$543,000
$539,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
1025 22nd AVE NE Minneapolis, MN 55418
3,017 SqFt
Key Details
Sold Price $543,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,017 sqft
Price per Sqft $179
Subdivision Polk Street Sub
MLS Listing ID 6480980
Sold Date 03/08/24
Year Built 1900
Annual Tax Amount $5,716
Tax Year 2023
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40x140
Property Description
Exceptional income-producing up-down duplex located on a quiet street in the sought-after Northeast neighborhood of Minneapolis. Just a few blocks from Central Avenue, this property offers convenient walking distance to restaurants, coffee shops, grocery stores, parks, and more. The duplex has recently undergone an extensive remodel.
Unit 1 features a new kitchen, bathroom, high-efficiency furnace, and a finished basement. Both units are equipped with central AC, a rarity for duplexes in this area, and refinished hardwood flooring. The main level also includes a beautiful screened-in porch. The spacious one-car garage could easily be converted back into a two-car garage by adding a second garage door. Unit one rent is $2400/month and leased until 9/1/2024. Unit two is leased for $2100/month until 9/1/2024.
This duplex is ideal for an owner-occupant, or an investor seeking an income producing property. Be sure to check out the matterport 3D tour.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Detached, Open
Garage Spaces 1.0
Fence None
Roof Type Age Over 8 Years
Building
Story More Than 2 Stories
Foundation 857
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Steel Siding
New Construction false
Schools
School District Minneapolis
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