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Luke Chase

luke@ts-re.com +1(612) 418-9979

$509,900

Est. payment - /mo

8 Beds

3 Baths

3,259 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,259 sqft

Price per Sqft $156

Subdivision Forest Heights

MLS Listing ID 7073087

Bedrooms 8

Year Built 1904

Annual Tax Amount $10,323

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 45x125x45x125

Property Sub-Type Triplex

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.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Unfinished

Interior

Heating Forced Air

Fireplace No

Laundry In Basement

Exterior

Pool None

Roof Type Age Over 8 Years

Building

Lot Description Tree Coverage - Light

Story More Than 2 Stories

Foundation 1242

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

New Construction false

Schools

School District Minneapolis

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Listed by Derrick Witt • LPT Realty, LLC

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2050 W Broadway AVE Minneapolis, MN 55411

Luke Chase

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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2050 W Broadway AVE

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