17 days on rocket

2622 7th St, Minneapolis, MN, 55454

$469,000

Home List Price

$5,569*

Closing Credit

0 Baths
2,784 SqFt
$168/SqFt
Multi

Location

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2622 7th St, Minneapolis$469,000

Buyer Closing Credits

$5,569*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached
Garage2 spaces
Year Built1912
HeatingSteam
BasementYes
MLS #6626902
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 in upper units. 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. Shared laundry in lower level. Separate gas and electric.

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: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Steam

Other

Directions Information:

  • Directions: 27th Ave to S 7th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
  • Price Per SqFt: $168/SqFt
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Housing Market Comparison

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

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

2622 7th St vs Minneapolis

17 DAYS ON ROCKET

-17 Days

$469,000

+$119.1K More

$168/SqFt

-$34 Less

KEY TAKEAWAY

This property is $119.1K more than the Median Sold Price and $34/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: #6626902

Listing Office:

  • Office Name: Morgan And Trust Realty

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Last updated on: 11/21/2024, 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

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

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.

Nearby Schools

school-card-donut-437989
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 0.72 miles

  • Public Charter Grades KG-6

school-card-donut-437990
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 0.82 miles

  • Public Charter Grades KG-6

school-card-donut-437991
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 0.90 miles

  • Public Charter Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,824. Residents of Minneapolis, MN typically earn less than $35k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

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 November 04, 2024 and is currently priced at $469,000.

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. Between September 2024 and October 2024, Minneapolis, MN real estate market has seen increase in the number of listings by 9.3%. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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