Property Description

Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate income and future upside. This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom. Unit 2 (second floor) is currently occupied and offers a full kitchen, dining area, living room, two bedrooms, and a full bathroom. Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom. Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements. Unit 2 is leased at $1,700/month, while Units 1 and 3 are vacant, providing flexibility for an owner-occupant opportunity or the ability to lease at market rates. Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation. Additional highlights include a detached garage, new roof in 2026, strong unit layouts, and a prime Northeast location with easy access to local shopping, restaurants, coffee shops, and downtown Minneapolis. Whether you're looking to owner-occupy, expand your investment portfolio, or secure a turnkey asset with upside, this triplex delivers.

Property Features

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