1 month on rocket

2622 7th St, Minneapolis, MN, 55454

$499,000

Home List Price

$5,926*

Closing Credit

0 Baths
2,784 SqFt
$179/SqFt
Multi

Location

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2622 7th St, Minneapolis$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage1 space
Year Built1912
HeatingSteam
BasementYes
MLS #6572823
StatusActive

About 2622 7th St

Giant duplex only a few blocks from Augsburg College in Cedar Riverside neighborhood. Stunning hardwood built-ins and hardwood floors, 7 bedrooms, 3 bathrooms, 2 huge screened in porches. Spacious kitchens with walk in pantries. Main floor unit has 2BRs, 1 full BA. Upper unit is 2nd and 3rd floors, 5 total BRs and 2 Baths. This property needs a little TLC, but overall solid bones and great income producer. Many windows replaced, roof only 12 years old. Can be used as duplex or maybe converted to large single family.

Property Details

Property Features

Property Information:

  • Year Built: 1912
  • Living Area: 2,784 SqFt

Listing Office:

  • Office Name: Morgan And Trust Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12
  • Sanford Middle School, Public District Grades 6-8
  • Anne Sullivan Communication Center, Public District Grades PK-8

Other

Directions Information:

  • Directions: Riverside Ave to 26th Ave, North to 7th St, East to property on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $179/SqFt
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Housing Market Comparison

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

Med. Sold Price

$346.6K

Med. Price/SqFt

$202

Avg. Days On Market

26

# of Sold Homes

1065

2622 7th St vs Minneapolis

47 DAYS ON ROCKET

+21 Days

$499,000

+$152.3K More

$179/SqFt

-$23 Less

KEY TAKEAWAY

This property is $152.3K more than the Median Sold Price and $23/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: #6572823

Listing Office:

  • Office Name: Morgan And Trust Realty

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Last updated on: 9/7/2024, 9:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Elementary School

school-card-donut-1129903
2
/10
  • Anne Sullivan Communication Center

  • 3100 E 28th St

  • 1.05 miles

  • Public District Grades PK-8

Middle School

school-card-donut-1129904
4
/10
  • Sanford Middle School

  • 3524 42nd Ave S

  • 2.17 miles

  • Public District Grades 6-8

High School

school-card-donut-1129905
5
/10
  • South High School

  • 3131 19th Ave S

  • 1.55 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,824. The most common annual income of people living in Minneapolis, MN is less than $35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket Homes›Minnesota›Hennepin County›Minneapolis›55454›2622 7th St

This home is located at 2622 7th St in Minneapolis, MN and zip code 55454 in the University neighborhood. This 2,784 square foot home was built in 1912. It has been listed on Rocket Homes since July 22, 2024 and is currently priced at $499,000.

Over 405 listings were sold over their listed price in August 2024 in Minneapolis, MN. In the same period over 413 listings were sold below the listed price and 247 listings were sold for the listed price. The number of listings in Minneapolis, MN increased by 2.1% between July 2024 and August 2024. Listings spent 26 days on the market in August 2024, and had a median list price of $346,653 during the same period.

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

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