$800,000
2229 5th Street NE Minneapolis, MN 55418
For Sale MLS# 6815497
12 beds 4 baths 4,388 sq ft Multi-family
Details for 2229 5th Street NE
MLS# 6815497
Description for 2229 5th Street NE, Minneapolis, MN, 55418
Fantastic investment opportunity in the heart of Northeast Minneapolis! This well-maintained 4-plex offers timeless character, strong rental potential, and an unbeatable location near restaurants, breweries, shops, and parks. Each unit features comfortable living spaces with classic architectural details, large windows, and great natural light. The property has been thoughtfully cared for, with updates that enhance both functionality and appeal while preserving its original charm. Shared laundry, off-street parking, and separate utilities make management easy and efficient. Whether you’re looking to add to your investment portfolio or live in one unit while renting the others, this property offers flexibility and long-term potential in one of Minneapolis’s most sought-after neighborhoods. Don’t miss this chance to own a solid, income-producing property in vibrant Northeast!
Listing Information
Property Type: Multi-family, Four Plex
Status: Active
Bedrooms: 12
Bathrooms: 4
Lot Size: 0.16 Acres
Square Feet: 4,388 sq ft
Year Built: 1915
Foundation: 2,400 sq ft
Stories: 2 Stories
Subdivision: Lennon & Newells Add To St Anthony
Number Of Units Total: 4
County: Hennepin
Days On Market: 24
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 4,388 sq ft
Basement: Full, Unfinished
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Natural Gas, Other
Exterior / Lot Features
Parking Description: Uncovered/Open, Driveway - Asphalt
Exterior: Stucco
Roof: Rubber, Flat
Lot Dimensions: 56x124
Zoning: Residential-Multi-Family
Topography: Level
Additional Exterior/Lot Features: Corner Lot, Public Transit (w/in 6 blks), Road Frontage - City
Community Features
Association Amenities: Common Laundry Facility
Driving Directions
University to 23rd - East to 5th St - Building on Southeast corner.
Financial Considerations
Other Annual Tax: $5,953
Owner Pays: All Utilities,Lawn,Snow,Water
Gross Income: 85200
Expense: 20200
Tax/Property ID: 1102924310118
Tax Amount: 11034
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 2229 5th Street NE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2229 5th Street NE
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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