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For Sale:  Minneapolis MLS# 7046953

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Active
$289,000
/mo Edit
Multi-family:  Duplex Up and Down
3 br • 2 ba • Built 1909
1,258 sqft • 0.12 acres
MLS# 7046953
763-477-8572
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    Property Description

    Welcome to 850 22nd Ave SE, an incredible opportunity in the highly sought-after Como neighborhood, just steps from the University of Minnesota. This well-maintained duplex 3 bedrooms, 2 bathrooms, is truly turnkey, featuring a brand new roof (2025), updated plumbing throughout, and modern appliances, giving you peace of mind from day one. Step outside to a fenced backyard with firepit, perfect for entertaining or unwinding, along with a rare two-car garage, an added bonus in this prime location. Whether you're looking to live in one unit and offset your mortgage or maximize rental income, this property checks all the boxes. With strong rental demand, unbeatable proximity to campus, restaurants, parks, and public transit, this is the kind of investment that delivers both immediate returns and long-term value.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $289,000
    Price per sq ft: $230
    Property Type: Multi-family
    City: Minneapolis
    Garage Spaces: 1
    County: Hennepin
    Year Built: 1909
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 55414
    Neighborhood/Area: 14
    Subdivision Name: Cole & Weeks Add

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 1,258 ft2
    Living Area: 1,258 ft2
    Refrigerators: Two
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 1
    Foundation Size: 912 ft2
    Fencing: Chain Link
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • Gravity
    Parking Features: Detached Garage
    Shared Amenities: None
    Road Frontage: City Street
    Exterior Material: Other
    Pool: None
    Roof Details: Asphalt

    Rooms

    Laundry:
    • Common Area
    • Main Level

    Lot & Land

    Acres: 0.12
    Geolocation: 44.985153, -93.221235
    Lot Dimensions: 127 x 41
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 558
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: $3,000
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Fuel, Lawn Care, Sewer

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $6,201
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,201

    Income

    Annual Gross Income: $24,300

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of eXp Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.