Minneapolis Homes with (MF) Triplex Style

Minneapolis: A Vibrant City with Triplex Style Homes

Welcome to Minneapolis, the largest city in the state of Minnesota and located in Hennepin County. Known for its vibrant culture, beautiful parks, and thriving economy, Minneapolis is a city that offers something for everyone.

When it comes to housing, Minneapolis boasts a variety of architectural styles, including the popular Triplex style homes. Triplex homes, also known as multi-family homes, are residential buildings that consist of three separate units. These properties are an excellent option for homeowners looking to invest in real estate or for those seeking additional rental income.

The Triplex style homes in Minneapolis offer unique advantages. They provide the opportunity to live in one unit and rent out the others, providing a steady stream of income. This can be particularly appealing for first-time homebuyers or investors looking to expand their portfolio.

Moreover, these homes are designed to maximize space and functionality. Each unit typically has its own entrance, ensuring privacy for both residents and tenants. Additionally, Triplex style homes often feature modern amenities and updated interiors, making them attractive to potential renters or buyers.

Minneapolis is a city that values community and offers a range of amenities and attractions. From the vibrant downtown area with its bustling shops and restaurants to the numerous parks and recreational activities, there is always something to do and explore.

If you are considering purchasing a home in Minneapolis, exploring the Triplex style homes could be a great option. With their potential for rental income and modern design, these properties provide an excellent investment opportunity in a city that continues to thrive.

Newest Minneapolis Homes with (MF) Triplex Style

$519,900

6 Beds ⋅ 3 Baths ⋅ 7119612 MLS

The property features three separate units, each with its own private entrance, making it an excellent opportunity for investors or owner occupants looking to generate rental income. The main level unit offers a spacious 2-bedroom, 1-bathroom layout, the lower level features a studio apartment, and the upper unit spans two stories with 3 bedrooms and 1 bathroom, providing a variety of rental options to appeal to a wide range of tenants. Recent exterior improvements include freshly painted siding and a new deck, adding both curb appeal and outdoor living space. With separate entrances for each unit, functional floor plans, and strong rental potential, this property is well-positioned for steady cash flow while still offering opportunities for future value appreciation. Located in one of Minneapolis' most desirable rental markets, this triplex provides easy access to downtown, major transit routes, lakes, and neighborhood amenities, making it a highly attractive investment for years to come.

2209 Aldrich Avenue S, Minneapolis

Listing courtesy of Fuze Real Estate.

$629,900

12 Beds ⋅ 5 Baths ⋅ 7111896 MLS

Excellent investment opportunity. This spacious triplex features three legal rental units plus a non-conforming basement unit for additional rental income, with a total of 12 bedrooms throughout the property. All units are currently occupied and generating income. Numerous updates have been completed, including a brand-new roof, new exterior paint, and many additional improvements throughout. A great opportunity for an investor or owner-occupant looking to generate rental income and build long-term equity.

3018 Chicago Avenue, Minneapolis

Listing courtesy of RE/MAX Results.

$879,900

9 Beds ⋅ 6 Baths ⋅ 7106694 MLS

Rare turnkey multi-family opportunity in the highly coveted East Bde Maka Ska (ECCO) neighborhood of Uptown! This classic property operates as a Triplex with a non-conforming 4th unit, offering an incredible footprint of over 5,100 finished square feet. Whether you are a seasoned investor looking to add a high-demand asset to your portfolio, or an owner-occupant looking to build massive equity while letting rental income cover your mortgage, this property delivers. The building features spacious layouts, classic Minneapolis charm, hardwood floors, abundant natural light, and an attached 2-car garage. The unit mix provides excellent rental versatility and strong historical occupancy. The location is an absolute renter's paradise with unbeatable local amenities. Tenants and owners alike will love being just a short walk to the shores of Lake Bde Maka Ska, and steps away from the vibrant dining, shopping, and entertainment districts of Lyn-Lake and Uptown. Commuting is effortless with excellent public transit options nearby, very bikeable streets, and quick access to I-35W and downtown Minneapolis. Don't miss out on a powerful wealth-building asset in one of the city's most resilient rental markets. Buyer/buyer's agent to verify all local zoning, square footage, and unit compliance details with the city. Schedule your private tour today!

3412 Humboldt Avenue S, Minneapolis

Listing courtesy of MOVE.

$900,000

9 Beds ⋅ 6 Baths ⋅ 7103604 MLS

Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!

5424 32nd Avenue S, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

$900,000

9 Beds ⋅ 6 Baths ⋅ 7103611 MLS

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. Two units are currently rented, providing immediate rental income, while the remaining unit 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!

1911 E 32nd Street, Minneapolis

Listing courtesy of Real Estate Corners, Inc.

$569,500

4 Beds ⋅ 4 Baths ⋅ 7105738 MLS

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!

1411 Grand Street NE, Minneapolis

Listing courtesy of Algo Realty Inc.

$615,400

8 Beds ⋅ 3 Baths ⋅ 7101211 MLS

Great owner-occupant opportunity, 2223 Pleasant Avenue is a 3-unit building with two 3-bedroom units and one 2-bedroom unit on the top floor unit. Historic apartments near the Wedge and Whittier neighborhoods. This property features large living room and dining spaces, ample closets for storage, and covered communal porches and balconies to enjoy the seasons. This property is also close to the bus line. The apartments differ and can feature ceiling fans, hardwood floors, updated kitchen cabinetry, large pantry space, dishwashers, or fireplaces. Newer roofs, modern boilers, newer hot water heaters and updated electric. Front and back entries.

2223 Pleasant Avenue, Minneapolis

Listing courtesy of Metro Group Real Estate.

$575,000

5 Beds ⋅ 3 Baths ⋅ 7098033 MLS

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.

1300 Grand Street NE, Minneapolis

Listing courtesy of Compass.

$445,000

7 Beds ⋅ 4 Baths ⋅ 7090537 MLS

True Triplex in the central neighborhood. Unit #1 shows off 3 bedrooms/2 bathroom. Unit #2 has 3 bedrooms/1 bathroom and an office and unit #3 has 1 bedroom/1 bathroom. One of the three bedroom units may be available for an owner occupant. On the exterior it has a nice porch, vinyl siding and a 2 car garage. Check with the city as there might be a chance to add a fourth unit in the basement. The basement has high ceilings, lots of space and plumbing roughed in. Each unit has their own gas and electric. There is a house gas and electric also. Coin operated machines and all appliances stay with the property at time of sale.

3033 Park Avenue S, Minneapolis

Listing courtesy of Side by Side Realty LLC.

$409,900

6 Beds ⋅ 3 Baths ⋅ 7094932 MLS

Rare South Minneapolis Triplex Opportunity in the Heart of Longfellow/Cooper! Don’t miss this well-maintained and well-located triplex in the highly desirable Cooper neighborhood of South Minneapolis. This income-producing property features three separate units, each offering 2 bedrooms and 1 bathroom, providing strong rental appeal and flexible ownership options. The upper unit features beautiful hardwood floors and an additional porch room, while the side unit has been recently updated with new flooring and new bathroom plumbing. This property has recently seen several significant capital improvements, including a new roof, new main sewer line, plumbing, and updated furnaces—offering peace of mind and reducing major near-term expenses. With three separate forced-air furnaces and three water heaters, the building benefits from efficient independent utilities and simplified management. Situated on a corner lot, the property offers abundant off-street parking, basement storage, and owned coin-operated laundry for tenant convenience. The current tenants are month-to-month leases, with a unit available for an owner occupant. Whether you’re looking to expand your portfolio, owner-occupy, or house hack, this is an exceptional opportunity with immediate cash flow potential and long-term upside located in a vibrant neighborhood with excellent walkability to restaurants and shops.

3300 41st Avenue S, Minneapolis

Listing courtesy of Home Avenue Flat Fee Realty.

$749,900

7 Beds ⋅ 4 Baths ⋅ 7081555 MLS

Spacious multi-level triplex in a prime South Minneapolis location. Built in the Tudor Revival style in 1900, each updated unit offers original character, period built-ins, and generous living spaces. Together, the property features 7 bedrooms, 4 baths, in-unit laundry, and separate mechanicals. Bright layouts with great natural light and strong rental appeal. Excellent walkability to transit, parks, and city amenities. A rare investment opportunity with substantial space and long-term upside.

2700 Pillsbury Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$1,895,000

5 Beds ⋅ 4 Baths ⋅ 7076186 MLS

Perched high above Lake Harriet, this exceptional three-unit multifamily property presents a rare opportunity to own a thoughtfully renovated asset in one of Minneapolis' most coveted locations. Showcasing sweeping lake views and timeless architectural character, each residence has been meticulously remodeled to blend modern comfort with enduring charm. The property offers three distinct living spaces, each featuring updated kitchens, refreshed bathrooms, stylish finishes, and carefully curated design elements throughout. Expansive windows capture natural light and picturesque views of Lake Harriet, creating an inviting atmosphere for residents and guests alike. Whether you're an investor seeking a turnkey income-producing property or an owner-occupant looking to enjoy a premier lakefront lifestyle while generating supplemental income, this offering delivers unmatched versatility. Situated just steps from the lake's walking and biking trails, parks, dining, and neighborhood amenities, residents enjoy an unparalleled connection to one of Minneapolis' most vibrant and desirable communities. A truly unique opportunity to acquire a fully remodeled trophy property overlooking Lake Harriet, where location, lifestyle, and investment potential converge.

4214 Queen Avenue S, Minneapolis

Listing courtesy of Prudden & Company.

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