8 days on rocket

1070 21st Ave SE, Minneapolis, MN, 55414

$418,000

Home List Price

$4,964*

Closing Credit

0 Baths
2,534 SqFt
$165/SqFt
Multi

Location

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1070 21st Ave SE, Minneapolis$418,000

Buyer Closing Credits

$4,964*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage2 spaces
Year Built1900
HeatingForced Air, Fireplace(s)
BasementYes
MLS #6624045
StatusActive

About 1070 21st Ave SE

Are you looking for a prime investment in a thriving area? Look no further! This charming duplex, located just a stone's throw away from the U of MN, offers a fantastic opportunity for savvy investors and homeowners alike. The duplex features two spacious units, each with its own private entrance, making it perfect for renting out to college students or young professionals. The property also includes a shared backyard, garage space, and laundry on the lower level. But it’s not just about the property itself—this duplex is situated in a vibrant neighborhood filled with trendy bars, restaurants, and cozy cafes. With everything the area has to offer, this location is not just convenient; it’s highly desirable. Don’t miss out on this incredible investment opportunity! Whether you’re looking to expand your portfolio or find a place to call home while generating rental income, this duplex is the perfect choice!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,534 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Fireplace(s)

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: Highway 280 to Hennepin Ave. Take a left onto 21st Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $418,000
  • Price Per SqFt: $165/SqFt

Tax Information:

  • Annual Amount: $4,003
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1070 21st Ave SE vs Minneapolis

8 DAYS ON ROCKET

-26 Days

$418,000

+$68.1K More

$165/SqFt

-$37 Less

KEY TAKEAWAY

This property is $68.1K more than the Median Sold Price and $37/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6624045

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 11/5/2024, 10:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,003$245,000
2019$4,162$235,500
2018$3,884$214,000
2017$3,356$183,000

History based on county public records data.

Payment Calculator

$2,154

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,320

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-99066
2
/10
  • Northeast Middle School

  • 2955 Hayes St NE

  • 2.25 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-99067
3
/10
  • Edison High School

  • 700 22nd Ave NE

  • 1.95 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,367. Most Minneapolis, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMinnesotaHennepin CountyMinneapolis554141070 21st Ave SE

This home is located at 1070 21st Ave SE in Minneapolis, MN and zip code 55414 in the Como (Minneapolis) neighborhood. This 2,534 square foot home was built in 1900. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $418,000.

While more than 356 listings in Minneapolis, MN in October 2024 were sold above asking price, there were more than 223 listings sold at asking price, and more than 399 were sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 34 days, the median list price was $349,843.

From Rocket Homes Real Estate and based on county public records data.

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