2050 W Broadway Avenue, Minneapolis, MN

$475,000

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8

Beds

3

Baths

3,259

Square feet

0.13

Acres

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.

Features of 2050 W Broadway Avenue

MLS® # 7073087
Price $475,000
Bedrooms 8
Bathrooms 3.00
Square Footage 3,259
Acres 0.13
Year Built 1904
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 2050 W Broadway Avenue
Area 36
Subdivision Forest Heights
City Minneapolis
County Hennepin
State MN
Zip Code 55411

Amenities

Amenities Laundry, Porch
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Block, Concrete
Lot Description Tree Coverage - Light
Roof Age Over 8 Years

School Information

District Minneapolis

Additional Information

Days on Market 66
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $10,323

Listing Details

OfficeLPT Realty, LLC

Listing Map

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