2404 Stevens Avenue South

Minneapolis MN 55404

2780 sq. ft.

0.14 sq. ft.

Other

Last sold for $300,000

Todd Priebe, last sold this property on 27 October 2025 after 164 days on market.

Overview

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.

Features

2780 sq. ft. floor area

0.14 sq. ft. lot size

Other

Estimated Value

Based on this property and similar other properties sold in Minneapolis over the last 12 months, the estimated median property value of 2404 Stevens Avenue South is $300k.

Median value

$300k

Estimated value range

$159.9k - $1.49m

Median days on market

Estimated value trend

-38%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Minneapolis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2404 Stevens Avenue South

2025

Sold

$300,000

27 Oct 2025 by Todd Priebe, of RE/MAX Advantage Plus

Happy sellers in Minneapolis

We have insufficient information to provide an overview of customer satisfaction for Minneapolis. Viewing the agent profiles, reviews and sales for Minneapolis can provide insights for this location.