Marcus & Millichap brokered the sale of 1900-1904 1st Avenue S, a two-building apartment community totaling 52 units in the City of Minneapolis.
Michael Jacobs, Senior Associate, and Abe Roberts, Senior Vice President Investments, in Marcus & Millichap’s Minneapolis office had the exclusive listing to market the property on behalf of the seller and procured the buyer.
Constructed in 1917 and 1919 and situated on a combined 0.32-acre lot, First Avenue Apartments offers over twenty thousand square feet of rentable space. Nestled in the picturesque Stevens Square neighborhood of Minneapolis, First Avenue Apartments consist of two neighboring apartment buildings that exude historic charm.
This prime location also places a diverse range of entertainment and dining options just moments away, ensuring that residents can fully experience the lively cultural scene and culinary delights that Minneapolis has to offer.