5-Unit Apartment
For Sale
$800,000
2715 Hennepin Ave, Minneapolis, MN 55408
Five-unit apartment building on Hennepin Avenue in Uptown Minneapolis with ongoing in-place income.
Property Size5,528 SF
Days on Market48
Property Features for 2715 Hennepin Ave
General Information
Standard status
Active
Size
5,528 SF
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
5
Building Details
Building Size
5,528 SF
Year Built
1904
Tenancy
Multi
Listing Agency:
(651) 353-3657
Listed By:
Cody Smith
Source:
Kisergroup
Added: Jul 9
Changed: Aug 15
Last Checked: Aug 25 at 6:19AM
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 Cody Smith
Investment Insights
Based on property information with market context.
This offering features a 5-unit apartment building located along Hennepin Avenue in Uptown Minneapolis. The property is positioned for immediate rental income and is presented as an opportunity for value-add through strategic asset management aimed at improving rental income and Net Operating Income over time.
The building benefits from its placement within a well-established multifamily corridor and is described as walkable to Uptown dining, coffee shops, breweries, grocery stores, boutique shopping, and neighborhood amenities. It is also noted as being minutes from Lake of the Isles, Bde Maka Ska, Cedar Lake, and the Midtown Greenway.
With its compact 5-unit configuration and durable demand described for well-located Uptown apartments, the property is offered as a long-term multifamily investment in an area characterized by strong rental fundamentals and ongoing interest from both students and long-term renters.
The building benefits from its placement within a well-established multifamily corridor and is described as walkable to Uptown dining, coffee shops, breweries, grocery stores, boutique shopping, and neighborhood amenities. It is also noted as being minutes from Lake of the Isles, Bde Maka Ska, Cedar Lake, and the Midtown Greenway.
With its compact 5-unit configuration and durable demand described for well-located Uptown apartments, the property is offered as a long-term multifamily investment in an area characterized by strong rental fundamentals and ongoing interest from both students and long-term renters.
Key Highlights
- 5‑unit apartment building on Hennepin Avenue in Uptown Minneapolis.
- Year built: 1904.
- Located along the Hennepin Avenue corridor in Minneapolis.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,013
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit apartment building on Hennepin Avenue in Uptown Minneapolis with ongoing in-place income.
Where is this apartment building located?
The property is located at 2715 Hennepin Ave Minneapolis, MN.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 5‑unit apartment building on Hennepin Avenue in Uptown Minneapolis.; Year built: 1904.; Located along the Hennepin Avenue corridor in Minneapolis.
