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  • $865,000

    5005 Oliver Ave S, Minneapolis, MN 55419

    6beds
    2baths
    3,864sqft
    : 
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    Duplex Up and Down
    Built in 1923
    -- sqft lot
    $846,500 Zestimate®
    $224/sqft
    $-- HOA

    What's special

    Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you're looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis' most sought-after locations! Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom is currently configured as an office). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants. The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural light, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels. Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through September 30, 2026 (vacating then). Reach out with any questions, or to schedule a tour!
    12 days
    |
    1,193
    |
    77
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Begich 952-847-3406,

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7104031MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 2
      Heating
      • Boiler
      Appliances
      • Laundry: In Basement, Common Area
      Features
      • Basement: Block
      Interior area
      • Total structure area: 3,864
      • Total interior livable area: 3,864 sqft
      • Finished area above ground: 2,576
      • Finished area below ground: 1,288
      Video & virtual tour

      Property

      Parking
      • Total spaces: 3
      • Parking features: Detached Garage
      • Garage spaces: 3
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Patio & porch: Deck
      Lot
      • Size: 5,227 Square Feet
      • Dimensions: 40' x 129'
      Details
      • Foundation area: 1288
      • Parcel number: TBD
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex Up and Down
      Materials
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1923

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Thornton Park 2nd Div
      Location
      • Region: Minneapolis

      Financial & listing details

      • Price per square foot: $224/sqft
      • Tax assessed value: $666,400
      • Annual tax amount: $10,858
      • Date on market: 7/6/2026

        Estimated market value

        $846,500

        $804,000 - $889,000

        $2,830/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$865,000+30.1%$224/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7104031 Report a problem
        12/22/2021Sold$665,000$172/sqft
        Source: Public Record Report a problem
        10/5/2021Listed for sale$665,000+98.6%$172/sqft
        Source: Owner Report a problem
        2/23/2021Listing removed--
        Source: Owner Report a problem
        4/15/2020Listing removed$2,090$1/sqft
        Source: Owner Report a problem
        4/9/2020Price change$2,090-3.9%$1/sqft
        Source: Owner Report a problem
        4/5/2020Listed for rent$2,175$1/sqft
        Source: Owner Report a problem
        10/26/2011Sold$334,900$87/sqft
        Source: Lake Superior Area Realtors as distributed by MLS GRID #1696509 Report a problem
        7/19/2011Price change$334,900-10.7%$87/sqft
        Source: Fannie Mae #4069151 Report a problem
        7/15/2011Listed for sale--
        Source: foreclosure.com Report a problem
        3/2/2011Listing removed$375,000+11.9%$97/sqft
        Source: Edina Realty #3919321 Report a problem
        11/9/2010Sold$335,000-16%$87/sqft
        Source: Public Record Report a problem
        7/1/2010Price change$399,000-6.1%$103/sqft
        Source: Edina Realty #3919321 Report a problem
        6/18/2010Price change$424,900-5.6%$110/sqft
        Source: Edina Realty #3919321 Report a problem
        5/29/2010Price change$450,000-9.8%$116/sqft
        Source: Edina Realty #3919321 Report a problem
        5/1/2010Listed for sale$499,000-1.2%$129/sqft
        Source: Edina Realty #3919321 Report a problem
        3/16/2005Sold$505,000$131/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,284 +7.2%$666,400 +1.3%
        2024$9,595 +16.4%$658,000 -5.1%
        2023$8,242 +1.7%$693,000 +14.7%
        2022$8,101 +7.7%$604,000 +6.2%
        2021$7,521 -7.6%$569,000 +3.4%
        2020$8,144 +8.3%$550,500
        2019$7,521 -7.6%$550,500
        2018$8,144 +9.1%$550,500 +23.2%
        2017$7,467 +7.2%$447,000 +5.1%
        2016$6,965 +1.8%$425,500 +3.4%
        2015$6,845 -1.4%$411,500 +16.2%
        2014$6,941 +9.1%$354,000
        2013$6,363 -1.3%$354,000
        2012$6,444 -19.4%$354,000 -9%
        2011$8,000 +3%$389,000 -10%
        2010$7,770 -1%$432,000
        2009$7,848 +16.4%$432,000 +10.8%
        2006$6,743 +9%$390,000 +15%
        2005$6,184 +12.1%$339,200 +20.2%
        2004$5,515 +12.8%$282,300 +17.6%
        2002$4,891 -51.2%$240,100
        2001$10,023 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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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: Lynnhurst

        Getting around

        58 / 100
        Somewhat Walkable
        39 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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