2404 Stevens Ave Minneapolis, MN 55404

Listing details for 2404 Stevens Ave, Minneapolis, MN 55404 : Investor Opportunity – Value-Add Triplex with Bonus Villa. Bring this Minneapolis triplex back to life and unlock serious income potential. With updates to siding, windows, and interior finishes, this property can quickly transition into a strong cash- flowing asset. Classic interior woodwork adds character, while the flexible layout provides multiple revenue streams. Property Breakdown: Main Level Unit – Currently an office with three private rooms and a sunroom. Convert back to residential or keep as live/work space to maximize rent potential. Upper-Level Unit – One-bedroom loft with separate entrance, full kitchen, bathroom, and living room. Ideal for short- or long-term rental. Lower-Level Unit – Two-bedroom apartment with full bath, kitchen, and living room. Large unit = consistent tenant demand. Bonus Villa – Converted Garage – Detached structure with bedroom, bathroom, kitchen, and oversized living area. Currently a recording studio, but perfect as an additional rental or Airbnb-style unit for higher returns. Why Investors Will Love It: Multiple income streams from 4 unique units. Strong value-add play with renovation upside. Prime location near downtown, I-35, bus lines, restaurants, and entertainment. As-Is sale = priced with room to create equity.