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    Lowry Hill Two-Unit Condo Title is generated by Realmo AI

    1222 Douglas Avenue, Minneapolis, MN 55403

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    Claim this Listing
    For Sale
    $559,000

    Classic condo with bright living spaces and private deck.

    Property size:
    2,687 SF
    Price / SF:
    $208/SF
    Added:
    Feb 16, 2026
    Days on Market:
    140
    Last Refresh:
    May 13 at 8:06 pm

    Property Features for 1222 Douglas Avenue

    General Information

    Standard status
    Active
    Size
    2,687 SF
    Property subtype
    Other

    Building Details

    Year Built
    1916

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    Paul Kaminski
    Paul Kaminski

    Listing office Coldwell Banker Realty

    Listing date Feb 16, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

    HighLights

    • Private 30' x 10' deck (redone in 2023) with plumbed gas line for grilling, overlooking the neighborhood towards Mount Curve.
    • Upper‑level unit with bright, airy southwestern exposure and classic architectural details including hardwood floors, woodburning fireplace, leaded glass built‑ins, crown molding, and box beamed ceiling.
    • Four bedrooms and three bathrooms.
    • Two woodburning fireplaces.
    • Two‑car garage and private 15' x 7' storage area in the lower level.
    • Convenient location: six blocks to Walker Art Center and Sculpture Garden, with easy access to highways, bus routes, shopping, restaurants, and parks.

    Overview

    This is the upper-level unit of a classic two-unit condo building in Lowry Hill, featuring a stately brick and stucco exterior on a corner lot. The property benefits from a new roof installed in 2024. The southwestern exposure fills the main living spaces with light. The large living room includes hardwood floors, a wood-burning fireplace, leaded glass built-ins, and crown molding. A sunroom with windows on three sides leads through French doors to a formal dining room, which features board and batten walls, a glass-fronted built-in, and a box-beamed ceiling. The kitchen has flat-fronted, ivory cabinets with modern pulls, butcher block counters, a gas range, and stainless steel appliances including a refrigerator, microwave, and dishwasher. Access is provided to a 30' x 10' private deck, which was redone in 2023 and includes a plumbed gas line for a grill. The main level features a primary suite with a private three-quarter bathroom, a second bedroom, and a full hall bathroom with original tile. The upper level is partially vaulted and includes a family room with a wood-burning fireplace and skylight, a laundry closet with a newer washer and dryer, and a full hall bathroom with a soaking tub and separate shower. This level also features a third bedroom and a fourth bedroom currently configured as a walk-in closet. The lower level has a common utility room and a private 15' x 7' storage area. The property is located six blocks from the Walker Art Center and Sculpture Garden, with easy access to highways, bus routes, shopping, restaurants, and parks. The property size is 2687 square feet.

    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 $59.7k $22.20
    − Vacancy −$3.6k −$1.33
    EGI $56.1k $20.87
    − OpEx −$16.8k −$6.26
    NOI $39.3k $14.61
    2,687 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $560.8K
    $490.7K – $654.3K (±1% cap)
    NOI $39,259 @ 7.0% cap · market cap 7.02%
    Second Best
    Apartment 5plus
    $515.1K
    $450.7K – $601.0K (±1% cap)
    NOI $36,059 @ 7.0% cap · market cap 6.45%
    Theoretical Best
    Office A
    $641.1K
    $560.9K – $747.9K (±1% cap)
    NOI $44,874 @ 7.0% cap · market cap 8.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Bakery Computer & Electronic Repair Nursing Home Shopping Center & Mall Car Rental Facility Nursing Home HVAC Service Restaurant (Bike/Boat/Book/etc) Store Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.2954161
    Latitude
    44.966591

    FAQs

    What type of property is this?
    Duplex - Classic condo with bright living spaces and private deck.
    Where is this duplex located?
    The property is located at 1222 Douglas Avenue Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: Private 30' x 10' deck (redone in 2023) with plumbed gas line for grilling, overlooking the neighborhood towards Mount Curve.; Upper‑level unit with bright, airy southwestern exposure and classic architectural details including hardwood floors, woodburning fireplace, leaded glass built‑ins, crown molding, and box beamed ceiling.; Four bedrooms and three bathrooms.
    More about this property
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