2723 Hennepin Avenue Minneapolis, MN 55408

$725,000
Active
estimated monthly payment
4,986 Sq Ft  |  Quadruplex  |  MLS # 6747868
  • Welcome to 2723 Hennepin ave S!
    Welcome to 2723 Hennepin ave S!
  • Well maintained 4 unit building in the heart of uptown
    Well maintained 4 unit building in the heart of uptown
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  3
  • Unit 4 on 2nd level
    Unit 4 on 2nd level
  • Move-in ready unit, all new updates
    Move-in ready unit, all new updates
  • Spacious living room
    Spacious living room
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  7
  • Remodeled kitchen in 2024!
    Remodeled kitchen in 2024!
  • Only unit with in unit dishwasher
    Only unit with in unit dishwasher
  • All new stainless steel appliances
    All new stainless steel appliances
  • Unit 4 features 4 total bedrooms
    Unit 4 features 4 total bedrooms
  • Bedroom 1
    Bedroom 1
  • Bedroom 1
    Bedroom 1
  • Bedroom 2 closet
    Bedroom 2 closet
  • Bedroom 2 OR flex room
    Bedroom 2 OR flex room
  • Bedroom 2 OR flex room
    Bedroom 2 OR flex room
  • Bedroom 3
    Bedroom 3
  • Bedroom 3
    Bedroom 3
  • Bedroom 4
    Bedroom 4
  • Bedroom 4
    Bedroom 4
  • Nicely updated bathroom
    Nicely updated bathroom
  • Unit 3 on 2nd level
    Unit 3 on 2nd level
  • Tons of well maintained original charm
    Tons of well maintained original charm
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  24
  • Spacious kitchen with thoughtful updates
    Spacious kitchen with thoughtful updates
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  26
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  27
  • Primary Bedroom
    Primary Bedroom
  • Primary Bedroom
    Primary Bedroom
  • Bedroom 2
    Bedroom 2
  • Bedroom 2
    Bedroom 2
  • Bathroom with full shower
    Bathroom with full shower
  • Bedroom 3
    Bedroom 3
  • Bedroom 3
    Bedroom 3
  • UNIT 2
    UNIT 2
  • Unit 2 Living Room
    Unit 2 Living Room
  • Unit 2 Living room to kitchen
    Unit 2 Living room to kitchen
  • Spacious Kitchen/Dining
    Spacious Kitchen/Dining
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  39
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  40
  • 2723 Hennepin Avenue, Minneapolis, MN 55408 Listing Photo  41
  • Hallway to bedrooms
    Hallway to bedrooms
  • Bedroom 1
    Bedroom 1
  • Bedroom 1
    Bedroom 1
  • Bedroom 2
    Bedroom 2
  • Bedroom 2
    Bedroom 2
  • Bedroom 3
    Bedroom 3
  • Bedroom 3
    Bedroom 3
  • updated 3/4 bathroom
    updated 3/4 bathroom
  • Unifinished basement - plans approved for 5th unit
    Unifinished basement - plans approved for 5th unit
  • Unifinished basement - plans approved for 5th unit
    Unifinished basement - plans approved for 5th unit
  • Unit 3
    Unit 3
  • Unit 4
    Unit 4
  • Large deck on 2nd level shared
    Large deck on 2nd level shared
  • Brand new privacy fence with hardscaping
    Brand new privacy fence with hardscaping
  • Exterior back
    Exterior back
  • Turn key investment property!
    Turn key investment property!

About The Listing

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.


Listing courtesy of Jamie Bolinger, Rize Realty
Purchase Price
Loan Type
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: Inspection
Year Built: 1909
MLS #: 6747868
Square Feet: 4,986
Price Per Square Foot: $145
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard, Boiler
Basement: Unfinished
Construction Description: Brick/Stone, Vinyl Siding
Roof Description: Age Over 8 Years, Rubber
Days On Market (Continuous): 8
Disability Features: None
Latest Update: 07/18/2025
List Date: 07/10/2025
Listing Agent ID: 502048441
Listing Office: Rize Realty
Listing Office ID: 71003
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: Privacy, Wood
Lot Dimensions: 55.8X100X51.6X118
Lot Size: 0.12 Acres
Lot Features: Public Transit (w/in 6 blks), Some Trees
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $12,633
Contingency Type: Inspection
City: Minneapolis
Zip: 55408
County: Hennepin
Subdivision: J B Tabours 3rd Add
State: MN

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Listing last updated: 07/18/25

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