5200 Nicollet Ave Minneapolis, MN 55419
Tangletown NeighborhoodEstimated payment $4,582/month
Total Views
3,190
6
Beds
4
Baths
3,044
Sq Ft
$227
Price per Sq Ft
Highlights
- Corner Lot
- 2 Car Attached Garage
- Forced Air Heating System
- Burroughs Elementary School Rated A-
- Patio
- 3-minute walk to Elmwood Triangle
About This Home
A rare opportunity to acquire a Triplex in the heart of Minneapolis' Tangletown neighborhood - known for its tree-lined streets and walkability. This classic property offers a blend of character and functionality. Two of the three units feature a sought-after Townhouse style layouts with 2 levels of above ground living and opportunity to expand further with basement space ready to be finished. The third unit, a top floor one bedroom has been recently renovated with a fully updated bathroom, refinished hardwood floors and fresh interior finishes. The current owner has replaced 5200s heating system and the 9w heating system has also been replaced in the last 5 years, along with a roof less than 6 years old, some of the major capital expenses have been addressed. A shard backyard patio and proximity to Minnehaha Parkway help add to the desirability of the property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,099
Year Built
- Built in 1941
Lot Details
- Lot Dimensions are 70x70
- Wood Fence
- Corner Lot
Parking
- 2 Car Attached Garage
Home Design
- Triplex
Interior Spaces
- 2-Story Property
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Additional Features
- Patio
- Forced Air Heating System
Community Details
- 3 Units
- Johansons Washburn Park Add Subdivision
Listing and Financial Details
- The owner pays for grounds care, repairs, taxes, trash collection
- Assessor Parcel Number 1502824340081
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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 | $9,099 | $570,000 | $199,000 | $371,000 |
| 2022 | $9,449 | $575,000 | $199,000 | $376,000 |
| 2021 | $9,106 | $544,000 | $166,000 | $378,000 |
| 2020 | $9,330 | $543,500 | $115,500 | $428,000 |
| 2019 | $8,718 | $522,500 | $100,000 | $422,500 |
| 2018 | $7,945 | $475,000 | $100,000 | $375,000 |
| 2017 | $7,527 | $396,500 | $90,900 | $305,600 |
| 2016 | $7,420 | $379,000 | $90,900 | $288,100 |
| 2015 | $7,076 | $344,500 | $90,900 | $253,600 |
| 2014 | -- | $299,500 | $90,900 | $208,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/18/2025 04/18/25 | For Sale | $689,900 | +30.2% | $227 / Sq Ft |
| 11/14/2022 11/14/22 | Sold | $530,000 | -3.6% | $174 / Sq Ft |
| 09/27/2022 09/27/22 | Pending | -- | -- | -- |
| 09/13/2022 09/13/22 | Price Changed | $550,000 | -4.3% | $181 / Sq Ft |
| 08/29/2022 08/29/22 | Price Changed | $575,000 | -4.2% | $189 / Sq Ft |
| 08/11/2022 08/11/22 | For Sale | $599,900 | -- | $197 / Sq Ft |
Source: NorthstarMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | -- | |
| Warranty Deed | $530,000 | -- | |
| Warranty Deed | $439,500 | -- | |
| Warranty Deed | $347,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $397,500 | New Conventional | |
| Previous Owner | $287,000 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6702933
APN: 15-028-24-34-0081
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 3 E Minnehaha Pkwy
- 5028 Nicollet Ave
- 5008 Wentworth Ave
- 5231 Clinton Ave
- 4909 Nicollet Ave
- 5417 Wentworth Ave
- 4900 Stevens Ave
- 4853 Nicollet Ave
- 300 E Diamond Lake Rd
- 5035 Lyndale Ave S
- 4938 Garfield Ave
- 5631 Blaisdell Ave
- 5305 Portland Ave
- 5645 Wentworth Ave
- 5616 Pleasant Ave
- 5615 Grand Ave S
- 302 E 48th St
- 5117 Colfax Ave S
- 920 W 53rd St
- 5648 Grand Ave S