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$ 340,000
Est. payment | /mo
2,780 SqFt
$ 340,000
Est. payment | /mo
2,780 SqFt
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,780 sqft
Price per Sqft $122
MLS Listing ID 6721657
Year Built 1900
Annual Tax Amount $9,483
Tax Year 2025
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 47x125x47x125
Property Sub-Type Other
Property Description
Investor Opportunity – Value-Add Triplex with Bonus Villa
Bring this Minneapolis triplex back to life and unlock serious income potential. With updates to
siding, windows, and interior finishes, this property can quickly transition into a strong cash-
flowing asset. Classic interior woodwork adds character, while the flexible layout provides
multiple revenue streams.
Property Breakdown:
? Main Level Unit – Currently an office with three private rooms and a sunroom. Convert
back to residential or keep as live/work space to maximize rent potential.
? Upper-Level Unit – One-bedroom loft with separate entrance, full kitchen, bathroom,
and living room. Ideal for short- or long-term rental.
? Lower-Level Unit – Two-bedroom apartment with full bath, kitchen, and living room.
Large unit = consistent tenant demand.
? Bonus Villa – Converted Garage – Detached structure with bedroom, bathroom,
kitchen, and oversized living area. Currently a recording studio, but perfect as an
additional rental or Airbnb-style unit for higher returns.
Why Investors Will Love It:
? Multiple income streams from 4 unique units.
? Strong value-add play with renovation upside.
? Prime location near downtown, I-35, bus lines, restaurants, and entertainment.
? As-Is sale = priced with room to create equity.
Bring this Minneapolis triplex back to life and unlock serious income potential. With updates to
siding, windows, and interior finishes, this property can quickly transition into a strong cash-
flowing asset. Classic interior woodwork adds character, while the flexible layout provides
multiple revenue streams.
Property Breakdown:
? Main Level Unit – Currently an office with three private rooms and a sunroom. Convert
back to residential or keep as live/work space to maximize rent potential.
? Upper-Level Unit – One-bedroom loft with separate entrance, full kitchen, bathroom,
and living room. Ideal for short- or long-term rental.
? Lower-Level Unit – Two-bedroom apartment with full bath, kitchen, and living room.
Large unit = consistent tenant demand.
? Bonus Villa – Converted Garage – Detached structure with bedroom, bathroom,
kitchen, and oversized living area. Currently a recording studio, but perfect as an
additional rental or Airbnb-style unit for higher returns.
Why Investors Will Love It:
? Multiple income streams from 4 unique units.
? Strong value-add play with renovation upside.
? Prime location near downtown, I-35, bus lines, restaurants, and entertainment.
? As-Is sale = priced with room to create equity.
Location
State MN
County Hennepin
Rooms
Basement Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features On-Street Parking Only
Fence None
Building
Story Two
Foundation 990
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
New Construction false
Schools
School District Minneapolis
Listed by Todd Priebe • Re/Max Advantage Plus
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Scott Hutchinson
REALTOR® | Lic# 20342322