ACTIVE$400,000
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis - Mike Wilen | Minnesota Team Real Estate

Property information

Beds
4
Baths
3
Sq Ft
2,664
Year Built
1912
Property Type
Triplex
Acres
0.15
County
Hennepin
Waterfront
No
Waterfront View
—
Waterfront Feet
—
Water Body
—
Parking
2
Basement
Full, Unfinished
Price/Sqft
$150
Stories
Two
HOA Fee
N/A
Updated
10 D AGO
List Date
8/18/2026

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 a 1 bedroom and a studio 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!

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View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (2 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (3 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (4 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (5 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (6 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (7 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (8 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (9 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (10 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (11 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (12 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (13 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (14 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (15 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (16 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (17 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (18 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (19 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (20 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (21 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (22 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (23 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (24 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (25 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (26 of 27) - Mike Wilen | Minnesota Team Real Estate
View of Residential Income at 226 Gramercy Avenue, Minneapolis MN 55405, Minneapolis (27 of 27) - Mike Wilen | Minnesota Team Real Estate

Listed by: Edina Realty, Inc.