$ 300,000 $ 340,000 11.8%

2404 Stevens AVE

Minneapolis, MN 55404

  • 2,780 SqFt
  • 6,098 Lot Size
  • 1900 Year Built
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.
Listed by Todd Priebe of Re/Max Advantage Plus

PROPERTY DETAIL

  • Key Details

    Sold Price $300,000

    Property Type Single Family Home

    Sub Type Other

    Listing Status Sold

    Purchase Type For Sale

    Square Footage 2, 780 sqft

    Price per Sqft $107

    MLS Listing ID 6721657

    Sold Date 10/27/25

    Year Built 1900

    Annual Tax Amount $9,483

    Tax Year 2025

    Contingent None

    Lot Size 6,098 Sqft

    Acres 0.14

    Lot Dimensions 47x125x47x125

    Property Sub-Type Other

  • Location

    State MN

    County Hennepin

    Zoning Business/Commercial

  • Rooms

    Basement Finished

  • Building

    Story Two

    Foundation 990

    Sewer City Sewer/Connected

    Water City Water/Connected

    Level or Stories Two

    Structure Type Brick/Stone

    New Construction false

  • Interior

    Heating Forced Air

    Fireplace No

  • Exterior

    Parking Features On-Street Parking Only

    Fence None

  • Schools

    School District Minneapolis

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CONTACT

Todd Priebe
Todd Priebe

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