Get ready to cash flow with your newest investment! This Minneapolis triplex has three units. #1 is a 3/1 downstairs and #2 & #3 are 1/1s upstairs. #1 and #2 are vacant and have been beautifully renovated with brand new LVP, carpet, light fixtures, cabinets, appliances, doors, countertops, toilets, sinks, vanities, and fresh paint. #3 had new LVP and fresh paint last summer. Building was previously acquired with current tenants and rents far below market value with units in need of updating. Estimated current market rents for updated units are #1 $1500, #2 $1050, #3 $975. This would also be a great opportunity to owner-occupy the lower unit and rent out the upper units!
Closed
$295,000
2014 25th Ave N, Minneapolis, MN 55411
5beds
3baths
2,058sqft
Triplex
Built in 1902
-- sqft lot
$305,200 Zestimate®
$143/sqft
$1,883 Estimated rent
Home value
$305,200
$287,000 - $327,000
$1,883/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 01, 2024 at 10:24pm
Listed by:
Emily Trudeau 651-210-1343,
Total Freedom Realty, Inc
Bought with:
Jose Hilario
Keller Williams Realty Integrity Lakes
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6262359
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,058
- Total interior livable area: 2,058 sqft
- Finished area above ground: 2,058
- Finished area below ground: 0
Property
Parking
- Parking features: Open
- Has uncovered spaces: Yes
- Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 6,098 sqft
- Dimensions: 48.19 x 125
Details
- Foundation area: 1029
- Parcel number: 1602924220050
- Lease amount: $0
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco, Wood Siding, Other
Condition
- Age of Property: 122
- New construction: No
- Year built: 1902
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Forest Heights
Price history
| Date | Event | Price |
|---|---|---|
| 1/25/2023 | Sold | $295,000+212.8%$143/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6262359 | ||
| 1/7/2020 | Sold | $94,317+4.2%$46/sqft |
Source: Public Record | ||
| 6/28/2019 | Sold | $90,500-24.6%$44/sqft |
Source: Public Record | ||
| 4/14/2017 | Sold | $120,000+41.2%$58/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4757583 | ||
| 7/25/2013 | Sold | $85,000$41/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,115 +74.3% | $300,400 +1.5% |
| 2024 | $2,361 -15% | $296,000 +48.7% |
| 2023 | $2,776 +11.6% | $199,000 +15% |
Find assessor info on the county website
Neighborhood: Jordan
Nearby schools
GreatSchools rating
- NAHmong International AcademyGrades: PK-8Distance: 0.5 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 2 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 2.9 mi
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Get a free Zillow Showcase℠ listing and you could sell for .
$305,200
2% more+ $6,104
With Zillow Showcase(estimated)
$311,304