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For Sale:  Minneapolis MLS# 7083267

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Active NEW!
$399,900
/mo Edit
Multi-family:  Triplex
5 br • 3 ba • Built 1898
3,000 sqft • 0.14 acres
Minneapolis schools
MLS# 7083267
763-576-8286
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    Property Description

    Unique Triplex with 3 units fully occupied and eligible for FHA loan assumption for an owner-occupant! Enjoy the peaceful backyard that is fully enclosed with a wooden fence and features a patio. Perfect for dog owners. This building has plenty of space including a partially finished full basement, a 12x12 flex room in the backyard and a workshop attached to garage. Units have been nicely maintained and are rent ready! This is the perfect spot for an owner who would like to cut their living expenses by occupying 1 unit. $3725.00 gross monthly rents. Front unit adjacent to the street is licensed as an accessory dwelling unit.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $399,900
    Price per sq ft: $133
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1898
    State: MN
    Property Style: Triplex
    Zip Code: 55407
    Neighborhood/Area: 16
    Subdivision Name: Minnehaha Add

    Interior

    Bedrooms: 5
    Bathrooms: 3
    Finished Area: 3,000 ft2
    Living Area: 3,000 ft2
    Refrigerators: Three
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 20x20
    Garage Size: 400 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Foundation Size: 690 ft2
    Foundation Dimensions: 30x23
    Fencing: Full, Wood
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    Parking Features:
    • Concrete
    • Detached Garage
    Shared Amenities: Deck
    Road Frontage: City Street
    Exterior Material: Concrete
    Roof Details:
    • Age Over 8 Years
    • Asphalt
    • Flat

    Rooms

    Shared Rooms:
    • Community Room
    • Other
    Laundry: In Basement

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.14
    Geolocation: 44.943195, -93.246995
    Lot Dimensions: 50 x 125
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    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
    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,815
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $8,749

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

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