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4376 Upper 71st Street EInver Grove Heights, MN 55076

$455,000

5 bedrooms · 3 bathrooms · 2,560 finished sq ft · 1.247 acre lot

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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

Broker ReciprocityListing courtesy of Peritus Real Estate (John A Stiles). MLS #7095881.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 9:49 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

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.

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