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$475,000 Just Listed

  • For Sale
  • Active
  • Triplex
  • 5 Beds
  • 3 Total Baths
  • 1,900 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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Well cared for triplex in the heart of NE Mpls. Walk to Boom Island, the Mississippi riverfront, and the breweries, restaurants, and galleries Northeast is known for. All three units are in great condition with newer mechanicals, newer roof, and updated kitchens. Great opportunity to house hack and build equity from day one. Minimum 24-hour notice required for all showings.

Full Property Details for 318 7th Ave NE

General

  • Price: $475,000
  • Taxes: $5,983 (2025)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7064181
  • Updated: 5/8/2026
  • Added to Site: 6 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Parking

  • Garage: Yes
  • Garage Description: 20 x 15
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Gravel

Location

  • County: Hennepin
  • Township: Minneapolis
  • Neighborhood: 72
  • Driving Directions: University to 7th, east. Home on right.

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.: Full
  • Foundation Size: 950
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,900
  • Above Ground: 1,900 Sq. Ft.
  • Finished Down/Base.: 1,900 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 40 x 132
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $1,920
  • Tax Amount: $5,983
  • Tax Year: 2025
  • Owner Pays: Sewer, Taxes, Trash Collection
  • Tenant Pays: Cable TV, Electricity, Fuel, Heat, Lawn Care, Water
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: BLOCK 005 TOWN OF ST ANTHONY NELY 40 FT OF SWLY 65 FT LOTS 6 AND 7
  • Property ID: 1402924310162

Listed by RE/MAX Results

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— 318 7th Ave NE —

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NMLS#: 1598647

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Schools serving 318 7th Ave NE

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-50.2 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-82.2 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-121 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 318 7th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/07/2026
Listed
$475,000
3.04%
MLS
2/29/2024
Sold
$461,000
—
Public Record
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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 318 7th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,983
10%
$411,000
-1%
2023
$5,443
-2%
$417,000
-2%
2023
$5,579
—
$424,000
9%
2023
$5,579
-9%
$390,000
12%
2020
$6,134
44%
$347,000
23%
2019
$4,250
57%
$283,220
59%
2018
$2,709
-23%
$178,035
-5%
2017
$3,505
-3%
$187,000
—
2016
$3,617
10%
$187,000
15%
2015
$3,297
2%
$162,500
10%
2014
$3,222
4%
$147,500
5%
2013
$3,085
—
$140,500
—
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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318 7th Avenue NE, Minneapolis, MN 55413 (MLS# 7064181) is a Triplex property with 5 bedrooms and 0 full bathrooms. 318 7th Avenue NE is currently listed for $475,000 and was received on May 07, 2026. Want to learn more about 318 7th Avenue NE? 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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