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- Description
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- Facts & Features
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$400,000
Monthly Est:$1,991
4 Beds
- 3 Baths
2,664sqft
226 Gramercy Ave, Minneapolis, MN 55405
$400,000
$1,991/moEst:
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Triplex
Built in 1912
$-- HOA
6,534 sqft lot
$150/sq.ft
Description
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!
- Houzeo last checked: 10 minutes ago
- Listing updated: September 14, 2026 at 7:59 pm
- Listing Provided by: Douglas P Herkenhoff (612) 865-3770 | Edina Realty, Inc. (952) 927-1100
- Source: Northstar MLS-MN | MLS#: 7128878

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1912
HOA Fees
-
Finished Area
2,664 sqft
Lot Size
6,534 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7128878
Days on Market
51
Cumulative Days on Market
93

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Interior
Exterior Features
Stucco, Wood
Sewer
City Sewer/connected
Heating
Forced Air
Construction
Year Built
Year Built: 1912
Home type
Triplex
Foundation Details
Block, Combination, Poured Concrete, Stone
Utilities & Energy
Basement
Daylight/lookout Windows, Full, Owner Access, Unfinished
Water Source
City Water/connected
Laundry Features
Main Level, In Unit
Parking Features
Detached Garage, Rv Access/parking
Other Features
Tenant Pays
Cable Tv, Electricity, Gas
Lot Features
Public Transit (w/in 6 Blks)
Price History
| Date | Event | Price |
|---|---|---|
09/14/2026 Source: | Listed for Sale | $400,000 -2.44% $150/sqft |
12/04/2025 Source: | Listing Removed | $410,000 $154/sqft |
11/14/2025 Source: | Price Decreased | $410,000 -2.38% $154/sqft |
10/07/2025 Source: | Listed for Sale | $420,000 $158/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 08, 2026, 11:16PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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