2219 29th Avenue N Minneapolis, MN 55411
MULTI_FAMILY - Minneapolis, MN
- Added:
- May 6, 2026
- Days on Market:
- 66
- Last Refresh:
- Jul 10 at 8:06 pm
Property Features for 2219 29th Avenue N
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1
- Exterior features
- Metal, Vinyl
- Standard status
- Active
- APN
- 0802924440195
- Size
- 1,599 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4591
Utilities
- Heating system
- Baseboard, Forced Air
Building Details
- Year built
- 1904
Listing agent Lexi Clercx (612) 600-6000
Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN (855) 450-0442
Listing date May 6, 2026
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The property is located in Minneapolis, MN near parks, shopping, dining, and commuter routes, providing practical everyday access for residents. The address is 2219 29th Avenue N, Minneapolis, MN 55411.
For owner-occupants, the duplex format allows you to live in one unit while renting the other, and the separate utilities can help simplify budgeting and tenant responsibilities. For investors, the updated finishes across both units, along with the two separate utility setups, may support a more flexible approach to operating the property. The property is offered for sale.
Key Highlights
- Fully remodeled up/down duplex with main‑level and upper‑level units
- Separate utilities for each unit
- Main‑level unit features hardwood floors, built‑ins, white shaker cabinetry, quartz countertops, and stainless steel appliances
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.5k | $22.20 |
| − Vacancy | −$2.1k | −$1.33 |
| EGI | $33.4k | $20.87 |
| − OpEx | −$10.0k | −$6.26 |
| NOI | $23.4k | $14.61 |
