For Sale Triplex MLS# 7073087

2050 W Broadway Avenue

Minneapolis, MN 55411

$449,900

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About 2050 W Broadway Avenue

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 central 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.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1904
Stories
More Than 2 Stories
Living area
3,259 sqft
Price / sqft
$138
Lot
0.13
Original price
$509,900
MLS #
7073087

Interior

Features
Forced Air, In Basement, Unfinished
Heating
Forced Air
Laundry
In Basement

Exterior & lot

Features
Block, Concrete
Construction
More Than 2 Stories, Block, Age Over 8 Years
Roof
Age Over 8 Years
Foundation
Block
Lot
1602924220171

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected, Circuit Breakers
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$10,323
Tax year
2026
Parcel
1602924220171

Location

Subdivision
Forest Heights
County
Hennepin
Neighborhood
Jordan
Community
Hennepin, City Street, Laundry, Porch, northstar, Minneapolis
Directions
Just east of Penn Ave N, on the north side of West Broadway Ave.

Location

Neighborhood
Jordan
Subdivision
Forest Heights
School district
Minneapolis Public School District

Ask about this property

Questions on 2050 W Broadway Avenue, Minneapolis, MN 55411, or want to see it in person?

Listed by Derrick Witt, LPT Realty, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.