301 W 22nd Street Minneapolis, MN 55404 MLS# 7086230 12 beds | 5 baths | 6815 sqft
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Property Description Investment Opportunity in the Whittier Neighborhood!Spanning over 4,500 finished
square feet across 4 levels, this classic 1910 multi-family property at 301 W 22nd St
offers a versatile layout with up to 12 bedrooms and 6 bathrooms.INVESTMENT
FLEXIBILITY: This property presents a great dual-path option for a buyer. It can be
rented out in its current condition for immediate, steady rental income, or updated
over time for higher rent potential. Each unit features unique layouts, classic
historic details, and functional living spaces.FINANCING TERMS: Offered at $850,000.
This property is available exclusively via Contract for Deed (CD) assumption. Terms
include a built-in buyout option at Year 3, and every 5 years thereafter, providing
excellent flexibility for the incoming buyer.LOCATION & AMENITIES: Perfect location
just blocks from local dining, shopping, Uptown, and rapid transit. Complete with
coveted off-street parking. Buyer to verify all MLS data, unit footprints, and CD terms
prior to closing.
Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 819900
Original List Price: 849999
ListPrice: 819900
List Date: 2026-06-05
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1910
Yearly/Seasonal: Yearly
Bedrooms: 12
Baths Total: 5
Main Floor Total SqFt: 2272
Above Ground SqFt: 4543
Below Grd Total SqFt: 2272
Total SqFt: 6815
Foundation Size: 2272
Style: (MF) Four Plex
Total Finished Sqft: 4543.00
Lot Dimensions: 50x124
Acres: 0.14
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 301
Street Direction Prefix: W
Street Name: 22nd
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Complex/Dev/Subdivision: Badger & Penneys Add
Assessments
Tax With Assessments: 10370
Building Information
Finished SqFt Above Ground: 4543
Income and Expenses
Annual Electric Expense: 6791
Annual Fuel Expense: 5710
Annual Gross Expenses: 34186
Annual Gross Income: 79800
Annual Insurance Expense: 4695
Annual Net Income: 45614
Annual Repair Expense: 2000
Annual Trash Expense: 2378
Annual Water/Sewer Expense: 2870
Total Annual Expenses: 32460
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 34
Township#: 29
Unit 1
Furnished?: No
Lease Expiration Date: 2026-06-30
Leased?: Yes
Unit Number: 1
Annual Rent: 16800
Finished SqFt: 1000
Full Baths: 1
Monthly Rent: 1400
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit 2
Furnished?: No
Lease Expiration Date: 2026-12-31
Leased?: Yes
Unit Number: 2
Annual Rent: 24000
Finished SqFt: 1000
Full Baths: 1
Monthly Rent: 2000
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 4
Total Rooms: 6
Unit 3
Furnished?: No
Lease Expiration Date: 2027-03-31
Leased?: Yes
Unit Number: 3
1/2 Baths: 1
Annual Rent: 24000
Finished SqFt: 1800
Full Baths: 1
Monthly Rent: 2000
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 4
Total Rooms: 6
Unit 4
Furnished?: No
Lease Expiration Date: 2027-02-28
Leased?: Yes
Unit Number: 4
Annual Rent: 15000
Finished SqFt: 800
Full Baths: 1
Monthly Rent: 1250
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 4
Unit Details
Total Units: 4
Property Features
Accessible: None
Basement: Other
Construction Materials: Block
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Shakes; Stucco
Foundation: Combination
Fuel: Electric; Natural Gas
Heating: Boiler; Radiant
Owner Pays: Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Heat; Insurance; Lawn; Repairs; Sewer; Snow Removal; Taxes; Trash Collection; Water
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Sellers Terms: Cash; Contract for Deed; Conventional