3245 22nd Avenue S, Minneapolis, MN 55407

New Listing
$490,000
Property Type: Multi-Family Bedrooms: 5 Baths: 2 Square Footage: 4,401 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $490,000 List Date: 5/13/2026 Last Modified: 5/13/2026

Overview

Description

Up and down duplex in the heart of the sought-after Corcoran neighborhood offering classic charm, strong functionality, and an ideal owner-occupant or investment opportunity. The spacious upper-level unit features 3 bedrooms, an updated full bath, living room, formal dining room, dedicated office, sunroom, Juliet balcony, and an updated kitchen blending modern convenience with timeless character. The main-level unit offers 2 bedrooms, updated kitchen and bath, formal dining room, living room, and inviting exterior porch space. Both units showcase beautiful original woodwork, hardwood floors, and abundant natural light throughout. Shared laundry, fenced backyard perfect for outdoor entertaining, and a 2-car garage add to the property’s appeal. Conveniently located near the light rail, parks, local restaurants, Highway 55, and downtown Minneapolis. Exceptional opportunity to own a character-filled duplex in a prime Minneapolis location.

Listing Details MLS# 7062532

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1915
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1166
Above Ground SqFt
3235
Below Grd Total SqFt
1166
Total SqFt
4401
Foundation Size
1166
Style
(MF) Duplex Up and Down
Total Finished Sqft
3235.00
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
41x171x41x171
Acres
0.16
Assessment Pending
No

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Full; Unfinished Construction Status: Previously Owned Exterior: Shakes; Stucco Fencing: Chain Link; Full Foundation: Concrete Block Fuel: Natural Gas Heating: Radiator Laundry: Common Area; In Basement Lock Box Type: Supra Owner Pays: Common Area Maintenance; Exterior Maintenance; Insurance; Maintenance/Repair; Repairs; Sewer; Trash Collection; Water Pool Description: None Sellers Terms: Cash; Conventional; Special Funding Sewer: City Sewer/Connected Tenant Pays: Broadband; Cable TV; Electricity; Gas Unit 1 Bath Description: Main Floor Full Bath Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 2 Bath Description: Main Floor Full Bath Unit 2 Dining Room Description: Separate/Formal Dining Rm Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
490000
ListPrice
490000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3245
Street Name
22nd
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Perkins Add

Assessments

Tax With Assessments
7646.14
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
3235

More Information

Income and Expenses

Annual Gross Expenses
17146
Annual Gross Income
43362
Annual Insurance Expense
4650
Annual Maintenance Expense
1895
Annual Water/Sewer Expense
4000
Total Annual Expenses
17146
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Repair Expense
0
Annual Trash Expense
0

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Supra
Yes

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
418

Public Survey Info

Range#
24
Section#
01
Township#
28

Unit 1

Furnished?
No
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
18300
Finished SqFt
1166
Full Baths
Yes
Monthly Rent
1525
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Leased?
Yes
Level
Multi-Level
Unit Number
2
Annual Rent
25500
Finished SqFt
2069
Full Baths
Yes
Monthly Expense
Yes
Monthly Rent
2125
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
9

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 007 BLOCK 004 PERKINS ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
4413
Property ID Number
0102824240101
Tax Year
2026
Tax Amount
7646.14
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Up and down duplex in the heart of the sought-after Corcoran neighborhood offering classic charm, strong functionality, and an ideal owner-occupant or investment opportunity. The spacious upper-level unit features 3 bedrooms, an updated full bath, living room, formal dining room, dedicated office, sunroom, Juliet balcony, and an updated kitchen blending modern convenience with timeless character. The main-level unit offers 2 bedrooms, updated kitchen and bath, formal dining room, living room, and inviting exterior porch space. Both units showcase beautiful original woodwork, hardwood floors, and abundant natural light throughout. Shared laundry, fenced backyard perfect for outdoor entertaining, and a 2-car garage add to the property’s appeal. Conveniently located near the light rail, parks, local restaurants, Highway 55, and downtown Minneapolis. Exceptional opportunity to own a character-filled duplex in a prime Minneapolis location.
Directions
Cedar Avenue to 33rd Street, East to 22nd Avenue.

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes

Basement

Full
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Exterior

Shakes
Yes
Stucco
Yes

Fencing

Chain Link
Yes
Full
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Radiator
Yes

Laundry

Common Area
Yes
In Basement
Yes

Owner Pays

Common Area Maintenance
Yes
Exterior Maintenance
Yes
Insurance
Yes
Maintenance/Repair
Yes
Repairs
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Patio, Porch and Deck Features

Front Porch
Yes

Pool Description

None
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
Special Funding
Yes

Sewer

City Sewer/Connected
Yes

Water

City Water/Connected
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Broadband
Yes
Cable TV
Yes
Electricity
Yes
Gas
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm
Yes

Unit 2 Bath Description

Main Floor Full Bath
Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm
Yes

Documents

Listing Office: BrBaGa
IDX
Last Updated: May - 13 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.