3514 Grand Avenue S, Minneapolis, MN 55408

$849,900
10
BD
8
BA
4,900
SqFt

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List Price
$849,900
MLS#
7079275
Status
ACTIVE
Type
Multifamily
Style
(MF) Triplex
Bedrooms
10
Bathrooms
8
Living Area
4,900
Acres
0.13
Subdivision
Bakers Add
Neighborhood
48
Year Built
2005

Property Description

Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!

Additional Information

School District
Minneapolis
Amenities Shared
None
Tax Year
2026
Fencing
None
Fuel
Natural Gas
Sewer
City Sewer/Connected
Roof
Age Over 8 Years
Heating
Forced Air
Water
City Water/Connected
Basement
Block, Egress Window(s), Finished
Parking
Detached Garage
Garage Spaces
3

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC.

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