2050 W Broadway Avenue,Minneapolis, MN 55411
Minneapolis, MN 55411
Description
Full interior renovation (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this triplex offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. 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.
Details
| MLS # | 7073087 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 172 |
| Listing Provided By | LPT Realty, LLC | Derrick Witt |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,259 |
| Basement | Y |
| Units | 3 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.13 |
Interior
| Heating | Forced Air |
|---|
Exterior
| Roof | Age Over 8 Years |
|---|---|
| Lot Features | Tree Coverage - Light |
Taxes
| Property | 10323 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55411 |
| Area | 36 |
| Community Name | Forest Heights |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Forest Heights) | |
Price: $449,900 low | high Med: $250,000 sqft: 3,259 low | high Med: 2,366 $ / sqft: $138 low | high Med: $106 On site: 172 low | high Med: 66 | |
Market Activity 55411
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55411 |
| Area | 36 |
| Community Name | Forest Heights |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Forest Heights) | |
Price: $449,900 low | high Med: $250,000 sqft: 3,259 low | high Med: 2,366 $ / sqft: $138 low | high Med: $106 On site: 172 low | high Med: 66 | |
