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Neal Lawson

neal@mndreamteam.com +1(612) 418-5892

$ 450,000

Est. payment -/mo

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Active

4001 5th AVE S Minneapolis, MN 55409

5 Beds

2 Baths

1,988 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Active

Purchase Type For Sale

Square Footage 1,988 sqft

Price per Sqft $226

Subdivision Portland Park Add

MLS Listing ID 7033843

Bedrooms 5

Year Built 1959

Annual Tax Amount $6,496

Tax Year 2026

Contingent Other

Lot Size 4,791 Sqft

Lot Dimensions 41.10 X 122.10

Property Sub-Type Duplex Side by Side

Property Description

Well-maintained side-by-side duplex in a convenient South Minneapolis location, an excellent opportunity for investors seeking steady rental income. Both units are currently rented, featuring hardwood floors and bright kitchens with large windows that bring in great natural light. The property includes a spacious 3-bedroom unit renting for $1,800/month and a 2-bedroom unit renting for $1,700/month, with tenants responsible for their own gas and electric, helping keep owner expenses lower. It is ideally located near neighborhood parks, restaurants, coffee shops, and everyday shopping. Enjoy easy access to Minneapolis' renowned park and trail system and nearby lakes. Commuters will appreciate quick access to I-35W and convenient connections to downtown Minneapolis. A solid investment opportunity in a vibrant and well-connected area of the city. Unit on the Right is on a month to month and willing to vacate for an owner occupancy.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Full, Single Tenant Access

Interior

Heating Forced Air

Fireplace No

Exterior

Parking Features Concrete, Open

Pool None

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light

Story One

Foundation 1988

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

New Construction false

Schools

School District Minneapolis

Listed by Kerby Skurat • RE/MAX Results

NEARBY SCHOOLS & PROPERTIES

Neal Lawson

Broker Associate | License ID: 502039225

+1(612) 418-5892

Neal Lawson

4001 5th AVE S Minneapolis, MN 55409

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

NEARBY SCHOOLS & PROPERTIES

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