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$365,000

5417 42nd Ave S, Minneapolis, MN 55417

2beds

2baths

1,288sqft

Multi Family

Built in 1953

-- sqft lot

$359,100 Zestimate^®

$283/sqft

$1,992 Estimated rent

Home value

$359,100

$341,000 - $377,000

$1,992/mo

Zestimate^® history

Owner options

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$1,992/mo

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$1,992/mo

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$2,308/mo

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$2,308/mo

Est. payment

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What's special

Modern livingSpacious open floorplanPersonal laundryUpdated tiled bathroom

Welcome to this studding, updated side by side duplex located in the highly sought-after South Minneapolis neighborhood, just minutes away from the airport. This property boasts a spacious open floorplan that is perfect for modern living and entertaining. Each unit features its own private entrance, ensuring privacy and convenience for all tenants. The main level showcases a bright and airy living room, seamlessly flowing into the dining area and kitchen. The updated tiled bathroom and kitchen with stainless steel appliances. Each unit provides an oversized lockable basement space with personal laundry and a large amount of storage. An added bonus is the potential convert to a tri-plex if approved by the city. It also offers a 1-car garage. Rents are currently under market, great renters, great location.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2

Heating

Gravity

Appliances

Laundry: In Basement, Gas Dryer Hookup, Lower Level, Laundry Room

Features

Basement: Daylight,Egress Window(s)

Interior area

Total structure area: 1,288
Total interior livable area: 1,288 sqft
Finished area above ground: 1,288
Finished area below ground: 0

Property

Parking

Total spaces: 1
Parking features: Detached Garage
Garage spaces: 1
Details: Garage Dimensions (12x22), Garage Door Height (8), Garage Door Width (9)

Accessibility

Accessibility features: None

Features

Levels: One
Pool features: None
Fencing: Wood

Lot

Size: 5,227 Square Feet
Dimensions: 40 x 128

Details

Foundation area: 1288
Parcel number: 1902823110113
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Block
Roof: Age Over 8 Years,Asphalt

Condition

New construction: No
Year built: 1953

Utilities & green energy

Electric: Circuit Breakers
Gas: Electric
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Morris Park Add

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $283/sqft
Tax assessed value: $304,700
Annual tax amount: $4,654
Date on market: 7/31/2023
Cumulative days on market: 15 days
Tenant pays: Cable TV, Electricity

Price history

Date	Event	Price
9/12/2023	Sold	$365,000+1.4%$283/sqft
Source: NorthstarMLS as distributed by MLS GRID #6410215 Report a problem
8/15/2023	Pending sale	$359,900$279/sqft
Source: NorthstarMLS as distributed by MLS GRID #6410215 Report a problem
7/31/2023	Listed for sale	$359,900+108.6%$279/sqft
Source: NorthstarMLS as distributed by MLS GRID #6410215 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
4/30/2018	Listing removed	$1,100$1/sqft
Source: Owner Report a problem
4/20/2018	Listed for rent	$1,100$1/sqft
Source: Owner Report a problem
7/15/2015	Sold	$172,500-4.1%$134/sqft
Source: NorthstarMLS as distributed by MLS GRID #4604540 Report a problem
6/5/2015	Pending sale	$179,900$140/sqft
Source: Coldwell Banker Burnet - Minneapolis Lakes #4604540 Report a problem
5/29/2015	Listed for sale	$179,900$140/sqft
Source: Coldwell Banker Burnet - Minneapolis Lakes #4604540 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,137 +8.8%	$304,700 +2.6%
2024	$3,803 -14.6%	$297,000 -1.3%
2023	$4,454 +6.2%	$301,000 +8.7%
2022	$4,196 +6.7%	$277,000 +12.1%
2021	$3,933 +9%	$247,000 +2.7%
2020	$3,608 -8.3%	$240,500 +17.9%
2019	$3,933 +9%	$204,000 +10%
2018	$3,608 +17.8%	$185,500 +27.9%
2017	$3,064 +12.7%	$145,000 +3.2%
2016	$2,718 +0.2%	$140,500 +15.2%
2015	$2,713 +9.9%	$122,000
2014	$2,469 -75.7%	$122,000 -5.1%
2013	$10,145 +271%	$128,500
2012	$2,735 -5.5%	$128,500 -9.8%
2011	$2,893 +3.2%	$142,500 -9.8%
2010	$2,804 -9.4%	$158,000 -8.5%
2009	$3,095 +21.2%	$172,700 +16.9%
2006	$2,553 +1.4%	$147,700 +16.3%
2005	$2,519 +20.4%	$127,000 +18.6%
2004	$2,092 +11%	$107,100 +13.2%
2002	$1,885 -52.7%	$94,600
2001	$3,981	--