Minneapolis, MN 55418,1025 22nd AVE NE
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Minneapolis, MN 55418,1025 22nd AVE NE
Minneapolis, MN 55418,1025 22nd AVE NE
Minneapolis, MN 55418,1025 22nd AVE NE
Minneapolis, MN 55418,1025 22nd AVE NE

$543,000

Est. payment /mo

$539,000

0.7%
Est.Price: ?

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1025 22nd AVE NE Minneapolis, MN 55418

3,017 SqFt

SOLD DATE : 03/08/2024

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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Listed by Collins Jones • Coldwell Banker Realty

Nick Brugnoli

Lead Agent | License ID: 40690587

+1(612) 839-0040

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