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Active - Triplex for sale

Minneapolis, MN

7 bds|3,175 sqft

Facts & features

Triplex Property type
19 days on Beycome
1889 Year built
$116 Price/Sqft.

Why you’ll love it

  • Basement

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an active short-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000 through a combination of short-term and long-term tenants, this property offers flexibility and income potential for investors. Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roof approximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basement bedroom offers future potential, subject to egress and applicable requirements. Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an exciting opportunity to invest in Minneapolis real estate!

Translating description...

Listings courtesy of LPT Realty, LLC as distributed by MLS GRID.

Listed by: LPT Realty, LLC

Co-listed by: LPT Realty, LLC

Source: Northstar MLS as distributed by MLS GRID, MLS#: 7162268 Northstar MLS as distributed by MLS GRID logo

Based on info available as of Jun 1, 2026 at 1:00 AM EDT.

Come see by yourself

Affordability

$240,000$500,000
1%20%
0%90%
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Estimated monthly payment

$2,296/mo

  • Mortgage$1,869
  • Property tax$427
  • HOA fee
  • Homeowners insurance
Due at closing$293,912
Down payment held in escrow$73,940
Closing costs$5,546
beycome credit Est.$7,394

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$7,394 Credit back

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Travel times

About D W Ellis Add

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Based on information submitted to the MLS GRID as of Jun 01, 2026 at 01:00am EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$369,700 Listed price

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$7,394 Credit back

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