4001 5th Avenue S, Minneapolis, MN 55409 (MLS# 7033843)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1959
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1988
Above Ground SqFt: 1988
Total SqFt: 1988
Foundation Size: 1988
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1988.00
Lot Dimensions: 41.10 X 122.10
Acres: 0.11
Assessment Pending: No
Below Grd Total SqFt: 0
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: None Assumable Loan: Not Assumable Basement: Concrete Block; Full; Single Tenant Access Construction Status: Previously Owned Exterior: Shakes; Stucco Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Combo Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Insurance; Lawn; Maintenance/Repair; Sewer; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Uncovered/Open Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; FHA; VA; Other Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Fuel Unit 1 Amenities: Hardwood Floors; Kitchen Window Unit 2 Amenities: Hardwood Floors; Kitchen Window Water: City Water/Connected

Contract Information

Contingency: Other
Original List Price: 450000
ListPrice: 450000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4001
Street Name: 5th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Portland Park Add

Assessments

Tax With Assessments: 6496.38
Assessment Balance: 0

Basement

Foundation Dimensions: 36x56
Concrete Block: Yes
Full: Yes
Single Tenant Access: Yes

More Information

Building Information

Finished SqFt Above Ground: 1988

Income and Expenses

Annual Insurance Expense: 2400
Annual Water/Sewer Expense: 1800
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Misc Monthly Income: 0
Misc. Annual Income: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 10
Township#: 28

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 21600
Finished SqFt: 1800
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 6

Unit 2

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 20400
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 1700
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 4

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 028 BLOCK 001 PORTLAND PARK ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 5129
Property ID Number: 1002824140030
Tax Year: 2026
Tax Amount: 6496.38
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: Use your GPS device, or phone to navigate to location. Otherwise, take interstate 35W to 35th/36th Street. Go East to Portland. South to 40th. West to home.

Accessible

None: Yes

Amenities Shared

None: Yes

Assumable Loan

Not Assumable: Yes

Construction Status

Previously Owned: Yes

Exterior

Shakes: Yes
Stucco: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Lock Box Type

Combo: Yes

Lot Description

Corner Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Owner Pays

Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Uncovered/Open: Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Tenant Pays

Electricity: Yes
Fuel: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes

Unit 2 Amenities

Hardwood Floors: Yes
Kitchen Window: Yes