3328 5th Ave S Minneapolis, MN 55408
Central NeighborhoodEstimated payment $1,817/month
Total Views
118
5
Beds
3
Baths
1,988
Sq Ft
$138
Price per Sq Ft
About This Home
Rare Up/Down Duplex Near It All – Ideal for Investors or Owner-Occupants! Don’t miss this exceptional opportunity to own a rarely available 2.5-story up/down duplex in a prime location close to everything! The upper-level unit is currently leased through April 30, 2024, providing immediate rental income. The spacious main-level unit, intentionally left vacant, is perfect for an owner-occupant ready to add their personal touch with a little TLC. This bright and airy 2-bedroom unit offers abundant natural light and functional living space.Upstairs, the unique 2-level upper unit features 3 bedrooms, 2 bathrooms, a living room, a kitchen, and a cozy den—beautifully updated for modern living. Whether you're looking to live in one unit and rent the other, or add to your investment portfolio, this property offers flexibility and strong potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,290
Year Built
- Built in 1906
Lot Details
- Lot Dimensions are 40x130
Home Design
- Duplex
Interior Spaces
- 1,988 Sq Ft Home
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Hot Water Heating System
- Boiler Heating System
Community Details
- 2 Units
Listing and Financial Details
- The owner pays for insurance, repairs, taxes
- Assessor Parcel Number 0302824140191
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $3,816 | $239,000 | $50,000 | $189,000 |
| 2022 | $3,805 | $239,000 | $50,000 | $189,000 |
| 2021 | $3,321 | $224,000 | $35,000 | $189,000 |
| 2020 | $3,848 | $203,000 | $34,500 | $168,500 |
| 2019 | $3,616 | $203,000 | $23,000 | $180,000 |
| 2018 | $3,218 | $184,500 | $23,000 | $161,500 |
| 2017 | $3,094 | $150,000 | $20,900 | $129,100 |
| 2016 | $3,434 | $158,000 | $20,900 | $137,100 |
| 2015 | $3,433 | $165,000 | $20,900 | $144,100 |
| 2014 | -- | $147,000 | $20,900 | $126,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | For Sale | $275,000 | -- | $138 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Land Title Inc | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $85,865 | Commercial | |
| Previous Owner | $119,300 | Unknown |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6729191
APN: 03-028-24-14-0191
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