For Sale: Minneapolis MLS# 7126117
Active Contingent
NEW!
$325,000
Multi-family: Triplex
5 br • 3 ba • Built 1910
2,382 sqft • 0.13 acres
Minneapolis schools
MLS# 7126117
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Property Description
Exceptional opportunity to own a versatile, well-maintained triplex in a prime Minneapolis location near I-35W, public transportation, parks, shopping, and dining. This fully finished two-story property offers three separate living areas with independent entrances, spacious bedrooms, and a full bathroom on every level. The flexible layout is ideal for investors, owner-occupants, multigenerational living, or house-hacking opportunities. Enjoy a private fenced backyard with plenty of space for relaxing and entertaining. A unique Minneapolis property offering flexibility, convenience, and excellent income potential.
Listing
Listing Status:
Active Contingent
Contingency:
Inspection
List Price:
$325,000
Price per sq ft:
$136
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1910
State:
MN
Property Style:
Triplex
Zip Code:
55408
Neighborhood/Area:
11
Subdivision Name:
Clinton Ave Add
Interior
Bedrooms:
5
Bathrooms:
3
Finished Area:
2,382 ft2
Living Area:
2,382 ft2
Basement Details:
- Egress Window(s)
- Finished
- Full
- Kitchenette
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
766 ft2
Foundation Dimensions:
28.5x26.9
Handicap Accessible:
None
Heating System:
Forced Air
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.938272, -93.271105
Lot Dimensions:
42 x 130
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$1,440
Annual Fuel Expense:
$720
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,440
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$4,241
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,241
Income
Annual Gross Income:
$49,200
Rent
Annual Net Income:
$46,200
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
Yes
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 HomeSmart Sapphire Realty.
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.