2201 5th Avenue S, Minneapolis, MN 55404

$710,000
8
BD
10
BA

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Sold Price
$710,000
List Price
$775,000

Property Description

Investment opportunity in Phillips West! This 10-unit building features a mix of one-bedroom and two-bedroom units, with convenient on-site parking. Recent updates include a freshly painted exterior and other exterior improvements, while 70% of the units have been renovated, offering room for further upgrades and rent growth. Located near major highways, public transportation, and popular Minneapolis destinations, this property provides strong rental demand and significant potential for income growth. Don’t miss the chance to capitalize on this value-add investment opportunity.

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Listing courtesy of Keller Williams Premier Realty.

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