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Active NEW!
$429,900
/mo Edit
Multi-family:  Triplex
6 br • 4 ba • Built 1979
3,600 sqft • 0.46 acres
Belle Plaine schools
MLS# 7135782
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    Property Description

    Excellent investment opportunity in the heart of Belle Plaine! This well-designed triplex offers three separate rental units, making it a great addition to an investment portfolio or a potential owner-occupied property with income from the additional units. The upper-level unit features four bedrooms, two bathrooms, a kitchen, spacious living room, and its own laundry room. Two private decks provide additional outdoor living space and plenty of room to relax or entertain. The two lower-level units each offer one bedroom, a full kitchen, bathroom, living room, and in-unit laundry. Both units also include a private backyard patio, giving each tenant a dedicated outdoor space to enjoy. Conveniently located near downtown Belle Plaine, schools, parks, shopping, dining, and other community amenities. With three functional units, private laundry and outdoor space for each, an established rental history, this property offers immediate income potential and long-term versatility. Don’t miss this opportunity to own a unique multi-unit property in a growing community!

    Listing

    Contingency: None
    Price per sq ft: $119
    City: Belle Plaine
    County: Scott
    State: MN
    Property Style: Triplex
    Zip Code: 56011
    Subdivision Name: City Of Belle Plaine

    Interior

    Living Area: 3,600 ft2
    Refrigerators: Three
    Basement Details:
    • Daylight/Lookout Windows
    • Finished
    • Full
    • Walkout

    Exterior

    Stories: One
    Garage Spaces: 0
    Foundation Size: 1,800 ft2
    Handicap Accessible: None
    Heating System: Baseboard
    Parking Features: Paved Lot
    Road Frontage: County Road
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    Laundry: In Unit

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.46
    Geolocation: 44.625452, -93.775302
    Lot Dimensions: 0.46 ACRE
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Farm

    Topography: Sloped, Walkout

    Schools

    School District: 716
    District Phone: 9528732400

    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
    Tenant Expenses: Broadband, Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,786
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,786

    Income

    Annual Gross Income: None

    Rent

    Annual Net Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Electric
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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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 RE/MAX Experience.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.