122 W 32nd Street Minneapolis, MN $ 357,000
122 W 32nd Street
$ 357,000
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122 W 32nd Street

Minneapolis, MN, 55408
$ 357,000
Bedrooms3 Baths2.0 Sq 1,648

Monthly Estimate*

$ 2,466

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Multi-Family Home for sale in Minneapolis, MN

for $357,000 with 3 bedrooms and 2 full baths. This 1,648 square foot home was built in 1885 on a lot size of 0.1.

Excellent investment opportunity or ideal owner-occupied duplex in a convenient location. Live in the main-level unit while generating $1,600 per month from the long-term tenant in the upper unit. Ask about $15,000 grant program with no mortgage insurance for qualified buyers. This classic up-and-down duplex offers strong rental history, positive cash flow and numerous improvements, including a two-year-old roof, updated electrical and plumbing, a newer furnace and central air with updated ductwork in 2nd floor unit, front and rear porches and an asphalt driveway completed in 2019–2020. Each unit features private in-unit laundry, while the fenced yard, four off-street parking spaces and room to add a garage provide additional value and flexibility.

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Multi-Family Active

Price

$ 357,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,488

Style

Duplex Up and Down

Lot Size

0.1

Year Built

1885

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7138169

Features
General
Living Area 1648
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Pool Features None
Year Built 1885
Electric Circuit Breakers
Tenant Pays All Utilities Electricity Fuel Gas Heat Hot Water
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 0
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Richardsons Add
Directions Lyndale Ave. East on 31st South 1 blk right on 32nd 1/2 blk
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 4488
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Partial Unfinished
Basement (Y/N) Y
Above Grade Finished Area 1648
Laundry Features Main Level In Unit Upper Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
Fuel Natural Gas
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Exterior
Fencing Chain Link
Parking Features Asphalt
Water Source City Water/Connected
Lot Size Area 0.1
Building Area Total 1948
Lot Dimensions 36x124
Waterfront Y/N N
Foundation Area 940
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 122
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* Excluded Features
List By
Re/Max Results

Broker

elie@safi-kuntz.com

Email

Affordability Calculator

$2,840
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,466
Monthly Property Taxes
$374
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$357,000 -1.65% Price Down
9/4/2026$363,000 Listed Price

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122 W 32nd Street, Minneapolis, MN, 55408 is a Multi-Family Home for sale at $357,000 with 1,648 sqft and a lot size of 0.1. 122 W 32nd Street has 3 bedrooms, 2.0 baths, and was built in 1885. The property's zip code is 55408 which is in Minneapolis, MN