Minneapolis, MN 55414 1316 7th Street SE
$1,600,000
37 more
Presented By: Edina Realty, Inc.
Beds • 8
Full/Half Baths • 2 / 1
SQFT • 4,224
Home Details
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.
Presented By: Edina Realty, Inc.
Interior Features for 1316 7th Street SE
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths3
Other Interior Features
Above Grade Finished Area4224
BasementBlock, Full, Concrete, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
Foundation Dimensions22x64
FuelElectric, Natural Gas
Laundry FeaturesIn Basement
General for 1316 7th Street SE
AccessibilityNone
Additional Parcels Y/NNo
Carport Spaces12
CityMinneapolis
ContingencyNone
CountyHennepin
Directions35W to University Ave right, left to 7th St SE
ElectricCircuit Breakers, 100 Amp Service
Electric Expense3600
Fuel Expense3180
Garage Spaces
Gross Income128544
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4224
Lot Size UnitsSquare Feet
MaintenanceExpense2000
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysExterior Maintenance, Grounds Care, Insurance, Sewer, Snow Removal, See Remarks, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt, Pitched
SewerCity Sewer/Connected, City Sewer - In Street
Standard StatusActive
Tax Annual Amount13210
Tax Year2026
Tenant PaysOther, Parking Fee
Trash Expense3000
Water Sewer Expense3000
Year Built1910
Zoning DescriptionResidential-Multi-Family
Exterior for 1316 7th Street SE
Building Area Total5632
Foundation Area1408
Lot Dimensions55x165
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Area9148
Parking FeaturesAsphalt, Parking Lot, More Parking Onsite for Fee
Road Frontage TypeCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Water SourceCity Water/Connected, City Water - In Street
Additional Details
Price History
John Wichmann
Agent