Home › 1822 Pierce Street NE, Minneapolis, MN 55418 (MLS# 7023393)

1822 Pierce Street NE, Minneapolis, MN 55418 (MLS# 7023393)

$575,000
1822 Pierce Street NE
Minneapolis, MN 55418
MLS# 7023393
6 beds  |  3 baths  |  3285 sqft
1822 Pierce Street NE, Minneapolis, MN 55418
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Property Description
Exceptional triplex located in the heart of Northeast Minneapolis, ideal for investors or owner-occupants. This property has been proudly cared for by the same owner for the past 41 years and it shows! The new owner will appreciate beautiful hardwood floors, lots of natural light in all units, and original character that makes this building a highly desirable rental property. The lower unit has 2 bedrooms, an office/den, 1 bathroom, an open kitchen, and stunning original woodwork with decorative pillars. The second-floor unit has 2 bedrooms plus an office and den, creating a spacious layout, along with 1 bathroom featuring a classic clawfoot tub. The top floor unit is full of unique and original charm, hardwood floors, a clawfoot tub, and 2 bedrooms. Additional highlights include a three-car garage with separate stalls and new Hardie board siding. Both the garage and house have had new roofs and gutters installed in 2024. With a surplus of outdoor space, the oversized lot provides the potential of building an ADU as well. This is a prime location within walking distance to neighborhood restaurants, breweries, bars, Northeast athletic park, Great Northern Greenway bike trail, post office, and the Quarry Shopping Center.

Details
Maps
Contract Information
Status: Active
Contingency: Inspection
Current Price: 575000
Original List Price: 650000
ListPrice: 575000
List Date: 2026-03-02
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1905
Yearly/Seasonal: Yearly
Bedrooms: 6
Baths Total: 3
Main Floor Total SqFt: 1204
Above Ground SqFt: 3285
Total SqFt: 3285
Foundation Size: 1204
Style: (MF) Triplex
Total Finished Sqft: 3285.00
Garage Stalls: 3
Lot Dimensions: 80x132
Acres: 0.24
Assessment Pending: No
Location Tax and Other Information
House Number: 1822
Street Name: Pierce
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55418
Complex/Dev/Subdivision: Lincoln Street Sup East Side Add
Assessments
Tax With Assessments: 7874
Building Information
Finished SqFt Above Ground: 3285
Income and Expenses
Annual Gross Expenses: 5328.58
Annual Gross Income: 59640
Annual Insurance Expense: 2425
Annual Trash Expense: 903
Annual Water/Sewer Expense: 2000
Total Annual Expenses: 5328
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 720
Public Survey Info
Range#: 24
Section#: 12
Township#: 29
Unit 1
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 1
Annual Rent: 21600
Finished SqFt: 1204
Full Baths: 1
Monthly Rent: 1800
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit 2
Furnished?: No
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 20040
Finished SqFt: 1204
Full Baths: 1
Monthly Rent: 1670
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit 3
Furnished?: No
Lease Expiration Date: 2027-05-31
Leased?: Yes
Unit Number: 3
3/4 Baths: 1
Annual Rent: 18000
Finished SqFt: 875
Monthly Rent: 1500
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 3
Property Features
Accessible: None
Assumable Loan: Not Assumable
Basement: Unfinished
Construction Status: Previously Owned
Exterior: Stucco
Foundation: Combination
Fuel: Natural Gas
Heating: Boiler; Other
Laundry: In Basement
Owner Pays: Insurance; Sewer; Trash Collection; Water
Rental License Type: Standard
Roof: Age 8 Years or Less
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Tenant Pays: Broadband; Cable TV; Electricity; Gas
Unit 1 Cooling: None
Unit 1 Fireplace Char: 2-Sided
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: July - 06 - 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.

Wednesday 8th of July 2026 03:30 AM

218-998-4400

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