**THIS EXCEPTIONAL INVESTMENT OPPORTUNITY IS BACK ON THE MARKET!** Due to the Buyers financing falling through at the last minute. ALL NEW ELECTRICAL PANELS INSTALLED IN EACH UNIT AND THE GARAGE! COME CHECK OUT THIS VERY AFFORDABLE OPPORTUNITY. This Triplex is a fantastic opportunity for investors seeking reliable, long-term rental income. Featuring three separate units, each with its own private entry, this property offers steady cash flow and excellent ROI potential. The area has shown consistent historical appreciation, and market trends suggest that demand for rental properties will continue to grow, driven by factors like [local job growth, new infrastructure, or increased demand for housing!] Units #1 & #3 have in-unit laundry, enhancing tenant convenience. Unit #2 offers 2 bedrooms, 1 bath, & an in-unit laundry. Each unit has its own separate exterior entrance, ensuring privacy and ease for tenants. The roof is less than 8 years old! The building is structurally sound, with some recent upgrades done in the last three months. Seller has made many improvements including New boilers, Fresh paint throughout, New carpet/flooring and so much more! 2-car detached garage included. Convenient location with easy access to highways, really close to the local park, shopping and many restaurants. Whether you're an experienced investor or a first-time buyer, this Triplex offers a turn-key opportunity to add a valuable asset to your portfolio. Quick closing desired. See supplements for full list of improvements. Make this be your final investment of the year!
Closed
$450,000
5347 4th St NE, Minneapolis, MN 55421
4beds
3baths
3,100sqft
Triplex
Built in 1960
-- sqft lot
$455,500 Zestimate®
$145/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: February 04, 2025 at 08:49am
Listed by:
Launa Erickson 763-242-6402,
Realty ONE Group Choice,
Joseph Dennis Sr. 651-239-5844
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6571664

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Baseboard, Boiler, Zoned
Features
- Basement: Block,Finished,Partially Finished,Storage Space,Walk-Out Access
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
- Finished area above ground: 1,550
- Finished area below ground: 1,120
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Shared Driveway
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24 X24)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Fencing: Chain Link
Lot
- Size: 8,712 sqft
- Dimensions: 130 x 67
- Topography: Walkout
Details
- Foundation area: 1550
- Parcel number: 233024340055
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Stucco
- Roof: Age 8 Years or Less,Asphalt
Condition
- Age of Property: 65
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: Fuses
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Hamiltons Add To Mechanics
Other
Other facts
- Road surface type: Paved
Services availability

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Estimated market value
$455,500