1722 5th Street NE, Minneapolis, MN 55413 (MLS# 7055267)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 788
Above Ground SqFt: 1599
Below Grd Total SqFt: 788
Total SqFt: 2387
Foundation Size: 811
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1576.00
Garage Stalls: Yes
Lot Dimensions: 45x80x44x92
Acres: 0.09
Assessment Pending: No

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Full Construction Status: Previously Owned Exterior: Aluminum Siding Fencing: Chain Link Financing Terms: Conventional Foundation: Stone Fuel: Electric; Natural Gas Heating: Forced Air Laundry: In Basement; In Unit; Upper Level Owner Pays: Insurance; Maintenance/Repair; Sewer; Trash Collection; Water Roof: Age Over 8 Years Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity; Gas Unit 1 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 2 Amenities: Balcony Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Off Market Date: 2026-04-20
Contingency: None
Closed Date: 2026-05-18
Original List Price: 339000
ListPrice: 339000
Sales Close Price: 360000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1722
Street Name: 5th
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413

Assessments

Tax With Assessments: 6121.06
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1576

More Information

Income and Expenses

Annual Gross Expenses: 10131
Annual Gross Income: 32340
Annual Insurance Expense: 1915
Annual Maintenance Expense: 250
Annual Repair Expense: 250
Annual Trash Expense: 980
Annual Water/Sewer Expense: 981
Total Annual Expenses: 4300
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 220

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Annual Rent: 16740
Finished SqFt: 788
Full Baths: Yes
Monthly Expense: 60
Monthly Rent: 1395
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 15600
Finished SqFt: 811
Full Baths: Yes
Monthly Expense: 60
Monthly Rent: 1300
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: Lot 000 Block 027 COBBS ADDN TO ST ANTHONY S 44 FT OF LOT 2 AND S 44 FT OF THAT PART OF LOT 1 W OF FIFTH ST NE AS OPENED BY CITY
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Country: US
Zip Plus 4: 1313
Property ID Number: 1102924340137
Tax Year: 2026
Tax Amount: 6121.06
In Foreclosure?: No
Potential Short Sale?: Yes
Lender Owned?: No

Directions & Remarks

Public Remarks: Experience the best of NE Minneapolis living with this charming, low-maintenance duplex, ideally located among top restaurants, parks, shops, and cafés. Blending character, convenience, and income potential, this property offers a unique opportunity in one of the city’s most vibrant neighborhoods. Both units feature beautiful hardwood floors and in-unit laundry—highly desirable amenities for today’s renters. The upper-level unit includes 1 bedroom, 1 bathroom, generous closet space, and a versatile bonus area perfect for a home office or creative studio. The main-floor unit offers 2 bedrooms, 1 bathroom, and a spacious, light-filled layout with classic woodwork and charm. Whether you’re looking to owner-occupy or expand your investment portfolio, this is a rare chance to own in one of Minneapolis’ most sought-after locations.
Directions: Take I-494N to I-94 E/I-694 E. Use the left 2 lanes to turn slightly left onto I-694 E. Take exit 37 towards MN-47S/ State Hwy 47 S. Turn left onto NE 18th Ave. Turn right on 5th St NE.

Accessible

None: Yes

Assumable Loan

Not Assumable: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Exterior

Aluminum Siding: Yes

Fencing

Chain Link: Yes

Financing Terms

Conventional: Yes

Foundation

Stone: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Laundry

In Basement: Yes
In Unit: Yes
Upper Level: Yes

Owner Pays

Insurance: Yes
Maintenance/Repair: Yes
Sewer: Yes
Trash Collection: Yes
Water: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 2 Amenities

Balcony: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

Window: Yes