1523 22nd Avenue N, Minneapolis, MN 55411
Local realty services provided by:ERA Gillespie Real Estate
1523 22nd Avenue N,Minneapolis, MN 55411
$199,900
- 5 Beds
- 2 Baths
- 1,886 sq. ft.
- Multi-family
- Active
Listed by: grigoriy gorshteyn
Office: algo realty inc
MLS#:7108987
Source:NSMLS
Price summary
- Price:$199,900
- Price per sq. ft.:$86.31
About this home
Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers strong income potential with flexibility for both investors and owner-occupants. The upper unit features 3 bedrooms and 1 bathroom, has been freshly turned with fresh paint and updates, and is move-in ready for a new tenant or owner-occupant. Previously rented for $1,795/month, it offers immediate income potential with no waiting for turnover.
The main level unit is currently leased on a month-to-month basis at $1,375/month, providing immediate cash flow while offering future flexibility with a 60-day notice period. With one unit ready for occupancy and the other producing income, this property is well suited for an owner-occupant looking to offset their mortgage or an investor seeking a straightforward addition to their portfolio.
Enjoy a convenient location near North Commons Park, Theodore Wirth Park, the Mississippi River, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the University of Minnesota. Easy access to I-94 and Highway 55 makes commuting throughout the Twin Cities simple.
Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers immediate cash flow, future flexibility, and a turnkey upper unit ready for its next occupant....
Contact an agent
Home facts
- Year built:1900
- Subdivision & Development:Forest Heights
- Listing ID #:7108987
- Added:44 day(s) ago
- Updated:August 27, 2026 at 12:21 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Basement:Yes
- Basement Description:Unfinished
- Living area:1,886 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:1,886 sq. ft.
- Lot area:0.16 Acres
- Levels:2+ Story
Utilities
- Water:City Water - Connected
- Sewer:City Sewer - Connected
Finances and disclosures
- Price:$199,900
- Price per sq. ft.:$86.31
- Tax amount:$4,304 (2025)
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