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    • $625,000

    5048 Thomas Ave S, Minneapolis, MN 55410

    6beds
    2baths
    4,200sqft
    Duplex Up and Down
    Built in 1923
    -- sqft lot
    $630,700 Zestimate®
    $149/sqft
    $2,870 Estimated rent

    Home value

    $630,700

    $574,000 - $687,000

    $2,870/mo

    Zestimate® history
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    What's special

    Location, location!! Incredible opportunity to own this spectacular up/down duplex in the heart of Fulton and walkable to everything Southwest has to offer. Two, THREE BEDROOM units with large living spaces, fantastic closets and built-ins, large windows with fabulous natural light and wood-burning fireplaces. With a newer roof and brand new boilers, you and/or your tenants are offered complete peace of mind. Main and upper level have 8+ foot ceilings while the WALKOUT lower level has 10' ceilings! Two, individual tuck under garages with interior access, two storage units and plenty of room to customize additional lower level square footage - especially with its own private entrance! Common areas are charming and offer both units additional storage. The upper level includes a darling den with arched windows. Incredible opportunity - see it while you still can! Basement has 10' ceilings, main is 8.5

    Zillow last checked:

    Listing updated:

    Listed by:

    Brad M Fox 952-473-1716,

    Fox Realty

    Bought with:

    Ruthie Baker

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6679558MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    Heating
    • Hot Water
    Features
    • Basement: Full,Storage/Locker,Storage Space,Walk-Out Access
    Interior area
    • Total structure area: 4,200
    • Total interior livable area: 4,200 sqft
    • Finished area above ground: 2,800
    • Finished area below ground: 1,050

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete, Multiple Garages, Tuckunder Garage
    • Attached garage spaces: 2
    • Details: Garage Dimensions (19 x 19)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Front Porch
    • Pool features: None
    • Fencing: Partial,Privacy,Wood
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 128
    • Features: Tree Coverage - Light
    • Topography: Level,Walkout
    Details
    • Foundation area: 1400
    • Parcel number: 1702824420012
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1923

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: The First Div Of Reeve Park
    HOA
    • Amenities included: Porch
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $149/sqft
    • Tax assessed value: $604,000
    • Annual tax amount: $8,653
    • Date on market: 3/4/2025
    • Cumulative days on market: 32 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    4/17/2025Sold$625,000-3.8%$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6679558 Report a problem
    4/7/2025Pending sale$650,000$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6679558 Report a problem
    3/6/2025Listed for sale$650,000$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6679558 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,030 +15.9%$604,000 -6.2%
    2024$8,653 +11%$644,000 +1.6%
    2023$7,792 -3.2%$634,000 +10.1%
    2022$8,049 +5.4%$576,000 +1.8%
    2021$7,636 -7.6%$566,000 +1.5%
    2020$8,269 +8.3%$557,500
    2019$7,636 -7.6%$557,500 +8%
    2018$8,269 +16.2%$516,000 +23.3%
    2017$7,115 +7.1%$418,500 +5%
    2016$6,644 +1.9%$398,500
    2015$6,519 -4.6%$398,500 +14.7%
    2014$6,834 +7.4%$347,500 +2.5%
    2013$6,364 +5%$339,000
    2012$6,061 -8.7%$339,000 -10%
    2011$6,636 +4.5%$376,500 -10%
    2010$6,350 +3%$418,500
    2009$6,165 +14.1%$418,500 +8.9%
    2006$5,402 +10.4%$384,400 +15%
    2005$4,894 +8.6%$334,300 +15%
    2004$4,508 +11.3%$290,700 +12%
    2002$4,049 -57.2%$259,600
    2001$9,466 --
    Find assessor info on the county website

    Neighborhood: Fulton

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    Estimated market value
    $630,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $630,700

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