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Active NEW!
$499,900
/mo Edit
Multi-family:  Triplex
6 br • 3 ba • Built 1979
3,144 sqft • 0.13 acres
Minneapolis schools
MLS# 7056732
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    Property Description

    Large, updated triplex in a prime location. The upper unit offers two spacious bedrooms, the main floor unit features two bedrooms with vaulted ceilings and a separate dining area, and the lower level unit includes two bedrooms with a comfortable layout. Built in 1979, this newer multi-family property has been well maintained with a new roof, fresh exterior paint, and updates throughout. All units feature LVP flooring, along with modernized kitchens including updated cabinets, counters, and appliances. Situated on a corner lot with a large backyard, the property offers private entrances for each unit, separate laundry and storage areas, and coin-operated laundry for additional income. Street parking is available.

    Listing

    Contingency: None
    Price per sq ft: $159
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55408
    Neighborhood/Area: 11
    Subdivision Name: Wolvertons Add

    Interior

    Living Area: 3,144 ft2
    Refrigerators: Three
    Basement Details:
    • Block
    • Egress Window(s)
    • Finished
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,372 ft2
    Fencing: Full
    Handicap Accessible: None
    Heating System: Forced Air
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry:
    • Common Area
    • In Basement

    Lot & Land

    Acres: 0.13
    Geolocation: 44.944798, -93.272442
    Lot Dimensions: 45 x 128
    Lot Description: Corner Lot

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,912
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,912

    Income

    Annual Gross Income: $5,400

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    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!

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