MLS: #7128878, Listed By: Douglas Herkenhoff, Edina Realty, Inc., Source:FargoMoorhead Area Association of REALTORS
226 Gramercy Avenue
Minneapolis, MN 55405
3
Bed
3
Bath
2,664Sqft
6,534Sqft(Lot)
Solid Minneapolis triplex offering a strong rental history, consistent cash flow, and excellent owner-occupant potential! Features one spacious 3BR unit currently leased month-to-month with 60-day notice, plus two large vacant studios ready for new tenants. Major improvements include two new upper-unit furnaces in 2021, new roof in 2018, exterior repainting in 2023, and extensive insulation upgrades in 2023, including spray foam insulation in the walls and added attic insulation. Updated bathrooms, classic hardwood floors, and separate utilities with tenants paying their own gas and electric add to the appeal. Inviting front porches, a 2-car garage, and additional off-street parking. Conveniently located minutes from downtown Minneapolis, Bryn Mawr Park, Theodore Wirth Park, Utepils Brewin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 3Room Information
Has Basement: Yes Basement: Full, Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1912 Building Area Total: 4553 Stories: 2 Patio And Porch Features: Front Porch, Rear Porch Private Pool: No
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Lot Information
Lot Dimensions: 45x145 Main Square Feet: 6534 Square Feet Lot Size Acres: 0.15 Lot Size Square Feet: 6534 Lot Description: Near Public Transit
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Listing Price Information
Listing Price: $400000 Cash, Conventional
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Tax Information
Parcel Number: 2102924340168 Tax Year: 2026 Annual Tax: $7229 Tax Legal Desc: LOT 004 SAM E ADAMS HOMESTEAD
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Parking Information
RV Access/ParkingGarage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Glenwood Ave to Cedar Lk Rd. Go south 1 block to 2nd Ave N. Turn right onto Gramercy Ave N. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2125 Harriet Avenue, Minneapolis, MN, 55405 | $995,000 | 8 | 4 | 5,000 | 5,000 SqFt |
| 2305 Garfield Avenue, Minneapolis, MN, 55405 | $374,900 | 4 | 2 | 1,585 | 1,585 SqFt |
| 2507 Lyndale Avenue, Minneapolis, MN, 55405 | $569,900 | 5 | 4 | 3,308 | 3,308 SqFt |
| 2109 Aldrich Avenue, Minneapolis, MN, 55405 | $1,149,000 | 15 | 12 | 5,525 | 5,525 SqFt |
| 2209 Aldrich Avenue, Minneapolis, MN, 55405 | $519,900 | 6 | 3 | 3,436 | 3,436 SqFt |
| 2535 Aldrich Avenue, Minneapolis, MN, 55405 | $1,100,000 | 11 | 5 | 5,225 | 5,225 SqFt |
| 2441 Dupont Avenue, Minneapolis, MN, 55405 | $849,900 | 8 | 4 | 3,753 | 3,753 SqFt |
| 2408 Fremont Avenue, Minneapolis, MN, 55405 | $725,000 | 8 | 4 | 4,434 | 4,434 SqFt |
| 237 Cedar Lake Road, Minneapolis, MN, 55405 | $415,000 | 5 | 4 | 2,600 | 2,600 SqFt |
| 2121 Penn Avenue, Minneapolis, MN, 55405 | $1,229,000 | 8 | 4 | 5,320 | 5,320 SqFt |
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Nearby For Sale
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 08/19/2026 @ 05:56
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