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  • $500,000

    5525 Oliver Ave S, Minneapolis, MN 55419

    5beds
    2baths
    2,356sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $541,900 Zestimate®
    $212/sqft
    $2,511 Estimated rent

    Home value

    $541,900

    $515,000 - $569,000

    $2,511/mo

    Zestimate® history
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    What's special

    This stunning duplex offers a unique blend of modern living and timeless charm. One side has been owner occupied featuring 2 beds & has the potential for a third bedroom. Step inside to discover fresh decor throughout, enhancing the bright and airy feel of the space. The open-concept layout on one side of the duplex provides a seamless flow between the living, dining, and kitchen areas, perfect for entertaining. Bonus screened porch offers a tranquil retreat, ideal for enjoying your morning coffee or evening relaxation. The 2nd side has 3 beds. Both units have untapped potential for more square footage, allowing you to customize the space to your liking. The exterior is just as impressive, with a fenced yard, perfect for outdoor activities and gatherings. Parking will never be an issue with the included garage and additional parking spaces. Located in a great area, this duplex offers the best of city living with easy access to amenities, dining, and entertainment options.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Chandler Group 612-599-7107,

    Compass

    Bought with:

    Leah Kluz

    Edina Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6605710MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    Heating
    • Forced Air
    Appliances
    • Laundry: In Basement, In Unit
    Features
    • Basement: Daylight,Full
    Interior area
    • Total structure area: 2,356
    • Total interior livable area: 2,356 sqft
    • Finished area above ground: 1,785
    • Finished area below ground: 571

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Asphalt, Shared Garage/Stall
    • Garage spaces: 2
    • Details: Garage Dimensions (20 x 20)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Patio & porch: Rear Porch
    • Fencing: Composite,Full,Privacy
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 60 x 127
    Details
    • Foundation area: 1785
    • Parcel number: 2102824220163
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $212/sqft
    • Tax assessed value: $483,200
    • Annual tax amount: $7,970
    • Date on market: 9/20/2024
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    10/7/2024Sold$500,000+3.1%$212/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6605710 Report a problem
    9/23/2024Pending sale$485,000$206/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6605710 Report a problem
    9/20/2024Listed for sale$485,000+37.8%$206/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6605710 Report a problem
    5/5/2020Listing removed$1,495$1/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5551566 Report a problem
    4/14/2020Listed for rent$1,495$1/sqft
    Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5551566 Report a problem
    7/14/2016Sold$352,000+0.9%$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4720175 Report a problem
    7/12/2016Pending sale$349,000$148/sqft
    Source: RE/MAX Results #4720175 Report a problem
    7/12/2016Listed for sale$349,000$148/sqft
    Source: RE/MAX Results #4720175 Report a problem
    6/9/2016Listing removed$349,000$148/sqft
    Source: RE/MAX Results #4720175 Report a problem
    5/25/2016Listed for sale$349,000$148/sqft
    Source: RE/MAX Results #4720175 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,957 -0.2%$483,200 -8.8%
    2024$7,969 +15.9%$530,000 -6.9%
    2023$6,874 +8.4%$569,000 +14.9%
    2022$6,345 +13.2%$495,000 +15.1%
    2021$5,607 -3.7%$430,000 +10.1%
    2020$5,821 +3.8%$390,500 +4%
    2019$5,607 -3.7%$375,500 +10%
    2018$5,821 +30.7%$341,500 +12%
    2017$4,453 -2.4%$305,000 +6.8%
    2016$4,564 +4.3%$285,500 +4.4%
    2015$4,377 +0%$273,500 +14.9%
    2014$4,375 +15.2%$238,000 +5.1%
    2013$3,798 +2.6%$226,500
    2012$3,701 -1.3%$226,500 -3.4%
    2011$3,749 +1%$234,500 -11.2%
    2010$3,711 -12%$264,000 -10.1%
    2009$4,216 +2.2%$293,500 -2%
    2006$4,125 +10.6%$299,400 +15%
    2005$3,730 +8.9%$260,400 +15.1%
    2004$3,427 +12.9%$226,300 +15.1%
    2002$3,035 -54%$196,600
    2001$6,592 --
    Find assessor info on the county website

    Neighborhood: Armatage

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $541,900
    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
    $541,900