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137 E 17th St
Minneapolis, MN 55403
St. George Apartments · Multifamily Property For Sale · 35 Units

INVESTMENT HIGHLIGHTS

  • Extensively renovated units including kitchens and bathrooms provide low maintenance costs moving forward.
  • Tenant paid electric baseboard heat reduces landlord utility charges—leading to an increase in NOI.
  • Major systems including electric have been fully updated.
  • Studio units are larger than market comps.

PROPERTY FACTS

No. Units 35
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.96 AC
Building Size 21,706 SF
Average Occupancy 94%
No. Stories 4
Year Built/Renovated 1918/2013
Zoning OR3 - BFI3 / Interior 3 Built Form Overlay District OR3 / Institutional Office Residence District

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Dishwasher
  • Heating
  • Security System
  • Ceiling Fans
  • Eat-in Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Dining Room
  • Window Coverings

SITE AMENITIES

  • Controlled Access
  • Laundry Facilities
  • Storage Space
  • Sundeck

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 31 - 400 - 650
1+1 4 - 750

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-029-24-43-0077
Land Assessment
$192,000
Improvements Assessment
$2,947,000
Total Assessment
$3,139,000
  • Listing ID: 33702368

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 137 E 17th St, Minneapolis, MN 55403

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