Property

Minneapolis, MN 55408 2925 2nd Avenue S

$375,000

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Presented By: Rize Realty
  • MLS# 6808463
  • 10/24/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 4
  • SQFT • 2,992

Home Details

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.
Presented By: Rize Realty

Interior Features for 2925 2nd Avenue S

Other Interior Features

Above Grade Finished Area2992
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area
FuelNatural Gas

General for 2925 2nd Avenue S

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPorch
CityMinneapolis
Construction MaterialsStucco, Wood Siding
ContingencyNone
CountyHennepin
DirectionsLake St to 2nd Ave, north to home
Electric Expense
Fuel Expense
Garage Spaces
Gross Income
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense3042
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2992
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total4
Operating Expense0
PostalCityMinneapolis
Property SubtypeQuadruplex
Property TypeResidential Income
RoofFlat
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount6857
Tax Year2025
Trash Expense1504
Water Sewer Expense2472
Year Built1910
Zoning DescriptionResidential-Multi-Family

Exterior for 2925 2nd Avenue S

Building Area Total4488
Foundation Area1496
Lot Dimensions42.00 X 126.00
Lot Size Area0.12
Parking FeaturesGravel, Open
Road Frontage TypeCity Street
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $375,000
MLS#6808463
List Date 10/24/2025
Property Type Multi-Family
Phone (612) 309-4749
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Request Info
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