Active

$375,000

2925 2nd Ave S, Minneapolis, MN 55408

4beds

4baths

4,488sqft

Est.:

Quadruplex

Built in 1910

-- sqft lot

$370,000 Zestimate^®

$84/sqft

$-- HOA

What's special

Refinished hardwood floorsOff-street parking spacesNew cabinetry and appliancesNew roofFresh paint

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.

32 days

813

65

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Hot Water

Features

Basement: Full

Interior area

Total structure area: 4,488
Total interior livable area: 4,488 sqft
Finished area above ground: 2,992
Finished area below ground: 0

Property

Parking

Parking features: Gravel, Open
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 5,227.2 Square Feet
Dimensions: 42.00 x 126.00

Details

Foundation area: 1496
Parcel number: 3402924430019
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex

Materials

Stucco, Wood Siding
Roof: Flat

Condition

Age of Property: 115
New construction: No
Year built: 1910

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

HOA

Amenities included: Porch

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $84/sqft
Tax assessed value: $397,000
Annual tax amount: $6,857
Date on market: 11/8/2025
Cumulative days on market: 27 days

Estimated market value

$370,000

$352,000 - $389,000

$1,855/mo

Price history

Date	Event	Price
11/19/2025	Price change	$950
Source: Zillow Rentals Report a problem
11/8/2025	Listed for sale	$375,000$84/sqft
Source: NorthstarMLS as distributed by MLS GRID #6815393 Report a problem
11/7/2025	Listing removed	$375,000$84/sqft
Source: NorthstarMLS as distributed by MLS GRID #6808463 Report a problem
10/24/2025	Listed for sale	$375,000+241.2%$84/sqft
Source: NorthstarMLS as distributed by MLS GRID #6808463 Report a problem
1/7/2010	Sold	$109,900+46.5%$24/sqft
Source: Lake Superior Area Realtors #1692066 Report a problem