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Jenn Smart

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2721 Columbus Ave , Minneapolis, MN 55407
$399,900
Est. Payment: $2,048.06/mo
2 Bed
4 Bath
2658 Sqft
Status: Active | Days on site: 2
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6582 - 502050695,502016278
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House Description

Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of two 1-bedroom units and two studio units, each with a full bath. Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential. Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.

Highlights

Listed by Timothy L Fisher , 612-978-2299 and The Graham Smith Team , 612-414-5614 Keller Williams Realty Integrity Lakes , 612-821-7400. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Multi-Family

Lot/Acreage
0.12

Year Built

1906

County

Hennepin

Neighborhood

Woodburn Add

School District

Minneapolis

Listing ID

7140287

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:4
  • Full Bathrooms:4
Above Ground Sq Ft:2658
Below Ground Sq Ft:0
Basement:Full,Shared Access,Storage/Locker,Storage Space,Unfinished
Water:City Water/Connected

Exterior Features

Lot:Public Transit (w/in 6 blks),Tree Coverage - Medium,Chain Link,Wood
Lot Dimensions:42x123
Roof:Age 8 Years or Less
Sewer:City Sewer/Connected
Parking Features:Detached Garage,Multiple Garages,Storage

Open House

Upcoming Open Houses
Saturday 12:00 pm - 2:00 pm Sep 12
Principal Interest
$2,048
Taxes
$493

Home Price

$399,900

Loan Details

30 yrs
6.623%

Down Payment

20%
$79,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,048.06

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,048.06 $493.00 $0.00 $2,541.06
Yearly $24,576.72 $5,916.00 $0.00 $30,492.72
Total $737,301.52 $177,480.00 $0.00 $914,781.52
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Minneapolis, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-10T09:03:07.000Z

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