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    Minneapolis, MN Triplexes for Sale

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    Triplex with Artist Studio
    Updated: May 20
    Triplex with Artist Studio

    2444 1st Avenue S, Minneapolis, MN 55404

    $495,000
    3,009 sqft · 0.14 AC lot
    Fully rented triplex with an upper‑level artist studio for added living/working space
    Private parking in back with covered parking
    1909 construction with wood exterior and shingle roof
    Baseboard heating with oil heat
    Layout includes 5 bedrooms and 3 bathrooms, plus a basement
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    This listing looks promising.

    Here's a quick look at some key insights for

    2444 1st Avenue S, Minneapolis, MN 55404

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    • Est. Cap Rate

      8.9%
      Above avg (5.9%)

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $628K
      Above asking

    • Property Type

      Triplex
      Built 1909
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    Turnkey Multifamily Income Package
    Updated: May 11
    Turnkey Multifamily Income Package

    810 6th Street SE, Minneapolis, MN 55414

    $949,900
    3,276 sqft · 0.13 AC lot
    Turnkey bundled package: 806 and 810 6th St SE available together for a combined purchase price of $1,550,000
    Shared 20‑space parking lot included with the bundled package
    Potential combined annual gross income of $171,000 when fully occupied, with additional income from parking and coin‑op laundry
    806 6th St SE currently operating as a duplex with a clear path to triplex conversion
    Parking provided via on‑site parking lot
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    Well-Maintained Triplex with Garage
    Well-Maintained Triplex with Garage

    1822 Pierce Street NE, Minneapolis, MN 55418

    $575,000
    3,285 sqft · 0.24 AC lot

    Renovation-ready triplex with three distinct units, hardwood character, and a three-car garage on an oversized lot.

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    Triplex with In-Unit Laundry
    Triplex with In-Unit Laundry

    3514 Grand Avenue S, Minneapolis, MN 55408

    $849,900
    4,900 sqft · 0.13 AC lot

    Three-unit triplex built in 2005, each offering in-unit laundry, kitchens, and bathrooms for straightforward residential income use.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    All-Brick Triplex with Updated Units
    All-Brick Triplex with Updated Units

    349 15th Avenue NE, Minneapolis, MN 55413

    $585,000
    2,748 sqft · 0.11 AC lot

    Triplex offers updated 3-bedroom and two 1-bedroom units plus shared coin laundry.

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    Triplex with In-Unit Laundry
    Triplex with In-Unit Laundry

    2820 12th Avenue S, Minneapolis, MN 55407

    $550,000
    4,320 sqft · 0.19 AC lot

    A Minneapolis triplex offering separate laundry for each unit, with two 4-bedroom layouts plus a 3-bedroom basement unit.

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    Updated Triplex with Patio
    Updated Triplex with Patio

    3535 Irving Avenue S, Minneapolis, MN 55408

    $899,900
    4,165 sqft · 0.15 AC lot

    Owner-occupied tri-plex with a non-conforming lower-level unit, updated systems, and a backyard patio.

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    Triplex with Enclosed Backyard Patio
    Triplex with Enclosed Backyard Patio

    3241 Cedar Avenue S, Minneapolis, MN 55407

    $399,900
    3,000 sqft · 0.14 AC lot

    Three fully occupied units plus a fenced backyard with patio, basement space, and flexible outdoor room for adaptable living.

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    South Minneapolis Triplex
    South Minneapolis Triplex

    3300 41st Avenue S, Minneapolis, MN 55406

    $425,000
    2,052 sqft · 0.11 AC lot

    Well-maintained triplex on a corner lot with three 2-bedroom units and off-street parking.

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    Duplex-Style Multifamily with Finished Lower Level
    Duplex-Style Multifamily with Finished Lower Level

    3724 Bloomington Avenue, Minneapolis, MN 55407

    $389,900
    3,600 sqft · 0.14 AC lot

    Three-unit property with duplex zoning and a finished lower level, plus two 3BR/1BA apartments.

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    Three-Unit Triplex Residence
    Three-Unit Triplex Residence

    3336 3rd Avenue S, Minneapolis, MN 55408

    $999,900
    3,772 sqft · 0.13 AC lot

    New 2024 triplex offers three 3-bedroom, two-bath units with a detached 3-car garage for flexible living.

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    Multifamily Redevelopment Property
    Multifamily Redevelopment Property

    6 E 34th Street, Minneapolis, MN 55408

    $175,000
    3,808 sqft · 0.09 AC lot

    Redevelop or rebuild a small multifamily site with City-approved plans and parking at the rear.

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    Triplex with Updated Kitchens
    Triplex with Updated Kitchens

    318 7th Avenue NE, Minneapolis, MN 55413

    $475,000
    1,900 sqft · 0.12 AC lot

    Well-kept triplex with three units in strong condition, including newer mechanicals, roof, and updated kitchens.

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    Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 13 Active listings in Minneapolis, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Bed Triplex with Leased Units
    8-Bed Triplex with Leased Units

    1035 Thompson Ravine Road, Mankato, MN 56001

    $419,000
    3,760 sqft · 1.39 AC lot

    Fully leased 8-bedroom triplex with tenant-paid utilities and recent interior updates, suitable for steady rental income.

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    Mankato Triplex: Investment Opportunity
    Mankato Triplex: Investment Opportunity

    1104 N 5th Street, Mankato, MN 56001

    $280,000
    1,225 sqft · 0.24 AC lot

    Cash-flowing triplex in Mankato with established rental income.

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    Well-Maintained Triplex with Three Units
    Well-Maintained Triplex with Three Units

    306 King Street W, Saint Paul, MN 55107

    $399,000
    2,226 sqft · 0.17 AC lot

    Well-kept triplex with three units, updated systems, and shared laundry on a spacious lot near transit.

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    Retail and Residential Portfolio ForSale
    Retail and Residential Portfolio ForSale

    1081 Payne Ave, Saint Paul, MN 55130

    $600,000
    1,000 sqft

    Unique retail and residential portfolio including restaurant, triplex, parking, land.

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    Minneapolis, MN Triplexes Market Trends and Statistics

    Explore 13 triplexes for sale in Minneapolis, MN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 43,835 square feet of properties for sale, with an estimated market value of $7,769,400.

    Sale prices for three-family homes in Minneapolis, MN start at $175,000, averaging $597,646, and reaching up to $999,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 75
    Apartment buildings 42
    Quadplexes 20
    Triplexes 13
    Short term rental properties 3

    Demographics Overview

    Population 1.13M
    Population Growth (5Y) +11.2%
    Median Household Income $93,401
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

    Identify Minneapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    55406 $425K
    55407 $446.6K
    55404 $495K
    55413 $530K
    55418 $625K

    Taxes & Financing

    Tax Rate (average for all types) 2.98%
    Property Tax per SF $22.67 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Hennepin County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Minneapolis fall within the 10,000 to 25,000 square foot range.

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    Popular Searches in Minneapolis, MN

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    Most Searched ZIP Codes in Minneapolis, MN

    • 55408
    • 55407
    • 55413
    • 55404
    • 55406
    • 55414
    • 55418

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