2221 W 82nd Street, Minneapolis, MN 55431 (MLS# 7077830)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1971
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 2112
Above Ground SqFt: 2112
Below Grd Total SqFt: 1202
Total SqFt: 3314
Foundation Size: 2112
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2112.00
Garage Stalls: 4
Lot Dimensions: 145x125
Acres: 0.42
Assessment Pending: No

Property Features

Accessible: None Basement: Concrete Block; Egress Windows; Full Construction Materials: Block Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Electric Dryer Hookup; Laundry Room; Lower Level Lock Box Type: Combo Parking Characteristics: Garage Door Opener Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Unit 1 Amenities: Countertops-Solid Surface; Deck; Kitchen Window; Washer/Dryer Hookup Unit 1 Appliances: Dishwasher; Range; Refrigerator Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Eat In Kitchen Unit 1 Family Room Characteristics: Family Room; Lower Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 668999
ListPrice: 668999
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2221
Street Direction Prefix: W
Street Name: 82nd
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55431
Complex/Dev/Subdivision: Reservoir Park 1st Add

Assessments

Tax With Assessments: 7414
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 910
Finished SqFt Below Ground: 1202

More Information

Income and Expenses

Annual Gross Expenses: 12833
Annual Gross Income: 55968
Annual Insurance Expense: 2383
Annual Net Income: 43153
Total Annual Expenses: 12833
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x20
Garage Door Height: 7
Garage Door Width: 16
Garage Square Feet: 480
Garage Door Opener: Yes

Public Survey Info

Range#: 24
Section#: 04
Township#: 27

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 55968
Finished SqFt: 3314
Full Baths: Yes
Monthly Expense: 3424
Monthly Rent: 4664
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: 2
Total Bedrooms: 8
Total Rooms: 15

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 001 RESERVOIR PARK 1ST ADDN
Listing City: Bloomington
Map Page: 134
Municipality: Bloomington
School District: Bloomington
School District Phone: 952-681-6400
Zip Plus 4: 1306
Property ID Number: 0402724230005
Tax Year: 2026
Tax Amount: 7414
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great investment opportunity with a proven 30-year rental history! Ideally located next to Southtown Shopping Mall and surrounded by numerous shops, restaurants, and everyday conveniences, this property offers strong appeal for both tenants and owner-occupants alike. This well-maintained and move-in ready property offers comfort, functionality, and inviting indoor-outdoor living. Step inside to a bright entryway with durable wood-look flooring and natural light that sets the tone for the rest of the home. The spacious kitchen features rich wood cabinetry, granite countertops, a double-basin undermount sinks and ample storage—perfect for everyday living and entertaining. The main living areas offer neutral tones and comfortable finishes, including plush carpeting and large windows that bring in abundant natural light. A sliding glass door opens to a private concrete patio and beautifully maintained backyard, creating a seamless flow for gatherings, grilling, or simply relaxing outdoors. Mature trees and a generous lawn provide shade and privacy, making the backyard a true retreat. The bedrooms are bright and inviting, with peaceful views and stylish touches. The full bathroom includes a large vanity with great counter space, updated lighting, and a tub/shower combination. With its thoughtful layout, warm finishes, and tranquil outdoor space, this home offers the perfect balance of comfort and convenience Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this well-maintained property in a prime location checks all the boxes.
Directions: 494 to Penn Ave S to 82nd St W

Accessible

None: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes

Laundry

Electric Dryer Hookup: Yes
Laundry Room: Yes
Lower Level: Yes

Lock Box Type

Combo: Yes

Patio, Porch and Deck Features

Deck: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Unit 1 Amenities

Countertops-Solid Surface: Yes
Deck: Yes
Kitchen Window: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Dishwasher: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Eat In Kitchen: Yes

Unit 1 Family Room Characteristics

Family Room: Yes
Lower Level: Yes