Greenway Heights

2845 Bloomington Ave, Minneapolis, MN 55407

  • For Sale TBD by Market
  • Property Type Multi-Family
  • Property Size 1 SF
  • Units 42
  • Year Built 2014
  • Date Updated Aug 19, 2025
Discover the vibrant allure of the Greenway Heights neighborhood in Minneapolis, MN. Located within close proximity to the property, this thriving area offers a diverse range of attractions and amenities. Take advantage of the bustling Midtown Global Market, featuring an eclectic mix of international cuisine and local vendors, or immerse yourself in the cultural richness of the Minneapolis Institute of Art. With convenient access to the Midtown Greenway, residents can enjoy extensive walking and biking trails, connecting them to the heart of the city. Embrace the urban lifestyle while exploring the charming cafes, trendy boutiques, and community parks that make Greenway Heights an exciting investment opportunity for multifamily and mid-rise investors.Performance Real Estate Advisors is pleased to reintroduce Greenway Heights Apartments. The Property is a 42-unit multifamily community offering two-, three-, and four-bedroom floorplans located in Minneapolis, MN. The community was built in 2015 utilizing Low-Income Housing Tax Credits. All units are set aside for residents/families whose income is at or below 50% of AMI and maintains well occupied. Current rents are below nearby market rents, Standard Voucher Payments, and Max LIHTC rents for Hennepin County. Greenway Heights has a plethora of in-unit and community amenities specifically designed with families in mind. There is a community room with an indoor play area, an outdoor youth activity center, fitness center, bike storage, and underground, heated parking. This offering provides an investor several execution strategies with the opportunity to add new debt and assume attractive soft debt. Operational efficiency can be had to maximize cash flow.
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Highlights

  • 42-unit, 1 SF building
  • Attractive investment potential
  • Constructed in 2014
  • Modern and well-maintained property
  • On-site amenities
  • Prime Minneapolis location
  • Proximity to transportation and major conveniences
  • Spacious floor plans
  • Strong rental demand in the area

Contacts

broker
Ryan Gallante

Performance Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Transit Score ®

    57/100 Good Transit

  • Bike Score ®

    97/100 Biker's Paradise
Powered by Walk Score ®
  • City Minneapolis, MN
  • Neighborhood East Phillips
  • Zip Code 55407
  • Market Minneapolis St Paul

Points of Interest

  • Lake Street/Midtown

    0.65 miles

  • Franklin Avenue

    0.86 miles

  • Cedar-Riverside

    1.23 miles

  • West Bank

    1.50 miles

  • 38th Street

    1.56 miles

  • Government Plaza

    1.94 miles

  • Nicollet Mall

    2.13 miles

  • Stadium Village

    2.20 miles

  • Warehouse District/Hennepin Avenue

    2.29 miles

  • Prospect Park

    2.31 miles

  • Marathon Gas

    0.19 miles

  • Shell

    0.69 miles

  • Holiday

    0.88 miles

  • MotoMart

    1.03 miles

  • Arco

    1.15 miles

  • Tesoro

    1.28 miles

  • BP

    1.32 miles

  • Speedway

    1.46 miles

  • ChargePoint

    1.66 miles

  • Greenlots

    1.93 miles

  • Overflow Parking Ramp

    0.45 miles

  • Main Parking Ramp

    0.47 miles

  • Piper Parking Lot

    0.53 miles

  • Employee Parking Ramp

    0.59 miles

  • Blue Ramp

    0.59 miles

  • Green Ramp

    0.69 miles

  • 28th St Parking

    0.96 miles

  • Parking Lot A

    1.08 miles

  • Parking Lot D

    1.09 miles

  • Parking Lot B

    1.10 miles

  • Minneapolis International Hostel

    1.30 miles

  • Courtyard Minneapolis Downtown

    1.62 miles

  • Hilton Garden Inn Minneapolis Downtown

    1.62 miles

  • Elliot Park Hotel

    1.65 miles

  • Holiday Inn Express Minneapolis Downtown Convention Center

    1.73 miles

  • Normandy Inn & Suites

    1.73 miles

  • Hotel Ivy, a Luxury Collection Hotel, Minneapolis

    1.77 miles

  • Hyatt Place Minneapolis/Downtown

    1.77 miles

  • Aloft Minneapolis

    1.81 miles

  • Canopy by Hilton Minneapolis Mill District

    1.84 miles

  • Star Dragon

    0.14 miles

  • Taqueria y birreria las quatros milpas

    0.14 miles

  • La Loma Tamales

    0.17 miles

  • Maria's Restaurante

    0.17 miles

  • Taco Taxi

    0.18 miles

  • Pupeseria El Rincon SA La Doreño

    0.18 miles

  • La Carreta

    0.18 miles

  • Marsu Pizzeria

    0.18 miles

  • Hufan Restaurant & Cafe

    0.25 miles

  • Que Chula Es Puebla

    0.32 miles

  • Andersen United Middle School

    0.38 miles

  • Transition PLUS

    0.47 miles

  • South High School

    0.50 miles

  • Nawayee Center School

    0.54 miles

  • Early Childhood Special Education (Wilder)

    0.74 miles

  • Heritage Academy

    0.74 miles

  • Metro Educational Services

    0.75 miles

  • St. Mary's University of Minnesota

    0.83 miles

  • Takoda Institute of Higher Education

    0.83 miles

  • Cristo Rey Jesuit High School

    0.95 miles

  • Perfect Balance Child Care

    0.97 miles

  • Sunshine Tree Child Development

    1.11 miles

  • Lucky Stars Child Care Services

    1.32 miles

  • Creative Minds Daycare

    1.37 miles

  • Nokomis Child Care Center

    1.42 miles

  • Central Care for Children

    1.49 miles

  • Jardin Spanish Immersion Academy

    1.49 miles

  • Hooyo Child Care Center

    1.58 miles

  • Academia Elze Spanish Immersion Early Learning Center

    1.58 miles

  • Grandma's House Children's Center

    1.79 miles

Frequently Asked Questions

How much does Greenway Heights cost?

The sale price for Greenway Heights is available upon request. Contact the listing broker for more information.

What is the total square footage of Greenway Heights?

Greenway Heights totals 1 square feet.

When was this property built?

Greenway Heights was built in 2014.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Ryan Gallante

Performance Real Estate Advisors

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