1523 22nd Avenue N, Minneapolis, MN 55411

Property Description

Excellent investment opportunity in the Jordan neighborhood of North Minneapolis! This well-maintained duplex offers flexibility for both investors and owner-occupants, with both units now vacant and ready for their next occupants. The upper unit features 3 bedrooms and 1 bathroom and has been freshly turned, with fresh paint and updates throughout. Previously rented for $1,795/month, the unit is move-in ready for a new tenant or owner-occupant. The main-level Unit 1 features a functional layout and was previously rented for $1,375/month, providing an opportunity for a new owner to establish their own rental terms and maximize the property's income potential. With both units vacant, a new owner can immediately lease both units, live in one unit while renting the other, or take advantage of the flexibility to make improvements and establish new leases from day one. Conveniently located near North Commons Park, Theodore Wirth Park, West Broadway's restaurants and neighborhood businesses, Downtown Minneapolis, and the Mississippi River. Easy access to I-94 and Highway 55 provides convenient connections throughout Minneapolis and the Twin Cities. Whether you're expanding your investment portfolio or looking for an owner-occupied opportunity, this duplex offers two vacant units, flexible leasing options, and a freshly turned upper unit ready for occupancy.