$565,000
5030 Sheridan Avenue S Minneapolis, MN 55410
For Sale MLS# 6726774
4 beds4 baths2,832 sq ftMulti-family
Details for 5030 Sheridan Avenue S
MLS# 6726774
Description for 5030 Sheridan Avenue S, Minneapolis, MN, 55410
Welcome to 5030/32 Sheridan Ave S, Minneapolis, MN – a fantastic opportunity for both owner-occupants and savvy investors in one of South Minneapolis's most desirable neighborhoods. This meticulously maintained duplex offers the perfect blend of classic character and modern convenience, situated on a tree-lined street with excellent walkability to local shops, parks, lakes, and vibrant dining options. 1.5 blocks from Lake Harriet.You'll find bright, inviting living areas on two levels, 2 bedrooms & 2 bathrooms on each side. The kitchens have been updated with newer appliances, perfect for tenants or for making one unit your own home. You'll find AMPLE storage in each unit's lower level, as well as private laundry. The property boasts beautiful hardwood floors, walk in closets, full bathrooms & 2 bedrooms on the main floor, a large family room, and 3/4 bath on each of the lower levels. The exterior presents attractive curb appeal with beautiful brick & fresh paint, a two-car detached garage with openers, along with ample off-street parking, providing convenience for residents. Investment Highlights:This property offers exceptional income potential, allowing an owner-occupant to live in one unit and offset their mortgage with rental income from the other, or for an investor to capitalize on strong rental demand in a prime Minneapolis Fulton neighborhood location. The lower level could easily be built out to include another bedroom for increased rental income. With its desirable address and versatile layout, 5030/32 Sheridan Ave S is a smart addition to any portfolio. Insurance: $2916, Maintenance, lawn, snow, fall clean up: $2435. Water, garbage, sewer: $2270.Seller intends to perform a 1031 tax-deferred exchange.
Listing Information
Property Type: Multi-family, Duplex Side by Side
Status: Active
Bedrooms: 4
Bathrooms: 4
Lot Size: 0.16 Acres
Square Feet: 2,832 sq ft
Year Built: 1960
Foundation: 1,888 sq ft
Garage: Yes
Stories: 1 Story
Subdivision: Reeve Park 3rd Div
Number Of Units Total: 2
County: Hennepin
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 1,888 sq ft
Square Footage below: 944 sq ft
Basement: Concrete Block, Finished (Livable), Daylight/Lookout Windows
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Open Parking: 4
Parking Description: Garage Sq Ft - 550.0
Exterior: Brick/Stone
Roof: Asphalt Shingles
Lot Dimensions: 53x128
Additional Exterior/Lot Features: Road Frontage - City
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2000
Unit 1 Baths Total: 2
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1850
Unit 2 Baths Total: 2
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 5
Driving Directions
50th to Sheridan, South to home
Financial Considerations
Tenant Pays: Cable T.V.,Electric,Fuel,Gas,Heat
Owner Pays: Insurance,Lawn,Maintenance/Repair,Sewer,Snow,Taxes,Trash,Water
Gross Income: 42060
Expense: 7621
Tax/Property ID: 1702824410088
Tax Amount: 10270
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Keller Williams Realty Integrity Lakes
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 5030 Sheridan Avenue S
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 5030 Sheridan Avenue S
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
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.
Coming soon properties will soon be on the market, but are not yet available for showings.