$725,000
$725,000
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2723 Hennepin AVE Minneapolis, MN 55408
13 Beds
4 Baths
7,479 SqFt
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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