11 days on rocket

850 22nd Ave SE, Minneapolis, MN, 55414

$395,000

Home List Price

$4,691*

Closing Credit

0 Baths
1,258 SqFt
$314/SqFt
Multi

Location

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850 22nd Ave SE, Minneapolis$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete
Garage1 space
Year Built1909
HeatingForced Air, Gravity
MLS #6632069
StatusActive

About 850 22nd Ave SE

This well-maintained duplex offers a fantastic investment opportunity with reliable renters already in place through June 2026. Located just steps from the University of Minnesota, this property provides both convenience and steady cash flow. Enjoy the proximity to vibrant local restaurants, trendy breweries, and an abundance of entertainment options, all within walking distance. With excellent access to public transportation, commuting and getting around the city is a breeze for tenants. Whether you're an experienced investor or looking for your first property, this duplex is a must-see. Don’t miss out on this prime opportunity to own in one of Minneapolis' most sought-after neighborhoods!

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Living Area: 1,258 SqFt

Listing Office:

  • Office Name: eXp Realty

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air, Gravity

Other

Directions Information:

  • Directions: 280 to E Hennepin, W to 22nd Ave SE (across Como Ave) to property

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $314/SqFt

Tax Information:

  • Annual Amount: $4,722
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

850 22nd Ave SE vs Minneapolis

11 DAYS ON ROCKET

-22 Days

$395,000

+$45K More

$314/SqFt

+$112 More

KEY TAKEAWAY

This property is $45K more than the Median Sold Price and $112/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6632069

Listing Office:

  • Office Name: eXp Realty

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Last updated on: 12/3/2024, 11:52:47 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$4,722$289,000
2019$4,957$280,500
2018$4,628$255,000
2017$3,997$218,000

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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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.

Nearby Schools

school-card-donut-3826735
4
/10
  • Pratt Community School

  • 66 Malcolm Ave SE

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-3826736
6
/10
  • St. Anthony Park Elementary School

  • 2180 Knapp St

  • 1.53 miles

  • Public District Grades KG-5

school-card-donut-3826737
3
/10
  • Webster Community School

  • 425 5th St NE

  • 1.82 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,345. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesMinnesotaHennepin CountyMinneapolis55414850 22nd Ave SE

This home is located at 850 22nd Ave SE in Minneapolis, MN and zip code 55414 in the Como (Minneapolis) neighborhood. This 1,258 square foot home was built in 1909. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $395,000.

While more than 283 listings in Minneapolis, MN in November 2024 were sold above asking price, there were more than 203 listings sold at asking price, and more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. The median list price of listings available in November 2024 was $349,986, while the average time on the real estate market was 33 days.

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

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