Find Your Dream Home: Search 10,000+ Homes for Sale

840 25th Avenue SE, Minneapolis, MN 55414

New Listing

$450,000

Property Type: Multi-Family Bedrooms: 8 Baths: 4 Square Footage: 3,456 Lot Size (sq. ft.): 5,227 Status: Coming Soon

Current Price: $450,000 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

Why pay for a dorm or apartment when you can own and have your roommates and tenants pay for your housing? Of course, since it comes very close to meeting the 1% rule, you could also buy it just for the cash flow. Close to both U of M campuses, a short walk to the busline and centrally located, making vacancies easy to fill and any commute never too far.

Listing Details MLS# 7098131

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1961
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1728
Above Ground SqFt: 1728
Below Grd Total SqFt: 1728
Total SqFt: 3456
Foundation Size: 1728
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1728.00
Garage Stalls: 2
Lot Dimensions: 42x152x65x102
Acres: 0.12
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Concrete Block Construction Materials: Frame Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Cedar Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Laundry: In Basement Owner Pays: Sewer; Trash Collection; Water Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Fuel; Gas Unit 1 Amenities: Main Floor Primary Bedroom; Washer/Dryer Hookup Unit 1 Appliances: Cooktop; Dryer; Refrigerator; Washer Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Family Room Characteristics: Family Room; Lower Level Unit 1 Special Search: Main Floor Bedroom Unit 2 Appliances: Cooktop; Dryer; Refrigerator; Washer Unit 2 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Family Room Characteristics: Entertainment/Media Cntr; Lower Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 450000
ListPrice: 450000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 840
Street Name: 25th
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Cole & Weeks Add

Assessments

Tax With Assessments: 8583
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1728

More Information

Income and Expenses

Annual Gross Income: 52704
Annual Net Income: 52704
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 535

Public Survey Info

Range#: 23
Section#: 19
Township#: 29

Unit 1

Furnished?: No
Lease Expiration Date: 2027-06-30
Leased?: Yes
Unit Number: Yes
3/4 Baths: Yes
Annual Rent: 26364
Finished SqFt: 864
Full Baths: Yes
Monthly Rent: 2197
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 9

Unit 2

Furnished?: No
Lease Expiration Date: 2026-08-31
Leased?: Yes
Unit Number: 2
3/4 Baths: Yes
Annual Rent: 26430
Finished SqFt: 864
Full Baths: Yes
Monthly Rent: 2195
No. of Units Like This: Yes
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 9

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 007 BLOCK 019 COLE & WEEKS ADDN TO MPLS S 35 FT INCL ADJ 1/2 OF VAC ALLEY
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1607
Property ID Number: 1902923130078
Tax Year: 2026
Tax Amount: 8583
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Why pay for a dorm or apartment when you can own and have your roommates and tenants pay for your housing? Of course, since it comes very close to meeting the 1% rule, you could also buy it just for the cash flow. Close to both U of M campuses, a short walk to the busline and centrally located, making vacancies easy to fill and any commute never too far.
Directions: 22ND AVE SE TO COLE TO 25TH AVE SE

Accessible

None: Yes

Basement

Concrete Block: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Electric

Circuit Breakers: Yes

Exterior

Cedar: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Fiber Optic: Yes

Laundry

In Basement: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes
Water: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes
Gas: Yes

Unit 1 Amenities

Main Floor Primary Bedroom: Yes
Washer/Dryer Hookup: Yes

Unit 1 Appliances

Cooktop: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Family Room Characteristics

Family Room: Yes
Lower Level: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes

Unit 2 Appliances

Cooktop: Yes
Dryer: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

3/4 Basement: Yes
Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Family Room Characteristics

Entertainment/Media Cntr: Yes
Lower Level: Yes

Listing Office: Keller Williams Realty Integrity

Last Updated: July - 01 - 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.