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4330 5th Ave S - South Minneapolis Triplex 3 Unit Apartment Building Offered at $924,900 at a 11.05% Cap Rate Minneapolis, MN 55409
Investment Highlights
- Big units
- Off Street parking
- Private entries
Executive Summary
Prime rental property with 11 bedrooms and 6 bathrooms and three vacant units total that have been completely renovated!
Unit #1: 4 bedrooms and 2 full baths
Unit #2: 4 bedrooms and 2 full baths
Unit B: 3 bedrooms and 2 full baths
This beautifully renovated 3-unit triplex in Regina’s desirable neighborhood offers modern comfort and strong income potential. The property has undergone a complete transformation featuring new flooring, fresh paint, updated electrical and plumbing, brand-new HVAC systems, a new roof, new siding, new windows & doors, new appliances, new driveway, and new fencing. The layout has been thoughtfully reframed for improved flow and functionality throughout.Whether you want to live in one unit and rent the other two to offset your mortgage, or add a turnkey multifamily asset to your portfolio, this triplex is move-in ready. All units are currently vacant and fully updated — low maintenance and immediate occupancy available.A rare opportunity to own a fully renovated income property.
Don’t miss out — schedule your private showing today!
Unit #1: 4 bedrooms and 2 full baths
Unit #2: 4 bedrooms and 2 full baths
Unit B: 3 bedrooms and 2 full baths
This beautifully renovated 3-unit triplex in Regina’s desirable neighborhood offers modern comfort and strong income potential. The property has undergone a complete transformation featuring new flooring, fresh paint, updated electrical and plumbing, brand-new HVAC systems, a new roof, new siding, new windows & doors, new appliances, new driveway, and new fencing. The layout has been thoughtfully reframed for improved flow and functionality throughout.Whether you want to live in one unit and rent the other two to offset your mortgage, or add a turnkey multifamily asset to your portfolio, this triplex is move-in ready. All units are currently vacant and fully updated — low maintenance and immediate occupancy available.A rare opportunity to own a fully renovated income property.
Don’t miss out — schedule your private showing today!
Property Facts
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Tub/Shower
- Wi-Fi
- Breakfast Nook
- Deck
- Dining Room
- Handrails
- Lawn
Site Amenities
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 2 | $3,200 | 1,404 |
| 3+2 | 1 | $2,600 | 1,404 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 10-028-24-41-0068 | Improvements Assessment | $325,500 |
| Land Assessment | $111,000 | Total Assessment | $436,500 |
Property Taxes
Parcel Number
10-028-24-41-0068
Land Assessment
$111,000
Improvements Assessment
$325,500
Total Assessment
$436,500
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4330 5th Ave S - South Minneapolis Triplex
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