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2721 Columbus Avenue, Minneapolis, MN 55407

$414,900

Property Type: Multi-Family Bedrooms: 2 Baths: 4 Square Footage: 3,936 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $414,900 List Date: 6/01/2026 Last Modified: 6/09/2026

Overview

Description

Welcome to 2721 Columbus Avenue S, a classic Minneapolis fourplex that blends historic charm with strong investment potential. Built in 1906, this well-maintained property showcases timeless craftsmanship and nearly 4,000 sq. ft. of living space across four bright, spacious units.Located on a quiet, tree-lined block in the Phillips West neighborhood, residents enjoy quick access to downtown, the Midtown Greenway, and Powderhorn Park. Ideal for investors or owner-occupants, this property offers steady income, character, and convenience — all within one of Minneapolis’s most connected urban neighborhoods. 2721 Columbus Avenue S is more than a building; it’s an opportunity to own a piece of the city’s history and its promising future.

Listing Details MLS# 7084022

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1906
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1344
Above Ground SqFt: 2658
Below Grd Total SqFt: 1278
Total SqFt: 3936
Foundation Size: 2700
Style: (MF) Four Plex
Total Finished Sqft: 2658.00
Garage Stalls: 4
Lot Dimensions: 42x123
Acres: 0.12
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility; Lobby; Security Lights; Other Basement: Full; Shared Access; Storage Space; Storage/Locker; Unfinished Construction Status: Previously Owned Exterior: Brick/Stone; Stucco Foundation: Brick/Mortar Fuel: Electric; Natural Gas Heating: Boiler Laundry: Lower Level Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Gas; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Multiple Garages; Storage Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Telephone Topography: Level Unit 1 Amenities: Countertops-Solid Surface; Hardwood Floors; Kitchen Window; Natural Woodwork Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Dining Room Description: Eat In Kitchen Unit 2 Amenities: Countertops-Solid Surface; Hardwood Floors; Natural Woodwork Unit 2 Appliances: Range; Refrigerator Unit 2 Cooling: Window Unit 3 Amenities: Countertops-Solid Surface; Hardwood Floors; Kitchen Window; Natural Woodwork Unit 3 Appliances: Range; Refrigerator Unit 3 Cooling: Window Unit 3 Dining Room Description: Eat In Kitchen Unit 4 Amenities: Countertops-Solid Surface; Hardwood Floors; Natural Woodwork Unit 4 Appliances: Range; Refrigerator Unit 4 Cooling: Window Unit 4 Dining Room Description: Eat In Kitchen Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 414900
ListPrice: 414900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2721
Street Name: Columbus
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Woodburn Add

Assessments

Tax With Assessments: 5916
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2658

More Information

Income and Expenses

Annual Caretaker Expense: 1200
Annual Fuel Expense: 1642
Annual Gross Expenses: 16794
Annual Gross Income: 40080
Annual Insurance Expense: 3738
Annual Net Income: 16330
Annual Water/Sewer Expense: 6270
Total Annual Expenses: 11650
Annual Electric Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 800
Multiple Garages: Yes
Storage: Yes

Public Survey Info

Range#: 24
Section#: 35
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2026-07-31
Leased?: Yes
Unit Number: Yes
Annual Rent: 10080
Finished SqFt: 694
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 3

Unit 2

Furnished?: No
Lease Expiration Date: 2026-11-30
Leased?: Yes
Unit Number: 2
Annual Rent: 9600
Finished SqFt: 450
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Rooms: 2

Unit 3

Furnished?: No
Lease Expiration Date: 2026-10-31
Leased?: Yes
Unit Number: 3
Annual Rent: 11400
Finished SqFt: 764
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit 4

Furnished?: No
Lease Expiration Date: 2026-11-30
Leased?: Yes
Unit Number: 4
Annual Rent: 9000
Finished SqFt: 450
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Rooms: 2

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 009 WOODBURN ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 8658
Property ID Number: 3502924320332
Tax Year: 2025
Tax Amount: 5916
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome to 2721 Columbus Avenue S, a classic Minneapolis fourplex that blends historic charm with strong investment potential. Built in 1906, this well-maintained property showcases timeless craftsmanship and nearly 4,000 sq. ft. of living space across four bright, spacious units.Located on a quiet, tree-lined block in the Phillips West neighborhood, residents enjoy quick access to downtown, the Midtown Greenway, and Powderhorn Park. Ideal for investors or owner-occupants, this property offers steady income, character, and convenience — all within one of Minneapolis’s most connected urban neighborhoods. 2721 Columbus Avenue S is more than a building; it’s an opportunity to own a piece of the city’s history and its promising future.
Directions: 26th to Columbus, S to property.

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes
Lobby: Yes
Security Lights: Yes
Other: Yes

Basement

Full: Yes
Shared Access: Yes
Storage Space: Yes
Storage/Locker: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes
Stucco: Yes

Foundation

Brick/Mortar: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Boiler: Yes

Laundry

Lower Level: Yes

Lot Description

Public Transit (w/in 6 blks): Yes
Tree Coverage - Medium: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Topography

Level: Yes

Water

City Water/Connected: Yes

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Telephone: Yes

Unit 1 Amenities

Countertops-Solid Surface: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 2 Amenities

Countertops-Solid Surface: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Cooling

Window: Yes

Unit 3 Amenities

Countertops-Solid Surface: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Natural Woodwork: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Cooling

Window: Yes

Unit 3 Dining Room Description

Eat In Kitchen: Yes

Unit 4 Amenities

Countertops-Solid Surface: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Cooling

Window: Yes

Unit 4 Dining Room Description

Eat In Kitchen: Yes

Listing Office: Keller Williams Realty Integrity Lakes

Last Updated: June - 09 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.