4376 Upper 71st ST E Inver Grove Heights, MN 55076
5 Beds
3 Baths
2,560 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $185
MLS Listing ID 7095881
Bedrooms 5
Year Built 1915
Annual Tax Amount $3,806
Tax Year 2026
Contingent None
Lot Size 1.247 Acres
Lot Dimensions Irregular
Property Sub-Type Triplex
Property Description
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.
Location
State MN
County Dakota
Zoning Residential-Multi-Family
Rooms
Basement None
Interior
Heating Boiler, Radiator
Fireplace No
Laundry Common Area
Exterior
Parking Features Detached Garage, Gravel
Garage Spaces 2.0
Pool None
Roof Type Flat,Rubber
Building
Lot Description Irregular Lot, Tree Coverage - Medium, Underground Utilities
Story One
Foundation 2560
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Block
New Construction false
Schools
School District Inver Grove Hts. Community Schools