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$ 214,900
Est. payment /mo
Active
1523 22nd AVE N Minneapolis, MN 55411
5 Beds
2 Baths
1,886 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 1,886 sqft
Price per Sqft $113
Subdivision Forest Heights
MLS Listing ID 7108987
Bedrooms 5
Year Built 1900
Annual Tax Amount $4,304
Tax Year 2025
Contingent None
Lot Size 6,969 Sqft
Lot Dimensions 128x42x141x63
Property Sub-Type Duplex Up and Down
Property Description
Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers flexibility for both investors and owner-occupants, with both units now vacant and ready for their next occupants.
The upper unit features 3 bedrooms and 1 bathroom and has been freshly turned, with fresh paint and updates throughout. Previously rented for $1,795/month, the unit is move-in ready for a new tenant or owner-occupant. The main-level Unit 1 features a functional layout and was previously rented for $1,375/month, providing an opportunity for a new owner to establish their own rental terms and maximize the property's income potential.
With both units vacant, a new owner can immediately lease both units, live in one unit while renting the other, or take advantage of the flexibility to make improvements and establish new leases from day one.
Conveniently located near North Commons Park, Theodore Wirth Park, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the Mississippi River. Easy access to I-94 and Highway 55 provides convenient connections throughout Minneapolis and the Twin Cities.
Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers two vacant units, flexible leasing options, and a freshly turned upper unit ready for occupancy.
The upper unit features 3 bedrooms and 1 bathroom and has been freshly turned, with fresh paint and updates throughout. Previously rented for $1,795/month, the unit is move-in ready for a new tenant or owner-occupant. The main-level Unit 1 features a functional layout and was previously rented for $1,375/month, providing an opportunity for a new owner to establish their own rental terms and maximize the property's income potential.
With both units vacant, a new owner can immediately lease both units, live in one unit while renting the other, or take advantage of the flexibility to make improvements and establish new leases from day one.
Conveniently located near North Commons Park, Theodore Wirth Park, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the Mississippi River. Easy access to I-94 and Highway 55 provides convenient connections throughout Minneapolis and the Twin Cities.
Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers two vacant units, flexible leasing options, and a freshly turned upper unit ready for occupancy.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Building
Story More Than 2 Stories
Foundation 943
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
New Construction false
Schools
School District Minneapolis
Listed by Grigoriy Gorshteyn • Algo Realty Inc