Fantastic opportunity for owner-occupants or savvy investors! This unique triplex features three units
plus a non-conforming 4th unit, offering a fantastic opportunity for additional rental income or multi-generational living. Property layout includes:
Unit 1: Bright and spacious 3-bedroom, 1-bath unit — ideal for families or long-term tenants.
Unit 2: Efficient and inviting 1-bedroom, 1-bath — perfect for singles, couples, or short-term stays.
Unit 3: Comfortable 2-bedroom, 1-bath unit — a reliable income-producing rental. Remodeled in 2022.
Unit 4: Non-conforming 2-bedroom, 1-bath unit — currently rented, providing extra income. Remodeled in 2023.
Each unit has its own charm, and the property offers strong rental history with value-add potential.
Whether you're looking to expand your portfolio or live in one unit while renting the others, this property is packed with upside..
Closed
$510,000
38964 12th Ave, North Branch, MN 55056
8beds
4baths
4,096sqft
Triplex
Built in 1984
-- sqft lot
$513,200 Zestimate®
$125/sqft
$2,135 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 06, 2025 at 01:10pm
Listed by:
Patrick Walsh 651-216-7688,
Twin Cities Real Estate
Bought with:
Sean Thomas
Generations Real Estate Group
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6710254

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Features
- Basement: Block,Daylight,Egress Window(s),Finished,Single Tenant Access
Interior area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
- Finished area above ground: 2,048
- Finished area below ground: 1,912
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
- Details: Garage Dimensions (33 x 21), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Deck
Lot
- Size: 0.23 sqft
- Dimensions: 100 x 100
Details
- Foundation area: 2048
- Parcel number: 160041102
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Brick/Stone, Stucco, Block
Condition
- Age of Property: 41
- New construction: No
- Year built: 1984
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: North Branch
- Subdivision: Gregors Add
Services availability

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