2209 Aldrich Avenue SMinneapolis, MN 55405
$509,900
6 bedrooms · 3 bathrooms · 3,436 finished sq ft · 0.17 acre lot
About this home
The property features three separate units, each with its own private entrance, making it an excellent opportunity for investors or owner occupants looking to generate rental income. The main level unit offers a spacious 2-bedroom, 1-bathroom layout, the lower level features a studio apartment, and the upper unit spans two stories with 3 bedrooms and 1 bathroom, providing a variety of rental options to appeal to a wide range of tenants. Recent exterior improvements include freshly painted siding and a new deck, adding both curb appeal and outdoor living space. With separate entrances for each unit, functional floor plans, and strong rental potential, this property is well-positioned for steady cash flow while still offering opportunities for future value appreciation. Located in one of Minneapolis' most desirable rental markets, this triplex provides easy access to downtown, major transit routes, lakes, and neighborhood amenities, making it a highly attractive investment for years to come.
Home facts
- Home type
- Multi-family home
- Style
- Triplex
- Year built
- 1900
- Bedrooms
- 6
- Bathrooms
- 3
- Finished sq ft
- 3,436
- Lot
- 0.17 acres
- Garage
- 1 stalls
- Basement
- Finished
- Heating
- Natural Gas, Baseboard
- Property taxes
- $10,541 a year
- Listed
- September 10, 2026
- MLS number
- 7141930
Listing courtesy of Fuze Real Estate (Dalton Ogg). MLS #7141930.
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How it compares
2209 Aldrich Avenue S, Minneapolis, MN 55405 is a 6-bedroom multi-family home built in 1900 in Lowry Hill East, listed for $509,900 on September 10, 2026 by Fuze Real Estate. That is in the upper quarter of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $148 per square foot here against $170 for the group). That works out to $148 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.
- Lowry Hill East, 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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