2050 W Broadway Avenue, Minneapolis, MN 55411
- $475,000
- 8
- BD
- 3
- BA
- 3,259
- SqFt
- List Price
- $475,000
- Price Change
- ▼ $14,900 1782846055
- MLS#
- 7073087
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Triplex
- Bedrooms
- 8
- Bathrooms
- 3
- Living Area
- 3,259
- Acres
- 0.13
- Subdivision
- Forest Heights
- Neighborhood
- 36
- Year Built
- 1904
Property Description
Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors. Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you’re looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.
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Additional Information
- School District
- Minneapolis
- Amenities Shared
- Laundry, Porch
- Tax Year
- 2026
- Fuel
- Natural Gas
- Lot Description
- Tree Coverage - Light
- Sewer
- City Sewer/Connected
- Roof
- Age Over 8 Years
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Unfinished
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Listing courtesy of LPT Realty, LLC.
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