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2303 22nd Ave S, Minneapolis, MN, 55404

3beds
2baths
1,660sqft
$350,000
$211price/sqft
$2,756/moest. monthly cost
$110,240/yrincome needed

About This Home

Rare opportunity to own a Victorian-era duplex that delivers all the character and convenience of the coveted Milwaukee Avenue district, but with actual on -site parking. The duplex offers a stately Victorian exterior, brand-new siding and a quiet tree-lined street that feels worlds away yet is just minutes from downtown. Inside, you'll find a well-maintained property with updated mechanicals. That means lower maintenance, lower costs, and the confidence that comes with knowing your investment is built on a solid foundation. While the basement is shared, separate washers and dryers mean you'll never have to wait for someone to move their clothes. With the fall semester just months away, why rent when you can own? For families with students looking for housing at nearby Augsburg University or the University of Minnesota, this duplex is a savvy alternative to writing a rent check every month — live in one unit, let your student (or a tenant) offset the mortgage in the other. And for anyone priced out of the traditional single-family market, rental income makes this duplex is an affordable path to homeownership.

Getting Around

83
WalkingVery Walkable
58
TransitGood Transit
100
BikeBiker's Paradise

Schools

1/10
Anishinabe AcademyGrades PK-50.9 mi
--
Andersen CommunityGrades PK-81.0 mi
6/10
South Senior High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1900

Type & Style

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

Interior

Appliances

  • Laundry features: In Basement,Common Area

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,660

Heating

  • Heating features: Forced Air

Interior Area

  • Total structure area: 2,540
  • Total interior livable area: 1,660 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3602924210312
  • Zoning description: Residential-Multi-Family
  • Foundation area: 880

Features

  • Levels: Two
  • Patio & porch: Porch

Lot

  • Lot size: 3,049 sqft
  • Lot size dimensions: 40 x 80

Parking

  • Parking features: Gravel

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 WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Hail
Strong Wind
Winter Weather

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 $1,769$21,228
Home Insurance *$320$3,840
Property Taxes $497$5,964
Electricity $170$2,050
Total$2,756$33,072
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,491/yr
40% on housing$82,680/yr
45% on housing$73,493/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

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 55404$114
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55404$184
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)

Price History

DateEventPrice
2026-08-04Listed for sale$350,000
2026-08-04Listing removed$350,000
2026-08-01Price change$350,000
2026-06-30Price change$360,000
2026-06-19Listed for sale$375,000
2021-12-15Sold$330,000
2021-12-09Pending sale$334,900
2021-09-23Listed for sale$334,900

For Sale by Agent

AgentKari M Lundin
BrokerageKeller Williams Realty Integrity

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