349 15th AVE NE, Minneapolis, MN 55413
349 15th AVE NE, Minneapolis, MN 55413
349 15th AVE NE, Minneapolis, MN 55413
349 15th AVE NE, Minneapolis, MN 55413
349 15th AVE NE, Minneapolis, MN 55413
349 15th AVE NE, Minneapolis, MN 55413
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Paul Erickson

Paul Erickson

+1(507) 430-2343
$ 625,000
Est. payment | /mo

5 Beds

4 Baths

2,748 SqFt

Save
$ 625,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,748 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $227

Subdivision Bottineaus 2Nd Add Town Of St

MLS Listing ID 7034382

Bedrooms 5

Year Built 1958

Annual Tax Amount $9,001

Tax Year 2026

Contingent None

Lot Dimensions 72x65

Property Sub-Type Triplex

Property Description

The perfect addition or start to your portfolio is here! This all-brick, 1958 built triplex features a rare 3-bedroom, 2-bathroom unit spanning the entire main floor, plus two 1-bedroom, 1-bathroom units on the upper level. All units have been nicely updated with stainless steel appliances, stone countertops, dishwasher in each unit, and numerous other improvements to ensure peak rental income. Currently generating almost $60k in annual income with room to grow. Coin laundry is available for shared use by all units. The roof, mechanicals, and windows are all in great condition and on the newer side, ensuring stress-free management and lower CapEx concerns. Located in the heart of NE Minneapolis, one of the most sought-after rental locations in the city ensures lower vacancy and turnover from day one.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Hot Water

Fireplace No

Exterior

Parking Features Concrete, Open

Fence None

Pool None

Roof Type Age 8 Years or Less,Asphalt,Pitched

Building

Lot Description Tree Coverage - Light

Story Two

Foundation 1570

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Brick,Frame

New Construction false

Schools

School District Minneapolis

Listed by Michael Moe • Keller Williams Classic Rlty NW

Schools and Properties Nearby

Paul Erickson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(507) 430-2343

paul@erickson.realestate

Learn More About LPT Realty

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349 15th AVE NE