2925 2nd Avenue S, Minneapolis, MN 55408
Local realty services provided by:ERA Viking Realty
2925 2nd Avenue S,Minneapolis, MN 55408
$375,000
- - Beds
- - Baths
- 2,992 sq. ft.
- Multi-family
- Active
Listed by:jamie bolinger
Office:rize realty
MLS#:6808463
Source:NSMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$83.56
About this home
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.
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Home facts
- Year built:1910
- Listing ID #:6808463
- Added:8 day(s) ago
- Updated:November 02, 2025 at 02:43 PM
Rooms and interior
- Living area:2,992 sq. ft.
Heating and cooling
- Heating:Hot Water
Structure and exterior
- Roof:Flat
- Year built:1910
- Building area:2,992 sq. ft.
- Lot area:0.12 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$83.56
- Tax amount:$6,857 (2025)
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