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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: 59
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: Counselor Realty - Alexandria
Agency Phone: (320) 762-1111
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Estimated Payment
$ 6,212.18 per month $4,790.18 Principal & Interest $1,159.50 Property Tax $262.50 Homeowner's InsuranceChange Payment Information
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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.counselorrealtyalex.com today.