863 23rd Ave SE Minneapolis, MN 55414
Como NeighborhoodEstimated payment $3,030/month
Highlights
- Deck
- Side Porch
- Forced Air Heating System
- 2 Car Detached Garage
- Patio
- Community Deck or Porch
About This Home
Calling all savvy investors! This multi-family gem on 23rd Avenue SE in Southeast Minneapolis puts you steps away from the University of Minnesota, vibrant local eateries, parks, and convenient public transit. Imagine turning this property into a steady income stream while enjoying the benefits of a highly desirable location. Recent updates: like new carpet, newer appliances, a sun-filled sunroom, updated electrical, a fenced yard, and a newer deck, add both charm and value. Whether you’re looking to rent both units or live in one while renting the other, this is a rare opportunity to combine location, modern upgrades, and strong investment potential in one package!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,732
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 127 x 41
- Wood Fence
Parking
- 2 Car Detached Garage
Home Design
- Duplex
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Deck
- Patio
- Side Porch
Utilities
- Forced Air Heating System
- Gravity Heating System
Listing and Financial Details
- Assessor Parcel Number 1902923240114
Community Details
Overview
- 2 Units
- Cole & Weeks Add Subdivision
Amenities
- 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 | $7,732 | $424,000 | $119,000 | $305,000 |
| 2023 | $6,959 | $435,000 | $119,000 | $316,000 |
| 2022 | $6,303 | $384,000 | $69,000 | $315,000 |
| 2021 | $5,840 | $371,000 | $59,000 | $312,000 |
| 2020 | $6,134 | $357,500 | $55,700 | $301,800 |
| 2019 | $6,327 | $347,000 | $37,100 | $309,900 |
| 2018 | $4,942 | $315,500 | $37,100 | $278,400 |
| 2017 | $4,630 | $247,000 | $33,700 | $213,300 |
| 2016 | $4,929 | $247,000 | $33,700 | $213,300 |
| 2015 | $3,909 | $247,000 | $33,700 | $213,300 |
| 2014 | -- | $247,000 | $33,700 | $213,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $450,000 | -- | $193 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $282,500 | Global Closing |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $277,382 | FHA |
Source: NorthstarMLS
MLS Number: 6769475
APN: 19-029-23-24-0114
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Ask me questions while you tour the home.