Minneapolis, MN 55408,2723 Hennepin AVE
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Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE

$725,000

Est. payment /mo

$725,000

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2723 Hennepin AVE Minneapolis, MN 55408

13 Beds

4 Baths

7,479 SqFt

SOLD DATE : 08/22/2025

Key Details

Sold Price $725,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,479 sqft

Price per Sqft $96

Subdivision J B Tabours 3Rd Add

MLS Listing ID 6747868

Sold Date 08/22/25

Style (MF) Four Plex

Bedrooms 13

Year Built 1909

Annual Tax Amount $13,197

Acres 0.12

Lot Dimensions 55.8X100X51.6X118

Property Description

Excellent Uptown 4-plex opportunity! This well-maintained property features three spacious 3BR/1BA units and one 4BR/1BA unit, providing flexibility for an owner-occupant or strong cash flow for investors. Three of the four units have been thoughtfully updated, blending classic Minneapolis charm with modern finishes. Units 3 and 4 are currently vacant and ready for immediate occupancy or lease-up at market rents ($1,700–$2,200/mo).

Additional highlights include a brand-new privacy fence, a low-maintenance hardscape backyard, and easy access to public transportation, coffee shops, and dining in vibrant Uptown. Current leases: Unit 1 at $1,830/mo and Unit 2 at $1,550/mo. This turn-key property is a rare find for your portfolio or house-hacking goals in the heart of Minneapolis.

VALUE ADD OPTION: Previous owner had plans approved for a 5th unit in the basement. Yours to finish and add massive value. Plans available by request.

Location

State MN

County Hennepin

Community J B Tabours 3Rd Add

Zoning Residential-Multi-Family

Direction 35W N to E 28th St., take E 26th st, turn left to Hennepin Ave.

Rooms

Basement Unfinished

Interior

Heating Baseboard, Boiler

Flooring 5227.2

Laundry Common Area, In Basement

Exterior

Roof Type Age Over 8 Years,Rubber

Accessibility None

Porch Deck

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Foundation Combination

Water City Water/Connected

Architectural Style (MF) Four Plex

Others

Senior Community No

Tax ID 3302924420124

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Rize Realty
agent

Brett Dalzell

Co-Owner/Realtor | License ID: ND 10275

+1(701) 305-0061

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