2925 2nd Avenue S, Minneapolis, MN 55408

$345,000
4
BD
4
BA
2,992
SqFt

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Sold Price
$345,000
List Price
$375,000
Closing Date
Dec 31, 2025
MLS#
6815393
Status
CLOSED
Type
Multifamily
Style
(MF) Four Plex
Bedrooms
4
Bathrooms
4
Living Area
2,992
Acres
0.12
Neighborhood
63
Year Built
1910

Property Description

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.

Additional Information

School District
Minneapolis
Amenities Shared
Porch
Tax Year
2025
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Flat
Heating
Hot Water
Water
City Water/Connected
Basement
Full
Parking
Gravel, Open

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Listing courtesy of Keller Williams Realty Integrity Lakes.

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