LKV Realty
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$900,000
$5,000Reward *
5424 32nd Avenue S, Minneapolis, MN 55417Listing ID 7103604

5424 32nd Avenue S, Minneapolis, MN 55417

Active
C F E Peterson Co Nokomis Park
Time on site: 35 daysLast updated: 5 days ago
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Triplex
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
6
Square Feet
Square Feet
5,400
Days on Site
Days on Site
5
Heating
Heating
Forced Air
Year Built
Year Built
2022
Garages
Garages
2
Parking
Parking
Attached Garage

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!

Property Information

Property Details

Location

Address
5424 32nd Avenue S
County
Hennepin
City
Minneapolis
Zip Code
55417
Subdivision
C F E Peterson Co Nokomis Park
School District
Minneapolis

Interior Features

Beds and Baths

Bedrooms
9

Building

Building Information

Square Feet
5,400
Year Built
2022
Foundation
Block

Property Taxes

Tax Annual Amount
$13,914
Tax Year
2026
Real Estate Corners, Inc, (612) 483-1230

Market Report for 55417

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 13 Aug 2026, 07:13 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

NST502013637