2206 Arthur Street NE, Minneapolis, MN 55418

New Listing
$499,000
Property Type: Multi-Family Bedrooms: 5 Baths: 3 Square Footage: 2,845 Lot Size (sq. ft.): 5,227 Status: Coming Soon
Current Price: $499,000 List Date: 7/02/2026 Last Modified: 7/03/2026

Overview

Description

Charming up/down duplex in the heart of Northeast Minneapolis! Nestled in the highly desirable Windom Park neighborhood, this well-maintained property offers an excellent opportunity for both investors and owner-occupants. The spacious lower unit features 4 bedrooms and 2 bathrooms and is currently vacant, providing immediate flexibility for an owner-occupant or the ability to lease at current market rents. Previously leased for $2,575/mo. The upper 1-bedroom, 1-bathroom unit is leased through September 2026 at $1,400 per month. Numerous updates include a new roof (2021), two new furnaces (2023), new A/C for the upper unit (2023), and renovations to the lower unit featuring new carpet, fresh paint, bathroom refresh, butcher block countertops, and updated hardware. Conveniently located just minutes from the University of Minnesota, St. Anthony Main, Downtown Minneapolis, the North Loop, and major highways including I-35W, this property offers the perfect combination of location, flexi ...

Listing Details MLS# 7101743

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront YN
No
Year Built
1949
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1025
Above Ground SqFt
1815
Below Grd Total SqFt
1030
Total SqFt
2845
Foundation Size
1090
Style
(MF) Duplex Up and Down
Total Finished Sqft
2618.00
Garage Stalls
2
Lot Dimensions
42x127
Acres
0.12
Assessment Pending
No

Property Features

Accessible: None Basement: Concrete Block; Egress Windows; Full Construction Status: Previously Owned Exterior: Stucco; Wood Fencing: Wood Foundation: None Fuel: Natural Gas Heating: Forced Air Parking Characteristics: Floor Drain; Garage Door Opener; No Int Access to Dwelling Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Electricity; Sewer; Trash Collection Unit 1 Amenities: Patio Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Cooling: Central Unit 1 Family Room Characteristics: Lower Level; Main Level Unit 2 Appliances: Cooktop; Dryer; Microwave; Range; Refrigerator; Water Filtration System Unit 2 Cooling: Central Unit 2 Dining Room Description: Informal Dining Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
499000
ListPrice
499000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2206
Street Name
Arthur
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55418
Complex/Dev/Subdivision
Auditors Sub 228

Assessments

Tax With Assessments
8080
Assessment Balance
0

Basement

Foundation Dimensions
39x21
Concrete Block
Yes
Egress Windows
Yes
Full
Yes

More Information

Building Information

Finished SqFt Above Ground
1792
Finished SqFt Below Ground
826

Income and Expenses

Annual Gross Expenses
4530
Annual Gross Income
47700
Annual Insurance Expense
2130
Annual Water/Sewer Expense
2000
Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Total Annual Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
24x24
Garage Square Feet
576
Floor Drain
Yes
Garage Door Opener
Yes
No Int Access to Dwelling
Yes

Public Survey Info

Range#
24
Section#
12
Township#
29

Unit 1

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
Yes
3/4 Baths
Yes
Annual Rent
30720
Finished SqFt
1851
Full Baths
Yes
Monthly Expense
125
Monthly Rent
2575
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
10

Unit 2

Furnished?
No
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
16800
Finished SqFt
767
Full Baths
Yes
Monthly Expense
35
Monthly Rent
1400
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
Yes
Total Rooms
5

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 009 AUDITOR'S SUBD. NO. 228 S 42 FT OF N 244 FT
Listing City
Minneapolis
Map Page
93
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2565
Property ID Number
1202924420165
Tax Year
2025
Tax Amount
8080
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Charming up/down duplex in the heart of Northeast Minneapolis! Nestled in the highly desirable Windom Park neighborhood, this well-maintained property offers an excellent opportunity for both investors and owner-occupants. The spacious lower unit features 4 bedrooms and 2 bathrooms and is currently vacant, providing immediate flexibility for an owner-occupant or the ability to lease at current market rents. Previously leased for $2,575/mo. The upper 1-bedroom, 1-bathroom unit is leased through September 2026 at $1,400 per month. Numerous updates include a new roof (2021), two new furnaces (2023), new A/C for the upper unit (2023), and renovations to the lower unit featuring new carpet, fresh paint, bathroom refresh, butcher block countertops, and updated hardware. Conveniently located just minutes from the University of Minnesota, St. Anthony Main, Downtown Minneapolis, the North Loop, and major highways including I-35W, this property offers the perfect combination of location, flexibility, and investment potential. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this Northeast duplex is one you won't want to miss.
Directions
Stinson Boulevard to 22nd, East to Arthur, North to home

Accessible

None
Yes

Construction Status

Previously Owned
Yes

Exterior

Stucco
Yes
Wood
Yes

Fencing

Wood
Yes

Foundation

None
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Roof

Age 8 Years or Less
Yes

Sewer

City Sewer/Connected
Yes

Stories

One and One Half
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Electricity
Yes
Sewer
Yes
Trash Collection
Yes

Unit 1 Amenities

Patio
Yes

Unit 1 Appliances

Cooktop
Yes
Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Cooling

Central
Yes

Unit 1 Family Room Characteristics

Lower Level
Yes
Main Level
Yes

Unit 2 Appliances

Cooktop
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Water Filtration System
Yes

Unit 2 Cooling

Central
Yes

Unit 2 Dining Room Description

Informal Dining Room
Yes
IDX
Listing Office: Keller Williams Realty Integrity Lakes
Last Updated: July - 03 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.