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1221 29th Avenue NE, Minneapolis, MN 55418

Status: Sold

4 units
3,162 sq ft

$546,400

WELCOME HOME

Get to know this property.

Directly across the street from Audubon Park, this 1924 stucco fourplex gives every unit a sunroom facing the green. Four 1BR/1BA units, each with that sunroom, a huge walk-in pantry, beautiful natural woodwork and the character these Northeast buildings are known for. The expensive work is already behind you. The flat roof was redone in fall 2025 and carries transferable 20-year material, 5-year labor, and 50-year metal trim warranties. Exterior fully repainted, common areas refreshed, and a newly paved driveway with six off-street spaces. The basement runs the full footprint of the building, holding coin-op laundry, private storage lockers, and room to spare. Across the street the park offers a recreation center, playground, wading pool, sport courts, walking paths, native plant garden, and a sledding hill, with Central Avenue and Johnson Street shops and restaurants a short walk away. One lease expires October 1, 2026, opening the door to occupy one unit and rent the other three, or simply hold all four.

The details that matter.

General Property Information for 1221 29th Avenue NE, Minneapolis, MN 55418 - MLS# 7093206
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1924
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
3,162
Total Fnsh'd SqFt:
3,162
Above Ground SqFt:
3,162
Finished Above Grade:
3,162
Below Ground SqFt:
1,581
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
0
Main Floor SqFt:
1,581
Approx Lot Dimensions:
62 x 100
Approx Number of Acres:
0.15
Income and Expenses
Gross Income:
$54,400
Total Expenses:
$0

A closer look at the location.

Central Ave NE (Hwy 65) north to 29th Ave NE, west to home on right

This listing has been entered by the following office: MRG Realty Partners, LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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