Well-Maintained Triplex with 11
For Sale
$600,000
403 6th Street Southeast, Minneapolis, MN 55414
Triplex offers two 4-bedroom, 2-bath units and one 3-bedroom, 1-bath unit totaling 11 bedrooms.
Property Size5,200 SF
Days on Market55
Property Features for 403 6th Street Southeast
General Information
Standard status
Active
Size
5,200 SF
Property subtype
Multifamily
Financials
Cap Rate
7.26%
Business Included
Yes
Additional Details
Multifamily Units
3
Building Details
Building Size
5,200 SF
Year Built
1991
Tenancy
Multi
Listing Agency:
(651) 353-3657
Listed By:
Cody Smith
Source:
Kisergroup
Added: Jul 9
Changed: Aug 23
Last Checked: Aug 31 at 3:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cody Smith
Investment Insights
Based on property information with market context.
403 6th Street Southeast is a well-maintained triplex featuring an attractive unit mix with two 4-bedroom, 2-bath units and one 3-bedroom, 1-bath unit, for a total of 11 bedrooms. The configuration is well-suited to larger household living arrangements and provides a straightforward rental layout across three separate units.
The property is located in the Marcy-Holmes neighborhood of Minneapolis, just blocks from the University of Minnesota. The surrounding area offers convenient access to Downtown Minneapolis and major employment centers, with the Mississippi Riverfront trail system also nearby.
Offered for sale, the triplex is presented as a stable investment with in-place cash flow and room for additional upside through rent growth and operational efficiencies, based on the information provided.
The property is located in the Marcy-Holmes neighborhood of Minneapolis, just blocks from the University of Minnesota. The surrounding area offers convenient access to Downtown Minneapolis and major employment centers, with the Mississippi Riverfront trail system also nearby.
Offered for sale, the triplex is presented as a stable investment with in-place cash flow and room for additional upside through rent growth and operational efficiencies, based on the information provided.
Key Highlights
- Built in 1991, 3‑unit triplex with a total of 11 bedrooms and three bathrooms
- Unit mix: two 4‑bedroom, 2‑bath units plus one 3‑bedroom, 1‑bath unit
- Located in the Marcy‑Holmes neighborhood in Minneapolis, just blocks from the University of Minnesota
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,774
Businesses Nearby
Explore this area
Business Placement
Demographics for 55414, MN
36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex offers two 4-bedroom, 2-bath units and one 3-bedroom, 1-bath unit totaling 11 bedrooms.
Where is this triplex located?
The property is located at 403 6th Street Southeast Minneapolis, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Built in 1991, 3‑unit triplex with a total of 11 bedrooms and three bathrooms; Unit mix: two 4‑bedroom, 2‑bath units plus one 3‑bedroom, 1‑bath unit; Located in the Marcy‑Holmes neighborhood in Minneapolis, just blocks from the University of Minnesota
