For Sale: Minneapolis MLS# 7134387
Active
NEW!
$484,900
Multi-family: Triplex
8 br • 3 ba • Built 1900
2,850 sqft • 0.17 acres
Minneapolis schools
MLS# 7134387
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Property Description
Welcome to this amazing triplex in South Minneapolis! Make this your next investment property or make one of the units your next home and collect rent at the same time! Property has been well taken care of and two of the tenants have been there for over 2 years! Large lot with 6 parking spaces in the back! Central Minneapolis location, close to parks, shopping, and entertainment. Don't wait and make this your next home or rental property!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$484,900
Price per sq ft:
$170
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Triplex
Zip Code:
55407
Neighborhood/Area:
54
Subdivision Name:
Merriam & Shaws Add
Interior
Bedrooms:
8
Bathrooms:
3
Finished Area:
2,850 ft2
Living Area:
2,850 ft2
Basement Details:
- Block
- Unfinished
Exterior
Stories:
More Than 2 Stories
Garage Spaces:
0
Garage Dimensions:
0
Garage Door Height:
0
Garage Door Width:
0
Foundation Size:
1,100 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Parking Lot
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
44.950643, -93.254118
Lot Dimensions:
58 x 127.5
Zoning:
Residential-Multi-Family
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:
2026
Annual Taxes:
$9,002
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$11,730
Income
Annual Gross Income:
$58,680
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Annual Net Income:
$54,480
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 Algo 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.