4376 Upper 71st Street E, Inver Grove Heights, MN 55076
Local realty services provided by:ERA Gillespie Real Estate
4376 Upper 71st Street E,Inver Grove Heights, MN 55076
$475,000
- 5 Beds
- 3 Baths
- 2,560 sq. ft.
- Multi-family
- Active
Listed by: john stiles
Office: peritus real estate
MLS#:7095881
Source:NSMLS
Price summary
- Price:$475,000
- Price per sq. ft.:$185.55
About this home
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....
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Home facts
- Year built:1915
- Listing ID #:7095881
- Added:1 day(s) ago
- Updated:July 07, 2026 at 01:07 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Basement:Yes
- Living area:2,560 sq. ft.
Heating and cooling
- Heating:Boiler
Structure and exterior
- Roof:Flat, Rubber
- Year built:1915
- Building area:2,560 sq. ft.
- Lot area:1.25 Acres
- Lot Features:Irregular Lot, Level, Tree Coverage - Medium, Underground Utilities
- Construction Materials:Block
- Levels:1 Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$185.55
- Tax amount:$3,806 (2026)
Features and amenities
- Laundry features:Coin-op Laundry Owned
Parking
- Parking description:Detached Garage, Gravel
- Garage:Yes
- Garage spaces:2
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