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$ 675,000
Est. payment /mo
Coming Soon
1407 Madison ST NE Minneapolis, MN 55413
2,836 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,836 sqft
Price per Sqft $238
Subdivision Monroe Street Add
MLS Listing ID 6737235
Year Built 1916
Annual Tax Amount $8,973
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x127
Property Sub-Type Triplex
Property Description
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.
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.
Location
State MN
County Hennepin
Rooms
Basement Partially Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Story More Than 2 Stories
Foundation 1250
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Listed by Ryan Walseth • Keller Williams Realty Integrity Lakes