$425,000

Estimated payment $2,817/month

Total Views 1,586
6 Beds
3 Baths
2,052 Sq Ft
$207 Price per Sq Ft

Highlights

  • Patio
  • Forced Air Heating System
  • Coin Laundry

About This Home

Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper!
Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing.
This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management.
Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant.
Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

Listing Agent

Greg Lawrence

HomeAvenue Inc Listed on: 06/17/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1911

Home Design

  • Triplex
  • Flat Roof Shape
  • Aluminum Siding
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,052 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Shared Basement
  • Basement Storage

Additional Features

  • Patio
  • Lot Dimensions are 37x128
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0602823130156

Community Details

Overview

  • 3 Units
  • Auditors Sub 237 Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1911

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Outside Features: Aluminum Siding, Stucco
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1911
  • Above Grade Finished Sq Ft: 2052
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Shared Access, Storage Space, Unfinished
  • Living Area: 2052
  • Basement YN: Yes
  • Total Rooms: 5

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Flat
  • Foundation Details: Concrete Perimeter
  • Neighborhood: 15
  • PatioPorchType: Patio

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Waterfront YN: No
  • Lot Size: 37x128
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 3

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 0602823130156
  • Tax Annual Amount: 6418
  • TaxWithAssessments: 9960

Multi Family

  • FuelExpense: 487
  • Number Of Refrigerators: Three

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,961 $338,000 $137,000 $201,000
2024 $9,495 $333,000 $137,000 $196,000
2023 $9,424 $369,000 $137,000 $232,000
2022 $5,352 $326,000 $117,000 $209,000
2021 $4,901 $315,000 $88,000 $227,000
2020 $5,303 $300,000 $64,500 $235,500
2019 $4,946 $300,000 $43,000 $257,000
2018 $4,502 $272,500 $43,000 $229,500
2017 $4,602 $245,500 $39,100 $206,400
2016 $3,570 $215,000 $39,100 $175,900
2015 $3,036 $187,000 $39,100 $147,900
2014 -- $162,500 $39,100 $123,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 For Sale $425,000 -- $207 / Sq Ft
Source: NorthstarMLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $242,600 Fsa Title Services Llc
Warranty Deed $176,000 Burnet Title
Deed $176,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $210,000 Commercial
Previous Owner $155,200 Construction
Previous Owner $171,000 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7094932

NorthstarMLS

APN: 06-028-23-13-0156

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