2212 27th Ave S Minneapolis, MN 55406
Seward NeighborhoodEstimated payment $2,950/month
Highlights
- Deck
- Community Garden
- 1 Car Attached Garage
- Lower Floor Utility Room
- Porch
- 4-minute walk to Matthews Park
About This Home
Fantastic owner-occupied duplex opportunity in the highly desirable Seward neighborhood! Ideally located just minutes from local coffee shops, popular restaurants, and the scenic Mississippi River, this well-maintained property offers flexibility for both homeowners and investors alike. The main floor unit features beautiful hardwood floors, two spacious bedrooms, a full bathroom, and the convenience of in-unit laundry. A long-term tenant currently occupies the main level, offering immediate rental stability. The upper unit provides three bedrooms, one full bathroom, and one half bathroom, highlighted by hardwood floors, fresh paint throughout, and new luxury vinyl plank flooring in the kitchen. Recent updates include a new roof in 2022, new garage door and opener, fresh paint in upper level and a newer high-efficiency furnace, providing peace of mind for years to come. Outdoor spaces are equally inviting with a shared deck, patio, and porch, plus a fully fenced yard featuring mature landscaping and beautiful gardens. The detached garage includes an attached workshop, perfect for hobbies, storage, or additional workspace. Whether you're a first-time buyer looking to offset your mortgage through owner occupancy or an investor seeking a strong rental opportunity in a prime Minneapolis location, this property offers exceptional value and versatility.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,743
Year Built
- Built in 1902
Lot Details
- Lot Dimensions are 145x40
- Property is Fully Fenced
- Wood Fence
- Chain Link Fence
- Few Trees
Parking
- 1 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Home Design
- Architectural Shingle Roof
Interior Spaces
- 2,460 Sq Ft Home
- 2-Story Property
- Lower Floor Utility Room
- Laundry on main level
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Laundry in Basement
- Basement Storage
Outdoor Features
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating System
- Baseboard Heating
Listing and Financial Details
- The owner pays for insurance, grounds care, repairs, sewer, snow removal, taxes, water
- Assessor Parcel Number 3602924120165
Community Details
Overview
- 2 Units
- Fair Ground Add Subdivision
Amenities
- Community Garden
- Community Deck or Porch
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,743 | $396,000 | $140,000 | $256,000 |
| 2023 | $5,348 | $410,000 | $140,000 | $270,000 |
| 2022 | $4,899 | $369,000 | $114,000 | $255,000 |
| 2021 | $2,928 | $358,000 | $104,000 | $254,000 |
| 2020 | $4,502 | $358,000 | $79,700 | $278,300 |
| 2019 | $4,189 | $308,500 | $53,100 | $255,400 |
| 2018 | $3,762 | $280,500 | $53,100 | $227,400 |
| 2017 | $3,859 | $252,500 | $48,300 | $204,200 |
| 2016 | $3,987 | $252,500 | $48,300 | $204,200 |
| 2015 | $3,724 | $227,000 | $48,300 | $178,700 |
| 2014 | -- | $207,000 | $46,700 | $160,300 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $418,000 | Title Specialists Inc | |
| Warranty Deed | $418,000 | Title Specialists Inc | |
| Warranty Deed | $92,500 | -- | |
| Deed | $418,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $410,428 | FHA | |
| Closed | $410,428 | No Value Available |
Source: NorthstarMLS
MLS Number: 7017495
APN: 36-029-24-12-0165
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