Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors.
Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you’re looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.
70 days
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111
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9
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Zillow last checked:
Listing updated:
Listed by:
Derrick Witt952-373-1492,
LPT Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7073087
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 3
Heating
Forced Air
Appliances
Laundry: In Basement
Features
Basement: Unfinished
Interior area
Total structure area: 4,501
Total interior livable area: 3,259 sqft
Finished area above ground: 3,259
Finished area below ground: 0
Property
Accessibility
Accessibility features: None
Features
Levels: More Than 2 Stories
Patio & porch: Front Porch
Pool features: None
Lot
Size: 5,662 Square Feet
Dimensions: 45 x 125 x 45 x 125
Features: Tree Coverage - Light
Details
Foundation area: 1242
Parcel number: 1602924220171
Zoning description: Residential-Multi-Family
Construction
Type & style
Home type: MultiFamily
Property subtype: Triplex
Materials
Roof: Age Over 8 Years
Condition
New construction: No
Year built: 1904
Utilities & green energy
Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected
Community & HOA
Community
Subdivision: Forest Heights
HOA
Amenities included: Laundry, Porch
Location
Region: Minneapolis
Financial & listing details
Price per square foot: $146/sqft
Tax assessed value: $546,100
Annual tax amount: $10,323
Date on market: 5/14/2026
Cumulative days on market: 18 days
Tenant pays: All Utilities
Estimated market value
Zestimate®
$474,100
Estimated sales range
$450,000 - $498,000
Rent Zestimate®
$1,506/mo
Price history
Date
Event
Price
6/30/2026
Price change
$475,000-3%$146/sqft
Source: NorthstarMLS as distributed by MLS GRID #7073087Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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