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For Sale:  Minneapolis MLS# 6735364

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Active NEW!
$995,000
/mo Edit
Multi-family:  Triplex
Built 1905
5,837 sqft • 0.18 acres
Minneapolis schools
MLS# 6735364
763-576-8286
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    Property Description

    Meticulously maintained triplex in the heart of the desirable East Isles Neighborhood, just steps to Lake of the Isles, Kenwood Park and School, and Hennepin Avenue restaurants and retail. Spacious, well-appointed units with tons of old-world charm, architectural details, and updates throughout. This triplex is a perfect match for an owner-occupant looking to house relatives or subsidize part of their living expense, or a seasoned investor looking for a stable rent roll in a Class A location near the Chain of Lakes. First floor unit is three bedroom, two bath, 1801 finished square feet, and features a 20x10 primary suite with private 3/4 bath, full hallway jacuzzi bath, chef's kitchen, living room, formal dining room, and gorgeous sunroom overlooking lush, no-maintenance clover yard. Second floor unit is three bedroom, two bathroom, 1790 finished square feet, and features a 18x10 primary suite with private full jacuzzi bath, full hallway jacuzzi bath, chef's kitchen, living room, and formal dining room. Third floor unit is two bedroom, one bath, 1324 finished square feet, and includes a 16x15 primary suite, full hallway bath, chef's kitchen, living room, formal dining room, and bonus office for home or work options. Finished basement with community/exercise room, 3/4 bath, laundry room, storage room, and private storage lockers for each floor. Large common patio out back, with courtyard leading to separate four car garage with private stalls for each floor, plus new security lighting and fence! Tons of updates in recent years including new 50-year architectural shingle roof, three AC units, exterior and interior paint, vinyl privacy fence, unit appliances, and common laundry room washer and dryer. An absolute turnkey property in an exceptional location, don't miss this opportunity!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $995,000
    Price per sq ft: $170
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 4
    County: Hennepin
    Year Built: 1905
    State: MN
    Property Style: Triplex
    Zip Code: 55405
    Neighborhood/Area: East Isles
    Subdivision Name: Lake Of The Isles Add

    Interior

    Finished Area: 5,837 ft2
    Living Area: 5,837 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Drainage System
    • Finished
    • Shared Access

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 4
    Garage Dimensions: 20x40
    Garage Size: 812 ft2
    Foundation Size: 1,944 ft2
    Fencing: Privacy, Vinyl
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Forced Air
    • Hot Water
    Parking Features:
    • Asphalt
    • Detached
    • Garage Door Opener
    • Shared Driveway
    • Storage
    Shared Amenities:
    • In-Ground Sprinkler System
    • Laundry
    • Lobby Entrance
    • Patio
    • Porch
    • Security Lighting
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Metal Siding
    • Stucco
    • Wood Siding
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt

    Rooms

    Shared Rooms:
    • Community Room
    • Other

    Lot & Land

    Acres: 0.18
    Geolocation: 44.956638, -93.298635
    Lot Dimensions: 50 x 155
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $18,310
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $18,310

    Income

    Annual Gross Income: $81,000

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Lakes Sotheby's International Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.