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$499,999

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 4 Total Beds
  • Updated 2 days ago
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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.

Full Property Details for 1221 29th Ave NE

General

  • Price: $499,999
  • Taxes: $7,988 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7093206
  • Updated: 8/20/2026
  • Added to Site: 9 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Basement, Common Area, In Basement, Common Area

Additional Information

  • Shared Amenities: Laundry

Parking

  • Parking Features: Asphalt

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Summit View Add
  • Neighborhood: 2
  • Driving Directions: Central Ave NE (Hwy 65) north to 29th Ave NE, west to home on right

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block, Concrete, Frame
  • Basement: Yes
  • Basement Desc.: Block, Shared Access, Storage Space, Unfinished
  • Foundation Size: 1581
  • Roof: Age 8 Years or Less, Flat
  • Disability Access: None
  • Square Feet: 3,162
  • Above Ground: 3,162 Sq. Ft.
  • Below Ground: 1,581 Sq. Ft.
  • Finished Down/Base.: 4,743 Sq. Ft.
  • Year Built: 1924

Unit Information

  • Units w/Refrigerators: 4

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 62 x 100

Financial Considerations

  • Operating Expenses: $19,970
  • Tax Amount: $7,988
  • Tax Year: 2025
  • Owner Pays: Heat
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Pays Electric: Tenant Pays
  • Pays Heat: Owner Pays
  • Pays Trash: Tenant Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: BLOCK 002 SUMMIT VIEW ADDN TO MPLS E 1/2 OF LOTS 11 AND 12
  • Property ID: 102924340221

Listed by MRG Realty Partners, LLC

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Listing agents

— 1221 29th Ave NE —

  • MRG Realty Partners, LLC

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Schools serving 1221 29th Ave NE

School District:Minneapolis Public School District
NameGradesDistance
Waite Park Elementary School
1800 34th Avenue Northeast, Minneapolis, MN 55418
PK-50.7 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-80.4 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-120.9 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 1221 29th Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$499,999
96.08%
MLS
5/10/2013
Sold
$255,000
—
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 1221 29th Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,860
9%
$460,000
5%
2025
$8,116
14%
$438,000
-2%
2023
$7,119
-6%
$445,000
-5%
2023
$7,542
5%
$468,500
15%
2020
$7,203
15%
$407,500
18%
2019
$6,271
9%
$345,500
10%
2018
$5,758
13%
$314,000
15%
2017
$5,117
5%
$273,000
8%
2016
$4,893
2%
$253,000
7%
2015
$4,788
-7%
$236,000
—
2014
$5,154
-6%
$236,000
-5%
2013
$5,457
—
$248,500
—
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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Listed by MRG Realty Partners, LLC

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1221 29th Avenue NE, Minneapolis, MN 55418 (MLS# 7093206) is a Multi-Family property with 4 units containing 4 bedrooms and 0 full bathrooms. 1221 29th Avenue NE is currently listed for $499,999 and was received on August 14, 2026. Want to learn more about 1221 29th Avenue NE? Do you have questions about finding other Multi-Family 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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