4376 Upper 71st Street EInver Grove Heights, MN 55076
$455,000
5 bedrooms · 3 bathrooms · 2,560 finished sq ft · 1.247 acre lot
About this home
Rare suburban triplex in a premier Inver Grove Heights location — an exceptional find for investors seeking stable, long-term cash flow outside the city core. This well-maintained 3-unit property sits on a spacious lot in one of the south metro's most livable communities, just minutes from the Mississippi River and surrounded by an impressive array of recreational amenities. Residents enjoy walkable access to a brand-new city park featuring a playground and splash pad, Swing Bridge Park, and a neighborhood dog park — the kind of lifestyle draw that keeps quality tenants in place year after year. The property's long-term occupancy history speaks for itself: stable residents, consistent income, and minimal turnover. With gross monthly rents of $3,420, this is a turnkey cash-flowing asset with no heavy lifting required from day one. The oversized lot offers exceptional flexibility — ample space for outdoor storage, recreational vehicles, or equipment, a rare perk in suburban multifamily that tenants genuinely value and that sets this property apart from anything comparable in the area. Triplexes in suburban locations like Inver Grove Heights almost never come to market. If you've been waiting for a multifamily opportunity that offers the stability of suburban demographics with the income profile of a true investment property, this is it. Also available is the next-door vacant lot at 7177 River Rd. Sold separately or together.
Home facts
- Home type
- Multi-family home
- Style
- Triplex
- Year built
- 1915
- Bedrooms
- 5
- Bathrooms
- 3
- Finished sq ft
- 2,560
- Lot
- 1.247 acres
- Garage
- 2 stalls
- Basement
- None
- Heating
- Natural Gas
- Property taxes
- $3,806 a year
- Listed
- July 6, 2026
- MLS number
- 7095881
Listing courtesy of Peritus Real Estate (John A Stiles). MLS #7095881.
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How it compares
4376 Upper 71st Street E, Inver Grove Heights, MN 55076 is a 5-bedroom multi-family home built in 1915, listed for $455,000 on July 6, 2026 by Peritus Real Estate. That works out to $178 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:49 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Inver Grove Heights community guideSchools, commutes, parks, home values and local stories.
- Inver Grove Heights housing market, September 2026Homes sold for a median $398,950 over 12 months (+10.4%), 56 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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