5001 Thomas Ave S Minneapolis, MN 55410
Fulton NeighborhoodEstimated payment $3,229/month
Total Views
12,592
2
Beds
2
Baths
1,730
Sq Ft
$283
Price per Sq Ft
Highlights
- Rear Porch
- 2 Car Attached Garage
- Forced Air Heating System
- Lake Harriet Upper School Rated A-
- 1-Story Property
About This Home
Fantastic investment opportunity with this duplex in prime Southwest Minneapolis! Just minutes from Lake Harriet, Bde Maka Ska, trails, and parks, this property offers hardwood floors, a bright kitchen & dining area, and a sunroom. Each unit features 1 bed, 1 bath, plus shared basement laundry & storage. Separate garages and driveways add convenience. Ideal for renting both units short- or long-term or living in one while leasing the other!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,785
Year Built
- Built in 1941
Parking
- 2 Car Attached Garage
- Tuck Under Garage
- Garage Door Opener
Home Design
- Duplex
- Architectural Shingle Roof
Interior Spaces
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Shared Basement
- Basement Storage
Additional Features
- Rear Porch
- Lot Dimensions are 39x127
- Forced Air Heating System
Community Details
- 2 Units
- Reeve Park 3Rd Div Subdivision
Listing and Financial Details
- The owner pays for insurance, repairs, trash collection
- Assessor Parcel Number 1702824410108
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 | $6,785 | $425,000 | $244,000 | $181,000 |
| 2022 | $6,624 | $413,000 | $210,000 | $203,000 |
| 2021 | $6,379 | $390,000 | $146,000 | $244,000 |
| 2020 | $6,446 | $390,000 | $155,900 | $234,100 |
| 2019 | $6,129 | $364,500 | $142,400 | $222,100 |
| 2018 | $5,530 | $337,500 | $142,400 | $195,100 |
| 2017 | $5,134 | $274,000 | $129,500 | $144,500 |
| 2016 | $5,041 | $261,000 | $129,500 | $131,500 |
| 2015 | $4,151 | $261,000 | $129,500 | $131,500 |
| 2014 | -- | $233,500 | $119,100 | $114,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | For Sale | $489,900 | 0.0% | $283 / Sq Ft |
| 07/07/2025 07/07/25 | Off Market | $489,900 | -- | -- |
| 05/08/2025 05/08/25 | Price Changed | $489,900 | 0.0% | $283 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $489,900 | -2.0% | $283 / Sq Ft |
| 04/30/2025 04/30/25 | Off Market | $499,900 | -- | -- |
| 02/10/2025 02/10/25 | For Sale | $499,900 | +5.4% | $289 / Sq Ft |
| 09/29/2023 09/29/23 | Sold | $474,500 | -0.1% | $274 / Sq Ft |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | Price Changed | $474,900 | -3.1% | $275 / Sq Ft |
| 07/31/2023 07/31/23 | For Sale | $489,900 | +3.2% | $283 / Sq Ft |
| 06/26/2023 06/26/23 | Off Market | $474,500 | -- | -- |
| 06/16/2023 06/16/23 | For Sale | $489,900 | +71.9% | $283 / Sq Ft |
| 03/01/2013 03/01/13 | Sold | $285,000 | -1.4% | $165 / Sq Ft |
| 02/06/2013 02/06/13 | Pending | -- | -- | -- |
| 01/25/2013 01/25/13 | For Sale | $289,000 | -- | $167 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Trademark Title | |
| Deed | $474,500 | -- | |
| Warranty Deed | $474,500 | Trademark Title | |
| Warranty Deed | $400,000 | Watermark Title Agency | |
| Interfamily Deed Transfer | -- | Eagle Creek Title Llc | |
| Warranty Deed | -- | Trademark Title Services Inc | |
| Warranty Deed | $265,223 | Dca Title | |
| Warranty Deed | $265,225 | -- | |
| Warranty Deed | $160,000 | -- | |
| Deed | $400,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $365,000 | New Conventional | |
| Previous Owner | $347,430 | New Conventional | |
| Previous Owner | $355,875 | New Conventional | |
| Previous Owner | $320,600 | New Conventional | |
| Previous Owner | $296,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $210,750 | New Conventional | |
| Previous Owner | $228,000 | Purchase Money Mortgage | |
| Previous Owner | $255,942 | FHA | |
| Previous Owner | $130,500 | Credit Line Revolving |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6657747
APN: 17-028-24-41-0108
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