jackiekarlson@liveinpequotlakes.com
218-820-8447
MLS# 7086019 - 2528 17th Avenue S Minneapolis, MN 55404
Baxter Office

15244 State Hwy 371
Baxter, MN 56425
218-820-8447
jackiekarlson@liveinpequotlakes.com

Nisswa Office

4820 County Rd. 77
Nisswa, MN 56468
218-963-7767
jackiekarlson@liveinpequotlakes.com

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Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange. Contact Listing Agent Miguel Lopez for additional information and private showings. Financials, T12, and rent roll available in MLS supplements.

Compass 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 6/13/2026 5:32:00 AM.

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange. Contact Listing Agent Miguel Lopez for additional information and private showings. Financials, T12, and rent roll available in MLS supplements.

Compass 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 6/13/2026 5:32:00 AM.

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange. Contact Listing Agent Miguel Lopez for additional information and private showings. Financials, T12, and rent roll available in MLS supplements.

Compass 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 6/13/2026 5:32:00 AM.

Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange. Contact Listing Agent Miguel Lopez for additional information and private showings. Financials, T12, and rent roll available in MLS supplements.

Compass 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 6/13/2026 5:32:00 AM.