$450,000
4001 5th Avenue S Minneapolis, MN 55409
Active Contingent MLS# 7033843
5 beds 2 baths 1,988 sq ft Multi-family
Details for 4001 5th Avenue S
MLS# 7033843
Description for 4001 5th Avenue S, Minneapolis, MN, 55409
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.
Listing Information
Property Type: Multi-family, Duplex Side by Side
Status: Active Contingent-Other
Bedrooms: 5
Bathrooms: 2
Lot Size: 0.11 Acres
Square Feet: 1,988 sq ft
Year Built: 1959
Foundation: 1,988 sq ft
Stories: 1 Story
Subdivision: Portland Park Add
Number Of Units Total: 2
County: Hennepin
Days On Market: 44
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 1,988 sq ft
Basement: Full, Single Tenant Access, Daylight/Lookout Windows, Concrete Block
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Parking Description: Uncovered/Open, Driveway - Concrete, Garage Sq Ft - 0.00
Exterior: Shakes, Stucco
Lot Dimensions: 41.10 X 122.10
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Tree Coverage - Light, Corner Lot, Public Transit (w/in 6 blks), Road Frontage - City, Curbs, Paved Streets, Sidewalks, Street Lights
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1800
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 1 Rooms Total: 6
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1700
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 4
Driving 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.
Financial Considerations
Tenant Pays: Electric,Fuel
Owner Pays: Insurance,Lawn,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Tax/Property ID: 1002824140030
Tax Amount: 6496.38
Tax Year: 2026
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.
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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 4001 5th Avenue S
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 4001 5th Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2026. 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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