What would it be like to never have to repaint or side your duplex because it's brick? Well-maintained duplex on a quiet street that's walking distance to a park, dining, and public transportation. Each unit features a built-in bookcase adjacent to the fireplace, creating a cozy charm. The original garage has been replaced with a bigger version, providing plenty of storage for outdoor gear. Long-term owners like their long-term tenants and the rental income reflects that.
Closed
$430,000
5541 Oliver Ave S, Minneapolis, MN 55419
4beds
2,068sqft
Multi Family
Built in 1949
-- sqft lot
$504,200 Zestimate®
$208/sqft
$2,519 Estimated rent
Home value
$504,200
$474,000 - $539,000
$2,519/mo
Zestimate® history
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List your homeWhat's special
Quiet street
Zillow last checked:
Listing updated:
Listed by:
Kari M Lundin 612-290-5998,
Keller Williams Realty Integrity
Bought with:
Katey Bean & Company
Keller Williams Realty Integrity Lakes
Henry Poling
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6398439
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Appliances
- Laundry: In Basement, Sink
Features
- Basement: Block
Interior area
- Total structure area: 2,068
- Total interior livable area: 2,068 sqft
- Finished area above ground: 1,704
- Finished area below ground: 364
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Patio & porch: Patio
Lot
- Size: 7,840 Square Feet
- Dimensions: 127 x 60 x 127 x 60
- Features: Tree Coverage - Medium
Details
- Foundation area: 1704
- Parcel number: 2102824220160
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Brick
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1949
Utilities & green energy
- Electric: Circuit Breakers
- 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: $208/sqft
- Tax assessed value: $435,800
- Annual tax amount: $7,798
- Date on market: 7/20/2023
- Cumulative days on market: 45 days
- Tenant pays: Electricity, Fuel
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2023 | Sold | $430,000-6.5%$208/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
| 9/6/2023 | Pending sale | $460,000$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
| 8/16/2023 | Listed for sale | $460,000$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
| 8/15/2023 | Pending sale | $460,000$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
| 7/31/2023 | Price change | $460,000-3.2%$222/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
| 7/21/2023 | Listed for sale | $475,000$230/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6398439 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,055 -5.2% | $435,800 -9% |
| 2024 | $7,439 -8.9% | $479,000 -14.2% |
| 2023 | $8,169 +8.1% | $558,000 +15.1% |
| 2022 | $7,554 +13% | $485,000 +14.9% |
| 2021 | $6,683 -3.8% | $422,000 +9.9% |
| 2020 | $6,945 +3.9% | $384,000 +4.1% |
| 2019 | $6,683 -3.8% | $369,000 +10% |
| 2018 | $6,945 +26.4% | $335,500 +12% |
| 2017 | $5,493 -2.1% | $299,500 +6.2% |
| 2016 | $5,612 +3.1% | $282,000 +3.7% |
| 2015 | $5,445 -1.1% | $272,000 +15% |
| 2014 | $5,505 +11.8% | $236,500 +5.1% |
| 2013 | $4,926 +2.8% | $225,000 |
| 2012 | $4,790 +1.2% | $225,000 -3.4% |
| 2011 | $4,732 +5% | $233,000 -8.3% |
| 2010 | $4,508 -9.5% | $254,000 -8.6% |
| 2009 | $4,982 +0.7% | $278,000 -2.8% |
| 2006 | $4,945 +9% | $286,000 +15% |
| 2005 | $4,535 +7.3% | $248,700 +15% |
| 2004 | $4,226 +9.2% | $216,300 +13.1% |
| 2002 | $3,869 -51.9% | $191,300 |
| 2001 | $8,051 | -- |
Find assessor info on the county website
Neighborhood: Armatage
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Nearby schools
GreatSchools rating
- 9/10Armatage Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 7/10Anthony Middle SchoolGrades: 6-8Distance: 0.5 mi
- NASouthwest High School - SWSGrades: 9-12Distance: 1.4 mi
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Estimated market value
$504,200
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Estimated market value
$504,200
- Minnesota
- Hennepin County
- Minneapolis
- 55419
- Armatage
- 5541 Oliver Ave S
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