Classic Minneapolis Charm meets Smart Investing!
Turn the key on an incredible opportunity with this classic, two-story double bungalow duplex situated on
a rare, expansive lot. Each spacious 2-bedroom, 1-bathroom unit lives like a single-family home, boasting
expansive layouts over two full stories. Character lovers will fall in love with the gorgeous, untouched
natural woodwork, gleaming floors, and architectural charm that defines historic Minneapolis multi-family
homes.
Both units feature generous room sizes, bright windows, and dedicated living and dining spaces. The
massive lot offers rare outdoor space for tenants to enjoy, garden, or entertain, providing a massive
advantage over standard city lots. Perfect for an investor looking for a high-demand rental or an
owner-occupant wanting to build equity while letting a tenant pay the mortgage. Don't miss this blend of
classic style, space, and strong cash-flow potential!
Active
Price cut: $9.9K (8/12)
$335,000
1227 Morgan Ave N, Minneapolis, MN 55411
2beds
2baths
2,872sqft
Duplex Up and Down
Built in 1922
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Architectural charmGleaming floorsBright windowsRare expansive lotGenerous room sizes
- 56 days
- 261
- 23
Zillow last checked:
Listing updated:
Listed by:
Jason D. Jernell, GRI 612-310-6893,
Jernell Realty,
Lisa A. Jernell, GRI 763-232-5389
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7108880
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Radiator
Features
- Basement: Full,Other
Interior area
- Total structure area: 4,308
- Total interior livable area: 2,872 sqft
- Finished area above ground: 2,872
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 5,662 Square Feet
- Dimensions: 126 x 43 x 126 x 43
Details
- Foundation area: 1436
- Parcel number: 2102924220087
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Oak Park Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $117/sqft
- Tax assessed value: $375,600
- Annual tax amount: $4,906
- Date on market: 7/13/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $335,000-2.9%$117/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7108880 Report a problem | ||
| 7/28/2026 | Price change | $344,900-2.8%$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7108880 Report a problem | ||
| 7/13/2026 | Listed for sale | $354,900$124/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7108880 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,906 +7% | $375,600 +9.2% |
| 2024 | $4,586 +21.2% | $344,000 -3.4% |
| 2023 | $3,784 +5.7% | $356,000 +19.9% |
| 2022 | $3,581 +19.2% | $297,000 +10% |
| 2021 | $3,003 -7.8% | $270,000 +13.2% |
| 2020 | $3,256 +8.4% | $238,500 |
| 2019 | $3,003 -7.8% | $238,500 +9.9% |
| 2018 | $3,256 +32% | $217,000 +33.5% |
| 2017 | $2,466 +1.5% | $162,500 |
| 2016 | $2,429 -3.1% | $162,500 +6.2% |
| 2015 | $2,508 +2.1% | $153,000 +15% |
| 2014 | $2,456 +9.5% | $133,000 |
| 2013 | $2,242 +15.2% | $133,000 |
| 2012 | $1,947 -16.3% | $133,000 -13.1% |
| 2011 | $2,326 +2.7% | $153,000 -10% |
| 2010 | $2,264 -34% | $170,000 -29.9% |
| 2009 | $3,433 +56.7% | $242,500 +43.3% |
| 2006 | $2,190 +27.4% | $169,200 +28.5% |
| 2005 | $1,720 +28.9% | $131,700 +31% |
| 2004 | $1,334 +31.8% | $100,500 +24.7% |
| 2002 | $1,012 -43.8% | $80,600 |
| 2001 | $1,801 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Near North
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