$399,000

1097 22nd Avenue SEMinneapolis, MN 55414

Type: Multi-Family

2 Units

Description

Investor opportunity! This duplex is already leased through August 25, 2027, providing immediate rental income. Ideally located near the University of Minnesota, this property is well positioned for consistent tenant demand. Seller owns additional investment properties. Buyers interested in acquiring more properties may contact agent for more information.

MLS ID: 7066907

Directions: 35W to E Hennepin Ave. East on E Hennepin Ave to 22nd Ave SE. Right on 22nd Ave SE. Home is on the right.

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Property Details

Essential Details

MLS #: 7066907

Listing courtesy of: Gener8 Group LLC

Price: $399,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $32,760

Operating Expense: $10,684

Annual Electric Expense: $2,220

Annual Fuel Expense: $2,800

Annual Insurance Expense: $2,604

Annual Other Expense: $300

Annual Water/Sewer Expense: $2,760

Building Details

Owner Occupied: No

Finished SqFt Total: 1,948

Finished Above Grade: 1,948

Fireplace: No

AccessibilityFeatures: None

Heating: Forced Air

Style: Duplex Up and Down

Foundation Area: 1,104

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Lot Details

Complex/Dev/Sub Name: Glencar Add

Lot Dimensions: 71x127x68x127

School Information

District: Minneapolis

District Number: 1

District Phone: 6126680000

Community Information

County: Hennepin

Survey Range: 23

Survey Section: 19

Survey Township: 29

Taxes

Tax Year: 2026

Tax Amount: $6,584

Assessment Pending: Unknown

Taxes w/Assessments: $6,682

This listing was last updated by Gener8 Group LLC on 5/27/2026 at 9:51 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 6/16/2026 6:06 pm.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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