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For Sale:  Minneapolis MLS# 6725446

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Active
$699,500
/mo Edit
Multi-family:  Triplex
Built 1931
4,360 sqft • 0.13 acres
Minneapolis schools
MLS# 6725446
763-576-8286
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    Property Description

    Prime Investment Opportunity in South Minneapolis! This fully occupied triplex is ideally located just steps from Minnehaha Trail, local coffee shops, and top restaurants. The property features 3 spacious units totaling 8 bedrooms and 5 bathrooms, with one unit currently on a month-to-month lease—offering flexibility for future plans. Highlights include beautiful hardwood floors throughout, a newly renovated basement unit, and a brand-new garage. A rare chance to own a turnkey income property in one of the city’s most walkable and desirable neighborhoods. Owner is the listing agent.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $699,500
    Price per sq ft: $160
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1931
    State: MN
    Property Style: Triplex
    Zip Code: 55407
    Neighborhood/Area: Regina

    Interior

    Finished Area: 4,360 ft2
    Living Area: 4,360 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Full
    • Partially Finished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22'x19'
    Garage Size: 418 ft2
    Foundation Size: 1,560 ft2
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Fireplace(s)
    • Hot Water
    Parking Features: Attached Garage
    Shared Amenities:
    • Coin-op Laundry Owned
    • Porch
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    Exterior Material: Stucco
    Roof Details:
    • Asphalt
    • Pitched

    Lot & Land

    Acres: 0.13
    Geolocation: 44.922354, -93.267211
    Lot Dimensions: 50 x 117
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $8,775
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,775

    Income

    Annual Gross Income: $64,800

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of National Realty Guild.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.