2508 E 22nd Street Minneapolis, MN $ 509,000
2508 E 22nd Street
$ 509,000
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2508 E 22nd Street

Minneapolis, MN, 55406
$ 509,000
Bedrooms5 Baths3.0 Sq 3,118

Monthly Estimate*

$ 3,516

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Multi-Family Home for sale in Minneapolis, MN

for $509,000 with 5 bedrooms and 3 full baths. This 3,118 square foot home was built in 1903 on a lot size of 0.11.

Seward Duplex on quiet street! Convenient location for everything. Tenants pay gas, electric, data. Owner pays trash,sewer,water. Owner expenses about $400/mo. UNIT 1: main level 1,072sf (2BR 1BA). Currently rents for $1250. UNIT 2: 2nd + 3rd Level combined 2,046sf (3BR, 2BA, full kitchen + kitchenette). Vacant: Likely rent $3000+ Tall ceilings, period woodwork throughout. Hardwood floors have inlaid details. Both units have large porches. Walk to Seward Co-op, coffee shops and Matthews Park!

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Multi-Family Active

Price

$ 509,000

Bedrooms

5

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,183

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1903

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7166483

Features
General
Living Area 3118
Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 0
Construction Materials Frame
Year Built 1903
Electric Circuit Breakers
Tenant Pays Broadband Cable TV Electricity Gas
Levels More Than 2 Stories
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 51000
Accessibility None
County Hennepin
Net Operating Income 46200
Operating Expense 4800
Insurance Expense 2000
New Construction N
Property Type Residential Income
Association Amenities Laundry
Contingency None
MaintenanceExpense 0
Subdivision Name Fair Ground Add
Directions Many approaches to this convenient location. Here is one ... From Franklin go south on 25th Ave S East on 22nd.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 8183
Electric Expense 0
Fuel Expense 0
Trash Expense 2500
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Daylight/Lookout Windows Full Shared Access Storage Space Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3118
Laundry Features In Basement Common Area
Total Bedrooms 5
Below Grade Finished Area 0
Total Baths 3
Foundation Dimensions 26x45
Fuel Natural Gas
Garage Dimensions 0
Garage Door Width 0
Garage Square Feet 0
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Exterior
Fencing Partial
Parking Features On-Street Parking Only
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 4161
Lot Dimensions 40x120
Waterfront Y/N N
Foundation Area 1043
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2508
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* Excluded Features
List By
Wellspring Real Estate Llc

Broker

kane@wellspringrealestate.com

Email

Affordability Calculator

$4,197
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,516
Monthly Property Taxes
$682
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
11/2/2026$509,000 Listed Price

Map


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2508 E 22nd Street, Minneapolis, MN, 55406 is a Multi-Family Home for sale at $509,000 with 3,118 sqft and a lot size of 0.11. 2508 E 22nd Street has 5 bedrooms, 3.0 baths, and was built in 1903. The property's zip code is 55406 which is in Minneapolis, MN