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  • $450,000

    4001 5th Ave S, Minneapolis, MN 55409

    5beds
    2baths
    1,988sqft
    Duplex Side by Side
    Built in 1959
    -- sqft lot
    $450,000 Zestimate®
    $226/sqft
    $2,122 Estimated rent

    Home value

    $450,000

    $419,000 - $482,000

    $2,122/mo

    Zestimate® history
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    Owner options

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    $2,122/mo

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    $2,122/mo

    Rent Zestimate®

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    $2,862/mo

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    $2,862/mo

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    What's special

    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 that is vacant and ready to be owner-occupied, and a 2-bedroom unit renting for $1,700/month and lease ends June 2027, 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kerby & Cristina Real Estate Experts 612-268-1637,

    RE/MAX Results,

    Katlyn Chonos 763-321-4005

    Bought with:

    Jonathan Soto

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7033843MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Features
    • Basement: Block,Daylight,Full,Single Tenant Access
    Interior area
    • Total structure area: 1,988
    • Total interior livable area: 1,988 sqft
    • Finished area above ground: 1,988
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Concrete, Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Pool features: None
    Lot
    • Size: 4,791 sqft
    • Dimensions: 41.10 x 122.10
    • Features: Near Public Transit, Corner Lot, Tree Coverage - Light
    Details
    • Foundation area: 1988
    • Parcel number: 1002824140030
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Side by Side
    Condition
    • New construction: No
    • Year built: 1959

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Portland Park Add

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/29/2026Sold$450,000$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7033843 Report a problem
    3/18/2026Listed for sale$450,000+20.7%$226/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7033843 Report a problem
    2/27/2023Sold$372,677+3.2%$187/sqft
    Source: Public Record Report a problem
    10/25/2022Sold$361,000-9.5%$182/sqft
    Source: Public Record Report a problem
    9/21/2022Price change$399,000-2.4%$201/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6250150 Report a problem
    8/24/2022Price change$409,000-4.7%$206/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6250150 Report a problem
    8/18/2022Listed for sale$429,000+33.8%$216/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6250150 Report a problem
    3/7/2022Sold$320,583+53.4%$161/sqft
    Source: Public Record Report a problem
    5/7/2021Sold$209,000+20.1%$105/sqft
    Source: Public Record Report a problem
    5/6/2020Sold$174,000-9.6%$88/sqft
    Source: Public Record Report a problem
    2/26/2020Sold$192,456+28.3%$97/sqft
    Source: Public Record Report a problem
    10/29/2018Sold$150,000$75/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,962 -9.9%$342,100 +16.4%
    2024$6,618 +12.4%$294,000 -4.2%
    2023$5,887 -53.8%$307,000 -4.7%
    2022$12,743 +144%$322,000 +14.2%
    2021$5,222 -57.3%$282,000 +7.2%
    2020$12,220 +134%$263,000 +2.9%
    2019$5,222 -57.3%$255,500 +8%
    2018$12,220 +155.4%$236,500 +25.5%
    2017$4,784 +7.7%$188,500 +3%
    2016$4,443 +16.4%$183,000 +15.1%
    2015$3,818 -0.6%$159,000 +14.8%
    2014$3,839 +9.7%$138,500 -5.1%
    2013$3,501 +6.4%$146,000 -5.2%
    2012$3,291 -47.1%$154,000 -5.5%
    2011$6,225 +80.9%$163,000 -14.9%
    2010$3,442 -8%$191,500 -2.5%
    2009$3,742 +23.4%$196,500 +19.6%
    2006$3,033 +10.5%$164,300 +15%
    2005$2,744 +11.6%$142,900 +15%
    2004$2,458 +6.2%$124,300 +12%
    2002$2,315 -50.2%$111,000
    2001$4,651 --

    Find assessor info on the county website

    Neighborhood: Bryant

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $450,000
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    Estimated market value
    $450,000