For Sale: Minneapolis MLS# 6795761
Active
NEW!
$950,000
Multi-family: Triplex
Built 2005
4,900 sqft • 0.13 acres
Minneapolis schools
MLS# 6795761

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Property Description
Seize a remarkable chance to own a triplex in the desirable Uptown Minneapolis, built in 2005. This property features three generously sized units with thoughtful layouts, perfect for both investors and those looking to reside in a vibrant community. Each unit is equipped with updated kitchen and bathrooms, in-unit laundry, large closets, separate utilities and a garage stall for each unit, providing hassle-free parking for residents. Additionally, a bonus studio apartment adds a non-conforming fourth unit, offering flexibility for extra rental income or an ideal home office/studio. Situated in a lively area filled with trendy shops, dining options, and parks, this triplex represents a unique blend of modern living and investment potential—don’t let this opportunity pass you by!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$950,000
Price per sq ft:
$194
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
2005
State:
MN
Property Style:
Triplex
Zip Code:
55408
Neighborhood/Area:
Lyndale
Subdivision Name:
Bakers Add
Interior
Finished Area:
4,900 ft2
Living Area:
4,900 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
- Block
- Egress Window(s)
- Finished
Exterior
Stories:
Two
Garage Spaces:
3
Garage Dimensions:
20x30
Garage Size:
600 ft2
Foundation Size:
1,800 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Detached
Shared Amenities:
None
Road Frontage:
City Street
Exterior Material:
- Brick/Stone
- Vinyl Siding
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.13
Geolocation:
44.93893, -93.284707
Lot Dimensions:
45 x 129
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$440
Annual Fuel Expense:
None
Annual Insurance Expense:
$6,138
Annual Maintenance Expense:
$1,650
Annual Gross Expense:
$15,981
Annual Trash Expense:
$1,386
Annual Water/Sewer Expense:
$4,067
Tenant Expenses:
Other
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,312
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,312
Income
Annual Gross Income:
$91,500
Misc. Annual Income:
None
Misc. Monthly Income:
None
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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Listing provided by RMLS,
courtesy of Real Broker, LLC.
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.