349 15th Avenue NE, Minneapolis, MN 55413

$585,000
5
BD
4
BA
2,748
SqFt

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List Price
$585,000
Price Change
▼ $14,000 1779816407
MLS#
7034382
Status
ACTIVE
Type
Multifamily
Style
(MF) Triplex
Bedrooms
5
Bathrooms
4
Living Area
2,748
Acres
4680
Subdivision
Bottineaus 2nd Add Town Of St
Neighborhood
68
Year Built
1958

Property Description

The perfect addition or start to your portfolio is here! This all-brick, 1958 built triplex features a rare 3-bedroom, 2-bathroom unit spanning the entire main floor, plus two 1-bedroom, 1-bathroom units on the upper level. All units have been nicely updated with stainless steel appliances, stone countertops, dishwasher in each unit, and numerous other improvements to ensure peak rental income. Currently generating almost $60k in annual income with room to grow. Coin laundry is available for shared use by all units. The roof, mechanicals, and windows are all in great condition and on the newer side, ensuring stress-free management and lower CapEx concerns. Located in the heart of NE Minneapolis, one of the most sought-after rental locations in the city ensures lower vacancy and turnover from day one.

Additional Information

School District
Minneapolis
Amenities Shared
Coin-op Laundry Owned, Common Garden
Tax Year
2026
Fencing
None
Fuel
Natural Gas
Lot Description
Tree Coverage - Light
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt, Pitched
Topography
Level
Heating
Hot Water
Water
City Water/Connected
Basement
Full
Parking
Concrete, Open

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Classic Rlty NW.

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