2209 Aldrich Avenue S, Minneapolis, MN 55405

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1227
Above Ground SqFt: 3036
Below Grd Total SqFt: 1227
Total SqFt: 4263
Foundation Size: 1227
Style: (MF) Triplex
Total Finished Sqft: 3436.00
Garage Stalls: Yes
Lot Dimensions: 58x128.8
Acres: 0.17

Property Features

Accessible: None Basement: Single Tenant Access Construction Status: Previously Owned Exterior: Wood Foundation: Stone Fuel: Natural Gas Heating: Baseboard Lock Box Type: Combo Owner Pays: Sewer; Snow Removal; Trash Collection; Water Sewer: City Sewer/Connected Tenant Pays: Electricity; Gas Unit 1 Appliances: Dishwasher; Freezer; Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 2 Cooling: Window Unit 3 Cooling: Window Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 525000
ListPrice: 525000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 2209
Street Name: Aldrich
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Sunnyside Add

Assessments

Tax With Assessments: 13757
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3036
Finished SqFt Below Ground: 400

More Information

Income and Expenses

Annual Gross Income: 43080
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 200

Public Survey Info

Range#: 24
Section#: 33
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2027-01-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 20340
Finished SqFt: 1227
Full Baths: Yes
Monthly Rent: 1695
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 9

Unit 2

Furnished?: No
Leased?: No
Level: 2nd Level
Unit Number: 2
Annual Rent: 22740
Finished SqFt: 1436
Full Baths: Yes
Monthly Rent: 1895
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit 3

Furnished?: No
Leased?: No
Unit Number: 3
1/4 Baths: Yes
Finished SqFt: 400
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 2

Unit Details

Total Units: 3

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 018 BLOCK 008 SUNNYSIDE ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2803
Property ID Number: 3302924110143
Tax Year: 2025
Tax Amount: 10541
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Fantastic opportunity to own a well-located triplex in the heart of Minneapolis! Situated near Bde Maka Ska and Lake of the Isles, this property offers unbeatable access to parks, trails, dining, and everything Uptown has to offer. This income-producing property features three separate units, making it ideal for both investors and owner-occupants looking to offset their mortgage. Each unit offers functional layouts with strong rental appeal, and the property presents an excellent opportunity for value-add through cosmetic updates or rent optimization. Located in a high-demand rental area with consistent tenant interest, this triplex is perfectly positioned for long-term appreciation and steady cash flow. Easy access to downtown and major transit routes adds to the desirability for tenants.
Directions: Lyndale to 23rd, left on 23rd, left on Aldrich Ave S

Accessible

None: Yes

Basement

Single Tenant Access: Yes

Construction Status

Previously Owned: Yes

Exterior

Wood: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes

Lock Box Type

Combo: Yes

Owner Pays

Sewer: Yes
Snow Removal: Yes
Trash Collection: Yes
Water: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Appliances

Dishwasher: Yes
Freezer: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Cooling

Window: Yes

Unit 3 Cooling

Window: Yes