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$ 425,000
Est. payment | /mo
6 Beds
3 Baths
2,052 SqFt
$ 425,000
Est. payment | /mo
6 Beds
3 Baths
2,052 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,052 sqft
Price per Sqft $207
Subdivision Auditors Sub 237
MLS Listing ID 7094932
Bedrooms 6
Year Built 1911
Annual Tax Amount $6,418
Tax Year 2026
Contingent None
Lot Size 4793.000 Acres
Lot Dimensions 37x128
Property Sub-Type Triplex
Property Description
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.
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Shared Access, Storage Space, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Age 8 Years or Less,Flat
Building
Story Two
Foundation 1172
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Gregory Lawrence • HomeAvenue Inc
Schools and Properties Nearby