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.
Closed
$543,000
1025 22nd Ave NE, Minneapolis, MN 55418
8beds
2baths
3,017sqft
Multi Family
Built in 1900
-- sqft lot
$567,400 Zestimate®
$180/sqft
$1,731 Estimated rent
Home value
$567,400
$539,000 - $596,000
$1,731/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Collins Jones 612-703-8463,
Coldwell Banker Realty
Bought with:
The Greater MSP Homes Team
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6480980
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: Lower Level, In Unit, Upper Level
Features
- Basement: Egress Window(s),Finished
Interior area
- Total structure area: 3,017
- Total interior livable area: 3,017 sqft
- Finished area above ground: 2,447
- Finished area below ground: 570
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Open
- Garage spaces: 1
- Carport spaces: 1
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20x23)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Screened
- Pool features: None
- Fencing: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 40 x 140
Details
- Foundation area: 857
- Parcel number: 1202924320109
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Other
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Polk Street Sub
HOA
- Amenities included: Porch
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $539,700
- Annual tax amount: $5,716
- Date on market: 1/24/2024
- Cumulative days on market: 15 days
- Tenant pays: Cable TV, Electricity, Fuel, Gas, Grounds Care, Heat, Hot Water
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2024 | Sold | $543,000+0.7%$180/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6480980 Report a problem | ||
| 2/15/2024 | Pending sale | $539,000$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480980 Report a problem | ||
| 1/31/2024 | Listed for sale | $539,000+40.9%$179/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480980 Report a problem | ||
| 5/31/2023 | Sold | $382,500-0.6%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363356 Report a problem | ||
| 5/8/2023 | Pending sale | $385,000$128/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363356 Report a problem | ||
| 5/4/2023 | Listed for sale | $385,000$128/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6363356 Report a problem | ||
| 3/3/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/24/2022 | Listed for rent | $1,300+30.7% |
Source: Zillow Rental Manager Report a problem | ||
| 11/7/2017 | Listing removed | $995 |
Source: PENNY PROPERTIES LLC Report a problem | ||
| 10/20/2017 | Price change | $995+2.1% |
Source: PENNY PROPERTIES LLC Report a problem | ||
| 10/18/2017 | Listed for rent | $975 |
Source: PENNY PROPERTIES LLC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,565 +12.1% | $539,700 +49.9% |
| 2024 | $5,854 +2.4% | $360,000 -1.6% |
| 2023 | $5,716 -1.3% | $366,000 +3.1% |
| 2022 | $5,793 +8% | $355,000 +4.1% |
| 2021 | $5,366 +1.7% | $341,000 +3.8% |
| 2020 | $5,276 -1.7% | $328,500 +10.1% |
| 2019 | $5,366 +1.7% | $298,500 +9.9% |
| 2018 | $5,276 +17.7% | $271,500 +31.8% |
| 2017 | $4,483 +16.1% | $206,000 +8.7% |
| 2016 | $3,861 +5.4% | $189,500 +14.8% |
| 2015 | $3,665 +9.4% | $165,000 +11.5% |
| 2014 | $3,349 +8.1% | $148,000 +5% |
| 2013 | $3,097 -0.1% | $141,000 -2.8% |
| 2012 | $3,100 +4.8% | $145,000 |
| 2011 | $2,957 -1.1% | $145,000 -13.7% |
| 2010 | $2,990 -11.8% | $168,000 -10.9% |
| 2009 | $3,391 +18.4% | $188,500 +14.8% |
| 2006 | $2,865 +9.4% | $164,200 +15.4% |
| 2005 | $2,618 +14.6% | $142,300 +23.2% |
| 2004 | $2,284 +16% | $115,500 +18% |
| 2002 | $1,969 -51% | $97,900 |
| 2001 | $4,014 | -- |
Find assessor info on the county website
Neighborhood: Windom Park
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 0.9 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$567,400
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Estimated market value
$567,400
- Minnesota
- Hennepin County
- Minneapolis
- 55418
- Windom Park
- 1025 22nd Ave NE
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