For Sale Duplex MLS# 7108987

1523 22nd Avenue N

Minneapolis, MN 55411

$214,900

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About 1523 22nd Avenue N

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.

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1900
Stories
More Than 2 Stories
Living area
1,886 sqft
Price / sqft
$114
Lot
0.16
Original price
$219,900
MLS #
7108987

Interior

Features
Forced Air, Unfinished
Heating
Forced Air

Exterior & lot

Features
Vinyl
Construction
More Than 2 Stories, Brick/Mortar, Stone
Foundation
Brick/Mortar, Stone
Lot
1602924240038

Schools

District
Minneapolis Public School District

Utilities

Utilities
City Sewer/Connected, City Water/Connected
Water
City Water/Connected
Sewer
City Sewer/Connected

Financial

Financial
northstar
Annual tax
$4,304
Tax year
2025
Parcel
1602924240038

Location

Subdivision
Forest Heights
County
Hennepin
Neighborhood
Jordan
Community
Hennepin, northstar, Minneapolis
Directions
East Lyndale Ave N. Turn Left on N 7th St. Turn Right on N Emerson Ave. Turn Left on N 22nd Ave. House is on Left.

Location

Neighborhood
Jordan
Subdivision
Forest Heights
School district
Minneapolis Public School District

Ask about this property

Questions on 1523 22nd Avenue N, Minneapolis, MN 55411, or want to see it in person?

Listed by Grigoriy Gorshteyn, Algo Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.