Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
Minneapolis, MN 55408,2723 Hennepin AVE
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$ 725,000
Est. payment | /mo

4,986 SqFt


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$ 725,000
Est. payment | /mo
Save

4,986 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Contingent

Purchase Type For Sale

Square Footage 4,986 sqft

Price per Sqft $145

Subdivision J B Tabours 3Rd Add

MLS Listing ID 6747868

Year Built 1909

Annual Tax Amount $12,633

Tax Year 2025

Contingent Inspection

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 55.8X100X51.6X118

Property Sub-Type Quadruplex

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

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Baseboard, Boiler

Fireplace No

Exterior

Fence Privacy, Wood

Roof Type Age Over 8 Years,Rubber

Building

Lot Description Public Transit (w/in 6 blks), Some Trees

Story Two

Foundation 2493

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick/Stone,Vinyl Siding

New Construction false

Schools

School District Minneapolis

Listed by Jamie Bolinger • Rize Realty

Learn More About LPT Realty

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2723 Hennepin AVE