$550,000
$560,000
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2218 22nd AVE S Minneapolis, MN 55404
6 Beds
2 Baths
2,436 SqFt
Key Details
Sold Price $550,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,436 sqft
Price per Sqft $225
Subdivision Odoherty & Oreillys Add
MLS Listing ID 6707158
Sold Date 07/01/25
Style (MF) Duplex Up and Down
Bedrooms 6
Year Built 1987
Annual Tax Amount $7,028
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 50x158
Property Description
Welcome to 2218 22nd Avenue S , located in the highly sought after, Historic Seward Neighborhood of Minneapolis. 22nd Ave S is a truly special Avenue with a storybook feel. Owner occupy, or this is an incredible investment property, proven highly successful short/mid-term rental property. Walkability at its finest, and seconds to the famous Milwaukee Avenue, close to freeways, shopping, boutique, shops and restaurants along Franklin Avenue and Lake Street corridors, hospitals, the U of M, Augsburg University, Colleges and more. This up/down Style Duplex is truly a magical place, with lots of green elements, that will not disappoint. This property has been loved by its current and past owners. The current owners occupied the upper unit themselves and truly loved living here. They have continuously leased (short-term) out the lower-level unit during their ownership and have enjoyed that experience as well, they have never had an issue with it being occupied. Almost all their short-term tenants have extended their stays. This property is suitable for long- or short-term rental, depending on your wants/needs. Sellers willing to help with any of this information they can provide for the new buyers. Just under 2500 ft.² both units boast, lots of light and storage, 3 spacious bedrooms each, 1 full bath each, a family and dining room, both incredible, spacious, feel-good floorplans, shared secure entry, laundry room, yard, each unit comes with one garage stall. (Or 2 for you) There is extra off-street parking and always plenty of parking available for guests. The upper unit has a deck, fully fenced in oversized yard. The sellers have done many thoughtful improvements, and updates since they have purchased it. This truly special property will not last. (6 beds, 2 baths total). This is an excellent opportunity to own a cash flow positive investment property. Lower unit comes fully furnished.
Location
State MN
County Hennepin
Community Odoherty & Oreillys Add
Direction East Franklin Ave to 22nd Ave, South to property.
Rooms
Basement Daylight/Lookout Windows, Drain Tiled, Egress Windows, Finished (Livable), Full, Single Tenant Access, Sump Pump, Wood
Interior
Heating Baseboard, Other
Exterior
Parking Features Detached Garage, Garage Door Opener
Garage Spaces 2.0
Roof Type Age Over 8 Years,Asphalt Shingles
Accessibility None
Total Parking Spaces 2
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Water City Water/Connected
Architectural Style (MF) Duplex Up and Down
Structure Type Frame
Others
Senior Community No
Tax ID 3602924210148
Acceptable Financing Assumable, Cash, Conventional, FHA, VA
Listing Terms Assumable, Cash, Conventional, FHA, VA
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