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722 Queen Ave N, Minneapolis, MN, 55411

4beds
2baths
2,046sqft
$225,000
$110price/sqft
$1,809/moest. monthly cost
$72,360/yrincome needed

About This Home

Calling all Investors & Owner Occupants seeking their next project! Enchantment & wonder start the moment your eyes capture this 1906 built jewel sitting stately over Queen Avenue, just a few houses off Olson Memorial Highway. This property consists of the original 2-story duplex & a standalone believed to be added in 1920. Multiple entrances to the main home provide convenience from either front or backyard. The main floor is move-in ready allowing you to live onsite while refurbishing the 2nd story. Main floor provides an open and spacious floor plan punctuated by the charm & character you desire. Spacious Kitchen, Formal Dining, Living Room, Full Bath & Primary are found on this floor. The 2nd story mimics the main floor, but the layout provides a Kitchen, combination Dining/Living Room, Full Bath & 2 Bedrooms. While on the 2nd floor & with a separate entrance, venture up the stairs to your Attic space = UNTAPPED POTENTIAL. Let your passion & creativity run wild creating a cool space to gather OR could it be an added Efficiency? Downstairs you will find the shared laundry & storage or workspace. The grounds are filled with trees & gardens painstakingly created years ago. On the back part of the lot stands a 700+ square foot standalone home that needs substantial work BUT could provide ample long-term income. 2024 saw a $75,000 investment in both roofs thus providing one less long-term worry. If you know this area, you know that it provides awe inspiring gifts such as the Lakes, Theodore Wirth Park, Walker Art Center, Target Field & proximity for those that work downtown. Tour today before this opportunity at 722 Queen Avenue is gone tomorrow.

Getting Around

29
WalkingCar-Dependent
46
TransitSome Transit
70
BikeVery Bikeable

Schools

2/10
3/10
North Academy Senior HighGrades 9-120.7 mi

Construction

Condition

  • Year built: 1906

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
  • Construction materials: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: Other

Interior

Appliances

  • Laundry features: In Basement,Gas Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Daylight,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,046

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 3,776
  • Total interior livable area: 2,046 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2002924140124
  • Zoning description: Residential-Multi-Family
  • Foundation area: 1730

Features

  • Levels: Two
  • Pool features: None
  • Patio & porch: Front Porch,Porch,Side Porch,Wrap Around
  • Fencing: Chain Link,Partial
  • Topography of land: Level

Lot

  • Lot size: 5,662 sqft
  • Features: Near Public Transit,Tree Coverage - Heavy
  • Lot size dimensions: 40 x 142 x 40 x 142

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

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

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$240$2,880
Property Taxes $260$3,120
Electricity $172$2,070
Total$1,809$21,708
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,022/yr
40% on housing$54,270/yr
45% on housing$48,240/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

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.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$110This listing

vs Other Active Listings

Avg $/sqft

ZIP 55411$108
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55411$150
Hennepin County$207

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)

No zestimate history available

Price History

DateEventPrice
2026-08-07Pending sale$225,000
2026-08-01Listed for sale$225,000
1991-08-23Sold$15,000

For Sale by Agent

AgentJames "JJ" Johnston
BrokerageEdina Realty, Inc.

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