$569,500
1411 Grand Street NE Minneapolis, MN 55413
For Sale MLS# 7105738
4 beds 4 baths 2,306 sq ft Multi-family
Details for 1411 Grand Street NE
MLS# 7105738
Description for 1411 Grand Street NE, Minneapolis, MN, 55413
Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis.Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit.There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities.Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental.Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month.Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied.Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota.Don’t miss your chance to own this unique, updated triplex and all its amenities!
Listing Information
Property Type: Multi-family, Triplex
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.20 Acres
Square Feet: 2,306 sq ft
Year Built: 1900
Foundation: 1,184 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Traders Add To St Anthony
Number Of Units Total: 3
County: Hennepin
Days On Market: 14
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Unit, Common Area
Interior Features
Square Footage above: 2,306 sq ft
Basement: Unfinished, Full
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 3
Open Parking: 8
Parking Description: Paved Lot, Carport, Detached Garage, Garage Sq Ft - 400.0
Exterior: Vinyl
Lot Dimensions: 132x66x132x33
Zoning: Residential-Multi-Family
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1450
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 2000
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1900
Unit 3 Baths Total: 2
Unit 3 Beds Total: 2
Unit 3 Rooms Total: 9
Driving Directions
Broadway to Marshall, N to 13th, E to Grand
Financial Considerations
Gross Income: 64200
Expense: 4200
Tax/Property ID: 1502924140076
Tax Amount: 7706
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Algo Realty Inc
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1411 Grand Street NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1411 Grand Street NE
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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