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For Sale:  Minneapolis MLS# 6788649

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Active
$1,200,000
/mo Edit
Multi-family:  Triplex
Built 1913
4,332 sqft • 0.18 acres
Minneapolis schools
MLS# 6788649
763-576-8286
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    Property Description

    A rare opportunity to own a fully remodeled triplex just steps from Lake of the Isles—offering timeless charm, elevated finishes, and exceptional flexibility. This is not your typical multi-family home. Nearly every surface has been updated by a meticulous owner with the intention of using it as a primary residence. The result? A level of care, craftsmanship, and investment rarely seen in income properties. The two main units span nearly 2, 000 square feet each, with spacious layouts, original hardwood floors (including matched inlays), and generous natural light. The second-floor owner's unit features a fully renovated kitchen with custom cabinetry, stone countertops, and in-unit laundry. Each residence offers three large bedrooms, two full bathrooms, expansive living/dining areas, upgraded lighting, and custom closet systems. The third-floor unit is charming and currently tenant-occupied, with an adjoining unfinished space offering remarkable potential—ideal for a studio, expansion, or owner’s suite. Architectural plans and 3-car garage specs included. Originally moved to its current location in 1911 to avoid demolition, the home has a storied history and enduring architecture. Located on a quiet street surrounded by $1M+ homes, with direct access to lakeside living, this property offers both lifestyle and long-term value.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $1,200,000
    Price per sq ft: $277
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 2
    County: Hennepin
    Year Built: 1913
    State: MN
    Property Style: Triplex
    Zip Code: 55405
    Neighborhood/Area: East Isles
    Subdivision Name: Lake Of The Isles Add

    Interior

    Finished Area: 4,332 ft2
    Living Area: 4,332 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details:
    • Shared Access
    • Storage Space
    • Unfinished

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Dimensions: 24x24
    Garage Size: 576 ft2
    Foundation Size: 1,926 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Boiler
    • Hot Water
    Parking Features:
    • Concrete
    • Detached
    • Garage Door Opener
    Shared Amenities:
    • Common Garden
    • Laundry
    • Patio
    Road Frontage:
    • City Street
    • Sidewalks
    • Street Lights
    Exterior Material:
    • Brick/Stone
    • Stucco
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.18
    Geolocation: 44.957438, -93.30082
    Lot Dimensions: 50 x 155
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Gross Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $17,235
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $17,235

    Income

    Annual Gross Income: None

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Reside.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.