$475,000
4376 Upper 71st Street E Inver Grove Heights, MN 55076
For Sale MLS# 7095881
5 beds 3 baths 2,560 sq ft Multi-family
Details for 4376 Upper 71st Street E
MLS# 7095881
Description for 4376 Upper 71st Street E, Inver Grove Heights, MN, 55076
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.
Listing Information
Property Type: Multi-family, Triplex
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 1.25 Acres
Square Feet: 2,560 sq ft
Year Built: 1915
Foundation: 2,560 sq ft
Garage: Yes
Stories: 1 Story
Number Of Units Total: 3
County: Dakota
Days On Market: 14
Construction Status: Previously Owned
School Information
District: 199 - Inver Grove Hts. Community Schools
Additonal Room Information
Laundry: Common Area
Interior Features
Square Footage above: 2,560 sq ft
Accessibility: No Stairs External, No Stairs Internal
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Boiler, Natural Gas, Radiator
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Detached Garage, Driveway - Gravel, Garage Sq Ft - 624.0
Exterior: Block
Roof: Rubber, Flat
Lot Dimensions: Irregular
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Irregular Lot, Tree Coverage - Medium, Underground Utilities, Road Frontage - City
Community Features
Association Amenities: Coin-op Laundry Owned
Driving 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.
Financial Considerations
Tenant Pays: Snow
Owner Pays: Electric,Gas,Heat,Hot Water,Lawn,Repairs,Taxes,Trash,Water
Gross Income: 41700
Expense: 15155
Tax/Property ID: 200110029134
Tax Amount: 3806
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Peritus Real Estate
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 4376 Upper 71st Street E
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 4376 Upper 71st Street E
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
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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