1523 22nd Ave N, Minneapolis, MN, 55411
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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Up and Down
Interior
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,886
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 2,316
- Total interior livable area: 1,886 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1602924240038
- Zoning description: Residential-Multi-Family
- Foundation area: 943
Features
- Levels: More Than 2 Stories
Lot
- Lot size: 6,969 sqft
- Lot size dimensions: 128 x 42 x 141 x 63
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Heat Wave
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,061 | $12,732 |
| Home Insurance * | $224 | $2,688 |
| Property Taxes | $353 | $4,236 |
| Electricity | $170 | $2,050 |
| Total | $1,808 | $21,696 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Price change | $209,900 |
| 2026-07-13 | Listed for sale | $219,900 |
| 2022-10-21 | Price change | $1,295 |
| 2022-10-17 | Price change | $1,395 |
| 2022-10-07 | Price change | $1,450 |
| 2022-09-27 | Listed for rent | $1,495 |
| 2021-12-08 | Listing removed | -- |
| 2021-05-21 | Sold | $188,000 |
| 2021-04-28 | Pending sale | $184,900 |
| 2021-04-09 | Listed for sale | $184,900 |
| 2018-06-19 | Sold | $94,900 |
| 2015-12-14 | Sold | $94,900 |
| 2015-09-01 | Listing removed | $89,900 |
| 2015-08-31 | Listed for rent | $89,900 |
| 2015-08-22 | Pending sale | $89,900 |
| 2015-07-14 | Listed for sale | $89,900 |
| 2009-03-04 | Sold | $11,500 |
| 2009-02-04 | Listed for sale | $14,900 |
| 2006-09-20 | Sold | $180,147 |
| 1999-01-20 | Sold | $26,900 |
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