2020 E Franklin Ave, Minneapolis MN 55404

For Sale

2020 E Franklin Ave, Minneapolis, MN 55404

This Minneapolis property for sale is located at 2020 E Franklin Ave. The general use of 2020 E Franklin Ave, Minneapolis MN 55404 is multi-family and it incorporates 3,486 square feet of class C multi-family space. The current listed sale price for 2020 E Franklin Ave, Minneapolis MN 55404 is $1,899,900. 2020 E Franklin Ave, Minneapolis MN 55404 is situated on a lot that is 0.41 acre in size.

Contacts

Patrick Corbett

NAI Gateway Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 3,486 SF
  • Units 8
  • Lot Size 0.41 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1916
  • Year Renovated 2023
  • Date Updated May 26, 2026
Experience the allure of vibrant city living surrounding the property in Minneapolis, MN. This prime location offers a compelling opportunity for multifamily and high-rise investors seeking to be part of a dynamic urban community. Just moments away, residents can enjoy the rich cultural offerings of the renowned Seward neighborhood, home to the iconic Seward Community Co-op and the thriving arts scene of the East Franklin Avenue. Nearby, the University of Minnesota's West Bank campus adds to the area's diverse and energetic atmosphere. With its mix of amenities, cultural attractions, and convenient transit options, this location presents an exciting prospect for multifamily and high-rise investment in the heart of Minneapolis.This multi-family property is conveniently located in the Seward neighborhood and features 16 rental units across four buildings. It consists of 8 two-bedroom units and 8 three-bedroom units. Recent updates include new windows, exterior stucco, new exterior security doors, and unit interiors. Income and expenses are based on current rental rates and expenses but could vary based on the new owner’s use and rates.
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Highlights

  • Affordable rent rates.
  • Conveniently located.
  • Private parking lot.
  • Value-add opportunities.

Attachments

Getting around

  • 87/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 99/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Minneapolis, MN
  • Neighborhood Seward
  • Zip Code 55404
  • Market Minneapolis St Paul

Points of Interest

  • Franklin Avenue

    0.20 miles

  • Cedar-Riverside

    0.54 miles

  • West Bank

    0.64 miles

  • Lake Street/Midtown

    1.03 miles

  • Stadium Village

    1.28 miles

  • Government Plaza

    1.47 miles

  • Prospect Park

    1.49 miles

  • Nicollet Mall

    1.70 miles

  • Westgate

    1.82 miles

  • Warehouse District/Hennepin Avenue

    1.89 miles

  • Holiday

    0.07 miles

  • Tesoro

    0.40 miles

  • Shell

    0.60 miles

  • ChargePoint

    0.77 miles

  • Bobby and Steve's Auto World

    0.86 miles

  • Greenlots

    0.98 miles

  • Marathon Gas

    1.04 miles

  • BP

    1.47 miles

  • MotoMart

    1.47 miles

  • Tesla Supercharger

    2.96 miles

  • Parking Lot A

    0.13 miles

  • Parking Lot B

    0.14 miles

  • Parking Lot D

    0.15 miles

  • Parking Lot E

    0.17 miles

  • Parking Lot J

    0.29 miles

  • Parking Lot K

    0.31 miles

  • Parking Lot L

    0.33 miles

  • Red Ramp

    0.36 miles

  • C-85

    0.38 miles

  • Lot 94

    0.39 miles

  • Courtyard Minneapolis Downtown

    0.78 miles

  • Graduate by Hilton Minneapolis

    1.03 miles

  • Aloft Minneapolis

    1.11 miles

  • Hilton Garden Inn Minneapolis University Area

    1.15 miles

  • Canopy by Hilton Minneapolis Mill District

    1.23 miles

  • Radisson RED Minneapolis Downtown

    1.28 miles

  • Elliot Park Hotel

    1.31 miles

  • Days Inn

    1.31 miles

  • Hyatt Place Minneapolis/Downtown

    1.36 miles

  • Normandy Inn & Suites

    1.38 miles

  • United Noodle

    0.36 miles

  • ALDI

    0.60 miles

  • Seward Community Co-op

    0.62 miles

  • Cub Foods

    0.86 miles

  • Burlington

    0.92 miles

  • Target

    0.98 miles

  • Supermercado La Mexicana

    1.10 miles

  • Mercado Central

    1.13 miles

  • Supermercado Morelia

    1.15 miles

  • Trader Joe's

    1.21 miles

Contact Listing Broker
Patrick Corbett

NAI Gateway Commercial

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