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$509,900
Est. payment /mo
8 Beds
3 Baths
3,259 SqFt
New
2050 W Broadway AVE Minneapolis, MN 55411
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,259 sqft
Price per Sqft $156
Subdivision Forest Heights
MLS Listing ID 7073087
Bedrooms 8
Year Built 1904
Annual Tax Amount $10,323
Tax Year 2026
Contingent None
Lot Size 5,662 Sqft
Lot Dimensions 45x125x45x125
Property Sub-Type Triplex
Property Description
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.
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Laundry In Basement
Exterior
Pool None
Roof Type Age Over 8 Years
Building
Lot Description Tree Coverage - Light
Story More Than 2 Stories
Foundation 1242
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
New Construction false
Schools
School District Minneapolis
Listed by Derrick Witt • LPT Realty, LLC
NEARBY SCHOOL & BUSINESS
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