1227 Morgan Avenue NMinneapolis, MN 55411
$299,900
4 bedrooms · 2 bathrooms · 2,872 finished sq ft · 0.13 acre lot
About this home
Classic Minneapolis Charm meets Smart Investing! Turn the key on an incredible opportunity with this classic, two-story double bungalow duplex situated on a rare, expansive lot. Each spacious 2-bedroom, 1-bathroom unit lives like a single-family home, boasting expansive layouts over two full stories. Character lovers will fall in love with the gorgeous, untouched natural woodwork, gleaming floors, and architectural charm that defines historic Minneapolis multi-family homes. Both units feature generous room sizes, bright windows, and dedicated living and dining spaces. The massive lot offers rare outdoor space for tenants to enjoy, garden, or entertain, providing a massive advantage over standard city lots. Perfect for an investor looking for a high-demand rental or an owner-occupant wanting to build equity while letting a tenant pay the mortgage. Don't miss this blend of classic style, space, and strong cash-flow potential!
Home facts
- Home type
- Multi-family home
- Style
- Duplex
- Year built
- 1922
- Bedrooms
- 4
- Bathrooms
- 2
- Finished sq ft
- 2,872
- Lot
- 0.13 acres
- Garage
- 3 stalls
- Basement
- Full, Other
- Heating
- Natural Gas
- Property taxes
- $4,906 a year
- Listed
- July 13, 2026
- MLS number
- 7108880
Listing courtesy of Jernell Realty (Jason D. Jernell, GRI). MLS #7108880.
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How it compares
1227 Morgan Avenue N, Minneapolis, MN 55411 is a 4-bedroom multi-family home built in 1922 in Near North, listed for $299,900 on July 13, 2026 by Jernell Realty. That is in the lower quarter of the 182 multi-family homes for sale in Minneapolis right now (median $399,900; $104 per square foot here against $170 for the group). That works out to $104 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Near North, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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