2444 1st Avenue S, Minneapolis, MN
$449,900
5
Beds
3
Baths
3,006
Square feet
0.14
Acres
About 2444 1st Avenue S
Income-Producing Triplex - Fully rented triplex offering immediate cash flow. Featuring two spacious 2-bedroom units and one 1-bedroom unit, this property is an excellent choice for a first-time investor, an owner-occupant looking to offset living expenses with rental income, or an experienced investor seeking a quality property for a 1031 exchange. The property includes separate utilities, as well as off-street parking for tenants, and onsite laundry. A bonus third-floor studio provides endless possibilities and would make an ideal artist's studio, home office, creative space, or additional living area.
Features of 2444 1st Avenue S
| MLS® # | 7126666 |
|---|---|
| Price | $449,900 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Square Footage | 3,006 |
| Finished SQFT | 3,009 |
| Acres | 0.14 |
| Year Built | 1909 |
| Type | Single Family |
| Sub-Type | Triplex |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 2444 1st Avenue S |
|---|---|
| Area | 84 |
| Subdivision | Cochrans Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55404 |
Amenities
| Parking | Open |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Boiler |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Tree Coverage - Light |
| Roof | Age 8 Years or Less, Asphalt |
| Construction | Other |
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $9,040 |
| Tax Year | 2025 |
| Office | RE/MAX Results |
Listing Details
| Office | RE/MAX Results |
|---|