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$509,900

  • For Sale
  • Active
  • Triplex
  • 8 Beds
  • 3 Total Baths
  • 3,259 Sq. Ft.
  • Updated 9 days ago
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Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors. Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you're looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.

Full Property Details for 2050 W Broadway Ave

General

  • Price: $509,900
  • Taxes: $10,323 (2026)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7073087
  • Updated: 5/15/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Other Rooms

  • Laundry: In Basement, In Basement

Additional Information

  • Shared Amenities: Laundry, Porch

Exterior

  • Porch/Patio/Deck: Front Porch

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Forest Heights
  • Neighborhood: 36
  • Driving Directions: Just east of Penn Ave N, on the north side of West Broadway Ave.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Unfinished
  • Foundation Size: 1242
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 3,259
  • Above Ground: 3,259 Sq. Ft.
  • Below Ground: 1,242 Sq. Ft.
  • Finished Down/Base.: 4,501 Sq. Ft.
  • Year Built: 1904

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 45 x 125 x 45 x 125
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $10,323
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: None
  • Tenant Pays: All Utilities

Disclosures and Reports

  • Legal Description: LOT 034 BLOCK 020 FOREST HEIGHTS EX ST
  • Property ID: 1602924220171

Listed by LPT Realty, LLC

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— 2050 W Broadway Ave —

  • LPT Realty, LLC

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Schools serving 2050 W Broadway Ave

School District:Minneapolis Public School District
NameGradesDistance
Hmong International Academy
1501 North 30th Avenue, Minneapolis, MN 55411
PK-50.7 mi
Olson Middle School, Minneapolis, MN
1607 51st Avenue North, Minneapolis, MN 55430
6-83 mi
Henry Senior High School
4320 North Newton Avenue, Minneapolis, MN 55412
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2050 W Broadway Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/13/2026
Listed
$509,900
19.98%
MLS
1/27/2021
Sold
$425,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2050 W Broadway Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,753
43%
$538,000
4%
2023
$8,246
14%
$516,000
15%
2023
$7,231
—
$449,000
9%
2023
$7,231
73%
$411,000
146%
2020
$4,190
82%
$167,000
80%
2019
$2,297
59%
$93,000
19%
2018
$1,448
1%
$78,000
3%
2017
$1,432
-73%
$75,500
72%
2015
$5,392
-21%
$43,800
7%
2014
$6,829
164%
$40,800
-3%
2013
$2,589
—
$42,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty, LLC

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2050 W Broadway Avenue, Minneapolis, MN 55411 (MLS# 7073087) is a Triplex property with 8 bedrooms and 0 full bathrooms. 2050 W Broadway Avenue is currently listed for $509,900 and was received on May 13, 2026. Want to learn more about 2050 W Broadway Avenue? Do you have questions about finding other Triplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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