FOR SALE

Multi-Family

$399,900

2721 Columbus Avenue, Minneapolis MN 55407

Property information

Beds

2

Baths

4

Sq Ft

2,658

Year Built

1906

Property Type

Fourplex

Acres

0.12

County

Hennepin

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

4

Basement

Full, Unfinished

Price/Sqft

$150

Stories

Two

Pool

—

HOA Fee

N/A

Updated

14 D AGO

List Date

9/8/2026

Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of one 1-bedroom units, one 1-bedroom + Den/2nd bedroom unit, and two studio units, each with a full bath and kitchens. The largest unit #3 is the largest and has a den which could be used as a 2nd bedroom! Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four (4) detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential. Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.