1227 Morgan Ave N, Minneapolis, MN, 55411
About This Home
Classic Minneapolis Charm meets Smart Investing! Turn the key on an incredible opportunity with this classic, two-story double bungalow duplex situated on a rare, expansive lot. Each spacious 2-bedroom, 1-bathroom unit lives like a single-family home, boasting expansive layouts over two full stories. Character lovers will fall in love with the gorgeous, untouched natural woodwork, gleaming floors, and architectural charm that defines historic Minneapolis multi-family homes. Both units feature generous room sizes, bright windows, and dedicated living and dining spaces. The massive lot offers rare outdoor space for tenants to enjoy, garden, or entertain, providing a massive advantage over standard city lots. Perfect for an investor looking for a high-demand rental or an owner-occupant wanting to build equity while letting a tenant pay the mortgage. Don't miss this blend of classic style, space, and strong cash-flow potential!
Getting Around
Somewhat Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1922
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Up and Down
Interior
Basement
- Has basement: Yes
- Basement: Full,Other
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 2,872
Heating
- Heating features: Radiator
Interior Area
- Total structure area: 4,308
- Total interior livable area: 2,872 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2102924220087
- Zoning description: Residential-Single Family
- Foundation area: 1436
Features
- Levels: More Than 2 Stories
Lot
- Lot size: 5,662 sqft
- Lot size dimensions: 126 x 43 x 126 x 43
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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 | $1,744 | $20,928 |
| Home Insurance * | $368 | $4,416 |
| Property Taxes | $376 | $4,512 |
| Electricity | $242 | $2,906 |
| Total | $2,730 | $32,760 |
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 |
|---|---|---|
| 2026-08-12 | Price change | $335,000 |
| 2026-07-28 | Price change | $344,900 |
| 2026-07-13 | Listed for sale | $354,900 |
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