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$449,900

5 Beds 3 Baths 1,900 SQFT 0.12 Acres
Type: Multi-Family

318 7th Avenue NE
Minneapolis, MN 55413

MLS#: 7064181
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: RE/MAX Results

Property Description

 

Well cared for triplex in the heart of NE Mpls. Walk to Boom Island, the Mississippi riverfront, and the breweries, restaurants, and galleries Northeast is known for. All three units are in great condition with newer mechanicals, newer roof, and updated kitchens. Great opportunity to house hack and build equity from day one. Minimum 24-hour notice required for all showings.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area1,900 sqft
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Dimensions20x15
Garage Square Feet300

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsUniversity to 7th, east. Home on right.
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income43200
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,900 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense1920
OwnerPaysSewer, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount$5,983
Tax Year2025
Tenant PaysCable TV, Electricity, Fuel, Heat, Lawn Care, Water
Trash Expense600
Water Sewer Expense1320
Year Built1900
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total1,900 sqft
Foundation Area950 sqft
Lot Dimensions40x132
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Gravel
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$449,900

5 Beds 3 Baths 1,900 SQFT 0.12 Acres
Type: Multi-Family

318 7th Avenue NE
Minneapolis, MN 55413

MLS#: 7064181
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800