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    Remodeled Duplex for Owner-Occupancy Title is generated by Realmo AI

    2219 29th Avenue N, Minneapolis, MN 55411

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    For Sale
    $259,900

    MULTI_FAMILY - Minneapolis, MN

    Property size:
    1,599 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $162/SF
    Added:
    May 6, 2026
    Days on Market:
    59
    Last Refresh:
    Jul 3 at 12:06 pm

    Property Features for 2219 29th Avenue N

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 2, Basement, Bathroom 1, Bedroom 3, Bathroom 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

    We can help!

    Contact an agent
    Lexi Clercx

    Listing agent Lexi Clercx

    Listing office Real Broker, LLC 2355 Hwy. 36 W Suite 439, St. Paul, MN

    Listing date May 6, 2026

    MLS# 7069635 Listing URL

    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

    • Fully remodeled up/down duplex with separate utilities for each unit
    • Main‑level unit features hardwood floors, built‑ins, white shaker cabinetry, quartz countertops, and stainless steel appliances
    • Main level includes 1 spacious bedroom and a full bath
    • Upper‑level unit offers 2 bedrooms and an updated full bath with tiled shower surround
    • Heating includes baseboard and forced air; exterior features metal and vinyl
    • Year built: 1904

    Overview

    This fully remodeled up-and-down duplex offers two distinct residential units with separate utility arrangements for added convenience. The main level includes hardwood floors, built-ins, white shaker cabinetry, quartz countertops, and stainless steel appliances, along with a spacious bedroom and a full bath. The upper level features additional hardwood flooring, two bedrooms, and an updated full bath with a tiled shower surround. The layout provides a straightforward duplex configuration that supports both private living and rental income.

    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.

    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
    1,599 SF · lease $22.20/SF/yr · vacancy 5.98% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $333.8K
    $292.0K – $389.4K (±1% cap)
    NOI $23,363 @ 7.0% cap · market cap 8.99%
    Second Best
    Apartment 5plus
    $306.5K
    $268.2K – $357.6K (±1% cap)
    NOI $21,458 @ 7.0% cap · market cap 8.26%
    Theoretical Best
    Office A
    $381.5K
    $333.8K – $445.1K (±1% cap)
    NOI $26,704 @ 7.0% cap · market cap 10.27%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency Building Supply Dental Office Accounting Firm HVAC Service Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.309115
    Latitude
    45.009494

    FAQs

    What type of property is this?
    Duplex - Fully remodeled duplex with separate utilities, suited for owner-occupants or income-focused buyers.
    Where is this duplex located?
    The property is located at 2219 29th Avenue N Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $259,900.
    What are key features of this property?
    This property features: Fully remodeled up/down duplex with separate utilities for each unit; Main‑level unit features hardwood floors, built‑ins, white shaker cabinetry, quartz countertops, and stainless steel appliances; Main level includes 1 spacious bedroom and a full bath
    More about this property
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