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.
For sale by owner
Price increase: $23.7K (8/18)
$1,023,600
1714 2nd Ave S, Minneapolis, MN 55403
8beds
3,628sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$282/sqft
$-- HOA
Overview
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
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
| Date | Event | Price |
|---|---|---|
| 8/18/2026 | Price change | $1,023,600+2.4%$282/sqft |
Source: Owner Report a problem | ||
| 7/14/2026 | Listed for sale | $999,900$276/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/4/2019 | Listing removed | $910 |
Source: Owner Report a problem | ||
| 10/11/2019 | Listed for rent | $910-2.2% |
Source: Owner Report a problem | ||
| 9/5/2019 | Listing removed | $930 |
Source: Owner Report a problem | ||
| 9/3/2019 | Listed for rent | $930-0.5% |
Source: Owner Report a problem | ||
| 7/10/2019 | Listing removed | $935 |
Source: Owner Report a problem | ||
| 6/20/2019 | Listed for rent | $935+13.3% |
Source: Owner Report a problem | ||
| 3/13/2018 | Listing removed | $825 |
Source: Owner Report a problem | ||
| 2/21/2018 | Listed for rent | $825+3.8% |
Source: Owner Report a problem | ||
| 7/23/2017 | Listing removed | $795-1.9% |
Source: 1522 Lasalle Avenue S Report a problem | ||
| 7/6/2017 | Price change | $810-4.7% |
Source: Owner Report a problem | ||
| 6/5/2017 | Price change | $850+3% |
Source: Owner Report a problem | ||
| 5/1/2017 | Listed for rent | $825+1.9% |
Source: Owner Report a problem | ||
| 3/27/2017 | Listing removed | $810 |
Source: Owner Report a problem | ||
| 3/25/2017 | Listed for rent | $810 |
Source: Owner Report a problem | ||
| 2/8/2017 | Listing removed | $810 |
Source: Owner Report a problem | ||
| 2/6/2017 | Listed for rent | $810+8% |
Source: Owner Report a problem | ||
| 12/31/2016 | Listing removed | $750-7.4% |
Source: Owner Report a problem | ||
| 9/18/2016 | Listing removed | $810+5.2% |
Source: Owner Report a problem | ||
| 5/17/2016 | Listing removed | $770+6.9% |
Source: Owner Report a problem | ||
| 3/17/2016 | Listed for rent | $720 |
Source: Owner Report a problem | ||
| 11/16/2015 | Listing removed | $720 |
Source: Owner Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






