A standout opportunity in sought-after Southwest Minneapolis, this duplex offers both flexibility and strong investment appeal. Ideally located just minutes from Lake Harriet, Bde Maka Ska, scenic trails, and neighborhood parks, the property combines location with livability. Inside, you’ll find hardwood floors, sun-filled living spaces, a bright kitchen with adjoining dining area, and a cozy sunroom in each unit. Both units include 1 bedroom and 1 bath, along with access to shared basement laundry and ample storage. Separate garages and driveways provide added convenience, making this an excellent option for owner-occupants or investors looking to rent out one or both units short- or long-term.
Active
$485,000
5001 Thomas Ave S, Minneapolis, MN 55410
2beds
2baths
1,730sqft
Duplex Side by Side
Built in 1941
-- sqft lot
$476,900 Zestimate®
$280/sqft
$-- HOA
What's special
Hardwood floorsSeparate garages and drivewaysSun-filled living spacesAmple storageShared basement laundry
- 98 days |
- 504 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Jason Walgrave 612-419-9425,
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7052362
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: Common Area, Lower Level, Laundry Room
Features
- Basement: Full,Partially Finished,Shared Access,Storage Space
Interior area
- Total structure area: 3,064
- Total interior livable area: 1,730 sqft
- Finished area above ground: 1,548
- Finished area below ground: 182
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage Door Opener, Tuckunder Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Rear Porch
Lot
- Size: 4,791 Square Feet
- Dimensions: 39 x 127
- Features: Tree Coverage - Light
Details
- Foundation area: 1548
- Parcel number: 1702824410108
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Materials
- Roof: Architectural Shingle,Asphalt
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Reeve Park 3rd Div
HOA
- Amenities included: Laundry
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $472,700
- Annual tax amount: $7,961
- Date on market: 4/11/2026
- Cumulative days on market: 263 days
- Tenant pays: All Utilities, Cable TV
Estimated market value
$476,900
$453,000 - $501,000
$2,633/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/11/2026 | Listed for sale | $485,000+1.1%$280/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7052362 Report a problem | ||
| 12/2/2025 | Listing removed | $479,900$277/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 10/31/2025 | Price change | $479,900-2%$277/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 8/25/2025 | Listed for sale | $489,900$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 7/7/2025 | Listing removed | $489,900$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 5/8/2025 | Listed for sale | $489,900-2%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 4/30/2025 | Listing removed | $499,900$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 2/10/2025 | Listed for sale | $499,900$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657747 Report a problem | ||
| 8/20/2024 | Listing removed | $499,900$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557033 Report a problem | ||
| 7/16/2024 | Price change | $499,900-2.9%$289/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557033 Report a problem | ||
| 6/24/2024 | Listed for sale | $515,000+8.5%$298/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6557033 Report a problem | ||
| 1/23/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/9/2024 | Price change | $1,449-9.4%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Price change | $1,599-4.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/13/2023 | Price change | $1,675-4.2%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2023 | Price change | $1,749-2.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/23/2023 | Price change | $1,799-2.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Price change | $1,849-2.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/1/2023 | Listed for rent | $1,899$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 9/29/2023 | Sold | $474,500-0.1%$274/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 8/29/2023 | Pending sale | $474,900$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 8/7/2023 | Price change | $474,900-3.1%$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 7/31/2023 | Listed for sale | $489,900$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 6/27/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 6/16/2023 | Listed for sale | $489,900+22.5%$283/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6377212 Report a problem | ||
| 10/23/2020 | Sold | $400,000+40.4%$231/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5668890 Report a problem | ||
| 3/1/2013 | Sold | $285,000+7.5%$165/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1997295 Report a problem | ||
| 7/7/2011 | Sold | $265,225+65.8%$153/sqft |
Source: Public Record Report a problem | ||
| 10/6/1999 | Sold | $160,000$92/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,961 +17.3% | $472,700 +7.9% |
| 2024 | $6,785 +2.2% | $438,000 +3.1% |
| 2023 | $6,641 +0.3% | $425,000 +2.9% |
| 2022 | $6,624 +3.8% | $413,000 +5.9% |
| 2021 | $6,379 -1% | $390,000 |
| 2020 | $6,446 +1.1% | $390,000 +7% |
| 2019 | $6,379 -1% | $364,500 +8% |
| 2018 | $6,446 +16.6% | $337,500 +23.2% |
| 2017 | $5,530 +7.7% | $274,000 +5% |
| 2016 | $5,134 +1.9% | $261,000 |
| 2015 | $5,041 +21.4% | $261,000 +11.8% |
| 2014 | $4,151 -17.4% | $233,500 +2.4% |
| 2013 | $5,026 +33.4% | $228,000 |
| 2012 | $3,767 -6.4% | $228,000 -8.1% |
| 2011 | $4,024 +3% | $248,000 -9.5% |
| 2010 | $3,905 +1.9% | $274,000 +1.9% |
| 2009 | $3,833 +36.9% | $269,000 +27.4% |
| 2006 | $2,800 +11.1% | $211,200 +15% |
| 2005 | $2,522 +11.7% | $183,700 +17.3% |
| 2004 | $2,257 +14.9% | $156,600 +14.1% |
| 2002 | $1,964 -54.5% | $137,200 |
| 2001 | $4,313 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fulton
Nearby schools
GreatSchools rating
- NALake Harriet Upper SchoolGrades: 4-8Distance: 0.2 mi
- NASouthwest High School - SWSGrades: 9-12Distance: 0.6 mi
- 7/10Anthony Middle SchoolGrades: 6-8Distance: 1.2 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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