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MLS: #7095881, Listed By: John Stiles, Peritus Real Estate, Source:FargoMoorhead Area Association of REALTORS

4376 Upper 71st Street

Inver Grove Heights, MN 55076
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Bed 5

Bed

Bath 3

Bath

SqFt2,560

Sqft

Acres1.24

Acres(Lot)

Rare suburban triplex in a premier Inver Grove Heights location — an exceptional find for investors seeking stable, long-term cash flow outside the city core. This well-maintained 3-unit property sits on a spacious lot in one of the south metro's most livable communities, just minutes from the Mississippi River and surrounded by an impressive array of recreational amenities. Residents enjoy walkable access to a brand-new city park featuring a playground and splash pad, Swing Bridge Park, and a neighborhood dog park — the kind of lifestyle draw that keeps quality tenants in place year after year. The property's long-term occupancy history speaks for itself: stable residents, consistent income, and minimal turnover. With gross monthly rents of $3,420, this is a turnkey cash-flowing asset wit h no heavy lifting required from day one. The oversized lot offers exceptional flexibility — ample space for outdoor storage, recreational vehicles, or equipment, a rare perk in suburban multifamily that tenants genuinely value and that sets this property apart from anything comparable in the area. Triplexes in suburban locations like Inver Grove Heights almost never come to market. If you've been waiting for a multifamily opportunity that offers the stability of suburban demographics with the income profile of a true investment property, this is it. Also available is the next-door vacant lot at 7177 River Rd. Sold separately or together.

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Detail Ic Property Details

Property Type : Residential Income

Price : $475,000

AD Id : 87686281

MLS Id : 7095881

Beds : 5

Lot Size : 1.24 Acres

Living Area Size : 2,560

Year Built : 1915

Garage : 2

County : Dakota

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3

    Room Information

    Basement: None
  • Roofing Information

    Flat, Rubber
  • Interior Features

    Roof: Flat, Rubber Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Radiant

  • Building Information

    Year Built: 1915 Building Area Total: 2560 Construction Materials: Block Stories: 1 Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: Irregular Main Square Feet: 1.24 Acres Lot Size Acres: 1.24 Lot Size Square Feet: 54014.4 Lot Description: Irregular Lot, Level

  • Listing Price Information

    Listing Price: $475000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 200110029134 Tax Year: 2026 Annual Tax: $3806 Tax Legal Desc: 11 27 22 PT OF GOV LOT 8 COM 946.8 FT E & 936.98 FT S OF NW COR W 321.5 FT TO RR R/W SE 396 FT TO S LINE GL 8 E 100 FT N 134 FT E 90 FT N 150FT E 104 FT TO C/L ST N 100 FT TO BEG LYING S & W OF LINE COM INT S LINE GL 8 & E R/W OF RR E 94.23(100)FT N 132. 67(134)FT E 90 FT N 150 FT TO BEG OF LINE W 10.01 FT N 62D13M16S W 61.41 FT N'LY 26.29 FT ON N-T CUR TO LEFT (RAD 89.73FT C/A 16D51M28S) N'LY 43.70 FT ON REV CUR TO RT (RAD 78.80FT C/A 31D46M 27S) N 5.00 FT & THERE TERM

  • Garage Information

    Has Garage: Yes Garage Space: 2
    Homeowners Association Information
    Association Amenities: Coin Laundry

  • Utility Information

    Underground Utilities
  • Location Information

    Direction: From HWY 494 take the Concord ST S exit. Go South until Dixie Ave E and turn left. Go South to Upper 71st St E and turn left. Property is on the right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7818 Davidson Court, Inver Grove Heights, MN, 55076 $599,900 5 4 4,024 4,024 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 07/20/2026 @ 00:24

MLS: 7095881 LISTED BY: John Stiles, Peritus Real Estate 612-554-7794 SOURCE: FargoMoorhead Area Association of REALTORS

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