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Hencen Apartments apartments in Minneapolis, MN

Updated

Hencen Apartments

455 Central Ave SE, Minneapolis, MN 55414

Live pricing, refreshed

27
Units Listed
$1,247
Starting at
$1,751
Average
$2,391
Highest
$2.87
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Minneapolis, MN rent trends

Beds

Pricing by Bedroom

Studio
$1,382
from $1,247 · 9 units
~447 sqft avg
1 Bed
$1,780
from $1,638 · 6 units
~592 sqft avg
2 Bed
$2,013
from $1,568 · 12 units
~742 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (66)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$682K

$8.2M annual run rate

Modeled estimate

Est. Occupancy

94%

of about 441 units (modeled from leasing activity)

Effective Rent on New Leases

$1,647

vs $1,751 current asking ($104 negotiation gap)

Recent Lease Activity

77 units tracked; 50 assumed leased, 27 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

27

Very high availability

21 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Marcy-Holmes

Neighborhood

Comparing 7 apartments in Marcy-Holmes. Click any bar to view that building.

Available Units

27 units
Studio / 1 Bath A6
$1,247/mo
423 ft² · $2.95/ft\u00B2 · #329
Studio / 1 Bath A9
$1,340/mo
431 ft² · $3.11/ft\u00B2 · #631
Studio / 1 Bath A14
$1,360/mo
463 ft² · $2.94/ft\u00B2 · #306
Studio / 1 Bath A10
$1,362/mo
441 ft² · $3.09/ft\u00B2 · #725
Studio / 1 Bath A2
$1,407/mo
397 ft² · $3.54/ft\u00B2 · #801
Studio / 1 Bath A13
$1,407/mo
452 ft² · $3.11/ft\u00B2 · #809
Studio / 1 Bath A19
$1,422/mo
474 ft² · $3.00/ft\u00B2 · #612
Studio / 1 Bath A19
$1,426/mo
474 ft² · $3.01/ft\u00B2 · #619
Studio / 1 Bath A16
$1,466/mo
467 ft² · $3.14/ft\u00B2 · #707
2 Bed / 1 Bath C8
$1,568/mo
683 ft² · $2.30/ft\u00B2 · #618

Train activity

Trains close by

Freight line 1,003 ft away

  • Trains pass infrequently
  • Crossing 1,003 ft away. Horns expected during the day.
  • Operator: BNSF

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Minneapolis, MN notes

No resident notes for this property yet.

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