For Sale Triplex MLS# 7095881

4376 Upper 71st Street E

Inver Grove Heights, MN 55076

$465,000

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About 4376 Upper 71st Street E

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 with 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.

Property details

Property

Type
Triplex
MLS type
Triplex
Status
Active
Year built
1915
Stories
One
Living area
2,560 sqft
Price / sqft
$182
Lot
1.247
Original price
$475,000
MLS #
7095881

Interior

Features
Boiler, Radiator, Common Area
Heating
Boiler, Radiator
Laundry
Common Area

Exterior & lot

Features
Block, Detached Garage, Gravel
Construction
One, Slab, Flat, Rubber
Roof
Flat, Rubber
Foundation
Slab
Lot
200110029134, Level
Parking
Detached Garage, Gravel
Garage spaces
2

Schools

District
Inver Grove Heights Schools

Utilities

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

Financial

Financial
northstar
Annual tax
$3,806
Tax year
2026
Parcel
200110029134

Location

County
Dakota
Community
Dakota, City Street, Coin-op Laundry Owned, northstar, Inver Grove Hts. Community Schools
Directions
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.

Location

School district
Inver Grove Heights Schools

Ask about this property

Questions on 4376 Upper 71st Street E, Inver Grove Heights, MN 55076, or want to see it in person?

Listed by John A Stiles, Peritus Real Estate

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.