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4376 Upper 71st Street E, Inver Grove Heights, MN 55076

Status: For Sale

3 units
2,560 sq ft 2 garage spaces

$455,000

$20,000 from List Price

WELCOME HOME

Get to know this property.

Rare suburban triplex in a premier Inver Grove Heights location — an exceptional find for investors seeking stable, long-term cash flow outside the city core. This well-maintained 3-unit property sits on a spacious lot in one of the south metro's most livable communities, just minutes from the Mississippi River and surrounded by an impressive array of recreational amenities. Residents enjoy walkable access to a brand-new city park featuring a playground and splash pad, Swing Bridge Park, and a neighborhood dog park — the kind of lifestyle draw that keeps quality tenants in place year after year. The property's long-term occupancy history speaks for itself: stable residents, consistent income, and minimal turnover. With gross monthly rents of $3,420, this is a turnkey cash-flowing asset with no heavy lifting required from day one. The oversized lot offers exceptional flexibility — ample space for outdoor storage, recreational vehicles, or equipment, a rare perk in suburban multifamily that tenants genuinely value and that sets this property apart from anything comparable in the area. Triplexes in suburban locations like Inver Grove Heights almost never come to market. If you've been waiting for a multifamily opportunity that offers the stability of suburban demographics with the income profile of a true investment property, this is it. Also available is the next-door vacant lot at 7177 River Rd. Sold separately or together.

The details that matter.

General Property Information for 4376 Upper 71st Street E, Inver Grove Heights, MN 55076 - MLS# 7095881
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1915
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
1 Story
Total SqFt:
2,560
Total Fnsh'd SqFt:
2,560
Above Ground SqFt:
2,560
Finished Above Grade:
2,560
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
624
Main Floor SqFt:
2,560
Approx Lot Dimensions:
Irregular
Approx Number of Acres:
1.247
Income and Expenses
Gross Income:
$41,700
Total Expenses:
$0

A closer look at the location.

From HWY 494 take the Concord ST S exit. Go South until Dixie Ave E and turn left. Go South to Upper 71st St E and turn left. Property is on the right.

This listing has been entered by the following office: Peritus Real Estate

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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