Office Admin

1123 5th Street Ne, Minneapolis, MN 55413

$475,000
  • 1123 5th Street Ne, Minneapolis, MN 55413 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,160 MLS#7073225
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLMinneapolis

Property Description

Well-maintained classic brick duplex in the heart of NE Minneapolis ? one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you.Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split ? separate furnaces and water heaters for each unit ? keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best ? local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market.Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!

1123 5th Street Ne | MLS# 7073225

This multi-family property located at 1123 5th Street Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $475,000. 5th Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on leblancrealtyteam.leblancrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Asphalt
Taxes: $8,124
Year Built: 1905

Feature Descriptions

Days on Site: 3
Exterior: Concrete
Foundation Size: 1037
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 40x138
Owners Expense: Exterior Maintenance, Fuel, Gas, Heat, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
Parcel#: 1402924240189
Parking: Detached Garage
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 320-500-4397

Shown By

Agent Name: Office Admin
Agent Phone: (218) 281-7451
Agency Title: LeBlanc Realty

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Estimated Payment

$ 1,872.69 per month $1,057.14 Principal & Interest $677.00 Property Tax $138.54 Homeowner's Insurance

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