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  • $532,600

    5046 Hiawatha Ave, Minneapolis, MN 55417

    7beds
    2,996sqft
    Multi Family
    Built in 1954
    -- sqft lot
    $532,600 Zestimate®
    $178/sqft
    $2,211 Estimated rent

    Home value

    $532,600

    $506,000 - $559,000

    $2,211/mo

    Zestimate® history
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    $2,211/mo

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    $3,473/mo

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    What's special

    Nest thermostatClose to light-railSeparate gasNew paintSmart updates

    This powerhouse of a property can do it all. Perfectly situated near Airport, MOA, Minnehaha Falls, Lake Nokomis and features a killer garage rooftop overlooking Minnehaha Park for short term rentals. Near many hospitals (VA Hospital & Children's), close to light-rail & downtown Minneapolis & St. Paul and other major business traveler attractions for medium term rental. Amazing & spacious for long term renters. Phenomenal as a house hack for any owner-occupier. Mix & Match your strategies for the highest returns or to compliment your lifestyle. This newly updated duplex will be the perfect addition or start to your portfolio. Smart updates with Nest Thermostat & keyless entry for both units. New paint, carpet in both units. Roof & garage rooftop replaced 2018. Upper unit countertops to be replaced in coming weeks. Separate Gas & Electric Meters. You will regret missing out. See it today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    André Anderson 715-969-6018,

    Fuze Real Estate

    Bought with:

    Taylor Doolittle

    RE/MAX Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6366788MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 2
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Forced Air
    Features
    • Basement: Finished,Full,Walk-Out Access
    Interior area
    • Total structure area: 2,996
    • Total interior livable area: 2,996 sqft
    • Finished area above ground: 1,900
    • Finished area below ground: 1,096

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    Lot
    • Size: 4,791 Square Feet
    • Dimensions: 60 x 100
    Details
    • Foundation area: 1200
    • Parcel number: 1802823410042

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1954

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer - In Street
    • Water: City Water - In Street

    Community & HOA

    Community
    • Subdivision: Fosters 2nd Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $422,700
    • Annual tax amount: $5,057
    • Date on market: 5/17/2023
    • Cumulative days on market: 19 days

    Price history

    DateEventPrice
    6/30/2023Sold$502,900+0.8%$168/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6366788 Report a problem
    6/7/2023Pending sale$499,000$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6366788 Report a problem
    5/19/2023Listed for sale$499,000+40.4%$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6366788 Report a problem
    10/19/2018Sold$355,500-5.7%$119/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4967852 Report a problem
    6/30/2018Price change$377,000-3.1%$126/sqft
    Source: Good Move Realty #4967852 Report a problem
    6/18/2018Listed for sale$389,000+177.9%$130/sqft
    Source: Good Move Realty #4967852 Report a problem
    9/19/2011Sold$140,000$47/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1270740 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,124 +13%$422,700 +0.4%
    2024$5,419 +7.2%$421,000 +1.2%
    2023$5,057 -22.6%$416,000 +7.5%
    2022$6,535 +11%$387,000 +3.2%
    2021$5,888 +11%$375,000 +4.2%
    2020$5,306 -9.9%$360,000 +20%
    2019$5,888 +11%$300,000 +2.9%
    2018$5,306 +41%$291,500 +15.9%
    2017$3,764 +2.4%$251,500 +7.5%
    2016$3,676 +5.2%$234,000 -4.1%
    2015$3,494 -9.1%$244,000 +39.4%
    2014$3,845 +61.4%$175,000 +14.2%
    2013$2,382 -19.2%$153,300 -17.8%
    2012$2,947 -6.7%$186,500 -7.2%
    2011$3,160 -5.7%$201,000 -5%
    2010$3,352 +14.2%$211,500
    2009$2,934 +25.6%$211,500 +17.3%
    2006$2,336 +11.3%$180,300 +15%
    2005$2,098 +9.4%$156,800 +15%
    2004$1,917 +12.7%$136,400 +12%
    2002$1,702 -53.6%$121,800
    2001$3,664 --
    Find assessor info on the county website

    Neighborhood: Minnehaha

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $532,600
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    Estimated market value
    $532,600