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1911 E 32nd Street, Minneapolis, MN 55407

New Listing

$900,000

Property Type: Multi-Family Bedrooms: 9 Baths: 6 Square Footage: 5,400 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $900,000 List Date: 7/09/2026 Last Modified: 7/10/2026

Overview

Description

Rare opportunity to own a newly built (2022) triplex in the heart of South Minneapolis! This hard-to-find property features three spacious units, each offering 3 bedrooms, 2 full bathrooms, an open-concept layout, and a beautifully designed kitchen with granite countertops and stainless steel appliances. One unit is currently rented, providing immediate rental income, while the remaining units offer excellent flexibility for an owner-occupant or investor. Live in one unit and let the rental income from the other two help pay your mortgage, or maximize your investment by leasing all three units. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this is an outstanding opportunity to build wealth through real estate. Don't miss your chance to own this exceptional income-producing property!

Listing Details MLS# 7103611

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 2022
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1800
Above Ground SqFt: 3600
Below Grd Total SqFt: 1800
Total SqFt: 5400
Foundation Size: 1800
Style: (MF) Triplex
Total Finished Sqft: 5400.00
Garage Stalls: 2
Lot Dimensions: 100x62
Acres: 0.14
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Egress Windows; Full Construction Materials: Concrete; Frame Construction Status: Completed New Construction Electric: Circuit Breakers Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: In Unit Owner Pays: Insurance; Taxes; Water Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Unit 1 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator Unit 1 Bath Description: 3/4 Primary; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Unit 1 Special Search: 3 BR on One Level; All Living Fac. on One Level; Main Floor Laundry Unit 2 Appliances: Stainless Steel Appliances; Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: 3/4 Primary; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Breakfast Bar; Breakfast Area; Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Unit 2 Special Search: 3 BR on One Level; All Living Fac. on One Level; Main Floor Laundry Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 900000
ListPrice: 900000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1911
Street Direction Prefix: E
Street Name: 32nd
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Minnehaha Add

Assessments

Tax With Assessments: 2617
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3600
Finished SqFt Below Ground: 1800

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 470

Public Survey Info

Range#: 24
Section#: 01
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2028-07-07
Leased?: Yes
Level: 2nd Level
Unit Number: Yes
3/4 Baths: Yes
Finished SqFt: 1800
Full Baths: Yes
Monthly Rent: 2150
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
3/4 Baths: Yes
Finished SqFt: 1800
Full Baths: Yes
No. of Units Like This: 2
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 6

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 018 MINNEHAHA ADDN TO MPLS W 62 1/10 FT OF LOTS 1 AND 2
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1912
Property ID Number: 0102824230019
Tax Year: 2025
Tax Amount: 2127
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rare opportunity to own a newly built (2022) triplex in the heart of South Minneapolis! This hard-to-find property features three spacious units, each offering 3 bedrooms, 2 full bathrooms, an open-concept layout, and a beautifully designed kitchen with granite countertops and stainless steel appliances. One unit is currently rented, providing immediate rental income, while the remaining units offer excellent flexibility for an owner-occupant or investor. Live in one unit and let the rental income from the other two help pay your mortgage, or maximize your investment by leasing all three units. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this is an outstanding opportunity to build wealth through real estate. Don't miss your chance to own this exceptional income-producing property!
Directions: Hwy 55 to West on 32nd Street.

Accessible

None: Yes

Basement

Egress Windows: Yes
Full: Yes

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Completed New Construction: Yes

Electric

Circuit Breakers: Yes

Exterior

Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

In Unit: Yes

Owner Pays

Insurance: Yes
Taxes: Yes
Water: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

No. of Ranges

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

All Utilities: Yes

Unit 1 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

3/4 Primary: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Breakfast Area: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Unit 1 Special Search

3 BR on One Level: Yes
All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Appliances

Stainless Steel Appliances: Yes
Dishwasher: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

3/4 Primary: Yes
Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Breakfast Bar: Yes
Breakfast Area: Yes
Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Unit 2 Special Search

3 BR on One Level: Yes
All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Listing Office: Real Estate Corners, Inc

Last Updated: July - 10 - 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.