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$400,000

For Sale

A day ago

226 Gramercy Ave, Minneapolis, MN

House

MLS® 7128878

3 Bed

3 Bath

2664 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 2664 sqft
Garage Yes
Taxes $7,229
Days Active 1
Lot Size 6534 SF
Approx. Age 1912
Avg. Price Per Sqft $150
MLS® Number 7128878

Property Address: 226 Gramercy Ave, Minneapolis, MN, 55405-1278

Average square foot calculated using Size range provided by listing agent.

Description

Solid Minneapolis triplex offering a strong rental history, consistent cash flow, and excellent owner-occupant potential! Features one spacious 3BR unit currently leased month-to-month with 60-day notice, plus two large vacant studios ready for new tenants. Major improvements include two new upper-unit furnaces in 2021, new roof in 2018, exterior repainting in 2023, and extensive insulation upgrades in 2023, including spray foam insulation in the walls and added attic insulation. Updated bathrooms, classic hardwood floors, and separate utilities with tenants paying their own gas and electric add to the appeal. Inviting front porches, a 2-car garage, and additional off-street parking. Conveniently located minutes from downtown Minneapolis, Bryn Mawr Park, Theodore Wirth Park, Utepils Brewing, the Minneapolis Farmers Market, and Metro Transit. A well-maintained property with steady rental demand—ideal for an investor or owner-occupant seeking rental income and long-term upside!
MLS® Number7128878
Laundry LevelMain
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1912
BasementDaylight/Lookout Windows, Full, Owner Access, Unfinished
DrivewayDetached Garage, RV Access/Parking
Garage Spaces
HeatForced Air
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 18, 2026List Date
$400,000List Price
  • Commute

Commute

Starting Address
Destination Address
226 Gramercy Ave, Minneapolis, MN

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