Multifamily Housing - For Sale
2705 Columbus Avenue South Minneapolis, MN 55407
Details & Description
Call for Pricing
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.360
  • Building Sq Ft 26,402
  • Land Sq Ft 15,681
This multi-family property is a three-story, 27-unit apartment building with indoor garage parking for residents. The main entry and lobby are located on Columbus Avenue with three walk-up entry units facing Columbus Avenue. There is a second entrance to the lobby from the garage. The building includes 8 studio, 15 one-bedroom, and 4 two-bedroom units. There are 18 indoor parking spaces for residents. The garage is accessed from E 27th Street.
Property Highlights
 Array
Additional Photos
Listing Agents
Chris Missling

O: 612-812-1317
M: 612-812-1317
c.missling@nailegacy.com
Kurt Pauley

M: 402-681-8622
k.pauley@nailegacy.com
Cam Hill

O: 612-747-0504
c.hill@nailegacy.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

2705 Columbus Avenue South

Minneapolis, MN 55407

New Life Gardens

Listing ID: 300470
Call for Pricing
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.360
  • Building Sq Ft 26,402
  • Land Sq Ft 15,681
  • 2705 Columbus Avenue South Minneapolis, MN 55407 | for Sale | Photo 1
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Property Highlights
 Three story, 27 unit apartment building with indoor garage parking for residents
 High walk and bike scores; Easy access to the Midtown Greenway Trail
 In May 22 Allina Health announced plans to build a 10 story Surgical/Critical Care Pavillion on the Abbott NW Campus
 3 walk up units on level 1; 12 units each on levels 2 and 3
 High traffic area one block west of the Abbott Northwestern Hospital Complex
 Year built: 2023
Description

This multi-family property is a three-story, 27-unit apartment building with indoor garage parking for residents. The main entry and lobby are located on Columbus Avenue with three walk-up entry units facing Columbus Avenue. There is a second entrance to the lobby from the garage. The building includes 8 studio, 15 one-bedroom, and 4 two-bedroom units. There are 18 indoor parking spaces for residents. The garage is accessed from E 27th Street.

Minneapolis Area Market Trends

Listing Demographics for 2705 Columbus Avenue South Minneapolis, MN 55407

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population47,818253,270495,384
Population Median Age313436
Population by Age0-9 Yrs8099 (16%)26937 (10%)56910 (11%)
10-19 Yrs6735 (14%)27668 (10%)56036 (11%)
20-29 Yrs10285 (21%)66005 (26%)107836 (21%)
30-39 Yrs8580 (17%)47974 (18%)87933 (17%)
40-49 Yrs5035 (10%)25491 (10%)54631 (11%)
50-59 Yrs4277 (8%)24794 (9%)52962 (10%)
60-69 Yrs2742 (5%)20019 (7%)44619 (9%)
70+ Yrs2066 (4%)14381 (5%)34457 (6%)
Median HH Income$39,923$61,171$70,023
Total Household Income< 24K6174 (33%)25320 (22%)39988 (18%)
25-49K4775 (26%)22366 (19%)38410 (18%)
50-74K2854 (15%)18519 (16%)33778 (15%)
75-99K1713 (9%)13494 (11%)26026 (12%)
100-199K2351 (12%)24143 (21%)50792 (24%)
200K+338 (1%)9443 (8%)22416 (10%)
Highest Education LevelNo Diploma71151723227033
Diploma or GED56682231244150
Some College50282592052132
Assoc. Degree21161099423117
Bachelors Degree620855634111062
Higher Degree28473601575479
Total Housing Units19,500120,987224,872
--Owner-Occupied4,18542,178101,548
--Renter-Occupied14,02071,108109,861
Owner-Occupied Values< 100K35819223980
100-199K1395855218244
200-299K15471366130148
300-399K667860920962
400-499K163354410610
500K+55589017605
Total Working Age Population35,586214,400409,793
In Work Force25,891159,558302,816
Not In Work Force9,69554,842106,978
Workforce Employed23,842151,097287,703
Workforce Unemployed2,0438,42915,023
Civlian Workforce25,886159,526302,726
Military Workforce53290
Total Households18,206113,286211,409
Family Households7,32541,85694,026
Non-Family Households10,88071,429117,383
Married Couple3,84429,34768,897
Other Family3,48212,50925,129
Married w/Child2,38411,44629,176
Single Male w/Child3971,4243,278
Single Female w/Child2,0415,91411,399

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Minnesota4,919,479+85,303,925+75,687,161+55,974,304
Hennepin County1,116,200+31,152,425+121,294,371+91,407,332
Ramsey County511,0350508,640+12567,959+9616,408

Total Working Age Population:

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Total Working Age Population:

Total Households:

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Closest Commercial Airports
Airport Distance (mi)
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 5
Rochester International Airport (RST) 81
Duluth International Airport (DLH) 140
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Listing Co-Agent
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