Minneapolis Quadplex with Expansion
For Sale
Contact for pricing
2800 Stevens Ave., Minneapolis, MN 55408
Quadplex in Minneapolis with potential for a sixth unit.
Property Size4,800 SF
Price / SF$115.63
Days on Market200
Property Features for 2800 Stevens Ave.
General Information
Standard status
Active
Size
4,800 SF
Total Parking Spaces
6
Property subtype
Multifamily
Occupancy
80%
Building Details
Year Built
1969
Stories
3
Units
5
Listing Agency:
The Bridge Realty
(952) 368-0021
Listed By:
Steven Pierce · License #MN
Source:
Crexi
Added: Jan 23
Changed: Aug 10
Last Checked: Aug 11 at 8:54AM
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 The Bridge Realty
Investment Insights
Based on property information with market context.
This property is a quadplex located in Minneapolis. The zoning allows for a sixth unit, and there is space in the lower level to potentially add it. The construction of this unit has been started, including a bathroom, some walls, and some ceiling work. The building features a shingle roof. Each unit has individually controlled thermostats for heat. Four of the units are equipped with wall ACs. The yard is fenced and includes two yard lights. The property size is 4800 square feet.
Key Highlights
- Zoning allows for a 6th unit, offering significant income potential.
- A 6th unit has already been partially constructed in the lower level, saving time and initial costs.
- Each unit has individually controlled thermostats for heat, providing tenant comfort and energy efficiency.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,352
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?
Quadplex - Quadplex in Minneapolis with potential for a sixth unit.
Where is this quadplex located?
The property is located at 2800 Stevens Ave. Minneapolis, MN.
What is the asking price?
The asking price for this property is $555,000.
What are key features of this property?
This property features: Zoning allows for a 6th unit, offering significant income potential.; A 6th unit has already been partially constructed in the lower level, saving time and initial costs.; Each unit has individually controlled thermostats for heat, providing tenant comfort and energy efficiency.
