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$363,000 Just Listed

  • For Sale
  • Active
  • Duplex
  • 3 Beds
  • 2 Total Baths
  • 1,648 Sq. Ft.
  • Updated 3 days ago
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Excellent investment opportunity or ideal owner-occupied duplex in a convenient location. Live in the main-level unit while generating $1,600 per month from the long-term tenant in the upper unit. This classic up-and-down duplex offers strong rental history, positive cash flow and numerous improvements, including a two-year-old roof, updated electrical and plumbing, a newer furnace and central air with updated ductwork in 2nd floor unit, front and rear porches and an asphalt driveway completed in 2019-2020. Each unit features private in-unit laundry, while the fenced yard, four off-street parking spaces and room to add a garage provide additional value and flexibility.

Full Property Details for 122 W 32nd St

General

  • Price: $363,000
  • Taxes: $4,488 (2026)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7138169
  • Updated: 9/5/2026
  • Added to Site: 4 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Main Level, In Unit, Upper Level, Main Level, In Unit, Upper Level

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Parking Features: Asphalt

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Richardsons Add
  • Neighborhood: 48
  • Driving Directions: Lyndale Ave. East on 31st South 1 blk right on 32nd 1/2 blk

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Partial, Unfinished
  • Foundation Size: 940
  • Disability Access: None
  • Square Feet: 1,648
  • Above Ground: 1,648 Sq. Ft.
  • Below Ground: 300 Sq. Ft.
  • Finished Down/Base.: 1,948 Sq. Ft.
  • Year Built: 1885

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Dimensions: 36 x 124
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $4,488
  • Tax Year: 2026
  • Terms: Conventional, Cash
  • Tenant Pays: All Utilities, Electricity, Fuel, Gas, Heat, Hot Water
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: BLOCK 002 RICHARDSONS ADDN TO MPLS E 36 FT OF W 72 FT OF LOTS 5 6 AND 7
  • Property ID: 302824210120

Listed by RE/MAX Results

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— 122 W 32nd St —

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Schools serving 122 W 32nd St

School District:Minneapolis Public School District
NameGradesDistance
Lyndale Elementary School
312 West 34th Street, Minneapolis, MN 55408
PK-50.3 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-82.2 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-122.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 122 W 32nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$363,000
126.88%
MLS
4/26/2004
Sold
$160,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 122 W 32nd St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,488
10%
$269,500
5%
2025
$4,079
7%
$256,000
-5%
2023
$3,830
-6%
$269,000
-1%
2023
$4,096
—
$271,000
9%
2023
$4,096
17%
$249,000
23%
2020
$3,510
11%
$201,875
5%
2019
$3,155
27%
$192,750
18%
2018
$2,482
15%
$162,775
19%
2017
$2,149
2%
$136,615
6%
2016
$2,103
14%
$128,985
20%
2015
$1,849
—
$107,185
7%
2014
$1,853
-6%
$100,100
-6%
2013
$1,966
—
$106,095
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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RE/MAX Results

122 W 32nd Street, Minneapolis, MN 55408 (MLS# 7138169) is a Duplex property with 3 bedrooms and 0 full bathrooms. 122 W 32nd Street is currently listed for $363,000 and was received on September 04, 2026. Want to learn more about 122 W 32nd Street? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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