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All-Brick Quadplex
For Sale
$550,000

2621 2nd Ave S, Minneapolis, MN 55408

Four-unit property with separate utility metering and paved on-site parking.

Property Size3,836 SF
Price / SF$143.38
Days on Market53

Property Features for 2621 2nd Ave S

General Information

Standard status Active
Size 3,836 SF
Total Parking Spaces 8
Property subtype Residential Income

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $12,384

Building Details

Buildings 1
Construction brick
Listing Agency: Coldwell Banker Realty
Listed By: Lori P Schneck
Source: Exprealty
Added: Jun 20 Changed: Aug 7 Last Checked: Aug 11 at 1:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 3,836-square-foot quadplex at 2621 2nd Ave S is constructed entirely of brick and includes four residential units. The property has newer windows, roofing, and soffits, along with an unfinished basement. Each unit is served by separate boilers, hot water, and electric meters.

A paved parking area accommodates up to 8 cars. One unit is expected to be available in August, providing a potential owner-occupancy option. The property is located in Minneapolis’ Whittier neighborhood. Showings require 24 hours’ notice, and initial access is limited to the lot and common areas.

Key Highlights

  • 3,836 SF all‑brick quadplex in Minneapolis’ Whittier neighborhood
  • Newer windows, roof, and soffits
  • Separate boilers, hot water, and electric meters for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Pet Store & Service Restaurant Pet Grooming Service Locksmith Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,096
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with separate utility metering and paved on-site parking.
Where is this quadplex located?
The property is located at 2621 2nd Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,836 SF all‑brick quadplex in Minneapolis’ Whittier neighborhood; Newer windows, roof, and soffits; Separate boilers, hot water, and electric meters for each unit
More about this property
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