About 5424 32nd Avenue S
Exceptional investment opportunity! This hard-to-find triplex, built in 2022, is located in the heart of South Minneapolis and offers immediate cash flow with all three units currently rented for a total monthly income of $7,500. Each unit features 3 bedrooms, 2 full bathrooms, an open and functional floor plan, and a stylish kitchen complete with granite countertops and stainless steel appliances. Built with modern finishes and low-maintenance construction, this property is an excellent addition to any investment portfolio. Conveniently located near shopping, dining, parks, public transportation, and major highways, this turnkey income-producing property offers the perfect combination of quality, location, and long-term rental potential. Each unit has its own PID number for a chance to sell each unit individually. A rare opportunity you won't want to miss!
Features of 5424 32nd Avenue S
| MLS® # | 7103604 |
|---|---|
| Price | $900,000 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Square Footage | 5,400 |
| Acres | 0.15 |
| Year Built | 2022 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
Community Information
| Address | 5424 32nd Avenue S |
|---|---|
| Area | 82 |
| Subdivision | C F E Peterson Co Nokomis Park |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55417 |
Amenities
| Parking | Attached Garage |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Vinyl |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 62 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
| Taxes | $13,914 |
| Tax Year | 2026 |
Listing Details
| Office | Real Estate Corners, Inc |
|---|
Listing Map
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