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
See all 57 photos

$725,000

$725,000

Est.Price: ?

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

Est. payment /mo

4,986 SqFt


SOLD DATE : 08/22/2025

Key Details

Sold Price $725,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,986 sqft

Price per Sqft $145

Subdivision J B Tabours 3Rd Add

MLS Listing ID 6747868

Sold Date 08/22/25

Year Built 1909

Annual Tax Amount $12,633

Tax Year 2025

Contingent None

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

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
Margaret Thorpe Richards & Alexander Richards

Margaret Thorpe Richards & Alexander Richards

+1(612) 770-6402

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Jamie Bolinger • Rize Realty

GET MORE INFORMATION

agent
Margaret Thorpe Richards & Alexander Richards

REALTOR® | Lic# 20583703

+1(612) 770-6402

3033 Excelsior Blvd # 100, Minneapolis, MN, 55416

Name
Phone*
Message