4001 5th AVE S, Minneapolis, MN 55409
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4001 5th AVE S, Minneapolis, MN 55409
4001 5th AVE S, Minneapolis, MN 55409
4001 5th AVE S, Minneapolis, MN 55409
4001 5th AVE S, Minneapolis, MN 55409

$450,000

Est. payment /mo

$450,000

Est.Price: ?

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4001 5th AVE S Minneapolis, MN 55409

5 Beds

2 Baths

1,988 SqFt

SOLD DATE : 06/29/2026

Key Details

Sold Price $450,000

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Sold

Purchase Type For Sale

Square Footage 1,988 sqft

Price per Sqft $226

Subdivision Portland Park Add

MLS Listing ID 7033843

Sold Date 06/29/26

Bedrooms 5

Year Built 1959

Annual Tax Amount $6,496

Tax Year 2026

Contingent None

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 that is vacant and ready to be owner-occupied, and a 2-bedroom unit renting for $1,700/month and lease ends June 2027, 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.

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

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Listed by Kerby Skurat • RE/MAX Results

NEARBY SCHOOLS & BUSINESSES

Jake Waldman

Jake Waldman

Advisor License ID: 40751253

+1(612) 281-4313

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