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  • $450,000

    1123 5th St NE, Minneapolis, MN 55413

    4beds
    2baths
    2,160sqft
    : 
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    Duplex Up and Down
    Built in 1905
    -- sqft lot
    $445,700 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Hardwood floorsLarge detached garageGenerous layoutsAdditional off-street parkingWell-maintained classic brick duplexShared laundry access
    Well-maintained classic brick duplex in the heart of NE Minneapolis — one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you. Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split — separate furnaces and water heaters for each unit — keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best — local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market. Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Herman S Antonov 612-840-6507,

    eXp Realty,

    Andrei Brinzila 651-347-3407

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7105432MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Forced Air
      Appliances
      • Laundry: In Basement
      Features
      • Basement: Unfinished
      Interior area
      • Total structure area: 3,143
      • Total interior livable area: 2,160 sqft
      • Finished area above ground: 2,160
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      • Details: Garage Dimensions (21x21)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Porch, Side Porch
      • Pool features: None
      Lot
      • Size: 5,662 Square Feet
      • Dimensions: 40 x 138
      • Features: Near Public Transit
      Details
      • Foundation area: 1037
      • Parcel number: 1402924240189
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Concrete
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1905

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      HOA
      • Amenities included: Porch
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $427,800
      • Annual tax amount: $8,124
      • Date on market: 7/7/2026
      • Cumulative days on market: 35 days
      • Tenant pays: Electricity

        Estimated market value

        $445,700

        $423,000 - $468,000

        $1,980/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$450,000$208/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7105432 Report a problem
        7/1/2026Listing removed$450,000$208/sqft
        Source: eXp Realty #7073225 Report a problem
        6/9/2026Price change$450,000-5.3%$208/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7073225 Report a problem
        5/28/2026Listed for sale$475,000$220/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7073225 Report a problem
        6/20/2025Listing removed$475,000$220/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6719350 Report a problem
        6/3/2025Price change$475,000-4%$220/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6719350 Report a problem
        5/16/2025Listed for sale$495,000+92.5%$229/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6719350 Report a problem
        8/18/2023Listing removed--
        Source: Zillow Rentals Report a problem
        8/14/2023Price change$1,500-3.2%$1/sqft
        Source: Zillow Rentals Report a problem
        8/3/2023Listed for rent$1,550+6.9%$1/sqft
        Source: Zillow Rentals Report a problem
        4/12/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        4/6/2022Listed for rent$1,450$1/sqft
        Source: Zillow Rental Manager Report a problem
        8/5/2015Sold$257,150-12.8%$119/sqft
        Source: NorthstarMLS as distributed by MLS GRID #4608146 Report a problem
        1/20/2009Listing removed$294,900$137/sqft
        Source: ERA #3574888 Report a problem
        7/23/2008Listed for sale$294,900+6.1%$137/sqft
        Source: ERA #3574888 Report a problem
        11/22/2005Sold$278,000+286.1%$129/sqft
        Source: Public Record Report a problem
        10/9/1998Sold$72,000$33/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$8,007 +15.3%$427,800 -2.6%
        2024$6,942 -3.1%$439,000 +1.2%
        2023$7,165 +36.6%$434,000 -2.5%
        2022$5,244 +14.2%$445,000 +16.8%
        2021$4,592 -3.6%$381,000 +9.3%
        2020$4,765 +3.8%$348,500 +4%
        2019$4,592 -3.6%$335,000 +12%
        2018$4,765 +22.9%$299,000 +19.4%
        2017$3,876 +5.9%$250,500 +9.6%
        2016$3,660 +7.5%$228,500 +15.1%
        2015$3,405 -15.5%$198,500 +10%
        2014$4,027 +6.6%$180,500 +4.9%
        2013$3,777 -1.8%$172,000 -4.4%
        2012$3,847 +8.1%$180,000 -7.7%
        2011$3,558 +32.3%$195,000
        2010$2,689 -23.1%$195,000 -20.1%
        2009$3,494 +36.9%$244,000 +26.4%
        2006$2,552 +16.4%$193,100 +19.6%
        2005$2,192 +22.7%$161,400 +27%
        2004$1,786 +26.6%$127,100 +22.4%
        2002$1,411 -49.1%$103,800
        2001$2,772 --

        Find assessor info on the county website

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Sheridan

        Getting around

        78 / 100
        Very Walkable
        51 / 100
        Good Transit
        92 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating

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