1407 Madison Street Ne, Minneapolis, MN
$667,500
3,428
Square feet
0.12
Acres
About 1407 Madison Street Ne
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.
Features of 1407 Madison Street Ne
| MLS® # | 6737235 |
|---|---|
| Price | $667,500 |
| Bathrooms | 0.00 |
| Square Footage | 3,428 |
| Acres | 0.12 |
| Year Built | 1916 |
| Type | Single Family |
| Sub-Type | Triplex |
| Style | Triplex |
| Status | Pending |
| Contingency Type | None |
Community Information
| Address | 1407 Madison Street Ne |
|---|---|
| Area | Logan Park |
| Subdivision | Monroe Street Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55413 |
Amenities
| # of Garages | 2 |
|---|---|
| Garages | Detached |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Hot Water |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished |
Exterior
| Construction | Stucco |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| Taxes | $8,973 |
| Tax Year | 2025 |
| Office | Keller Williams Realty Integrity Lakes |
Listing Details
| Office | Keller Williams Realty Integrity Lakes |
|---|