2723 Hennepin Avenue

Minneapolis, MN 55408

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 Rize Realty



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Last checked: 2025-07-30 04:57 PM UTC