2721 Columbus AvenueMinneapolis, MN 55407
$399,900
2 bedrooms · 4 bathrooms · 2,658 finished sq ft · 0.12 acre lot
About this home
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 one 1-bedroom units, one 1-bedroom + Den/2nd bedroom unit, and two studio units, each with a full bath and kitchens. The largest unit #3 is the largest and has a den which could be used as a 2nd bedroom! 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 (4) 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.
Home facts
- Home type
- Townhome
- Style
- Quadruplex
- Year built
- 1906
- Bedrooms
- 2
- Bathrooms
- 4
- Finished sq ft
- 2,658
- Lot
- 0.12 acres
- Garage
- 4 stalls
- Basement
- Full, Storage Space, Unfinished
- Heating
- Natural Gas
- Property taxes
- $5,916 a year
- Listed
- September 8, 2026
- MLS number
- 7140287
Listing courtesy of Keller Williams Realty Integrity Lakes (Timothy L Fisher). MLS #7140287.
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How it compares
2721 Columbus Avenue, Minneapolis, MN 55407 is a 2-bedroom townhome built in 1906 in Phillips West, listed for $399,900 on September 8, 2026 by Keller Williams Realty Integrity Lakes. That is in the lower quarter of the 28 townhomes for sale in Minneapolis right now (median $629,500; $150 per square foot here against $183 for the group). That works out to $150 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Phillips West, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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