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$325,000
7 Beds
4 Baths
3,456sqft
3245 Penn Ave N, Minneapolis, MN 55412
$325,000
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Quadruplex
Built in 1925
$-- HOA
0.16 acre lot
$94/sq.ft
Description
Excellent value-add opportunity in North Minneapolis. This classic 1925 fourplex offers strong upside for an investor or contractor looking to restore a solid multifamily asset and bring it back into cash-flowing condition. The building is currently vacant and being sold as-is.
The property experienced a fire in one unit and the front entry, and remediation work has already begun. Based on available information, the majority of the remaining work appears to be smoke and cosmetic restoration, rather than structural in nature. Copper plumbing has been removed, so water is currently off, creating a clear but straightforward scope of work for the next owner.
Previously, the...
- Houzeo last checked: 24 Minutes ago
- Listing updated: December 17, 2025 at 4:49 pm
- Listing Provided by: | First Select
- Source: Northstar MLS-MN | MLS#: 7000803
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1925
HOA Fees
-
Finished Area
3,456 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7000803
Days on Market
2
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