3200 23rd Avenue S, Minneapolis, MN 55407
New Listing
$474,990
Property Type:
Multi-Family
Bedrooms:
6
Baths:
3
Square Footage:
3,667
Lot Size (sq. ft.):
6,098
Status:
Coming Soon
Current Price:
$474,990
List Date:
7/22/2026
Last Modified:
7/22/2026
Overview
Description
...
(Read more)
Charming duplex in the heart of South Minneapolis' Corcoran neighborhood! This well-maintained property features a 2 bed, 1 bath main floor unit and a spacious 4 bed, 2 bath upper-level unit. The main floor unit offers an open, sun-filled layout with an updated kitchen, vinyl double-pane windows, hardwood floors, and a lovely porch. The upper unit spans two levels with either three bedrooms plus a den or four bedrooms, a full bath, a half bath, an updated kitchen, and a large porch of its own. The main floor unit is currently leased through May 31, 2027, offering built-in rental income from day one. The upper level unit will be vacant at the end of September, making it a great opportunity for an owner-occupant to move in while keeping the main floor's rental income flowing. Recent updates include a new roof, updated electrical panels, and refreshed kitchens and baths throughout. A detached two-stall garage and driveway provide ample parking. Located just minutes from highways, the light rail, and the shops, restaurants, and parks.
Listing Details MLS# 7113586
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Owner Occupied
- No
- Waterfront YN
- No
- Year Built
- 1900
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Main Floor Total SqFt
- 1053
- Above Ground SqFt
- 2614
- Below Grd Total SqFt
- 1053
- Total SqFt
- 3667
- Foundation Size
- 1053
- Style
- (MF) Duplex Up and Down
- Total Finished Sqft
- 2614.00
- Garage Stalls
- 2
- Lot Dimensions
- 121x50
- Acres
- 0.14
- Assessment Pending
- Yes
Property Features
Accessible:
None
Assumable Loan:
Not Assumable
Basement:
Full; Shared Access; Storage Space; Unfinished
Construction Status:
Previously Owned
Exterior:
Metal; Stucco; Wood
Foundation:
Brick/Mortar
Fuel:
Electric
Heating:
Baseboard
Lock Box Type:
Combo
Rental License Type:
Standard
Road Responsibility:
Public Maintained Road
Roof:
Age 8 Years or Less; Asphalt Shingles
Sellers Terms:
Cash; Conventional; FHA; VA
Sewer:
City Sewer/Connected
Water:
City Water/Connected
Contract Information
- Contingency
- None
- Original List Price
- 474990
- ListPrice
- 474990
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 3200
- Street Name
- 23rd
- Street Suffix
- Avenue
- Street Direction Suffix
- S
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55407
- Complex/Dev/Subdivision
- Perkins Add
Assessments
- Assessment Balance
- 266.92
- Tax With Assessments
- 8497
Building Information
- Finished SqFt Above Ground
- 2614
More Information
Income and Expenses
- Annual Electric Expense
- 412.32
- Annual Gross Expenses
- 23722.69
- Annual Gross Income
- 34804.79
- Annual Insurance Expense
- 4824
- Annual Maintenance Expense
- 5438.62
- Annual Net Income
- 11083.1
- Annual Repair Expense
- 1357.4
- Annual Water/Sewer Expense
- 1292.31
- Total Annual Expenses
- 23722.69
- Annual Caretaker Expense
- 0
- Annual Fuel Expense
- 0
- Annual Trash Expense
- 0
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 360
Public Survey Info
- Range#
- 24
- Section#
- 01
- Township#
- 28
Unit 1
- Furnished?
- No
- Lease Expiration Date
- 2027-05-31
- Leased?
- Yes
- Level
- Main Level
- Unit Number
- Yes
- 3/4 Baths
- Yes
- Annual Rent
- 14940
- Finished SqFt
- 1053
- Monthly Rent
- 1245
- No. of Units Like This
- Yes
- Total Baths
- Yes
- Total Bedrooms
- 2
- Total Rooms
- 8
Unit 2
- Furnished?
- No
- Lease Expiration Date
- 2026-09-30
- Leased?
- Yes
- Level
- 2nd Level
- Unit Number
- 2
- 1/2 Baths
- Yes
- Annual Rent
- 18600
- Finished SqFt
- 1561
- Full Baths
- Yes
- Monthly Rent
- 1550
- No. of Units Like This
- Yes
- Total Baths
- 2
- Total Bedrooms
- 4
- Total Rooms
- 10
Unit Details
- Total Units
- 2
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- Legal Description
- LOT 001 BLOCK 001 PERKINS ADDN TO MPLS E 122 FT
- Listing City
- Minneapolis
- Map Page
- 106
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 6667
- Property ID Number
- 0102824240055
- Tax Year
- 2026
- Tax Amount
- 8210
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- Charming duplex in the heart of South Minneapolis' Corcoran neighborhood! This well-maintained property features a 2 bed, 1 bath main floor unit and a spacious 4 bed, 2 bath upper-level unit. The main floor unit offers an open, sun-filled layout with an updated kitchen, vinyl double-pane windows, hardwood floors, and a lovely porch. The upper unit spans two levels with either three bedrooms plus a den or four bedrooms, a full bath, a half bath, an updated kitchen, and a large porch of its own. The main floor unit is currently leased through May 31, 2027, offering built-in rental income from day one. The upper level unit will be vacant at the end of September, making it a great opportunity for an owner-occupant to move in while keeping the main floor's rental income flowing. Recent updates include a new roof, updated electrical panels, and refreshed kitchens and baths throughout. A detached two-stall garage and driveway provide ample parking. Located just minutes from highways, the light rail, and the shops, restaurants, and parks.
- Directions
- Cedar to 32nd Street, East to the corner of 32nd Street & 23rd Ave
Accessible
- None
- Yes
Assumable Loan
- Not Assumable
- Yes
Basement
- Full
- Yes
- Shared Access
- Yes
- Storage Space
- Yes
- Unfinished
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Metal
- Yes
- Stucco
- Yes
- Wood
- Yes
Foundation
- Brick/Mortar
- Yes
Fuel
- Electric
- Yes
Heating
- Baseboard
- Yes
Lock Box Type
- Combo
- Yes
Patio, Porch and Deck Features
- Porch
- Yes
Rental License Type
- Standard
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Age 8 Years or Less
- Yes
- Asphalt Shingles
- Yes
Sellers Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA
- Yes
Sewer
- City Sewer/Connected
- Yes
Water
- City Water/Connected
- Yes
Documents
Listing Office:
Bold North Real Estate LLC
Last Updated: July - 22 - 2026
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