2404 Stevens Avenue, Minneapolis, MN 55404
Local realty services provided by:Better Homes and Gardens Real Estate First Choice
2404 Stevens Avenue,Minneapolis, MN 55404
$340,000
- - Beds
- - Baths
- 2,780 sq. ft.
- Multi-family
- Active
Listed by:todd e. priebe
Office:re/max advantage plus
MLS#:6721657
Source:NSMLS
Price summary
- Price:$340,000
- Price per sq. ft.:$122.3
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:6721657
- Added:136 day(s) ago
- Updated:September 29, 2025 at 01:43 PM
Rooms and interior
- Living area:2,780 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:2,780 sq. ft.
- Lot area:0.14 Acres
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$340,000
- Price per sq. ft.:$122.3
- Tax amount:$9,483 (2025)
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