$475,000

4376 Upper 71st St E Inver Grove Heights, MN 55076

Estimated payment $2,867/month

5 Beds
3 Baths
2,560 Sq Ft
$186 Price per Sq Ft

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Coin Laundry
  • No Interior Steps

About This Home

Rare suburban triplex in a premier Inver Grove Heights location — an exceptional find for investors seeking stable, long-term cash flow outside the city core.
This well-maintained 3-unit property sits on a spacious lot in one of the south metro's most livable communities, just minutes from the Mississippi River and surrounded by an impressive array of recreational amenities. Residents enjoy walkable access to a brand-new city park featuring a playground and splash pad, Swing Bridge Park, and a neighborhood dog park — the kind of lifestyle draw that keeps quality tenants in place year after year.
The property's long-term occupancy history speaks for itself: stable residents, consistent income, and minimal turnover. With gross monthly rents of $3,420, this is a turnkey cash-flowing asset with no heavy lifting required from day one.
The oversized lot offers exceptional flexibility — ample space for outdoor storage, recreational vehicles, or equipment, a rare perk in suburban multifamily that tenants genuinely value and that sets this property apart from anything comparable in the area.
Triplexes in suburban locations like Inver Grove Heights almost never come to market. If you've been waiting for a multifamily opportunity that offers the stability of suburban demographics with the income profile of a true investment property, this is it.
Also available is the next-door vacant lot at 7177 River Rd. Sold separately or together.

Listing Agent

John Stiles

Listed on: 07/06/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,806

Year Built

  • Built in 1915

Lot Details

  • Irregular Lot
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Flat Roof Shape
  • Slab Foundation
  • Rubber Roof
  • Block Exterior

Interior Spaces

  • 2,560 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • No Interior Steps
  • Accessible Pathway

Utilities

  • Radiator
  • Boiler Heating System
  • Underground Utilities

Community Details

  • 3 Units
  • Coin Laundry

Listing and Financial Details

  • The owner pays for electricity, gas, heat, hot water, grounds care, repairs, taxes, trash collection, water
  • Assessor Parcel Number 200110029134

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,806

Year Built

Built in 1915

Lot Details

1.24 Acres

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Outside Features: Block
  • Garage Spaces: 2
  • Accessibility Features: No Stairs External, No Stairs Internal
  • Water Source: City Water/Connected
  • Association Amenities: Coin-op Laundry Owned
  • Year Built: 1915
  • Above Grade Finished Sq Ft: 2560
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Y
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Living Area: 2560
  • Owner Pays: Electricity, Gas, Heat, Hot Water, Grounds Care, Repairs, Taxes, Trash Collection, Water
  • Basement YN: No
  • Appliances: Range, Refrigerator
  • Appliances: Range, Refrigerator
  • Appliances: Range, Refrigerator
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 5

Exterior Features

  • Roof: Flat, Rubber
  • PoolFeatures: None
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Detached Garage, Gravel

Utilities

  • Heating: Boiler, Radiator
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Common Area
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Schools

  • Junior High Dist: Inver Grove Hts. Community Schools
  • SchoolDistrictPhone: 6513067800

Lot Info

  • Topography: Level
  • Waterfront YN: No
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block
  • Units Total: 3

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 200110029134
  • Tax Annual Amount: 3806
  • TaxWithAssessments: 3806

Multi Family

  • TenantPays: Snow Removal
  • FuelExpense: 4263.44
  • Number Of Refrigerators: Three

Map

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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 $178 $15,700 $15,700 --
2024 $3,592 $334,100 $115,500 $218,600
2023 $3,592 $345,500 $112,600 $232,900
2022 $3,224 $334,600 $112,500 $222,100
2021 $3,130 $287,100 $97,800 $189,300
2020 $2,760 $273,800 $93,200 $180,600
2019 $2,743 $249,300 $88,700 $160,600
2018 $2,676 $232,300 $84,500 $147,800
2017 $2,421 $225,500 $80,500 $145,000
2016 $2,374 $203,200 $76,700 $126,500
2015 $2,219 $185,920 $69,499 $116,421
2014 -- $164,538 $65,742 $98,796
2013 -- $150,807 $60,467 $90,340
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
07/06/2026 07/06/26 For Sale $475,000 -- $186 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7095881

NorthstarMLS
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