools
School District:
Minneapolis
Interior
Appliances
Dishwasher, Gas Water Heater, Range, Refrigerator, Wall Oven
Cooling
None
Flooring
Carpet, Wood
Heating
Boiler
Levels
Three Or More
Exterior
Accessibility Features
None
Construction Materials
Brick
Exterior Features
Stone
Garage Spaces
2
Parking Features
Detached Garage
Roof
Age 8 Years or Less
Window Features
Double Pane Windows
Financial
Tax Year
2026
Taxes
$16,040
Map
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2110 1st S Avenue
Minneapolis, MN





