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863 23rd Ave SE, Minneapolis, MN, 55414

5beds
3baths
2,450sqft
$450,000
$184price/sqft
$3,453/moest. monthly cost
$138,120/yrincome needed

About This Home

Calling all savvy investors! This multi-family gem on 23rd Avenue SE in Southeast Minneapolis puts you steps away from the University of Minnesota, vibrant local eateries, parks, and convenient public transit. Imagine turning this property into a steady income stream while enjoying the benefits of a highly desirable location. Recent updates: like new carpet, newer appliances, a sun-filled sunroom, updated electrical, a fenced yard, and a newer deck, add both charm and value. Whether you’re looking to rent both units or live in one while renting the other, this is a rare opportunity to combine location, modern upgrades, and strong investment potential in one package!

Getting Around

55
WalkingSomewhat Walkable
50
TransitGood Transit
90
BikeBiker's Paradise

Schools

2/10
1/10
Northeast Middle SchoolGrades 6-82.6 mi
4/10
Edison Senior High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3

Features

  • Finished area below ground: 114
  • Finished area above ground: 2,222

Heating

  • Heating features: Forced Air,Gravity

Interior Area

  • Total structure area: 2,450
  • Total interior livable area: 2,450 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1902923240114
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1204

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Deck,Patio,Porch,Side Porch
  • Fencing: Wood

Lot

  • Lot size: 5,227 sqft
  • Features: Near Public Transit
  • Lot size dimensions: 127 x 41

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2