620 S 9th ST new

Minneapolis,MN 55404

$ 775000

- Bed

- Bath

3052 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,052 sqft

Price per Sqft $253

Subdivision Mattisons 3Rd Add

MLS Listing ID 6753497

Year Built 1886

Annual Tax Amount $7,367

Tax Year 2025

Lot Size 2,613 Sqft

Property Sub-Type Triplex

Property Description

Historic brownstone triplex located in the heart of Downtown Minneapolis, offering rare grandfathered zoning that permits multiple rental units under one roof — a unique advantage in this highly sought-after location. Believed to be the birthplace of John Paul Getty, this distinguished property blends timeless architecture with solid income-producing potential across three separate units.

The upper-level 1BR/1BA unit serves as the premier space, featuring a private rooftop deck with panoramic views of the surrounding community. Bright, elevated, and ideal for premium renters seeking downtown convenience paired with outdoor space.

The remaining units include a spacious 2BR/1BA and a versatile 2BR/2BA, each with private entrances and layout appeal for stable, long-term tenants. All units reflect the building's historic charm while offering the functionality modern renters appreciate.

Located just blocks from U.S. Bank Stadium and minutes to dining, parks, retail, and light rail access, this triplex presents both strong walkability and long-term appreciation potential. Investors will value the cash flow stability, zoning flexibility, and future development upside.

Key highlights:
• Grandfathered zoning allowing multiple rentals in one historic structure
• Upper-level 1BR unit with private rooftop deck and scenic views
• Two additional units with proven rental income and tenant appeal
• Walkable access to stadium, shopping, restaurants, transit, and entertainment

A rare blend of character, cash flow, and location — ideal for the investor who values heritage and strong fundamentals.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Gravity

Exterior

Parking Features Parking Lot,Paved

Building

Story More Than 2 Stories

Foundation 1108

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

New Construction false

Schools

School District Minneapolis

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