1407 Madison Street Ne, Minneapolis, MN

$667,500

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2,836

Square feet

0.12

Acres

About 1407 Madison Street Ne

Turnkey Non-conforming Triplex in Prime NE Minneapolis! An exceptional opportunity to own a fully leased, well-maintained non-conforming triplex in the heart of Northeast Minneapolis. This building features three, 2 bedroom, 1 bathroom units, each offering in-unit laundry and separate utilities. All units are currently tenant-occupied with leases in place, making this a true plug and play investment. Positioned on a quiet, tree-lined street with easy access to Logan Park, dining, breweries, coffee shops and all the charm of the NE Arts District, this property offers strong rental appeal and future value growth. Tenants enjoy natural light, and access to a shared backyard and enclosed porches perfect for relaxation or extra storage. Ideal for both seasoned investors and house hackers. Live in one unit and rent the others or enjoy steady cash flow with three performing units. A rare chance to secure a multifamily property in one of Minneapolis’s most desirable rental markets.

Features of 1407 Madison Street Ne

MLS® # 6737235
Price $667,500
Bathrooms 0.00
Square Footage 2,836
Acres 0.12
Year Built 1916
Type Residential Income
Sub-Type Triplex
Style Triplex
Status Pending

Community Information

Address 1407 Madison Street Ne
Area Logan Park
Subdivision Monroe Street Add
City Minneapolis
County Hennepin
State MN
Zip Code 55413

Amenities

# of Garages 2
Garages Detached
Is Waterfront No
Has Pool No

Interior

Heating Hot Water
Fireplace No

Exterior

Construction Stucco

School Information

District Minneapolis

Additional Information

Days on Market 111
Foreclosure No
Short Sale No

Listing Details

OfficeKeller Williams Realty Integrity Lakes

Listing Map

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