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2723 Hennepin Ave, Minneapolis, MN 55408
2723 Hennepin Ave, Minneapolis, MN 55408
Sold for $725,000
2723 Hennepin Ave, Minneapolis, MN 55408
Sold for $725,000
2723 Hennepin Ave, Minneapolis, MN 55408
2723 Hennepin Ave, Minneapolis, MN 55408
2723 Hennepin Ave, Minneapolis, MN 55408
2723 Hennepin Ave, Minneapolis, MN 55408

2723 Hennepin Ave Minneapolis, MN 55408

$725,000

CLOSED
Beds
13
Baths
4
Sqft
4,986
Acres
0.12
Year
1909
Close Date
Aug 22, 2025
Property Type
Residential Income
Sub Type
Fourplex
Per Square Foot
$145
Date Listed
Jul 10, 2025

Description of 2723 Hennepin Ave, Minneapolis, MN 55408

Listing details for 2723 Hennepin Ave, Minneapolis, MN 55408 : Excellent Uptown 4-plex opportunity! This well-maintained property features three spacious 3BR/1BA units and one 4BR/1BA unit, providing flexibility for an owner-occupant or strong cash flow for investors. Three of the four units have been thoughtfully updated, blending classic Minneapolis charm with modern finishes. Units 3 and 4 are currently vacant and ready for immediate occupancy or lease-up at market rents ($1,700–$2,200/mo). Additional highlights include a brand-new privacy fence, a low-maintenance hardscape backyard, and easy access to public transportation, coffee shops, and dining in vibrant Uptown. Current leases: Unit 1 at $1,830/mo and Unit 2 at $1,550/mo. This turn-key property is a rare find for your portfolio or house-hacking goals in the heart of Minneapolis. VALUE ADD OPTION: Previous owner had plans approved for a 5th unit in the basement. Yours to finish and add massive value. Plans available by request.
Listing Updated : 08-25-2026 at 6:08 AM CDT

Properties displayed may be listed or sold by various participants in the MLS

Source

NorthstarMLS as distributed by MLS GRID, MLS#: 6747868

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$615K – $888K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$615K – $888K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
8/22/2025
Sold
$725,000
$145/sqft
Source:NorthstarMLS #NST6747868
7/10/2025
Listed for sale
—
Source:NorthstarMLS #NST6747868

Location of 2723 Hennepin Ave, Minneapolis, MN 55408

Streetview of 2723 Hennepin Ave, Minneapolis, MN 55408

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$615K – $888K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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