1300 Grand Street NE
Minneapolis, MN, 55413 $ 500,000
Bedrooms5 Baths3.0 Sq 3,313 Monthly Estimate*
$ 3,453
for $500,000 with 5 bedrooms and 3 full baths. This 3,313 square foot home was built in 1900 on a lot size of 0.14.
Introducing 1300 Grand Street Northeast in Northeast Minneapolis, an exceptional opportunity to own a well-maintained and thoughtfully updated triplex offering both immediate income and future upside. This classic property features three units spanning across 3,313 finished square feet. Unit 1 (main floor) includes a full kitchen, living room, two bedrooms, and a full bathroom. Unit 2 offers a full kitchen, dining area, living room, two bedrooms, and a full bathroom. Unit 3 (third floor) features a kitchen, living area, and one bedroom with an adjacent bathroom. Units 1 and 2 have been extensively renovated with updated kitchens and bathrooms, new flooring, fresh paint, and mechanical improvements. All Units are vacant, providing flexibility for an owner-occupant opportunity or the ability to lease at market rates. Unit 3 offers strong value-add potential for investors looking to further increase rents and build equity through renovation. Additional highlights include a detached garage, new roof in 2026, strong unit layouts, and a prime Northeast location with easy access to local shopping, restaurants, coffee shops, and downtown Minneapolis. Whether you’re looking to owner-occupy, expand your investment portfolio, or secure a turnkey asset with upside, this triplex delivers.
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FeaturesGeneralLiving Area 3313
Sewer City Sewer/Connected
Heating Baseboard Boiler
Roof Asphalt
Garage Spaces 1
Year Built 1900
Tenant Pays Electricity
Levels More Than 2 Stories
Property Subtype Triplex
Tax Year 2026
Gross Income 52800
Accessibility None
County Hennepin
Net Operating Income 32839
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 5900
Subdivision Name Traders Add To St Anthony
Directions Broadway Street NE to NE Main Street to 13th Avenue NE to Grand Street NE
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 3
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 6669.54
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Block
Basement (Y/N) Y
Above Grade Finished Area 3313
Laundry Features In Basement
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 3
Fuel Natural Gas
Garage Dimensions 10x18
Garage Square Feet 180
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ExteriorParking Features Detached Garage
Lot Features Public Transit (w/in 6 blks) Corner Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.14
Building Area Total 4539
Lot Dimensions 66x90
Waterfront Y/N N
Foundation Area 1226
Road Frontage Type City Street Curbs Paved Streets Sidewalks
Road Responsibility Public Maintained Road
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* Excluded FeaturesList Byal.anderson@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,453
- Monthly Property Taxes
- $556
- Monthly 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.
Learn more about how to save NearbyMulti-family listings in Minneapolis, MN
Average List Price $481,297
Percent of Sale Price 4%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/2/2026 | $500,000 | | Listed Price |