For Sale: Minneapolis MLS# 6781697
Active
NEW!
$440,000
Multi-family: Triplex
Built 1912
2,736 sqft • 0.15 acres
Minneapolis schools
MLS# 6781697
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Property Description
Solid Minneapolis triplex with a strong rental history and consistent cash flow. Features one spacious 3BR unit plus
two efficient studios. Roof under 10 years, updated bathrooms, forced-air heat, and separate gas/electric utilities.
Classic hardwood floors, inviting front porches, 2-car garage plus one additional off-street parking. Desirable location
just minutes to downtown, Bryn Mawr Park, Wirth Park, Utepils Taproom, the Farmers Market, and Metro transit.
Well-maintained with steady rental demand-ideal for investors seeking a turnkey portfolio addition with long-term
upside. Seller will offer 1% point towards a buyer's interest rate buy-down with an acceptable offer.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$440,000
Price per sq ft:
$161
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1912
State:
MN
Property Style:
Triplex
Zip Code:
55405
Neighborhood/Area:
Harrison
Interior
Finished Area:
2,736 ft2
Living Area:
2,736 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
- Daylight/Lookout Windows
- Full
- Owner Access
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
528 ft2
Foundation Size:
1,368 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached
Exterior Material:
- Stucco
- Wood Siding
Lot & Land
Acres:
0.15
Geolocation:
44.97967, -93.30165
Lot Dimensions:
45 x 145
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
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:
$3,000
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,840
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,840
Income
Annual Gross Income:
$44,400
Units
Total Units:
3
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.