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Pending
  • $725,000

    2723 Hennepin Ave, Minneapolis, MN 55408

    13beds
    4baths
    7,479sqft
    : 
    Quadruplex
    Built in 1909
    -- sqft lot
    $714,300 Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Modern finishesClassic minneapolis charmBrand-new privacy fenceLow-maintenance hardscape backyard
    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.
    34 days
    on Zillow
    |
    636
    |
    35
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 25, 2025 at 07:08am

    Listed by:

    Jamie Bolinger 507-837-9334,

    Rize Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6747868MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 4
    Heating
    • Baseboard, Boiler
    Features
    • Basement: Unfinished
    Interior area
    • Total structure area: 7,479
    • Total interior livable area: 7,479 sqft
    • Finished area above ground: 4,986
    • Finished area below ground: 0

    Property

    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Deck
    • Fencing: Privacy,Wood
    Lot
    • Size: 5,227.2 Square Feet
    • Dimensions: 55.8 x 100 x 51.6 x 118
    • Features: Near Public Transit, Wooded
    Details
    • Foundation area: 2493
    • Parcel number: 3302924420124
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick/Stone, Vinyl Siding
    • Roof: Age Over 8 Years,Rubber
    Condition
    • Age of Property: 116
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: J B Tabours 3rd Add
    HOA
    • Amenities included: Laundry, Deck
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $97/sqft
    • Tax assessed value: $695,000
    • Annual tax amount: $12,633
    • Date on market: 7/11/2025
    • Tenant pays: Electricity, Gas
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