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  • $629,000

    5016 Sheridan Ave S, Minneapolis, MN 55410

    6beds
    3,402sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $785,900 Zestimate®
    $185/sqft
    $2,942 Estimated rent

    Home value

    $785,900

    $723,000 - $857,000

    $2,942/mo

    Zestimate® history
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    What's special

    Private entranceGreen spaceDetached two-car garageAdditional parking
    Welcome to a great opportunity! This duplex (side by side) is on a double lot in the desired Fulton neighborhood and blocks away from Lake Harriet. Each unit has similar space with over 1500 finished square feet. The units offer 2 bedrooms, one bath on the main level and the lower level has an ensuite with a three-quarter bath, kitchenette, private entrance, single-car tuck-under garage and plenty of storage. The backyard offers additional parking, green space and a detached two-car garage with an attached sunroom that can be enjoyed most of the year. This duplex double lot has potential to grow; whether it's owner-occupied or used as an investment property. This is one you have to see in person to appreciate the potential, schedule a showing today. Thank you!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicko R Spehn 952-283-9478,

    Coldwell Banker Realty

    Bought with:

    Marisa Rebecca Lee

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6369532MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Finished,Partially Finished,Walk-Out Access
    Interior area
    • Total structure area: 3,402
    • Total interior livable area: 3,402 sqft
    • Finished area above ground: 2,268
    • Finished area below ground: 1,134

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached Garage, Gravel, Multiple Garages, Tuckunder Garage
    • Attached garage spaces: 4
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 80 x 128
    Details
    • Foundation area: 2268
    • Parcel number: 1702824410086
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Electric: Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Reeve Park 3rd Div
    HOA
    • Amenities included: Patio
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $800,400
    • Annual tax amount: $9,885
    • Date on market: 7/7/2023
    • Cumulative days on market: 31 days
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    8/25/2023Sold$629,000-3.2%$185/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6369532 Report a problem
    8/8/2023Pending sale$650,000$191/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6369532 Report a problem
    7/8/2023Listed for sale$650,000+0%$191/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6369532 Report a problem
    7/21/2020Listing removed$649,900$191/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5474983 Report a problem
    7/13/2020Listing removed$1,650
    Source: Real-Time Leasing Report a problem
    6/8/2020Listed for sale$649,900$191/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5474983 Report a problem
    3/18/2020Listed for rent$1,650+3.4%
    Source: Real-Time Leasing Report a problem
    3/18/2020Listing removed$649,900$191/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5474983 Report a problem
    2/7/2020Listed for sale$649,900$191/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5474983 Report a problem
    3/15/2016Listing removed$1,595
    Source: Zillow Rental Network Report a problem
    1/31/2016Listed for rent$1,595
    Source: Real-Time Leasing Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,633 +17.2%$800,400 +15.2%
    2024$10,776 +9.2%$695,000 +3%
    2023$9,873 -0.1%$675,000 +9.9%
    2022$9,885 +14.2%$614,000 +5.5%
    2021$8,653 -7.5%$582,000 +10%
    2020$9,357 +8.1%$529,000
    2019$8,653 -7.5%$529,000 +8%
    2018$9,357 +11.2%$490,000 +23.3%
    2017$8,413 +7.2%$397,500 +5%
    2016$7,851 +23%$378,500 +11.2%
    2015$6,385 +6.3%$340,500 +12.2%
    2014$6,009 +1.8%$303,500 -2.6%
    2013$5,905 -3%$311,500 -5%
    2012$6,090 -3.8%$328,000 -7.2%
    2011$6,328 +2%$353,500 -9.9%
    2010$6,203 +7.6%$392,500
    2009$5,763 +8.9%$392,500 +4.1%
    2006$5,294 +10.4%$377,200 +15%
    2005$4,795 +8.9%$328,000 +15.3%
    2004$4,403 +11.5%$284,400 +12.1%
    2002$3,948 -57.2%$253,700
    2001$9,216 --
    Find assessor info on the county website

    Neighborhood: Fulton

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $785,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $785,900