1407 Madison Street Ne, Minneapolis, MN 55413

Local realty services provided by:ERA Prospera Real Estate
#1#2#3
1407 Madison Street Ne,Minneapolis, MN 55413
$667,500
  • - Beds
  • - Baths
  • 2,836 sq. ft.
  • Multi-family
  • Active
Listed by:ryan walseth
Office:keller williams realty integrity lakes
MLS#:6737235
Source:NSMLS

Price summary

  • Price:$667,500
  • Price per sq. ft.:$194.72

About this home

Turnkey Non-conforming Triplex in Prime NE Minneapolis! An exceptional opportunity to own a fully leased, well-maintained non-conforming triplex in the heart of Northeast Minneapolis. This building features three, 2 bedroom, 1 bathroom units, each offering in-unit laundry and separate utilities. All units are currently tenant-occupied with leases in place, making this a true plug and play investment. Positioned on a quiet, tree-lined street with easy access to Logan Park, dining, breweries, coffee shops and all the charm of the NE Arts District, this property offers strong rental appeal and future value growth. Tenants enjoy natural light, and access to a shared backyard and enclosed porches perfect for relaxation or extra storage. Ideal for both seasoned investors and house hackers. Live in one unit and rent the others or enjoy steady cash flow with three performing units. A rare chance to secure a multifamily property in one of Minneapolis’s most desirable rental markets.

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Home facts

  • Year built:1916
  • Listing Id #:6737235
  • Added:66 day(s) ago
  • Updated:August 12, 2025 at 07:49 PM

Rooms and interior

  • Living area:2,836 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Year built:1916
  • Building area:2,836 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$667,500
  • Price per sq. ft.:$194.72
  • Tax amount:$8,973 (2025)
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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