NOT LISTED FOR SALE

2925 2nd Ave S Minneapolis, MN 55408

Phillips West Neighborhood
4 Beds
4 Baths
2,992 Sq Ft
5,227 Sq Ft Lot

About This Home

Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all units. This property presents excellent cash flow potential with projected rents at $1,200-$1,400/mo. Additional highlights include four off-street parking spaces, a convenient location near downtown, highways, and transit, and plenty of value-add potential for investors looking to grow their portfolio.

Range of Values:

Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $375,000 -- $125 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jamie Hall

    Seller's Agent in 2025

    Jamie Hall

    Keller Williams Realty Integrity Lakes

    (507) 837-9334

    52 Total Sales

    Jamie Hall
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Map

Minnesota Hennepin County Minneapolis 55408 Phillips West

2925 2nd Ave S, Minneapolis, MN

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