2050 W Broadway AvenueMinneapolis, MN 55411
$449,900
8 bedrooms · 3 bathrooms · 3,259 finished sq ft · 0.13 acre lot
About this home
Full interior renovation (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this triplex offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors. Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you’re looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential.
Home facts
- Home type
- Multi-family home
- Style
- Triplex
- Year built
- 1904
- Bedrooms
- 8
- Bathrooms
- 3
- Finished sq ft
- 3,259
- Lot
- 0.13 acres
- Basement
- Unfinished
- Heating
- Natural Gas, Forced Air
- Property taxes
- $10,323 a year
- Listed
- May 13, 2026
- MLS number
- 7073087
Listing courtesy of LPT Realty, LLC (Derrick Witt). MLS #7073087.
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How it compares
2050 W Broadway Avenue, Minneapolis, MN 55411 is a 8-bedroom multi-family home built in 1904 in Jordan, listed for $449,900 on May 13, 2026 by LPT Realty, LLC. That is in the middle range of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $138 per square foot here against $170 for the group). That works out to $138 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Jordan, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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