226 Gramercy AVE new

Minneapolis,MN 55405

$ 440000

- Bed

- Bath

2736 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,736 sqft

Price per Sqft $160

MLS Listing ID 6781697

Year Built 1912

Annual Tax Amount $6,840

Tax Year 2025

Contingent None

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 45x145

Property Sub-Type Triplex

Property Description

Solid Minneapolis triplex with a strong rental history and consistent cash flow. Features one spacious 3BR unit plus
two efficient studios. Roof under 10 years, updated bathrooms, forced-air heat, and separate gas/electric utilities.
Classic hardwood floors, inviting front porches, 2-car garage plus one additional off-street parking. Desirable location
just minutes to downtown, Bryn Mawr Park, Wirth Park, Utepils Taproom, the Farmers Market, and Metro transit.
Well-maintained with steady rental demand-ideal for investors seeking a turnkey portfolio addition with long-term
upside. Seller will offer 1% point towards a buyer's interest rate buy-down with an acceptable offer.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Daylight/Lookout Windows,Full,Owner Access,Unfinished

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 2.0

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 1368

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District Minneapolis

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