1411 Grand Street NE, Minneapolis, MN 55413

New Listing
$569,500
Property Type: Multi-Family Bedrooms: 4 Baths: 4 Square Footage: 3,490 Lot Size (sq. ft.): 8,712 Status: Active
Current Price: $569,500 List Date: 7/08/2026 Last Modified: 7/08/2026

Overview

Description

Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term r ...

Listing Details MLS# 7105738

General Property Information

# Carport Spaces
Yes
Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1900
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1356
Above Ground SqFt
2306
Below Grd Total SqFt
1184
Total SqFt
3490
Foundation Size
1184
Style
(MF) Triplex
Total Finished Sqft
2306.00
Garage Stalls
3
Lot Dimensions
132x66x132x33
Acres
0.2
Assessment Pending
Unknown

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Full; Unfinished Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block; Stone Fuel: Natural Gas Heating: Forced Air Laundry: Common Area; In Unit Parking Characteristics: Carport; Paved Lot Rental License Type: Airbnb; Standard Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Countertops-Granite; Ceiling Fan(s); Hardwood Floors Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Disposal; Microwave; Range; Refrigerator Unit 2 Amenities: Countertops-Granite; Open Floor Plan; Walk-In Closet; Hardwood Floors Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Microwave; Range; Refrigerator Unit 2 Cooling: Central Unit 3 Amenities: Countertops-Granite; Open Floor Plan; Hardwood Floors Unit 3 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Cooling: Central Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
569500
ListPrice
569500
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1411
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

Tax With Assessments
7706
Assessment Balance
0

Basement

Foundation Dimensions
64x18.5
Full
Yes
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
2306

Income and Expenses

Annual Gross Expenses
4200
Annual Gross Income
64200
Annual Net Income
60000
Total Annual Expenses
4200
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
400
Carport
Yes
Paved Lot
Yes

Public Survey Info

Range#
24
Section#
15
Township#
29

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
Annual Rent
17400
Finished SqFt
700
Full Baths
Yes
Monthly Rent
1450
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 2

Furnished?
Yes
Leased?
No
Level
Main Level
Unit Number
2
Annual Rent
24000
Finished SqFt
450
Full Baths
Yes
Monthly Rent
2000
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit 3

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
3
3/4 Baths
Yes
Annual Rent
22800
Finished SqFt
950
Full Baths
Yes
Monthly Rent
1900
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
2
Total Rooms
9

Unit Details

Total Units
3

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 017 BLOCK 002 TRADERS ADDN TO ST ANTHONY SELY 65 FT
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
1502924140076
Tax Year
2025
Tax Amount
7706
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental. Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month. Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied. Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota. Don’t miss your chance to own this unique, updated triplex and all its amenities!
Directions
Broadway to Marshall, N to 13th, E to Grand

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Construction Status

Previously Owned
Yes

Exterior

Vinyl
Yes

Foundation

Concrete Block
Yes
Stone
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

Common Area
Yes
In Unit
Yes

Patio, Porch and Deck Features

Enclosed
Yes
Front Porch
Yes

Rental License Type

Airbnb
Yes
Standard
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Three
Yes

No. of Refrigerators

Three
Yes

Unit 1 Amenities

Countertops-Granite
Yes
Ceiling Fan(s)
Yes
Hardwood Floors
Yes

Unit 1 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Amenities

Countertops-Granite
Yes
Open Floor Plan
Yes
Walk-In Closet
Yes
Hardwood Floors
Yes

Unit 2 Appliances

Stainless Steel Appliances
Yes
Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Cooling

Central
Yes

Unit 3 Amenities

Countertops-Granite
Yes
Open Floor Plan
Yes
Hardwood Floors
Yes

Unit 3 Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 3 Cooling

Central
Yes
IDX
Listing Office: Algo Realty Inc
Last Updated: July - 08 - 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.
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