9522 Pleasant Avenue S, Minneapolis, MN 55420

New Listing
$500,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 1,550 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $500,000 List Date: 10/10/2025 Last Modified: 10/10/2025

Description

Wonderful side-by-side duplex, currently rented, leases are up in May of 2026, with both sides looking to renew! Both units have a very open concept, updated kitchen in 9524 side, new carpet, both units have unfinshed bedrooms downstairs with a ton of storage space through-out! Both units are 2 beds 1 bath. HUGE yard, which is a big seller for tenants! Possible to add bedrooms in both basements as well for value add! Layout: Each unit = 2 bed / 1 bath Condition: Super clean and well-kept interiors on both sides Occupancy: Consistently occupied; no rent owed from either tenant Management: Currently professionally managed by us! Current Leases & Rents 9524 Pleasant Ave S: $1,695/mo — lease through 06/30/2026 9522 Pleasant Ave S: $1,800/mo — lease through 06/30/2026 Income Snapshot: Monthly Gross Rent: $3,495 Annual Gross Rent: $41,940 Notes: Always rented; stable tenants with on-time payment history (We are managing this property)

More Information MLS# 6799767

Contract Information

Owner is an Agent?: No Auction?: No Status: Active Contingency: None Current Price: $500,000 Original List Price: 500000 ListPrice: 500000 List Date: 2025-10-07

Office/Member Info

Association: MAAR

General Property Information

# Carport Spaces: 2 Lot Measurement: Acres Multiple PIDs?: No Owner Occupied: No Year Built: 1967 Yearly/Seasonal: Yearly Zoning: Residential-Multi-Family Lot Dimensions: 150x180 Acres: 0.34 Main Floor Total SqFt: 1050 Below Grd Total SqFt: 500 Above Ground SqFt: 1050 Total Finished Sqft: 1550.00 Foundation Size: 500 Style: (MF) Duplex Side X Side Garage Stalls: 2 Bedrooms: 4 Baths Total: 2 Total SqFt: 1550

Location, Tax and Other Information

Legal Description: LOT 004 BLOCK 010 OXBORO HEATH THAT PART LYING E OF W 188 5/10 FT EX ROAD Listing City: Bloomington Map Page: 134 Municipality: Bloomington School District Phone: 952-681-6400 Zip Plus 4: 1170 Property ID Number: 1502724220048 Tax Year: 2025 Tax Amount: 5782 In Foreclosure?: No Potential Short Sale?: No Lender Owned?: No

Directions & Remarks

Public Remarks: Wonderful side-by-side duplex, currently rented, leases are up in May of 2026, with both sides looking to renew! Both units have a very open concept, updated kitchen in 9524 side, new carpet, both units have unfinshed bedrooms downstairs with a ton of storage space through-out! Both units are 2 beds 1 bath. HUGE yard, which is a big seller for tenants! Possible to add bedrooms in both basements as well for value add! Layout: Each unit = 2 bed / 1 bath Condition: Super clean and well-kept interiors on both sides Occupancy: Consistently occupied; no rent owed from either tenant Management: Currently professionally managed by us! Current Leases & Rents 9524 Pleasant Ave S: $1,695/mo — lease through 06/30/2026 9522 Pleasant Ave S: $1,800/mo — lease through 06/30/2026 Income Snapshot: Monthly Gross Rent: $3,495 Annual Gross Rent: $41,940 Notes: Always rented; stable tenants with on-time payment history (We are managing this property) Directions: Head south on I-35W S. Take Exit 6 for 98th Street toward 94th Street. Turn right (west) onto 98th Street. After about 1.2 miles, turn right (north) onto Pleasant Ave S.

Accessible

None: 1

Amenities Shared

None: 1

Assessments

Assessment Balance: 0 Tax With Assessments: 5782

Basement

Full: 1 Unfinished: 1

Building Information

Finished SqFt Above Ground: 1050 Finished SqFt Below Ground: 500

Construction Materials

Block: 1 Concrete: 1

Construction Status

Previously Owned: 1

Exterior

Wood: 1

Foundation

Concrete Block: 1

Fuel

Natural Gas: 1

Heating

Forced Air: 1

Internet Options

Cable: 1

Laundry

Laundry Room: 1 Lower Level: 1

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes Homestead: No

Owner Pays

Exterior Maintenance: 1 HVAC Maintenance: 1 Maintenance/Repair: 1 Management: 1 Repairs: 1 Roof Maintenance: 1

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 24x44 Garage Square Feet: 528

Pool Description

None: 1

Public Survey Info

Range#: 24 Section#: 15 Township#: 27

Rental License Type

Standard: 1

Roof

Age Over 8 Years: 1

Sellers Terms

Cash: 1 Conventional: 1 FHA: 1 VA: 1

Sewer

City Sewer/Connected: 1

Stories

One and One Half: 1

Unit 1

Furnished?: No Lease Expiration Date: 2026-06-30 Leased?: Yes Level: Main Level Unit Number: 1 Monthly Rent: 1800 Full Baths: 1 Total Rooms: 4 Annual Rent: 21600 Finished SqFt: 950 Monthly Expense: 83 No. of Units Like This: 1 Total Baths: 1 Total Bedrooms: 2

Unit Details

Total Units: 2

Water

City Water/Connected: 1

Income and Expenses

Annual Caretaker Expense: 0 Annual Electric Expense: 0 Annual Fuel Expense: 0 Annual Gross Expenses: 2000 Annual Gross Income: 41940 Annual Insurance Expense: 2000 Annual Maintenance Expense: 2000 Annual Net Income: 39940 Annual Repair Expense: 0 Annual Trash Expense: 0 Annual Water/Sewer Expense: 0 Misc Monthly Income: 3495 Total Annual Expenses: 2000

No. of Ranges

Two: 1

No. of Refrigerators

Two: 1

Tenant Pays

All Utilities: 1 Cable TV: 1

Unit 1 Cooling

Central: 1

Unit 1 Family Room Characteristics

Family Room: 1

Unit 2

Furnished?: No Lease Expiration Date: 2026-05-31 Leased?: Yes Level: Main Level Unit Number: 2 Annual Rent: 21600 Finished SqFt: 950 Full Baths: 1 Monthly Expense: 83 Monthly Rent: 1800 No. of Units Like This: 1 Total Baths: 1 Total Bedrooms: 2 Total Rooms: 4

Unit 2 Bath Description

Main Floor Full Bath: 1

Unit 2 Cooling

Central: 1

Unit 2 Family Room Characteristics

Family Room: 1

Location Tax and Other Information

House Number: 9522 Street Name: Pleasant Street Suffix: Avenue Street Direction Suffix: S Postal City: Minneapolis County: Hennepin State: MN Zip Code: 55420 Complex/Dev/Subdivision: Oxboro Heath

Property Features

Accessible: None Amenities Shared: None Basement: Full; Unfinished Construction Materials: Block; Concrete Construction Status: Previously Owned Exterior: Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: Laundry Room; Lower Level Owner Pays: Exterior Maintenance; HVAC Maintenance; Maintenance/Repair; Management; Repairs; Roof Maintenance Pool Description: None Rental License Type: Standard Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: All Utilities; Cable TV Unit 1 Cooling: Central Unit 1 Family Room Characteristics: Family Room Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Family Room Characteristics: Family Room Water: City Water/Connected
Listing Office: Meta Realty
Last Updated: October - 10 - 2025
9522 Pleasant Avenue S, Minneapolis, MN 55420- MLS# 6799767
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