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$355,500

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
  • 2 Car Garage
See This Home
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Charming 1910-built 4-plex, owned for 14 years, is the perfect investment opportunity. Each of the four 1-bedroom, 1-bathroom units boasts hardwood floors, an open-concept living and dining area, and timeless character. Located just minutes from downtown Minneapolis with easy highway access, residents will love being close to lakes, trails, shops, restaurants, and cafes. The property features a newer roof (less than 8 years old), a 2-stall garage, and three additional parking spaces, offering potential for extra income. Four storage units, two currently rented out, further enhance income potential. With leases set to renew (three expiring in October and one in December), this property has a proven history of always being rented. Priced competitively for a quick sale, don't miss out on this investment opportunity!

Full Property Details for 2929 2nd Ave S

General

  • Sold For: $355,500
  • Taxes: $7,312 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6603537
  • Added to Site: 490 day(s) ago

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Asphalt, More Parking Offsite for Fee

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Financial Considerations

  • Tax Amount: $7,312
  • Tax Year: 2024
  • Terms: Conventional, Cash
  • Owner Pays: Fuel, Sewer, Taxes, Trash Collection
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 018 BLOCK 001 BOULEVARD ADDN TO MPLS
  • Property ID: 3402924430018

Meet the listing agent

Meet the listing agent
— 2929 2nd Ave S —

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 2929 2nd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Whittier International
315 West 26th St, Minneapolis, MN 55404
PK-50.6 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.8 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2929 2nd Ave S

Date
Details
Price
Change
Source
11/14/2024
Sold
$355,500
-6.45%
MLS
9/20/2024
Listed
$380,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

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5110 Washington St NE, Columbia Heights, MN 55421 - Photo 1 Just Listed
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Price Reduced near 2929 2nd Ave S

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2013 Gettysburg Ave N, Golden Valley, MN 55427 - Photo 1 Price Reduced
-$5,000 (-1.3%)
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2013 Gettysburg Ave N  Golden Valley, MN 55427

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3824 Vera Cruz Ave N, Robbinsdale, MN 55422 - Photo 1 Price Reduced
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Recent Sales near 2929 2nd Ave S

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2925 2nd Ave S, Minneapolis, MN 55408 - Photo 1 Sold
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2925 2nd Ave S  Minneapolis, MN 55408

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2929 2nd Avenue S, Minneapolis, MN 55408 (MLS# 6603537) is a Multi-Family property that was sold at $355,500 on November 14, 2024. This property was listed by Carissa Kemnitz from our Wayzata Office.Want to learn more about 2929 2nd Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.