Minnesota / Minneapolis / 55407 / 2705 Columbus Avenue South

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

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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.

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 Population		47,818	253,270	495,384
Population Median Age		31	34	36
Population by Age	0-9 Yrs	8099 (16%)	26937 (10%)	56910 (11%)
	10-19 Yrs	6735 (14%)	27668 (10%)	56036 (11%)
	20-29 Yrs	10285 (21%)	66005 (26%)	107836 (21%)
	30-39 Yrs	8580 (17%)	47974 (18%)	87933 (17%)
	40-49 Yrs	5035 (10%)	25491 (10%)	54631 (11%)
	50-59 Yrs	4277 (8%)	24794 (9%)	52962 (10%)
	60-69 Yrs	2742 (5%)	20019 (7%)	44619 (9%)
	70+ Yrs	2066 (4%)	14381 (5%)	34457 (6%)

Median HH Income		$39,923	$61,171	$70,023
Total Household Income	< 24K	6174 (33%)	25320 (22%)	39988 (18%)
	25-49K	4775 (26%)	22366 (19%)	38410 (18%)
	50-74K	2854 (15%)	18519 (16%)	33778 (15%)
	75-99K	1713 (9%)	13494 (11%)	26026 (12%)
	100-199K	2351 (12%)	24143 (21%)	50792 (24%)
	200K+	338 (1%)	9443 (8%)	22416 (10%)

Highest Education Level	No Diploma	7115	17232	27033
	Diploma or GED	5668	22312	44150
	Some College	5028	25920	52132
	Assoc. Degree	2116	10994	23117
	Bachelors Degree	6208	55634	111062
	Higher Degree	2847	36015	75479

Total Housing Units		19,500	120,987	224,872
--Owner-Occupied		4,185	42,178	101,548
--Renter-Occupied		14,020	71,108	109,861
Owner-Occupied Values	< 100K	358	1922	3980
	100-199K	1395	8552	18244
	200-299K	1547	13661	30148
	300-399K	667	8609	20962
	400-499K	163	3544	10610
	500K+	55	5890	17605

Total Working Age Population		35,586	214,400	409,793
In Work Force		25,891	159,558	302,816
Not In Work Force		9,695	54,842	106,978
Workforce Employed		23,842	151,097	287,703
Workforce Unemployed		2,043	8,429	15,023
Civlian Workforce		25,886	159,526	302,726
Military Workforce		5	32	90

Total Households		18,206	113,286	211,409
Family Households		7,325	41,856	94,026
Non-Family Households		10,880	71,429	117,383
Married Couple		3,844	29,347	68,897
Other Family		3,482	12,509	25,129
Married w/Child		2,384	11,446	29,176
Single Male w/Child		397	1,424	3,278
Single Female w/Child		2,041	5,914	11,399

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Minnesota	4,919,479	+8	5,303,925	+7	5,687,161	+5	5,974,304
Hennepin County	1,116,200	+3	1,152,425	+12	1,294,371	+9	1,407,332
Ramsey County	511,035	0	508,640	+12	567,959	+9	616,408

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

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

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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

2705 Columbus Avenue South

Minneapolis, MN 55407

Property Highlights

Description

Minneapolis Area Market Trends

Listing Demographics for 2705 Columbus Avenue South Minneapolis, MN 55407

Listing Location & Map Views

Other Multifamily Housing Listings for Sale Nearby

Closest Commercial Airports

Chris Missling

NAI Legacy

Kurt Pauley

Cam Hill

Share

Other property types near Minneapolis, MN

2705 Columbus Avenue South

Minneapolis, MN 55407

Property Highlights

Description

Minneapolis Area Market Trends

Listing Demographics for 2705 Columbus Avenue South Minneapolis, MN 55407

Tables : by radius

Tables : State & County Population Change

Charts : 1-Mile Radius

Charts : 3-Mile Radius

Charts : 5-Mile Radius

State & County Populations

Listing Location & Map Views

Other Multifamily Housing Listings for Sale Nearby

Closest Commercial Airports

Chris Missling

NAI Legacy

Kurt Pauley

Cam Hill

Share

Other property types near Minneapolis, MN