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.
Pending
$725,000
2723 Hennepin Ave, Minneapolis, MN 55408
13beds
4baths
7,479sqft
Est.:
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
- 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#: 6747868

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
- Loading