Active

Price cut: $6K (9/15)

$357,000

122 32nd St W, Minneapolis, MN 55408

3beds

2baths

1,648sqft

$2,390/mo

Get pre-qualified

Duplex Up and Down

Built in 1885

-- sqft lot

$353,700 Zestimate^®

$217/sqft

$-- HOA

What's special

Fenced yardFront and rear porchesFour off-street parking spacesPrivate in-unit laundryUpdated electrical and plumbing

Excellent investment opportunity or ideal owner-occupied duplex in a convenient location. Live in the main-level unit while generating $1,600 per month from the long-term tenant in the upper unit. Ask about $15,000 grant program with no mortgage insurance for qualified buyers. This classic up-and-down duplex offers strong rental history, positive cash flow and numerous improvements, including a two-year-old roof, updated electrical and plumbing, a newer furnace and central air with updated ductwork in 2nd floor unit, front and rear porches and an asphalt driveway completed in 2019–2020. Each unit features private in-unit laundry, while the fenced yard, four off-street parking spaces and room to add a garage provide additional value and flexibility.

43 days
134
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: Main Level, In Unit, Upper Level

Features

Basement: Partial,Unfinished

Interior area

Total structure area: 1,948
Total interior livable area: 1,648 sqft
Finished area above ground: 1,648
Finished area below ground: 0

Property

Parking

Parking features: Asphalt

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Front Porch
Pool features: None
Fencing: Chain Link

Lot

Size: 4,356 Square Feet
Dimensions: 36 x 124

Details

Foundation area: 940
Parcel number: 0302824210120
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Condition

New construction: No
Year built: 1885

Utilities & green energy

Electric: Circuit Breakers, Power Company: Xcel Energy
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Richardsons Add

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $217/sqft
Tax assessed value: $256,100
Annual tax amount: $4,488
Date on market: 9/4/2026
Tenant pays: All Utilities, Electricity, Fuel, Gas, Heat, Hot Water

Estimated market value

$353,700

$336,000 - $371,000

$2,104/mo

Price history

Date	Event	Price
9/15/2026	Price change	$357,000-1.7%$217/sqft
Source: NorthstarMLS as distributed by MLS GRID #7138169 Report a problem
9/4/2026	Listed for sale	$363,000-1.9%$220/sqft
Source: NorthstarMLS as distributed by MLS GRID #7138169 Report a problem
9/2/2026	Listing removed	--
Source: Owner Report a problem
8/16/2026	Price change	$369,900-2.1%$224/sqft
Source: Owner Report a problem
7/26/2026	Listed for sale	$377,900+12.8%$229/sqft
Source: Owner Report a problem
10/6/2020	Listing removed	$1,479$1/sqft
Source: RP Management, Inc. CRMC Report a problem
9/26/2020	Listed for rent	$1,479$1/sqft
Source: RP Management, Inc. CRMC Report a problem
11/8/2018	Sold	$335,000+109.4%$203/sqft
Source: Public Record Report a problem
4/26/2004	Sold	$160,000$97/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$4,488 +10%	$256,100 -5%
2025	$4,079 +6.5%	$269,500 +5.3%
2024	$3,830 -6.5%	$256,000 -4.8%
2023	$4,096 +3.4%	$269,000 -0.7%
2022	$3,963 +13.8%	$271,000 +8.8%
2021	$3,482 -0.8%	$249,000 +10.2%
2020	$3,510 +0.8%	$226,000 +7.1%
2019	$3,482 -0.8%	$211,000
2018	$3,510 +41.4%	$211,000 +32.3%
2017	$2,482 +15.5%	$159,500 +4.6%
2016	$2,149 +2.2%	$152,500 +15.1%
2015	$2,103 +13.7%	$132,500 +5.2%
2014	$1,849 -5.9%	$126,000 -4.2%
2013	$1,966 +2.4%	$131,500
2012	$1,919 -7.3%	$131,500 -5.1%
2011	$2,070 +16.6%	$138,500
2010	$1,775 -13.1%	$138,500 -10.1%
2009	$2,044 +137.5%	$154,000 +89.2%
2006	$861 -22.4%	$81,400 +35%
2005	$1,110 +25.3%	$60,300 +34.6%
2004	$886 +30.2%	$44,800 +32.5%
2002	$680 -41.5%	$33,800
2001	$1,163	--