Minneapolis MN Multi Family for Sale

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Type:
Triplex
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1995
Baths:
MLS#:
6590650
Subdivision:
Forest Pines 3rd Add

ADDITIONAL INFORMATION

Excellent Investment Opportunity! This RARE opportunity to own a meticulously maintained, turn-key side-by-side 3-unit building, BUILT IN 1995, is ready to generate income from day one Located in a prime location, each unit operates with separate utilities, including gas, electricity, and water meters, ensuring a smooth and hassle-free management experience. The property also features low-maintenance vinyl siding, open vaulted ceilings in the living rooms, and a two-car garage for each unit, combining convenience with style. A truly low-maintenance investment, tenants are responsible for all utilities, including electric, gas, trash, water/sewer, and even take care of snow removal and lawn maintenance. • Unit #2811 (4-bed/2-bath) has been recently updated with luxury vinyl flooring on the main and upper levels and newer carpet in the basement. In 2023, this unit was further upgraded with a new stainless steel refrigerator and stove, as well as a newer washer and dryer—making it perfect for attracting high-quality tenants! • Unit #2815 (3-bed/2-bath) features luxury vinyl flooring throughout and was also upgraded in 2023 with a new stainless steel refrigerator and stove, providing modern amenities that make it highly desirable to prospective renters. • Unit #2819 (4-bed/2-bath) offers recent updates as well, including luxury vinyl flooring on the main level and a new stainless steel stove and dryer installed in 2023, ensuring a contemporary and attractive living space. The property also boasts a large, fully fenced backyard with a privacy fence, creating a secure and private environment that is highly appealing to residents. Thanks to its excellent condition, recent updates, and strong rental history, this triplex is an outstanding investment opportunity that you won’t want to miss!

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Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067


Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.




Minneapolis Real Estate

The median home value in Minneapolis, MN is $236,000. This is lower than the county median home value of $247,600. The national median home value is $219,700. The average price of homes sold in Minneapolis, MN is $236,000. Approximately 74.12% of Minneapolis homes are owned, compared to 23.18% rented, while 2.71% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!

Minneapolis, Minnesota 55433 has a population of 62,342. Minneapolis 55433 is less family-centric than the surrounding county with 30.08% of the households containing married families with children. The county average for households married with children is 34.44%.

The median household income in Minneapolis, Minnesota 55433 is $68,586. The median household income for the surrounding county is $76,796 compared to the national median of $57,652. The median age of people living in Minneapolis 55433 is 38.2 years.

Minneapolis Weather

The average high temperature in July is 83 degrees, with an average low temperature in January of 4.1 degrees. The average rainfall is approximately 31.9 inches per year, with 55.9 inches of snow per year.

Minneapolis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    48
    30-day change

Minneapolis Schools and Demographics

Education near Minneapolis, MN

Metric City County
High School Graduates 93.45 93.69
College Degree - 2 year 12.66 12.94
College Degree - 4 year 25.38 28.71
Graduate Degree 6.2 6.74
Expenditures per Student 11,585 11,826
Students per Teacher 17.4 15.7

Elementary Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Adams Elementary School KG - 05 566 16.6 55433
Andover Elementary School KG - 05 1,306 20.2 55304
Champlin/Brooklyn PK ACD Math Ensci KG - 05 866 18.1 55316
Crooked Lake Elementary School KG - 05 466 16.6 55304
Eisenhower Elementary School KG - 05 640 18.2 55448
Hamilton Elementary School KG - 05 430 15.3 55433
Hoover Elementary School KG - 05 533 17.9 55433
Jefferson Elementary School KG - 05 715 17.6 55434
Johnsville Elementary School KG - 05 754 19.8 55434
Madison Elementary School KG - 05 434 16.5 55434
McKinley Elementary School KG - 05 749 19.6 55304
Mississippi Elementary School KG - 05 438 16.8 55433
Monroe Elementary School KG - 05 652 16.6 55444
Morris Bye Elementary School KG - 05 513 16.1 55433
Oxbow Creek Elementary School KG - 05 1,119 19.1 55316
Ramsey Elementary School KG - 05 1,357 19.6 55303
Rum River Elementary School KG - 05 981 18.9 55304
Sand Creek Elementary School KG - 05 781 18.9 55448
University Elementary School KG - 05 591 18.4 55434
Wilson Elementary School KG - 05 513 17.6 55303

Middle Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Anoka Middle School for the Arts 06 - 08 1,856 19.4 55303
Coon Rapids Middle School 06 - 08 1,186 19.3 55433
Jackson Middle School 06 - 08 1,928 19.5 55316
Northdale Middle School 06 - 08 1,158 19 55448
Oak View Middle School 06 - 08 1,282 20.7 55304
Roosevelt Middle School 06 - 08 1,130 20.1 55434

High Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
Andover High School 09 - 12 1,683 23.5 55304
Anoka High School 09 - 12 2,294 23.4 55303
Blaine High School 09 - 12 2,865 23.4 55434
Champlin Park High School 09 - 12 2,673 22.8 55316
Coon Rapids High School 09 - 12 2,045 22.4 55433
Step Ahead High School 09 - 12 0 55303

Ungraded Schools near Minneapolis, MN

School Grades Students P/T Ratio ZIP
* Bridges 12 - 12 89 6.5 55304
* Crossroads ALTN High School 09 - 12 134 6.9 55433
* Crossroads Summer Program 09 - 12 0 55433
* Crossroads-Night 09 - 12 84 43.8 55433
* Crossroads-West Campus 09 - 12 117 13.3 55316
* Pathways 12 - 12 129 8.3 55433
* Secondary Technical Education Program 10 - 12 113 4.7 55303
Alexandria House Womens Shelter KG - 12 3 2.6 55449
Anoka-Hennepin Specialty Program 06 - 12 1 0.2 55303
Anthony Louis House 03 - 12 21 30.9 55434
Compass on-Line KG - 12 18 18 55448
Compass-Bell Center 06 - 12 12 1.1 55448
Early Childhood/Special Education PK - PK 726 12.9 55303
River Trail Learning Center @ Lo Jacob KG - 12 86 4.4 55448

Demographics near Minneapolis, MN 55433

Metric Zip Code City
Neighborhood Type City Neighborhood
Population 62,342 344,861
Population Density 2,758 817
Median Age 38.2 38.2
People per Household 2.6 2.7
Median Household Income 68,586 76,796
Average Income per Capita 31,526 34,321