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For Sale:  Minneapolis MLS# 6811566

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Active NEW!
$434,900
/mo Edit
Multi-family:  Four Plex
Built 1906
2,658 sqft • 0.12 acres
Minneapolis schools
MLS# 6811566
763-576-8286
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    Property Description

    Welcome to 2721 Columbus Avenue S, a classic Minneapolis fourplex that blends historic charm with strong investment potential. Built in 1906, this well-maintained property showcases timeless craftsmanship and nearly 4, 000 sq. ft. of living space across four bright, spacious units.Located on a quiet, tree-lined block in the Phillips West neighborhood, residents enjoy quick access to downtown, the Midtown Greenway, and Powderhorn Park. Ideal for investors or owner-occupants, this property offers steady income, character, and convenience — all within one of Minneapolis’s most connected urban neighborhoods. 2721 Columbus Avenue S is more than a building; it’s an opportunity to own a piece of the city’s history and its promising future.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $434,900
    Price per sq ft: $164
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1906
    State: MN
    Property Style: Four Plex
    Zip Code: 55407
    Neighborhood/Area: Phillips West
    Subdivision Name: Woodburn Add

    Interior

    Finished Area: 2,658 ft2
    Living Area: 2,658 ft2
    Ranges: Four
    Refrigerators: Four
    Basement Details:
    • Full
    • Shared Access
    • Storage Space
    • Storage/Locker
    • Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Size: 800 ft2
    Foundation Size: 2,700 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Detached
    • Multiple Garages
    • Storage
    Shared Amenities:
    • Laundry
    • Lobby Entrance
    • Other
    • Security Lighting
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.12
    Geolocation: 44.953014, -93.263539
    Lot Dimensions: 42 x 123
    Lot Description:
    • Many Trees
    • Public Transit (w/in 6 blks)

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: $1,642
    Annual Insurance Expense: $3,738
    Annual Maintenance Expense: None
    Annual Gross Expense: $16,794
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $6,270
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $5,916
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $5,916

    Income

    Annual Gross Income: $34,325

    Units

    Total Units: 4

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Realty Integrity Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.