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857 23rd Avenue SE Minneapolis, MN $ 725,000
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$ 725,000 Get more info
857 23rd Avenue SE
$ 725,000
Back to search
Share Save

857 23rd Avenue SE

Minneapolis, MN, 55414
$ 725,000
Bedrooms10 Baths4.0 Sq 3,920

Monthly Estimate*

$ 5,007

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Multi-Family Home for sale in Minneapolis, MN

for $725,000 with 10 bedrooms and 4 full baths. This 3,920 square foot home was built in 1954 on a lot size of 0.12.

Check out this beautifully updated duplex near the University of Minnesota! Featuring modern updates, stainless steel appliances, and impressive 12-foot vaulted ceilings in the upstairs bedrooms. This property offers a unique blend of character, style, and functionality. With its desirable location near campus, restaurants, coffee shops, and local amenities, it’s an excellent opportunity for investors looking for strong rental potential and the ability to cash flow. Whether you're expanding your investment portfolio or looking for an owner-occupant opportunity, this duplex is one you won’t want to miss!

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Multi-Family Coming Soon

Price

$ 725,000

Bedrooms

10

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,201

Style

Duplex Side by Side

Lot Size

0.12

Year Built

1954

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7160550
Features
General
Living Area 3920
Sewer City Sewer/Connected
Heating Forced Air
Roof Architectural Shingle
Garage Spaces 0
Pool Features None
Construction Materials Frame
Year Built 1954
Electric Circuit Breakers
Tenant Pays All Utilities
Topography Level
Levels Two
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 64800
Accessibility None
County Hennepin
Net Operating Income 58800
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Patio
Contingency None
MaintenanceExpense 0
Subdivision Name Cole & Weeks Add
Directions From I-35W take the University Avenue SE exit and follow local roads toward 23rd Avenue SE. The property is located near the University of Minnesota.
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 12201
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Coming Soon
Lender Owned No
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Interior
Basement Block Egress Window(s) Partial Partially Finished Storage Space Sump Pump
Basement (Y/N) Y
Above Grade Finished Area 2576
Laundry Features In Basement
Total Bedrooms 10
Below Grade Finished Area 1344
Total Baths 4
Fuel Natural Gas
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Exterior
Fencing Chain Link
Parking Features Shared Driveway
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 3920
Lot Dimensions 41 x 127
Waterfront Y/N N
Foundation Area 1344
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 857
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* Excluded Features
List By
Exp Realty

Broker

corey@obviousrealestate.com

Email

Affordability Calculator

$6,024
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,007
Monthly Property Taxes
$1,017
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2026$725,000 Listed Price

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857 23rd Avenue SE, Minneapolis, MN, 55414 is a Multi-Family Home for sale at $725,000 with 3,920 sqft and a lot size of 0.12. 857 23rd Avenue SE has 10 bedrooms, 4.0 baths, and was built in 1954. The property's zip code is 55414 which is in Minneapolis, MN

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