Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1960

Property Type

Commercial Sale

Acres

0.24

County

Hennepin

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

—

Price/Sqft

—

Stories

Two

HOA Fee

N/A

Updated

28 D AGO

List Date

7/30/2026

Well-maintained 8-unit brick apartment building located in the desirable Regina neighborhood within the Nokomis community of Minneapolis. Built in 1960, this two-story property offers 5,070 finished square feet and a highly rentable unit mix of seven 1-bedroom units and one studio/efficiency. Each unit features its own forced-air furnace, with residents paying their own heat — a major operational advantage that helps control owner expenses. The building also includes coin-operated laundry for additional income and convenient off-street parking for tenants. Solid brick construction, individual mechanical systems, and a straightforward unit mix make this a stable, easy-to-manage asset. The property is also an ideal candidate for enrollment in the Minneapolis 4d Affordable Housing Program, offering the potential for a reduced property tax rate in exchange for maintaining qualifying affordable rents. Situated in a strong South Minneapolis location near parks, shopping, transit, and major corridors, this property appeals to long-term renters seeking convenience and neighborhood charm. Excellent opportunity for investors seeking steady cash flow with additional upside through tax optimization. Owner is a licensed agent but not the listing agent.