MLS# 7049047 - 3033 15th Avenue S Minneapolis, MN 55407 - VAL(company name)

MLS# 7049047 - 3033 15th Avenue S Minneapolis, MN 55407

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Well-maintained 8-unit apartment building offering consistent in-place income and long-term ownership stability. Fully occupied with a mix of one-bedroom and studio units, generating over $100,000 / year in rental income. This property is enrolled in the Minneapolis 4D Affordable Housing Program, providing a significant property tax reduction and enhancing overall cash flow — an attractive feature for investors seeking reliable returns. Recent ownership has focused on maintaining a clean, functional property with stable tenancy, making this a true turnkey opportunity. Building features include coin-operated laundry, separate electric, and practical unit layouts that support consistent occupancy. Additional upside potential exists through continued rent optimization and operational efficiencies. Also available is the adjacent lot at 3037 15th Ave S, offering potential for future development, expanded amenities, or added income (buyer to verify). Ideal for investors seeking: Strong day-one cash flow, tax-advantaged ownership and a stabilized asset with operational upside. Consider purchasing the vacant lot that is available next door.

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Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/4/2026 11:59:00 AM.

Well-maintained 8-unit apartment building offering consistent in-place income and long-term ownership stability. Fully occupied with a mix of one-bedroom and studio units, generating over $100,000 / year in rental income. This property is enrolled in the Minneapolis 4D Affordable Housing Program, providing a significant property tax reduction and enhancing overall cash flow — an attractive feature for investors seeking reliable returns. Recent ownership has focused on maintaining a clean, functional property with stable tenancy, making this a true turnkey opportunity. Building features include coin-operated laundry, separate electric, and practical unit layouts that support consistent occupancy. Additional upside potential exists through continued rent optimization and operational efficiencies. Also available is the adjacent lot at 3037 15th Ave S, offering potential for future development, expanded amenities, or added income (buyer to verify). Ideal for investors seeking: Strong day-one cash flow, tax-advantaged ownership and a stabilized asset with operational upside. Consider purchasing the vacant lot that is available next door.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/4/2026 11:59:00 AM.

Well-maintained 8-unit apartment building offering consistent in-place income and long-term ownership stability. Fully occupied with a mix of one-bedroom and studio units, generating over $100,000 / year in rental income. This property is enrolled in the Minneapolis 4D Affordable Housing Program, providing a significant property tax reduction and enhancing overall cash flow — an attractive feature for investors seeking reliable returns. Recent ownership has focused on maintaining a clean, functional property with stable tenancy, making this a true turnkey opportunity. Building features include coin-operated laundry, separate electric, and practical unit layouts that support consistent occupancy. Additional upside potential exists through continued rent optimization and operational efficiencies. Also available is the adjacent lot at 3037 15th Ave S, offering potential for future development, expanded amenities, or added income (buyer to verify). Ideal for investors seeking: Strong day-one cash flow, tax-advantaged ownership and a stabilized asset with operational upside. Consider purchasing the vacant lot that is available next door.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/4/2026 11:59:00 AM.

Well-maintained 8-unit apartment building offering consistent in-place income and long-term ownership stability. Fully occupied with a mix of one-bedroom and studio units, generating over $100,000 / year in rental income. This property is enrolled in the Minneapolis 4D Affordable Housing Program, providing a significant property tax reduction and enhancing overall cash flow — an attractive feature for investors seeking reliable returns. Recent ownership has focused on maintaining a clean, functional property with stable tenancy, making this a true turnkey opportunity. Building features include coin-operated laundry, separate electric, and practical unit layouts that support consistent occupancy. Additional upside potential exists through continued rent optimization and operational efficiencies. Also available is the adjacent lot at 3037 15th Ave S, offering potential for future development, expanded amenities, or added income (buyer to verify). Ideal for investors seeking: Strong day-one cash flow, tax-advantaged ownership and a stabilized asset with operational upside. Consider purchasing the vacant lot that is available next door.

office_logo

Peritus Real Estate is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Positive Realty | Jackie Karlson is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Positive Realty | Jackie Karlson, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 4/4/2026 11:59:00 AM.