1523 22nd Avenue N, Minneapolis, MN 55411

$219,900
SQUARE FEET 2,316
MLS# 7108987
  • 1523 22nd Avenue N, Minneapolis, MN 55411 Main Photo

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Brent Bartel, Broker

Brent Bartel, Broker
Call: (651) 461-3001

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Forest Heights
SCHOOL: Minneapolis

Property Description

Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers flexibility for both investors and owner-occupants, with both units now vacant and ready for their next occupants.The upper unit features 3 bedrooms and 1 bathroom and has been freshly turned, with fresh paint and updates throughout. Previously rented for $1,795/month, the unit is move-in ready for a new tenant or owner-occupant. The main-level Unit 1 features a functional layout and was previously rented for $1,375/month, providing an opportunity for a new owner to establish their own rental terms and maximize the property's income potential.With both units vacant, a new owner can immediately lease both units, live in one unit while renting the other, or take advantage of the flexibility to make improvements and establish new leases from day one.Conveniently located near North Commons Park, Theodore Wirth Park, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the Mississippi River. Easy access to I-94 and Highway 55 provides convenient connections throughout Minneapolis and the Twin Cities.Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers two vacant units, flexible leasing options, and a freshly turned upper unit ready for occupancy.

1523 22nd Avenue N | MLS# 7108987

This multi-family property located at 1523 22nd Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $219,900. 22nd Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Heating: Forced Air
Lot Size: 0.16 Acres
Taxes: $4,304
Year Built: 1900

Feature Descriptions

Days on Site: 116
Foundation Size: 943
Lot Dimensions: 128x42x141x63
Owners Expense: Sewer, Trash Collection, Water
Parcel#: 1602924240038
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Algo Realty Inc
Agency Phone: 612-433-4555

Shown By

Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty

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Estimated Payment

$ 1,593.20 per month $1,170.40 Principal & Interest $358.67 Property Tax $64.14 Homeowner's Insurance

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