$150,000

5136 Hiawatha Ave Unit 2 Minneapolis, MN 55417

Minnehaha Neighborhood

Estimated payment $1,291/month

Total Views 17,711
1 Bed
1 Bath
622 Sq Ft
$241 Price per Sq Ft

Highlights

  • 10,677 Sq Ft lot
  • Stainless Steel Appliances
  • Living Room
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Guest Parking

About This Home

Ever dreamed of owning a slice of South Minneapolis that pays for itself? At 5136 Hiawatha Avenue #002, your real estate fantasies and financial goals collide in a symphony of smart design and savvy investing. This garden-level condo, nestled in a cozy 6-unit building, isn't just a home - it's your ticket to the Airbnb big leagues, having already flexed its hosting muscles with a cool $25,000+ in 2023 revenue alone. Step inside this 1964-built garden-level unit, where 622 square feet of versatility awaits. The kitchen features quartz countertops, a suite of modern appliances, and enough cabinet space to store recipes and cookware. And just when you thought storage was at a premium, closets pop up like magic throughout, turning this compact condo into a clutter-busting haven. Just across the hall, your private assigned storage space stands ready to swallow up those seasonal decorations or that inflatable kayak you swear you'll use someday. In the rear open-air parking lot, you get your very own assigned parking spot - a premium in Minneapolis whether you're an owner-occupant or a short-term guest. And the building is centrally located near METRO Blue Line light rail, Nokomis East Gateway Gardens, Sea Salt Eatery, and Minnehaha Falls. Whether you're nesting or investing, this turnkey treasure is primed to turn your real estate dreams into reality - all at a price point that won't give your wallet nightmares. Welcome home to 5136 Hiawatha Avenue #002, where practicality meets possibility in the heart of South Minneapolis.

Listing Agent

Aaron Rosell

Keller Williams Realty Integrity Lakes Listed on: 04/29/2025

Keller Williams Realty Integrity Lakes

Co-Listing Agent

Mike Tracy

Keller Williams Realty Integrity Lakes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $980

Year Built

  • Built in 1964

HOA Fees

  • $380 Monthly HOA Fees

Interior Spaces

  • 622 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • Guest Parking
  • Assigned Parking

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System

Community Details

  • Association fees include maintenance structure, hazard insurance, heating, lawn care, ground maintenance, parking, professional mgmt, trash, sewer, shared amenities, snow removal
  • Exclusive Property Management Inc. Association, Phone Number (651) 888-4860
  • Low-Rise Condominium
  • Cic 1647 50Th Street Station Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1702823320018

Property Details

Home Type

Condominium

Est. Annual Taxes

$980

Year Built

Built in 1964

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Association Amenities: Laundry, Lobby Entrance
  • Fee Frequency: Monthly
  • Year Built: 1964
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • FoundationDimensions: 38'7x19'9
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 622
  • Below Grade Finished Sq Ft: 622
  • Basement YN: Yes
  • Dining Room Type: Living Room, Informal Dining Room, Kitchen, Bedroom 1, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • ConstructionMaterialsDesc: Brick,Frame,Stone
  • Neighborhood: Minnehaha

Garage/Parking

  • Parking Features: Assigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open
  • ParkingOpen: 1

Utilities

  • Heating: Baseboard, Boiler, Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal
  • Phone: 651-888-4860
  • Association Fee: 380
  • Association: Yes
  • Amenities Unit: Cable,Ethernet Wired,Main Floor Primary Bedroom,Tile Floors

Association/Amenities

  • HOA Management Co: Exclusive Property Management Inc.

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 72x24x149x66x111
  • Lot Size Sq Ft: 10677
  • Land Lease: No
  • Lot Features: Public Transit (w/in 6 blks), Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1702823320018
  • Tax Annual Amount: 980
  • TaxWithAssessments: 979.5800

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,025 $95,000 $18,000 $77,000
2022 $883 $90,000 $12,000 $78,000
2021 $816 $90,000 $9,000 $81,000
2020 $887 $87,000 $7,500 $79,500
2019 $920 $87,000 $7,500 $79,500
2018 $1,225 $87,000 $7,500 $79,500
2017 $1,093 $71,000 $7,500 $63,500
2016 $1,088 $68,500 $7,500 $61,000
2015 $699 $64,000 $7,500 $56,500
2014 -- $60,000 $7,500 $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $150,000 -- $241 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $111,500 Dca Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $105,367 New Conventional
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6637652

NorthstarMLS

APN: 17-028-23-32-0018