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  • $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

    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..

    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#: 6710254MLS Logo

    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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