BEDS0
BATHS
SQUARE FEET5,400
MLS#7103604
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONC F E Peterson Co Nokomis Park
SCHOOLMinneapolis
Property Description
Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!
Property Features
Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.15 Acres
Taxes: $13,914
Year Built: 2022
Feature Descriptions
Days on Site: 20
Foundation Size: 1800
Lot Dimensions: 149x42
Owners Expense: Insurance, Taxes, Water
Parcel#: 1902823220051
Parking: Attached Garage
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 3
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Real Estate Corners, Inc
Agency Phone: 612-483-1230
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimate Your Payment
Estimated Payment
$ 3,425.01 per month $2,003.01 Principal & Interest $1,159.50 Property Tax $262.50 Homeowner's Insurance
5424 32nd Avenue S | MLS# 7103604
This multi-family property located at 5424 32nd Avenue S, Minneapolis, MN 55417 is currently listed for sale with an asking price of $900,000. 32nd Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.