Mount Royal Apartments 2641 Hennepin Ave 8 Unit Apartment Building $2,059,305 CAD ($257,413 CAD/Unit) Minneapolis, MN 55408

2641 Hennepin Ave presents an exceptional opportunity to acquire a well-located 8-unit apartment building along the highly desirable Hennepin Avenue corridor in the heart of Uptown Minneapolis. Positioned within one of the Twin Cities' most established and dynamic multifamily submarkets, the property offers investors a compelling combination of stable in-place income, long-term appreciation potential, and value-add upside in a neighborhood known for its enduring rental demand.
The property's premier location attracts a diverse tenant base of young professionals, graduate students, and urban renters seeking a walkable lifestyle with immediate access to Uptown's vibrant dining, retail, and entertainment scene. Residents are just minutes from Lake of the Isles, Bde Maka Ska, Cedar Lake, and the Midtown Greenway, while also benefiting from convenient access to Downtown Minneapolis, major employment centers, and an extensive public transportation network.
Supported by strong market fundamentals and a highly desirable urban location, 2641 Hennepin Ave provides investors with the opportunity to generate reliable cash flow while unlocking additional value through strategic rent growth and operational improvements. Whether acquired as a long-term hold or a value-add investment, this asset represents a rare opportunity to own a quality multifamily property in one of Minneapolis' most recognizable and consistently sought-after rental markets.