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2050 W Broadway Avenue, Minneapolis, MN 55411

Status: For Sale

3 units
3,259 sq ft

$449,900

$60,000 from List Price

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 2050 W Broadway Avenue, Minneapolis, MN 55411 - MLS# 7073087
Bedrooms and Bathrooms
Total Bedrooms:
8
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1904
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
More Than 2 Stories
Total SqFt:
3,259
Total Fnsh'd SqFt:
3,259
Above Ground SqFt:
3,259
Finished Above Grade:
3,259
Below Ground SqFt:
1,242
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,242
Approx Lot Dimensions:
45 x 125 x 45 x 125
Approx Number of Acres:
0.13
Income and Expenses
Gross Income:
$62,868
Total Expenses:
$0

A closer look at the location.

Just east of Penn Ave N, on the north side of West Broadway Ave.

This listing has been entered by the following office: LPT Realty, LLC

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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