Home for Sale in Minneapolis
1407 Madison NE Street
Minneapolis, MN 55413

Price
$675,000

MLS #
6737235

Status
Active


Request Showing

Property Details

No. of Units
3

Year Built
1916

Square Feet
3,428

Acres
0.12

2025 Property Taxes
$8,973

School District
Minneapolis

County
Hennepin


Turnkey Non-conforming Triplex in Prime NE Minneapolis! An exceptional opportunity to own a fully leased, well-maintained non-conforming triplex in the heart of Northeast Minneapolis. This building features three, 2 bedroom, 1 bathroom units, each offering in-unit laundry and separate utilities. All units are currently tenant-occupied with leases in place, making this a true plug and play investment. Positioned on a quiet, tree-lined street with easy access to Logan Park, dining, breweries, coffee shops and all the charm of the NE Arts District, this property offers strong rental appeal and future value growth. Tenants enjoy natural light, and access to a shared backyard and enclosed porches perfect for relaxation or extra storage. Ideal for both seasoned investors and house hackers. Live in one unit and rent the others or enjoy steady cash flow with three performing units. A rare chance to secure a multifamily property in one of Minneapolis’s most desirable rental markets.

6737235
Leaflet | Map data © Mapbox contributors

Head north on Central Ave NE, turn right onto NE Madison St, 1407 Madison St NE will be on the left.


Head north on Central Ave NE, turn right onto NE Madison St, 1407 Madison St NE will be on the left.

Unit Information


Unit 1

Unit 2

Unit 3

Features


Heating
Hot Water

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
Ryan Walseth of Keller Williams Realty Integrity Lakes

Listed
06/13/25 and last updated 06/19/25

northstar Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Similar Listings