2901 James Ave S | Minneapolis, MN 55408
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2901 James Ave S
Minneapolis, MN 55408
Renovated MF in Sought-After Lakes Area · Multifamily Property For Sale
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14 Units
Investment Highlights
- 2901 James Avenue South is a newly renovated 13-unit apartment community steps away from Lake Bde Maka Ska in Minneapolis, Minnesota.
- Modernized units feature stainless steel appliances and hardwood floors.
- The Twin Cities face a significant housing shortage, needing 76,000 additional units to meet current demand.
- Currently 78.6% occupied, this property is being offered at an unprecendented cost-basis.
- Located at the heart of the Minneapolis Chain of Lakes and near coffee shops, restaurants, and nightlife, offering residents exceptional walkability.
- This shortage makes Minnesota the third most housing-constrained state nationwide.
Property Facts
| Sale Condition | Auction Sale | Building Class | C |
| Type of Ownership | Fee Simple | Lot Size | 0.13 AC |
| No. Units | 14 | Building Size | 14,400 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1914 |
| Apartment Style | Low-Rise | Parcel Number | 33-029-24-34-0033 |
| Zoning | R6 | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 14,400 SF |
| No. Stories | 3 |
| Year Built | 1914 |
| Zoning | R6 |
| Parcel Number | 33-029-24-34-0033 |
Amenities
Unit Amenities
- Air Conditioning
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