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For sale by owner
  • Price increase: $23.7K (8/18)
    $1,023,600

    1714 2nd Ave S, Minneapolis, MN 55403

    8beds
    3,628sqft
    : 
    $6,852/mo
    Get pre-qualified
    Apartment
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $282/sqft
    $-- HOA

    Overview

    Eight-unit apartment building in the Stevens Square neighborhood with stable occupancy and strong cash flow. A rare opportunity to assume an existing 4% interest-only Contract for Deed, providing financing terms that are difficult to obtain in today's market. The property currently generates approximately $3,000 per month in cash flow and offers additional upside through future rent growth and continued professional management. Conveniently located near downtown Minneapolis, public transit, major employers, restaurants, and parks. An excellent opportunity for an investor seeking immediate income with favorable long-term financing. Existing 4% interest-only Contract for Deed available for assumption. Approximately $125,000 down, plus closing costs, required. Current financing balance is approximately $873,600. Current rent roll and financials available to qualified buyers. Tenants pay their own electricity.
    What the owner loves about this home
    What I love most about this property is the combination of strong monthly cash flow and exceptionally attractive financing. The existing 4% interest-only Contract for Deed is difficult to replicate in today's market and provides immediate income with long-term flexibility. The location near downtown Minneapolis and tenant-paid electricity make it an efficient investment with continued upside potential.
    100 days
    351
    11
    Listed by:

    Property Owner (802) 379-9857

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 8
      • Full bathrooms: 8
      Heating
      • Forced air
      Cooling
      • Wall
      Appliances
      • Included: Range / Oven, Refrigerator
      Features
      • Flooring: Hardwood
      • Basement: Basement (not specified)
      Interior area
      • Total interior livable area: 3,628 sqft

      Property

      Parking
      • Total spaces: 10
      • Parking features: Off-street
      Lot
      • Size: 6,534 Square Feet

      Construction

      Type & style
      • Home type: Apartment
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1920

      Community & HOA

      Community
      • Features: On Site Laundry Available
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $282/sqft
      • Date on market: 7/14/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/18/2026Price change$1,023,600+2.4%$282/sqft
        Source: Owner Report a problem
        7/14/2026Listed for sale$999,900$276/sqft
        Source: Owner Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/4/2019Listing removed$910
        Source: Owner Report a problem
        10/11/2019Listed for rent$910-2.2%
        Source: Owner Report a problem
        9/5/2019Listing removed$930
        Source: Owner Report a problem
        9/3/2019Listed for rent$930-0.5%
        Source: Owner Report a problem
        7/10/2019Listing removed$935
        Source: Owner Report a problem
        6/20/2019Listed for rent$935+13.3%
        Source: Owner Report a problem
        3/13/2018Listing removed$825
        Source: Owner Report a problem
        2/21/2018Listed for rent$825+3.8%
        Source: Owner Report a problem
        7/23/2017Listing removed$795-1.9%
        Source: 1522 Lasalle Avenue S Report a problem
        7/6/2017Price change$810-4.7%
        Source: Owner Report a problem
        6/5/2017Price change$850+3%
        Source: Owner Report a problem
        5/1/2017Listed for rent$825+1.9%
        Source: Owner Report a problem
        3/27/2017Listing removed$810
        Source: Owner Report a problem
        3/25/2017Listed for rent$810
        Source: Owner Report a problem
        2/8/2017Listing removed$810
        Source: Owner Report a problem
        2/6/2017Listed for rent$810+8%
        Source: Owner Report a problem
        12/31/2016Listing removed$750-7.4%
        Source: Owner Report a problem
        9/18/2016Listing removed$810+5.2%
        Source: Owner Report a problem
        5/17/2016Listing removed$770+6.9%
        Source: Owner Report a problem
        3/17/2016Listed for rent$720
        Source: Owner Report a problem
        11/16/2015Listing removed$720
        Source: Owner Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Stevens Square

        Getting around

        89 / 100
        Very Walkable
        76 / 100
        Excellent Transit

        Nearby schools

        GreatSchools rating

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