Marcus & Millichap closed the sale of Minnehaha Avenue Apartments, a 17-unit multifamily property in Minneapolis, Minnesota, for $2.05 million.
Michael Jacobs and Abe Roberts, investment specialists in Marcus & Millichap’s Minneapolis office, had the exclusive listing to market the property on behalf of the seller, a local investor.
Located at 3720 Minnehaha Ave., the property includes a mix of one- and two-bedroom units across 12,465 rentable square feet. Built in 1963, it is situated on 0.28 acres in Minneapolis’ Howe neighborhood with walking access to local dining, parks and public transit.
