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  • $550,000

    2218 22nd Ave S, Minneapolis, MN 55404

    6beds
    2baths
    2,436sqft
    Duplex Up and Down
    Built in 1987
    -- sqft lot
    $549,800 Zestimate®
    $226/sqft
    $1,751 Estimated rent

    Home value

    $549,800

    $506,000 - $599,000

    $1,751/mo

    Zestimate® history
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    What's special

    Welcome to 2218 22nd Avenue S , located in the highly sought after, Historic Seward Neighborhood of Minneapolis. 22nd Ave S is a truly special Avenue with a storybook feel. Owner occupy, or this is an incredible investment property, proven highly successful short/mid-term rental property. Walkability at its finest, and seconds to the famous Milwaukee Avenue, close to freeways, shopping, boutique, shops and restaurants along Franklin Avenue and Lake Street corridors, hospitals, the U of M, Augsburg University, Colleges and more. This up/down Style Duplex is truly a magical place, with lots of green elements, that will not disappoint. This property has been loved by its current and past owners. The current owners occupied the upper unit themselves and truly loved living here. They have continuously leased (short-term) out the lower-level unit during their ownership and have enjoyed that experience as well, they have never had an issue with it being occupied. Almost all their short-term tenants have extended their stays. This property is suitable for long- or short-term rental, depending on your wants/needs. Sellers willing to help with any of this information they can provide for the new buyers. Just under 2500 ft.² both units boast, lots of light and storage, 3 spacious bedrooms each, 1 full bath each, a family and dining room, both incredible, spacious, feel-good floorplans, shared secure entry, laundry room, yard, each unit comes with one garage stall. (Or 2 for you) There is extra off-street parking and always plenty of parking available for guests. The upper unit has a deck, fully fenced in oversized yard. The sellers have done many thoughtful improvements, and updates since they have purchased it. This truly special property will not last. (6 beds, 2 baths total). This is an excellent opportunity to own a cash flow positive investment property. Lower unit comes fully furnished.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shannon VanBurkleo 612-481-5304,

    Coldwell Banker Realty

    Bought with:

    Zach Olson

    DRG

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6707158MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Baseboard, Other
    Features
    • Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Full,Single Tenant Access,Sump Pump
    Interior area
    • Total structure area: 2,436
    • Total interior livable area: 2,436 sqft
    • Finished area above ground: 1,284
    • Finished area below ground: 1,152

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Garage, Garage Door Opener
    • Garage spaces: 2
    • Carport spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (22x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Fencing: Full,Wire,Wood
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 50 x 158
    • Features: Near Public Transit, Tree Coverage - Light
    • Topography: Level,Sloped
    Details
    • Foundation area: 1152
    • Parcel number: 3602924210148
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Frame
    • Foundation: Wood
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Gas: Electric
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Odoherty & Oreillys Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $475,700
    • Annual tax amount: $7,028
    • Date on market: 4/21/2025
    • Cumulative days on market: 48 days
    • Tenant pays: Electricity
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/1/2025Sold$550,000-1.8%$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6707158 Report a problem
    6/23/2025Pending sale$560,000$230/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6707158 Report a problem
    5/6/2025Listed for sale$560,000+8.7%$230/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6707158 Report a problem
    5/2/2022Sold$515,000+6.2%$211/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6154829 Report a problem
    3/28/2022Pending sale$485,000$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6154829 Report a problem
    3/26/2022Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6154829 Report a problem
    3/11/2022Listed for sale$485,000+83%$199/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6154829 Report a problem
    8/5/2016Sold$265,000+8.2%$109/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4702443 Report a problem
    5/21/2010Sold$245,000-3.2%$101/sqft
    Source: Public Record Report a problem
    3/11/2008Sold$253,000+91.7%$104/sqft
    Source: Public Record Report a problem
    9/2/1997Sold$132,000$54/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,174 +7.3%$475,700 -1.9%
    2024$6,686 +15.2%$485,000 -4.9%
    2023$5,802 +3%$510,000 +15.6%
    2022$5,633 +5.7%$441,000 +8.4%
    2021$5,328 -0.7%$407,000 +1.9%
    2020$5,368 +0.7%$399,500 +7%
    2019$5,328 -0.7%$373,500 +10%
    2018$5,368 +20.1%$339,500 +10.9%
    2017$4,469 -29.5%$306,000 +9.9%
    2016$6,335 +16.8%$278,500 +15.1%
    2015$5,423 -19.6%$242,000 +15%
    2014$6,744 +44.1%$210,500 +2.4%
    2013$4,679 -26.9%$205,500 -7.6%
    2012$6,398 -61.7%$222,500 -4.9%
    2011$16,726 +72.4%$234,000 -10.9%
    2010$9,701 +60.2%$262,500
    2009$6,054 +34.7%$262,500 +1.9%
    2006$4,494 +33.9%$257,600 +15%
    2005$3,357 +7.2%$224,000 +15%
    2004$3,132 +10.6%$194,800 +12%
    2002$2,832 -54.5%$174,000
    2001$6,224 --
    Find assessor info on the county website

    Neighborhood: Seward

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $549,800
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    Estimated market value
    $549,800