$549,900
PENDING

Estimated payment $3,613/month

Total Views 2,683
3 Beds
3 Baths
1,809 Sq Ft
$304 Price per Sq Ft

Highlights

  • Deck
  • 1-Story Property
  • Forced Air Heating System

About This Home

All information deemed reliable, but not guaranteed. Buyer agent to verify all measurements. Property is being sold in as is condition. Rare Triplex Opportunity in South Minneapolis! Live in one unit and let your tenants help pay the mortgage — or rent all three for great income potential. Whether you choose to live in one unit and rent the others, or lease all three, this Triplex provides an excellent blend of comfort, location, and strong cash flow. Located blocks from Minnehaha Creek and close to Lake Nokomis, enjoy easy access to parks, trails, restaurants, and public transportation. The property includes three units — 2-bedroom with a private deck, a 1-bedroom, and a bright studio — plus a 3-car garage and large unfinished basement with laundry and ample storage (separate storage rooms for each unit). Brand new roof, new gutters and new sewer liner will put the new owner's mind at ease. 2 units are vacant and ready to move-in.

Listing Agent

Muhammad Abdullah

Link Real Estate Services Listed on: 10/31/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,616

Year Built

  • Built in 1954

Parking

  • 3 Car Garage
  • Tuck Under Garage

Home Design

  • Triplex

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • Deck
  • Forced Air Heating System

Community Details

  • 3 Units
  • Grieps Add Subdivision

Listing and Financial Details

  • The owner pays for insurance, sewer, taxes, trash collection
  • Assessor Parcel Number 1102824440058

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,616

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: None
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1809
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Full
  • Living Area: 1809
  • Owner Pays: Insurance, Sewer, Taxes, Trash Collection
  • Basement YN: Yes
  • Appliances: Dishwasher,Range
  • Appliances: Range
  • Appliances: Range
  • Number Of Fireplaces: 0
  • Total Rooms: 1

Beds/Baths

  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less
  • Neighborhood: Northrop
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Tuckunder Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Three

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Lot Size: 5,663
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco
  • Units Total: 3

Rental Info

  • Expenses: 10640.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1102824440058
  • Tax Annual Amount: 8616
  • TaxWithAssessments: 8616.0000

Multi Family

  • TenantPays: Electricity, Gas
  • FuelExpense: 1200
  • Number Of Refrigerators: Three

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $8,616 $474,000 $139,000 $335,000
2023 $7,726 $484,000 $124,000 $360,000
2022 $7,473 $472,000 $108,000 $364,000
2021 $7,826 $440,000 $82,000 $358,000
2020 $7,623 $478,500 $98,900 $379,600
2019 $7,118 $431,000 $65,900 $365,100
2018 $6,475 $392,000 $65,900 $326,100
2017 $6,146 $328,000 $59,900 $268,100
2016 $5,504 $285,000 $59,900 $225,100
2015 $5,019 $248,000 $59,900 $188,100
2014 -- $225,500 $59,900 $165,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 Pending -- -- --
10/31/2025 10/31/25 For Sale $549,900 -- $304 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6807203

NorthstarMLS

APN: 11-028-24-44-0058