Great investment opportunity or ideal owner-occupied property. This well-maintained up/down duplex sits on a prime corner lot at 50th & Newton and is move-in ready. Rent as-is or add updates to build equity and maximize rental potential. Property priced according to condition and the area can support major upgrades/updates.
The corner location fills both units with abundant natural light and is walkable to parks, the beach, restaurants and shops. Each unit is in great condition and features hardwood floors, two bedrooms, one bath, wood-burning fireplaces, built-in buffets, 1 stall in the garage and charming original details throughout. Cute, clean, and easy to rent - a solid addition to any portfolio. Both units are vacant, easy to tour and a quick closing is preferred.
Closed
$545,000
5000 Newton Ave S, Minneapolis, MN 55419
4beds
2baths
2,552sqft
Duplex Up and Down
Built in 1924
-- sqft lot
$545,100 Zestimate®
$214/sqft
$2,748 Estimated rent
Home value
$545,100
Estimated sales range
Not available
$2,748/mo
Zestimate® history
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$3,424/mo
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Zillow last checked:
Listing updated:
Listed by:
Angela Richter 612-867-2200,
RE/MAX Results
Bought with:
Ashley Beauford
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7014940
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler, Hot Water
Appliances
- Laundry: In Basement, Common Area, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup
Features
- Basement: Block,Full,Shared Access,Storage/Locker,Storage Space,Unfinished
Interior area
- Total structure area: 2,552
- Total interior livable area: 2,552 sqft
- Finished area above ground: 2,552
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Concrete, Garage Door Opener, No Int Access to Dwelling, More Parking Onsite for Fee
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (18x20), Garage Door Height (7), Garage Door Width (8)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Front Porch, Patio
- Pool features: None
- Fencing: Full,Privacy
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 130
Details
- Foundation area: 1276
- Parcel number: 1602824320030
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Block
- Roof: Age Over 8 Years,Asphalt,Pitched
Condition
- New construction: No
- Year built: 1924
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Thornton Park 2nd Div
HOA
- Amenities included: Laundry, Patio
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $214/sqft
- Tax assessed value: $595,900
- Annual tax amount: $10,452
- Date on market: 2/5/2026
- Cumulative days on market: 208 days
- Tenant pays: Cable TV, Electricity, Gas
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $545,000-0.9%$214/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7014940 Report a problem | ||
| 3/13/2026 | Pending sale | $549,900$215/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7014940 Report a problem | ||
| 2/26/2026 | Price change | $549,900-1.8%$215/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7014940 Report a problem | ||
| 2/17/2026 | Listed for sale | $559,900$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7014940 Report a problem | ||
| 12/19/2025 | Listing removed | $559,900$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 11/17/2025 | Price change | $559,900-1.8%$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 9/10/2025 | Price change | $569,900-1.7%$223/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 8/18/2025 | Price change | $579,900-1.7%$227/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 7/23/2025 | Price change | $589,900-1.7%$231/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 6/18/2025 | Listed for sale | $599,900+19%$235/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6737483 Report a problem | ||
| 12/12/2017 | Sold | $504,000-1.4%$197/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4836214 Report a problem | ||
| 6/27/2017 | Price change | $511,000-4.8%$200/sqft |
Source: Coldwell Banker Burnet - Minneapolis Parkway #4836214 Report a problem | ||
| 5/31/2017 | Listed for sale | $537,000+31.6%$210/sqft |
Source: Coldwell Banker Burnet - Minneapolis Parkway #4836214 Report a problem | ||
| 5/17/2014 | Listing removed | $1,580$1/sqft |
Source: Postlets Report a problem | ||
| 4/26/2014 | Price change | $1,580-2.5%$1/sqft |
Source: Postlets Report a problem | ||
| 3/4/2014 | Listed for rent | $1,620$1/sqft |
Source: Owner Report a problem | ||
| 12/7/2006 | Sold | $408,000+1.6%$160/sqft |
Source: Public Record Report a problem | ||
| 9/26/2006 | Sold | $401,600+86.8%$157/sqft |
Source: Agent Provided Report a problem | ||
| 12/18/1998 | Sold | $215,000$84/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,452 +8.2% | $595,900 +3.6% |
| 2024 | $9,658 +14.2% | $575,000 -5% |
| 2023 | $8,458 -4.6% | $605,000 +15% |
| 2022 | $8,866 +3.9% | $526,000 +0.8% |
| 2021 | $8,530 -7.5% | $522,000 +0.1% |
| 2020 | $9,224 +8.1% | $521,500 |
| 2019 | $8,530 -7.5% | $521,500 |
| 2018 | $9,224 +7.7% | $521,500 +23.3% |
| 2017 | $8,566 +7.7% | $423,000 +5% |
| 2016 | $7,956 +1.8% | $403,000 +4.8% |
| 2015 | $7,813 0% | $384,500 +13.6% |
| 2014 | $7,813 +27.3% | $338,500 |
| 2013 | $6,139 +2.5% | $338,500 |
| 2012 | $5,989 -5.1% | $338,500 -8.5% |
| 2011 | $6,311 +4.2% | $370,000 -8.3% |
| 2010 | $6,057 +1.4% | $403,500 |
| 2009 | $5,972 +1.8% | $403,500 +7.7% |
| 2006 | $5,866 +13.6% | $374,500 +15% |
| 2005 | $5,163 +8.4% | $325,700 +15.2% |
| 2004 | $4,763 +9.7% | $282,700 +13.4% |
| 2002 | $4,342 -55.5% | $249,200 |
| 2001 | $9,760 | -- |
Find assessor info on the county website
Neighborhood: Lynnhurst
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Nearby schools
GreatSchools rating
- 10/10Burroughs Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Justice Page Middle SchoolGrades: 6-8Distance: 1.4 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$545,100
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Estimated market value
$545,100
- Minnesota
- Hennepin County
- Minneapolis
- 55419
- Lynnhurst
- 5000 Newton Ave S
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