4376 Upper 71st Street E, Inver Grove Heights, MN

$465,000

5

Beds

3

Baths

2,560

Square feet

1.25

Acres

About 4376 Upper 71st Street E

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.

Features of 4376 Upper 71st Street E

MLS® # 7095881
Price $465,000
Bedrooms 5
Bathrooms 3.00
Square Footage 2,560
Finished SQFT 2,560
Acres 1.25
Year Built 1915
Type Single Family
Sub-Type Triplex
Status Active
Contingency Type None

Community Information

Address 4376 Upper 71st Street E
City Inver Grove Heights
County Dakota
State MN
Zip Code 55076

Amenities

Amenities Coin-op Laundry Owned
Parking Detached Garage, Gravel
# of Garages 2
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Boiler, Radiator
Fireplace No
Has Basement No
Basement None

Exterior

Exterior Features Block
Lot Description Irregular Lot, Tree Coverage - Medium, Underground Utilities
Roof Flat, Rubber
Construction Block

School Information

District Inver Grove Hts. Community Schools

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $3,806
Tax Year 2026
Office Peritus Real Estate

Listing Details

OfficePeritus Real Estate

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