850 22nd Avenue SE, Minneapolis, MN 55414
- Added:
- Mar 31, 2026
- Days on Market:
- 92
- Last Refresh:
- Jun 30 at 3:06 am
Property Features for 850 22nd Avenue SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Basement, Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 1
- Parking features
- Garage - Detached
- Exterior features
- Metal
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 1902923240124
- Size
- 1,258 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6201
Utilities
- Heating system
- Forced Air, Gravity
Building Details
- Year built
- 1909
- Roof type
- Shingle
Listing agent Corey Brenner (612) 751-9303
Listing office eXp Realty 4525 White Bear Parkway Suite 122, White Bear Lake, MN (320) 500-4397
Listing date Mar 31, 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.
HighLights
- Duplex with 3 bedrooms and 2 bathrooms, including a basement
- Brand new shingle roof installed in 2025
- Updated plumbing throughout
- Two detached garage parking with chain‑link fenced backyard and firepit
- Heating includes gravity and forced air
- Metal exterior; includes modern appliances (as stated in remarks)
Overview
The home is located in the Como neighborhood, with convenient proximity to the University of Minnesota. The property is also described as being near restaurants, parks, and public transit, making it well-suited for tenants who value access to neighborhood amenities and campus-area connections.
For buyers seeking an owner-occupant setup, the layout supports living in one unit while potentially offsetting expenses through rental income. For investors, the duplex configuration offers multiple income opportunities under one roof, supported by the property’s stated updates, including the roof replacement and plumbing improvements. Overall, it presents a straightforward residential income property with clear, usable outdoor space and dependable vehicle storage.
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 | $27.9k | $22.20 |
| − Vacancy | −$1.7k | −$1.33 |
| EGI | $26.3k | $20.87 |
| − OpEx | −$7.9k | −$6.26 |
| NOI | $18.4k | $14.61 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Minneapolis
- County
- Anoka
- State
- Minnesota
- Longitude
- -93.221235
- Latitude
- 44.985153
