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$500,000

5 Beds 3 Baths 3,313 SQFT 0.14 Acres
Type: Multi-Family

1300 Grand Street NE
Minneapolis, MN 55413

MLS#: 7137613
The Real Estate Advantage
Office: 952.224.8800
Presented by: Compass

Property Description

 

Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate income and future upside. This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom. Unit 2 offers a full kitchen, dining area, living room, two bedrooms, and a full bathroom. Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom. Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements. All Units are vacant, providing flexibility for an owner-occupant opportunity or the ability to lease at market rates. Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation. Additional highlights include a detached garage, new roof in 2026, strong unit layouts, and a prime Northeast location with easy access to local shopping, restaurants, coffee shops, and downtown Minneapolis. Whether you’re looking to owner-occupy, expand your investment portfolio, or secure a turnkey asset with upside, this triplex delivers.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area3,313 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Dimensions10x18
Garage Square Feet180
Laundry FeaturesIn Basement

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsBroadway Street NE to NE Main Street to 13th Avenue NE to Grand Street NE
Electric Expense0
Fuel Expense0
Garage Spaces1
Gross Income52800
HeatingBaseboard, Boiler
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area3,313 sqft
Lot Size UnitsAcres
MaintenanceExpense5900
Net Operating Income32839
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysGas, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameTraders Add To St Anthony
Tax Annual Amount$6,670
Tax Year2026
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense0
Year Built1900
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total4,539 sqft
Foundation Area1,226 sqft
Lot Dimensions66x90
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesDetached Garage
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks
Road ResponsibilityPublic Maintained Road
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

$500,000

5 Beds 3 Baths 3,313 SQFT 0.14 Acres
Type: Multi-Family

1300 Grand Street NE
Minneapolis, MN 55413

MLS#: 7137613
The Real Estate Advantage
Office: 952.224.8800