$569,500
Minneapolis, MN 55413
MLS# 7105738
Status: Pending
4 beds | 4 baths | 3490 sqft
1 / 71
Property Description
Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental. Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month. Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied. Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota. Don’t miss your chance to own this unique, updated triplex and all its amenities!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Pending
Off Market Date: 2026-08-15
Contingency: None
Current Price: $569,500
Original List Price: 569500
ListPrice: 569500
List Date: 2026-07-07
Office/Member Info
Association: MAAR
General Property Information
# Carport Spaces: 1
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 132x66x132x33
Acres: 0.2
Main Floor Total SqFt: 1356
Below Grd Total SqFt: 1184
Above Ground SqFt: 2306
Total SqFt: 3490
Total Finished Sqft: 2306.00
Foundation Size: 1184
Style: (MF) Triplex
Garage Stalls: 3
Assessment Pending: Unknown
Bedrooms: 4
Baths Total: 4
Location, Tax and Other Information
Legal Description: LOT 017 BLOCK 002 TRADERS ADDN TO ST ANTHONY SELY 65 FT
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Property ID Number: 1502924140076
Tax Year: 2025
Tax Amount: 7706
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis.
Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit.
There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities.
Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental.
Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month.
Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied.
Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota.
Don’t miss your chance to own this unique, updated triplex and all its amenities!
Directions: Broadway to Marshall, N to 13th, E to Grand
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 7706
Assumable Loan
Not Assumable: 1
Basement
Foundation Dimensions: 64x18.5
Full: 1
Unfinished: 1
Building Information
Finished SqFt Above Ground: 2306
Construction Status
Previously Owned: 1
Exterior
Vinyl: 1
Foundation
Concrete Block: 1
Stone: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Laundry
Common Area: 1
In Unit: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 400
Carport: 1
Paved Lot: 1
Patio, Porch and Deck Features
Enclosed: 1
Front Porch: 1
Public Survey Info
Range#: 24
Section#: 15
Township#: 29
Rental License Type
Airbnb: 1
Standard: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 1
Monthly Rent: 1450
Full Baths: 1
Total Rooms: 5
Annual Rent: 17400
Finished SqFt: 700
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Unit Details
Total Units: 3
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 4200
Annual Gross Income: 64200
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 60000
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 4200
No. of Ranges
Three: 1
No. of Refrigerators
Three: 1
Unit 1 Amenities
Countertops-Granite: 1
Ceiling Fan(s): 1
Hardwood Floors: 1
Unit 1 Appliances
Stainless Steel Appliances: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2
Furnished?: Yes
Leased?: No
Level: Main Level
Unit Number: 2
Annual Rent: 24000
Finished SqFt: 450
Full Baths: 1
Monthly Rent: 2000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit 2 Amenities
Countertops-Granite: 1
Open Floor Plan: 1
Walk-In Closet: 1
Hardwood Floors: 1
Unit 2 Appliances
Stainless Steel Appliances: 1
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Cooling
Central: 1
Unit 3
Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 3
3/4 Baths: 1
Annual Rent: 22800
Finished SqFt: 950
Full Baths: 1
Monthly Rent: 1900
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 9
Unit 3 Amenities
Countertops-Granite: 1
Open Floor Plan: 1
Hardwood Floors: 1
Unit 3 Appliances
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Cooling
Central: 1
Location Tax and Other Information
House Number: 1411
Street Name: Grand
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Traders Add To St Anthony
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Full; Unfinished
Construction Status: Previously Owned
Exterior: Vinyl
Foundation: Concrete Block; Stone
Fuel: Natural Gas
Heating: Forced Air
Laundry: Common Area; In Unit
Parking Characteristics: Carport; Paved Lot
Rental License Type: Airbnb; Standard
Sewer: City Sewer/Connected
Stories: Two
Unit 1 Amenities: Countertops-Granite; Ceiling Fan(s); Hardwood Floors
Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Microwave; Range; Refrigerator
Unit 2 Amenities: Countertops-Granite; Open Floor Plan; Walk-In Closet; Hardwood Floors
Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Microwave; Range; Refrigerator
Unit 2 Cooling: Central
Unit 3 Amenities: Countertops-Granite; Open Floor Plan; Hardwood Floors
Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer
Unit 3 Cooling: Central
Water: City Water/Connected
Listing Office: Algo Realty Inc
Last Updated: August - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
