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$732,000

  • Sold
  • Closed
  • Triplex
  • 3,898 Sq. Ft.
See This Home
Save This Home
See This Home
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Don't miss this charming triplex in a prime location! This is a standout investment opportunity with gross annual rents near $75,000, a solid rental history, and recently remodeled units that offer modern comforts and stylish finishes. Located just steps away from a vibrant dining scene, local breweries, parks, and all the excitement downtown has to offer, it's an ideal choice for both experienced investors and those looking to start their real estate portfolio. Additionally, this property presents an exciting future redevelopment opportunity, allowing you to explore creative development ideas and maximize your investment potential.

Full Property Details for 728 2nd Ave SE

General

  • Sold For: $732,000
  • Taxes: $8,270 (2023)
  • Status: Closed
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6442443
  • Added to Site: 875 day(s) ago

Parking

  • Carport Spaces: 6
  • Parking Features: Assigned, Asphalt, Paved, Open

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, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)

Financial Considerations

  • Operating Expenses: $8,492
  • Tax Amount: $8,270
  • Tax Year: 2023
  • Terms: FHA, Cash
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Electricity, Fuel
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 032 MILL COS ADDN TO ST ANTHONY FALLS NELY 1/3 OF LOTS 6 AND 7
  • Property ID: 2302924110087

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with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 728 2nd Ave SE

School District:Mounds View Public School District
NameGradesDistance
Valentine Hills Elementary School
1770 County Rd E2 W, Arden Hills, MN 55112
1-51 mi
Pike Lake Kindergarten Center
2101 14th Street Northwest, New Brighton, MN 55112
K-PK2.4 mi
Highview Middle School
2300 7th Street Northwest, New Brighton, MN 55112
6-82 mi
Mounds View Senior High School
1900 Lake Valentine Road, Arden Hills, MN 55112
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 728 2nd Ave SE

Date
Details
Price
Change
Source
12/13/2023
Sold
$732,000
-2.4%
MLS
10/06/2023
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

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Price Reduced near 728 2nd Ave SE

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408 Natchez Ave S, Golden Valley, MN 55416 - Photo 1 Price Reduced
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10 Western Terrace, Golden Valley, MN 55426 - Photo 1 Price Reduced
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4232 Halifax Ave N, Robbinsdale, MN 55422 - Photo 1 Price Reduced
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728 2nd Avenue SE, Minneapolis, MN 55414 (MLS# 6442443) is a Triplex property that was sold at $732,000 on December 13, 2023. Want to learn more about 728 2nd Avenue SE? Do you have questions about finding other Triplex real estate for sale in Marcy-Holmes? You can browse all Marcy-Holmes real estate or contact a Coldwell Banker agent to request more information.