Home for Sale in Minneapolis
226 Gramercy Avenue
Minneapolis, MN 55405

Price
$400,000

MLS #
7128878

Status
Active


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Property Details

No. of Units
3

Year Built
1912

Square Feet
4,553

Acres
0.15

2026 Property Taxes
$7,229

School District
Minneapolis

County
Hennepin


Solid Minneapolis triplex offering a strong rental history, consistent cash flow, and excellent owner-occupant potential! Features one spacious 3BR unit currently leased month-to-month with 60-day notice, plus two large vacant studios ready for new tenants. Major improvements include two new upper-unit furnaces in 2021, new roof in 2018, exterior repainting in 2023, and extensive insulation upgrades in 2023, including spray foam insulation in the walls and added attic insulation. Updated bathrooms, classic hardwood floors, and separate utilities with tenants paying their own gas and electric add to the appeal. Inviting front porches, a 2-car garage, and additional off-street parking. Conveniently located minutes from downtown Minneapolis, Bryn Mawr Park, Theodore Wirth Park, Utepils Brewing, the Minneapolis Farmers Market, and Metro Transit. A well-maintained property with steady rental demand—ideal for an investor or owner-occupant seeking rental income and long-term upside!


Glenwood Ave to Cedar Lk Rd. Go south 1 block to 2nd Ave N. Turn right onto Gramercy Ave N.


Glenwood Ave to Cedar Lk Rd. Go south 1 block to 2nd Ave N. Turn right onto Gramercy Ave N.

Unit Information


Unit 1

Unit 2

Unit 3

Features


Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Lot Size
45x145

Foundation
Block,Combination,Poured Concrete,Stone

Additional Info


Listed By
Douglas Herkenhoff of Edina Realty, Inc.

Listed
08/18/26 and last updated 08/26/26

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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.

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