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Hencen Apartments apartments in Minneapolis, MN

Updated

Hencen Apartments

455 Central Ave SE, Minneapolis, MN 55414, USA

Live pricing, refreshed

15
Units Listed
$1,377
Starting at
$1,956
Average
$2,695
Highest
$2.88
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Marcy-Holmes rent trends

Beds

Pricing by Bedroom

Studio
$1,420
from $1,377 · 4 units
~460 sqft avg
1 Bed
$1,871
from $1,782 · 4 units
~640 sqft avg
2 Bed
$2,312
from $2,055 · 7 units
~825 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (15)

Largest 8 movers of 15

Last 15 days

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

$116K

$1.4M annual run rate

Modeled estimate

Est. Occupancy

82%

of about 84 units (modeled from leasing activity)

Effective Rent on New Leases

$1,684

vs $1,956 current asking ($272 negotiation gap)

Recent Lease Activity

84 units tracked; 69 assumed leased, 15 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

15

Good availability

14 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.

Available Units

15 units
Studio / 1 Bath A10
$1,377/mo
441 ft² · $3.12/ft² · #725
Up $50 since Jul 31 (was $1,327)
Studio / 1 Bath A13
$1,382/mo
452 ft² · $3.06/ft² · #609
Studio / 1 Bath A19
$1,459/mo
474 ft² · $3.08/ft² · #612
Up $72 since Jul 31 (was $1,387)
Studio / 1 Bath A19
$1,461/mo
474 ft² · $3.08/ft² · #619
Up $70 since Jul 31 (was $1,391)
1 Bed / 1 Bath B8
$1,782/mo
569 ft² · $3.13/ft² · #613
Down $27 since Jul 31 (was $1,809)
1 Bed / 1 Bath B11
$1,833/mo
585 ft² · $3.13/ft² · #715
1 Bed / 1 Bath L2
$1,856/mo
678 ft² · $2.74/ft² · #105
Up $25 since Jul 8 (was $1,831)
1 Bed / 2 Bath L5
$2,011/mo
727 ft² · $2.77/ft² · #104
Up $25 since Jul 8 (was $1,986)
2 Bed / 1 Bath C4
$2,055/mo
667 ft² · $3.08/ft² · #817
2 Bed / 1 Bath C14
$2,099/mo
705 ft² · $2.98/ft² · #804
Up $2 since Jul 31 (was $2,097)

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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