Turnkey Non-conforming Triplex in Prime NE Minneapolis!
An exceptional opportunity to own a fully leased, well-maintained non-conforming triplex in the heart of Northeast Minneapolis. This building features three, 2 bedroom, 1 bathroom units, each offering in-unit laundry and separate utilities.
All units are currently tenant-occupied with leases in place, making this a true plug and play investment. Positioned on a quiet, tree-lined street with easy access to Logan Park, dining, breweries, coffee shops and all the charm of the NE Arts District, this property offers strong rental appeal and future value growth. Tenants enjoy natural light, and access to a shared backyard and enclosed porches perfect for relaxation or extra storage.
Ideal for both seasoned investors and house hackers. Live in one unit and rent the others or enjoy steady cash flow with three performing units. A rare chance to secure a multifamily property in one of Minneapolis’s most desirable rental markets.
Active
Price cut: $7.5K (8/12)
$667,500
1407 Madison St NE, Minneapolis, MN 55413
6beds
3baths
3,428sqft
Est.:
Triplex
Built in 1916
-- sqft lot
$658,400 Zestimate®
$195/sqft
$-- HOA
What's special
- 68 days
- on Zillow |
- 368 |
- 15 |
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