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Sold for $471,000
    • $471,000

    2622 7th St S, Minneapolis, MN 55454

    7beds
    2,784sqft
    MultiFamily
    Built in 1912
    -- sqft lot
    $470,900 Zestimate®
    $169/sqft
    $2,617 Estimated rent

    Home value

    $470,900

    $433,000 - $513,000

    $2,617/mo

    Zestimate® history
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    $2,959/mo

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    What's special

    Don't miss out on this rare investment opportunity! Nestled between the U of M, Augsburg College, and the University of Minnesota Fairview Medical Center, you cannot find a better location for a rental property! This huge duplex was converted from a triplex and could be easily converted back or finish the lower level for a potential fourth rental unit. Right now it has one 2-bedroom unit and one 5-bedroom unit plus an unfinished lower level. Great turn of the century charm and workmanship have been preserved in the hardwood floors, built-in buffets, and beautiful woodwork. The property is located just steps from Riverside Park, walking/running/biking trails, and everything this lively and diverse area has to offer.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Radiant, Gas
    Cooling
    • Wall
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,784 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Park, City
    Lot
    • Size: 3,049 Square Feet
    Details
    • Parcel number: 2502924420022

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Shake / Shingle
    Condition
    • Year built: 1912

    Community & HOA

    Community
    • Features: On Site Laundry Available
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $169/sqft
    • Tax assessed value: $349,600
    • Annual tax amount: $7,185

    Price history

    DateEventPrice
    7/17/2025Sold$471,000+22.3%$169/sqft
    Source: Public Record Report a problem
    1/31/2025Sold$385,000-14.1%$138/sqft
    Source: Public Record Report a problem
    4/11/2018Sold$448,000+44.2%$161/sqft
    Source: Public Record Report a problem
    5/29/2013Sold$310,588-10%$112/sqft
    Source: Public Record Report a problem
    11/16/2012Listed for sale$345,000-0.4%$124/sqft
    Source: Help-U-Sell Guardian Realty #4316781 Report a problem
    9/14/2012Listing removed$950
    Source: Renters Warehouse Report a problem
    8/27/2012Price change$950-5%
    Source: Renters Warehouse Report a problem
    8/13/2012Listed for rent$1,000
    Source: Renters Warehouse Report a problem
    9/24/2007Sold$346,500+47.4%$124/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1795326 Report a problem
    2/7/2005Sold$235,000+95.8%$84/sqft
    Source: Public Record Report a problem
    9/22/1997Sold$120,000$43/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,185 +2.6%$349,600 -11.3%
    2024$7,006 -5.6%$394,000 -10%
    2023$7,423 -5.2%$438,000 -5%
    2022$7,832 +5.1%$461,000
    2021$7,449 +3.5%$461,000 +1.1%
    2020$7,194 -3.4%$456,000 +12%
    2019$7,449 +3.5%$407,000 +5%
    2018$7,194 +18.5%$387,500 +27.5%
    2017$6,070 +3.1%$304,000
    2016$5,890 +0.2%$304,000 +2.7%
    2015$5,878 -9.7%$296,000 +15.3%
    2014$6,508 +14.4%$256,700 -0.9%
    2013$5,689 -2%$259,000 -4.6%
    2012$5,803 +24.2%$271,500 -5.1%
    2011$4,672 +12.4%$286,000 -2.1%
    2010$4,156 -13.4%$292,000 -11.4%
    2009$4,799 +20.2%$329,600 +47.2%
    2006$3,992 +11.1%$223,900 +17.6%
    2005$3,593 +11%$190,400 +19.8%
    2004$3,236 +18.6%$158,900 +21.5%
    2002$2,728 -49.4%$130,800
    2001$5,390 --
    Find assessor info on the county website

    Neighborhood: Cedar-Riverside

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: #1 Minneapolis

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $470,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $470,900

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