$569,500

1411 Grand Street NE, Minneapolis, MN 55413

  • 4 beds |
  • 4 baths |
  • 2,306 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon 3 car garage
  • Property Price Per Square Feet Icon $247/sqft
  • Property List Date Icon Listed 29 days ago

Property Description

Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental. Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month. Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied. Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota. Don’t miss your chance to own this unique, updated triplex and all its amenities!

Listing Status:
Active
Data Last Updated:
August 6, 2026 at 2:17AM
Listing Office:
Algo Realty Inc : 612-433-4555
MLS ID:
7105738
  • Laundry: Common AreaIn Unit
  • Basement: FullUnfinished
  • Heating: Forced Air
  • General: Vinyl
  • Parking: CarportDetached GaragePaved Lot
  • General: TwoBlockStone
  • Originating MLS: northstar
  • School District: Minneapolis
  • County: Hennepin
  • Zoning: 1502924140076
  • Water: City Water/Connected
  • Sewer: City Sewer/Connected
  • Source: northstar

This listing courtesy of Algo Realty Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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