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MLS: #7073087, Listed By: Derrick Witt, LPT Realty, LLC, Source:FargoMoorhead Area Association of REALTORS

2050 W Broadway Avenue

Minneapolis, MN 55411
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Bed 8

Bed

Bath 3

Bath

SqFt3,259

Sqft

Acres0.13

Acre(Lot)

Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three cent ral air units, making management simple and utility separation clean for owner-occupants or investors. Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you’re looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.

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Detail Ic Property Details

Property Type : Residential Income

Price : $489,900

AD Id : 78646538

MLS Id : 7073087

Beds : 8

Lot Size : 0.13 Acre

Living Area Size : 3,259

Year Built : 1904

County : Hennepin

Subdivision: Rural Tract (no Subd)

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 3

    Room Information

    Has Basement: Yes Basement: Unfinished
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1904 Building Area Total: 4501 Patio And Porch Features: Front Porch Pool Features: None Private Pool: No

  • Lot Information

    Lot Dimensions: 45x125x45x125 Main Square Feet: 0.13 Acres Lot Size Acres: 0.13 Lot Size Square Feet: 5662.8

    Property Information

    Subdivision: Forest Heights Source Property Type: Residential Income Property SubType: Triplex Property Age: 122

  • Listing Price Information

    Listing Price: $489900 Original Price: $509900 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 1602924220171 Annual Tax: $15747

  • Homeowners Association Information
    Association Amenities: Laundry, Elevator(s)

  • Location Information

    Direction: Just east of Penn Ave N, on the north side of West Broadway Ave. WaterSource: Public
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Nearby Home Value

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3015 Girard Avenue, Minneapolis, MN, 55411 $240,000 4 2 1,857 1,857 SqFt
3010 Logan Avenue, Minneapolis, MN, 55411 $255,000 3 2 1,496 1,496 SqFt
1414 Logan Avenue, Minneapolis, MN, 55411 $300,000 5 2 2,100 2,100 SqFt
1332 Logan Avenue, Minneapolis, MN, 55411 $300,000 3 2 1,824 1,824 SqFt
3118 Newton Avenue, Minneapolis, MN, 55411 $369,900 4 2 1,730 1,730 SqFt
3104 Oliver Avenue, Minneapolis, MN, 55411 $374,999 7 2 2,288 2,288 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 06/15/2026 @ 02:43

MLS: 7073087 LISTED BY: Derrick Witt, LPT Realty, LLC 877-366-2213 SOURCE: FargoMoorhead Area Association of REALTORS

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