1407 MADISON STREET

1407 Madison Street, Minneapolis, 55413, MN

DETAILS

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.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 2836 ft²

  • Below Ground Living: 500ft²

  • Bathrooms: N/A

  • Above Ground Living: 2336ft²

  • Basement Details: Partially Finished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 1250ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water

LOT

  • Acres: N/A

  • Lot Size Dim.: 40x127

  • Longitude: 45.0023

  • Latitude: -93.2534

  • Zoning: N/A

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $8,973

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7757605

  • Listing Brokerage: Keller Williams Integrity Realty Agency Icon

ID: 3797521
Published: June 18, 2025
Last Update: June 18, 2025
Views: 4