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$450,000

  • For Sale
  • Active
  • Duplex
  • 5 Beds
  • 3 Total Baths
  • 2,336 Sq. Ft.
  • 2 Car Garage
  • Updated 10 days ago
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Calling all savvy investors! This multi-family gem on 23rd Avenue SE in Southeast Minneapolis puts you steps away from the University of Minnesota, vibrant local eateries, parks, and convenient public transit. Imagine turning this property into a steady income stream while enjoying the benefits of a highly desirable location. Recent updates: like new carpet, newer appliances, a sun-filled sunroom, updated electrical, a fenced yard, and a newer deck, add both charm and value. Whether you're looking to rent both units or live in one while renting the other, this is a rare opportunity to combine location, modern upgrades, and strong investment potential in one package!

Full Property Details for 863 23rd Ave SE

General

  • Price: $450,000
  • Taxes: $7,732 (2025)
  • Status: Active
  • Type: Duplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6769475
  • Updated: 3/23/2026
  • Added to Site: 32 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Shared Amenities: Deck, Patio

Exterior

  • Porch/Patio/Deck: Deck, Patio, Porch, Side Porch

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Cole & Weeks Add
  • Neighborhood: 14
  • Driving Directions: Take E Hennepin Avenue east to 22nd Avenue SE, turn east to Cole Street, then turn left onto 23rd Avenue SE. The property will be on the left.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

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

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 1204
  • Disability Access: None
  • Square Feet: 2,336
  • Above Ground: 2,336 Sq. Ft.
  • Below Ground: 114 Sq. Ft.
  • Finished Down/Base.: 2,450 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 127 x 41
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks)
  • Fencing (Description): Wood

Financial Considerations

  • Tax Amount: $7,732.46
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 005 BLOCK 016 COLE & WEEKS ADDN TO MPLS
  • Property ID: 1902923240114

Listed by eXp Realty

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Listing agents

— 863 23rd Ave SE —

  • eXp Realty

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 863 23rd Ave SE

School District:Minneapolis Public School District
NameGradesDistance
Pillsbury Elementary School
2250 Northeast Garfield Street, Minneapolis, MN 55418
PK-51.9 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-82.6 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
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 863 23rd Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/12/2026
Listed
$450,000
59.29%
MLS
5/21/2015
Sold
$282,500
—
Public Record
Get Price Alerts and Save Property
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 863 23rd Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,732
11%
$424,000
-3%
2023
$6,959
13%
$435,000
13%
2023
$6,182
—
$384,000
4%
2023
$6,182
1%
$371,000
7%
2020
$6,134
-3%
$347,000
10%
2019
$6,327
28%
$315,500
17%
2018
$4,942
7%
$269,500
9%
2017
$4,630
-6%
$247,000
—
2016
$4,929
26%
$247,000
6%
2015
$3,909
-7%
$231,990
—
2014
$4,192
—
$231,990
—
2013
$4,210
—
$231,990
—
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 eXp Realty

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863 23rd Avenue SE, Minneapolis, MN 55414 (MLS# 6769475) is a Duplex property with 5 bedrooms and 0 full bathrooms. 863 23rd Avenue SE is currently listed for $450,000 and was received on March 02, 2026. Want to learn more about 863 23rd Avenue SE? 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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