MN > Minneapolis
Minneapolis, MN 55408,2925 2nd AVE S
Minneapolis, MN 55408,2925 2nd AVE S
Minneapolis, MN 55408,2925 2nd AVE S
Minneapolis, MN 55408,2925 2nd AVE S
Minneapolis, MN 55408,2925 2nd AVE S
Minneapolis, MN 55408,2925 2nd AVE S
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Shawn Murphy, GRI, SRES

Shawn Murphy, GRI, SRES

+1(888) 983-2544
$ 375,000
Est. payment | /mo

2,992 SqFt

Save
$ 375,000
Est. payment | /mo
Save

2,992 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,992 sqft

Price per Sqft $125

MLS Listing ID 6808463

Year Built 1910

Annual Tax Amount $6,857

Tax Year 2025

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42.00 X 126.00

Property Sub-Type Quadruplex

Property Description

Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all units. This property presents excellent cash flow potential with projected rents at $1,200-$1,400/mo. Additional highlights include four off-street parking spaces, a convenient location near downtown, highways, and transit, and plenty of value-add potential for investors looking to grow their portfolio.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Gravel, Open

Roof Type Flat

Building

Story Two

Foundation 1496

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District Minneapolis

Listed by Jamie Bolinger • Rize Realty
Shawn Murphy, GRI, SRES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(888) 983-2544

srmurphy@ferndalerealty.com

6230 Highway 65 NE, Minneapolis, MN, 55432, USA

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2925 2nd AVE S