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2631 Columbus Ave
Minneapolis, MN 55407 Midtown Minneapolis

$3,900,000 USD

Apartments For Sale  •  24,678 SF

Property Details

• Property Type Apartments
• Total Building Size 24,678 SF
• Lot Size 0.47 AC
• Building Class C
• Year Built 1972
• Zoning OR2

80 Transit Score

90 Walk Score

Highlights

Fully Stabilized 33-Unit Asset with large one-bedroom units

RUBS in Place for utility reimbursement and improved cash flow

Excellent Healthcare Location near Allina Health, Abbott Northwestern, and major medical employment hubs

4D Potential offers substantial property tax savings upside

Majority of Units Remodeled with updated interior finishes. Large Rear Parking Lot provides additional parking income potential

Brand New Roof installed June 2026. Strong CapEx Profile with major building systems recently improved or in excellent condition

Amenities

• 24 Hour Access
• Dishwasher
• Disposal
• Laundry Facilities
• Microwave
• Security System
• Heating
• Smoke Free
• Kitchen
• Refrigerator
• Oven
• Range
• Carpet
• Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
Target Field Station (Northstar Corridor - Northstar Commuter Rail)	9 min	-	2.8 mi
Airport	Drive	Walk	Distance
Minneapolis-St Paul International/Wold-Chamberlain	23 min	-	10.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	24
Type:	Surface
Included in Rent:	Yes