1316 7th Street SE Minneapolis, MN ^$ 1,600,000

1316 7th Street SE

^$ 1,600,000

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1316 7th Street SE

Minneapolis, MN, 55414

^$ 1,600,000

Bedrooms8 Baths2.1 Sq 4,224

Monthly Estimate*

^$ 11,051

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Multi-Family Home for sale in Minneapolis, MN

for $1,600,000 with 8 bedrooms and 2 full baths, 1 half bath. This 4,224 square foot home was built in 1910 on a lot size of 0.210009.

Triplex: 12 unit house - located in the heart of Dinkytown. Rented as room for rent property. (Range $640-750). Property has lodging license. Offers a great option for student housing. 4 bedrooms on floor 1. 5 bedrooms on floor 2. 3 bedrooms on floor 3. Renovated 2022 (new roof, windows, siding & interior updating). Residents pay flat fee for utilities $100 monthly, $100 per month for parking on site, shared laundry in basement - 2 kitchens, 1st & 2nd floor. Opportunity for investors! Additional information in supplements.

Multi-Family Active

Price

^$ 1,600,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 13,210

Style

Triplex

Lot Size

0.210009

Year Built

1910

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7025444

Features

General

Living Area 4224

Sewer City Sewer/Connected City Sewer - In Street

Heating Hot Water

Roof Age 8 Years or Less Asphalt Pitched

Garage Spaces 0

Year Built 1910

Electric Circuit Breakers 100 Amp Service

Tenant Pays Other Parking Fee

Levels More Than 2 Stories

Property Subtype Triplex

Tax Year 2026

Gross Income 128544

Accessibility None

County Hennepin

Operating Expense 0

Insurance Expense 0

New Construction N

Property Type Residential Income

Contingency None

MaintenanceExpense 2000

Directions 35W to University Ave right left to 7th St SE

City Minneapolis

High School District Minneapolis

Zoning Description Residential-Multi-Family

Number Of Units Total 3

Lot Size Units Square Feet

Carport Spaces 12

Land Lease Y/N N

Tax Annual Amount 13210

Electric Expense 3600

Fuel Expense 3180

Trash Expense 3000

Water Sewer Expense 3000

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Interior

Basement Block Full Concrete Unfinished

Basement (Y/N) Y

Above Grade Finished Area 4224

Laundry Features In Basement

Total Bedrooms 8

Below Grade Finished Area 0

Total Baths 3

Foundation Dimensions 22x64

Fuel Electric Natural Gas

Exterior

Parking Features Asphalt Parking Lot More Parking Onsite for Fee

Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium

Water Source City Water/Connected City Water - In Street

Lot Size Area 9148

Building Area Total 5632

Lot Dimensions 55x165

Waterfront Y/N N

Foundation Area 1408

Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer

Internal Only

Street Number 1 1316

* Excluded Features

List By

Edina Realty, Inc.

Broker

lindaoberpriller@edinarealty.com

Affordability Calculator

$12,152

Per Month

Monthly Principal & Interest: $11,051
Monthly Property Taxes: $1,101
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$481,981

Percent of Sale Price 70%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/25/2026	$1,600,000		Listed Price

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1316 7th Street SE, Minneapolis, MN, 55414 is a Multi-Family Home for sale at $1,600,000 with 4,224 sqft and a lot size of 0.210009. 1316 7th Street SE has 8 bedrooms, 2.1 baths, and was built in 1910. The property's zip code is 55414 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/15/2026.

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1316 7th Street SE

Multi-Family Home for sale in Minneapolis, MN

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