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  • $300,000

    2404 Stevens Ave, Minneapolis, MN 55404

    4beds
    2baths
    2,780sqft
    Other
    Built in 1900
    -- sqft lot
    $300,000 Zestimate®
    $108/sqft
    $2,178 Estimated rent

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    What's special

    Investor Opportunity – Value-Add Triplex with Bonus Villa. Bring this Minneapolis triplex back to life and unlock serious income potential. With updates to siding, windows, and interior finishes, this property can quickly transition into a strong cash- flowing asset. Classic interior woodwork adds character, while the flexible layout provides multiple revenue streams. Property Breakdown: Main Level Unit – Currently an office with three private rooms and a sunroom. Convert back to residential or keep as live/work space to maximize rent potential. Upper-Level Unit – One-bedroom loft with separate entrance, full kitchen, bathroom, and living room. Ideal for short- or long-term rental. Lower-Level Unit – Two-bedroom apartment with full bath, kitchen, and living room. Large unit = consistent tenant demand. Bonus Villa – Converted Garage – Detached structure with bedroom, bathroom, kitchen, and oversized living area. Currently a recording studio, but perfect as an additional rental or Airbnb-style unit for higher returns. Why Investors Will Love It: Multiple income streams from 4 unique units. Strong value-add play with renovation upside. Prime location near downtown, I-35, bus lines, restaurants, and entertainment. As-Is sale = priced with room to create equity.

    Zillow last checked: 8 hours ago

    Listing updated: October 29, 2025 at 11:36am

    Listed by:

    Todd E. Priebe 952-898-5800,

    Re/Max Advantage Plus

    Bought with:

    Carol A March

    Classic Lake Realty Inc

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6721657MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Finished
    Interior area
    • Total structure area: 2,780
    • Total interior livable area: 2,780 sqft
    • Finished area above ground: 1,980
    • Finished area below ground: 800

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Covered, Porch
    • Fencing: None
    Lot
    • Size: 0.14 sqft
    • Dimensions: 47 x 125 x 47 x 125
    Details
    • Foundation area: 990
    • Parcel number: 3402924130151
    • Zoning description: Business/Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Other
    Materials
    • Brick/Stone
    Condition
    • Age of Property: 125
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
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    $300,000
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    With Zillow Showcase(estimated)$306,000