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5424 32nd Avenue S, Minneapolis, MN 55417

Status: For Sale

3 units
5,400 sq ft 2 garage spaces

$900,000

WELCOME HOME

Get to know this property.

Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!

The details that matter.

General Property Information for 5424 32nd Avenue S, Minneapolis, MN 55417 - MLS# 7103604
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
2022
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
2 Story
Total SqFt:
5,400
Total Fnsh'd SqFt:
5,400
Above Ground SqFt:
3,600
Finished Above Grade:
3,600
Below Ground SqFt:
1,800
Finished Below Grade:
1,800
Garage Stalls:
2
Garage SqFt:
470
Main Floor SqFt:
1,800
Approx Lot Dimensions:
149 x 42
Approx Number of Acres:
0.15
Income and Expenses
Gross Income:
$90,000
Total Expenses:
$0

A closer look at the location.

Hwy 62 to North on 34th Ave, West on E 54th Street, then left on 32nd Ave.

This listing has been entered by the following office: Real Estate Corners, Inc

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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