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1214 42nd Ave N, Minneapolis, MN, 55412

--beds
--baths
--sqft
$250,000
--price/sqft
$1,898/moest. monthly cost
$75,920/yrincome needed

About This Home

Standalone commercial building for sale at a prime North Minneapolis intersection. This property offers five private offices, a reception area, two bathrooms with modern finishes, two kitchenettes, and a laundry room. Recent updates include newer energy-efficient windows throughout, tankless water heater, 200 amp electrical service, security system, plus updated flooring, walls, and doors. The building includes two off-street parking spots and a full basement for additional storage. Ideal for an owner-occupant or investment property with the potential to rent offices independently.

Getting Around

74
WalkingVery Walkable
48
TransitSome Transit
76
BikeVery Bikeable

Schools

2/10
1/10
Olson Middle SchoolGrades 6-81.1 mi
3/10
Henry Senior High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Has basement: Yes
  • Basement: Yes

Features

  • Flooring: Hardwood,Carpet

Heating

  • Heating features: Has Heating (Unspecified Type)

Property

Features

  • Stories: 1

Lot

  • Lot size: 2,613 sqft

Parking

  • Parking features: Asphalt,Shared Driveway,Other,Open,Driveway

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
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Tornado
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 $1,264$15,168
Home Insurance *$235$2,820
Property Taxes $229$2,748
Electricity $170$2,050
Total$1,898$22,776
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,074/yr
40% on housing$56,940/yr
45% on housing$50,613/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 55412$104
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55412$179
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
2026-05-21Listed for sale$250,000
2017-11-20Listing removed$1,750
2017-08-24Listed for rent$1,750
2017-01-05Listing removed$214,900
2016-09-01Price change$214,900
2016-05-17Listed for sale$225,000

For Sale by Agent

AgentWhitney Delmonico
BrokerageEngel & Völkers Minneapolis Lake Minnetonka

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