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Active
$589,900
/mo Edit
Multi-family:  Triplex
Built 1900
2,784 sqft • 0.14 acres
Minneapolis schools
MLS# 6687643
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    Property Description

    Welcome to 2320 Quincy Street NEā??a beautifully maintained triplex nestled in the heart of the vibrant Northeast Arts District. This versatile property offers five bedrooms and three bathrooms across three units. With a strong rental history on short-term rental platforms, this home offers excellent income potential for anyone looking to offset their mortgage. Step inside to find a tasteful blend of vintage character and modern updatesā??gorgeous natural woodwork, leaded glass windows, original hardwood floors, and bright, stylish kitchens. Tenants and guests enjoy distinct, well-appointed spaces including a cozy living area, a bright dining room with bay windows, and a cheerful kitchen with a retro red fridge and vintage sink. Outside, enjoy a spacious backyard, two elevated decks, and dedicated parking with a two-car garage and alley access. Located just minutes from Quincy Street Food Hall, Indeed Brewing, Art-A-Whirl galleries, and beloved coffee shops, restaurants, and boutiques, this property offers unbeatable access to everything Northeast has to offer.

    Listing

    Contingency: None
    Price per sq ft: $212
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Triplex
    Zip Code: 55418
    Neighborhood/Area: Holland
    Subdivision Name: Wilsons Rgt Blks East Side Add

    Interior

    Living Area: 2,784 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: Full

    Exterior

    Stories: More Than 2 Stories
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 1,092 ft2
    Fencing: Privacy, Wood
    Handicap Accessible: None
    Heating System:
    • Forced Air
    • Hot Water
    • Other
    • Radiator(s)
    Parking Features: Detached
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Metal Siding
    • Vinyl Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 45.011554, -93.251349
    Lot Dimensions: 40 x 150
    Zoning: Residential-Multi-Family
    Lot Description: Many Trees

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $3,600
    Annual Fuel Expense: $3,600
    Annual Insurance Expense: $3,000
    Annual Maintenance Expense: None
    Annual Gross Expense: $12,240
    Annual Trash Expense: $1,020
    Annual Water/Sewer Expense: $1,020

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,354
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,354

    Income

    Annual Gross Income: $62,400

    Units

    Total Units: 3

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.