Minneapolis, MN Triplexes for Sale

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30 properties

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Updated: Jul 10

Triplex With Attached Garage

3412 Humboldt Avenue S, Minneapolis, MN 55408

$849,900

5,195 sqft 0.12 AC lot

5,195 square feet of finished space on a 0.12‑acre lot
Triplex configuration with a non‑conforming 4th unit
Attached 2‑car garage plus open parking and driveway
Built in 1948 with block, brick, and frame construction
Hardwood floors, patios, porches, and abundant natural light

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Updated: Jul 18

Recently Improved 12-Bedroom Triplex

3018 Chicago Avenue, Minneapolis, MN 55407

$584,900

4,439 sqft 0.13 AC lot

4,439‑square‑foot triplex on 0.13 acres
Three legal rental units plus a non‑conforming basement unit
12 bedrooms throughout the property
All units currently occupied and generating income
Brand‑new roof and new exterior paint

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Triplex with Studio Space

3514 Grand Avenue S, Minneapolis, MN 55408

$825,000

4,900 sqft 0.13 AC lot

Four-unit income property with updated interiors, in-unit laundry, and a detached garage.

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Modern 5-Bedroom Triplex

2109 Aldrich Ave S, Minneapolis, MN 55405

$1,149,000

5,525 sqft

Three residences feature private entries, individual systems, in-unit laundry, and open living areas with contemporary kitchen finishes.

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Duplex With Parking Lot

806 6th Street SE, Minneapolis, MN 55414

$599,900

3,336 sqft 0.13 AC lot

Wood-sided residential income property with hot water heating and on-site lot parking.

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Triplex with Shared Parking

810 6th Street SE, Minneapolis, MN 55414

$949,900

3,276 sqft 0.13 AC lot

Three-unit property featuring a stucco exterior, hot-water heating, and on-site parking.

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Triplex with Third-Floor Studio

2444 1st Avenue S, Minneapolis, MN 55404

$449,900

3,009 sqft 0.14 AC lot

Fully rented multifamily property with separate utilities, tenant parking, and on-site laundry.

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Updated Tudor Revival Triplex

2700 Pillsbury Ave S, Minneapolis, MN 55408

$749,900

5,400 sqft

Three updated residences retain historic details while providing in-unit laundry and separate mechanical systems.

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Updated Triplex with Porches

505 8th Avenue SE, Minneapolis, MN 55414

$475,000

1,964 sqft 0.09 AC lot

Three-unit property with separately metered utilities, a detached garage, and a walk-up attic for storage.

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Two-Story Triplex

3541 Clinton Avenue, Minneapolis, MN 55408

$325,000

2,382 sqft 0.13 AC lot

Three independent living areas provide separate entrances, bedroom space, and full bathrooms throughout the finished layout.

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Three-Unit Historic Apartment Building

2209 Pleasant Ave, Minneapolis, MN 55404

$529,900

4,200 sqft

Historic multifamily property with varied apartment features, covered outdoor areas, and rear off-street parking.

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Updated Three-Unit Property

318 7th Avenue NE, Minneapolis, MN 55413

$449,900

1,900 sqft 0.12 AC lot

Three residential units feature refreshed kitchens, newer mechanical systems, and a newer shingle roof.

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Rehabilitated Duplex with Detached Garage

518 37th Avenue NE, Minneapolis, MN 55421

$445,000

2,700 sqft 0.17 AC lot

Updated two-unit property with finished lower-level space, private outdoor areas, and convenient access to transit and nearby amenities.

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Modern Three-Unit Multifamily Property

5424 32nd Ave S, Minneapolis, MN 55417

$900,000

5,400 sqft

Recently constructed rental property with updated interiors, individual parcel identification, and access to neighborhood amenities and transit.

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Three-Unit Property with Parking

3300 41st Avenue S, Minneapolis, MN 55406

$395,000

2,052 sqft 0.11 AC lot

Corner-lot configuration includes off-street parking, basement storage, and separate mechanical systems for each residence.

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Maintained Triplex with Basement

3241 Cedar Avenue S, Minneapolis, MN 55407

$399,900

3,000 sqft 0.14 AC lot

Fully occupied three-unit property with enclosed outdoor space, detached garage, and an accessory dwelling unit license.

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Newer Three-Unit Triplex

1911 E 32nd St, Minneapolis, MN 55407

$900,000

5,400 sqft

Three residential units combine open layouts, updated kitchens, and a flexible occupancy arrangement.

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3-Unit Apartment Building

2223 Pleasant Ave, Minneapolis, MN 55404

$615,400

4,014 sqft

Two- and three-bedroom layouts include storage, updated cabinetry, and shared covered outdoor areas.

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Three-Unit Triplex with Private Laundry

2820 12th Ave S, Minneapolis, MN 55407

$550,000

4,320 sqft

Three residential units each include dedicated laundry, with restaurants, coffee shops, and shopping within walking distance.

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Updated 12-Bedroom Triplex

3018 Chicago Ave, Minneapolis, MN 55407

$584,900

4,439 sqft

Three occupied rental units include a non-conforming basement apartment and recent exterior improvements.

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Updated Brick Triplex

349 15th Ave NE, Minneapolis, MN 55413

$585,000

2,748 sqft

Three-unit property with a spacious main-floor residence and two upper-level apartments.

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Updated Triplex with Historic Character

505 8th Ave SE, Minneapolis, MN 55414

$475,000

1,964 sqft

Three-unit property with separate utilities, porches, attic storage, and a mix of central and window air conditioning.

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Triplex with Updated Systems

3300 41st Ave S, Minneapolis, MN 55406

$395,000

2,052 sqft

Recent capital improvements include roofing, sewer, plumbing, and furnace work.

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Triplex With Finished Lower Level

3724 Bloomington Ave, Minneapolis, MN 55407

$389,900

3,600 sqft

Two upper apartments each offer three bedrooms and one bathroom, with additional finished space below.

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Minneapolis, MN Triplexes Market Trends and Statistics

Explore 30 triplexes for sale in Minneapolis, MN, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 98,231 square feet of properties for sale, with an estimated market value of $17,363,100.

Sale prices for three-family homes in Minneapolis, MN start at $325,000, averaging $578,770, and reaching up to $1,149,000 — 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

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	$395K
55421	$395K
55404	$511.3K
55413	$517.5K
55407	$548.5K

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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