2723 Hennepin AVE new Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55408
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
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 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