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1300 Grand Street NE, Minneapolis, MN 55413

$575,000

Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate opportunities and future upside.

This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom.

Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements.

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Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation.

Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom.

Additional highlights include a detached garage, new roof in 2026, strong unit layouts, and a prime Northeast location with easy access to local shopping, restaurants, coffee shops, and downtown Minneapolis.

Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 4,539 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $575,000 List Date: 6/23/2026 Last Modified: 6/26/2026

Overview

Description

Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate income and future upside. This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom. Unit 2 offers a full kitchen, dining area, living room, two bedrooms, and a full bathroom. Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom. Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements. All Units are vacant, providing flexibility for an owner-occupant opportunity or the ability to lease at market rates. Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation. Additional highlights include a detached garag ... (Read more)

Listing Details MLS# 7098033

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1226
Above Ground SqFt: 3313
Below Grd Total SqFt: 1226
Total SqFt: 4539
Foundation Size: 1226
Style: (MF) Triplex
Total Finished Sqft: 3313.00
Garage Stalls: Yes
Lot Dimensions: 66x90
Acres: 0.14
Assessment Pending: No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Concrete Block Construction Status: Previously Owned Exterior: Other Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard; Boiler Laundry: In Basement Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Gas; Trash Collection; Water Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Tenant Pays: Electricity Unit 1 Bath Description: Main Floor Full Bath Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 575000
ListPrice: 575000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1300
Street Name: Grand
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Complex/Dev/Subdivision: Traders Add To St Anthony

Assessments

Assessment Balance: 368.5
Tax With Assessments: 7038.04

Building Information

Finished SqFt Above Ground: 3313

More Information

Income and Expenses

Annual Gross Expenses: 19961
Annual Gross Income: 52800
Annual Maintenance Expense: 5900
Annual Net Income: 32839
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 10x18
Garage Square Feet: 180

Public Survey Info

Range#: 24
Section#: 15
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 19200
Finished SqFt: 1015
Full Baths: Yes
Monthly Rent: 2000
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: 2
Annual Rent: 20400
Finished SqFt: 1193
Full Baths: Yes
Monthly Rent: 1900
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 3

Furnished?: No
Leased?: No
Unit Number: 3
3/4 Baths: Yes
Annual Rent: 13200
Finished SqFt: 742
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 022 BLOCK 001 TRADERS ADDN TO ST ANTHONY NELY 90 FT
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3444
Property ID Number: 1502924140061
Tax Year: 2026
Tax Amount: 6669.54
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate income and future upside. This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom. Unit 2 offers a full kitchen, dining area, living room, two bedrooms, and a full bathroom. Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom. Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements. All Units are vacant, providing flexibility for an owner-occupant opportunity or the ability to lease at market rates. Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation. Additional highlights include a detached garage, new roof in 2026, strong unit layouts, and a prime Northeast location with easy access to local shopping, restaurants, coffee shops, and downtown Minneapolis. Whether you’re looking to owner-occupy, expand your investment portfolio, or secure a turnkey asset with upside, this triplex delivers.
Directions: Broadway Street NE to NE Main Street to 13th Avenue NE to Grand Street NE

Accessible

None: Yes

Amenities Shared

Common Laundry Facility: Yes

Basement

Concrete Block: Yes

Construction Status

Previously Owned: Yes

Exterior

Other: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Boiler: Yes

Laundry

In Basement: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Owner Pays

Gas: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Rear Porch: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Listing Office: Compass

Last Updated: June - 26 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.