1318 5th ST NE new

Minneapolis,MN 55413

$ 350000

- Bed

- Bath

1516 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 1,516 sqft

Price per Sqft $230

Subdivision Cutters Add

MLS Listing ID 6619951

Year Built 1900

Annual Tax Amount $7,181

Tax Year 2023

Lot Size 5,227 Sqft

Property Description

Gorgeous, renovated duplex located in the heart of the NE Arts District, surrounded by restaurants, parks, shops, cafes, and more! Both units have been elegantly remodeled with new kitchens and baths, including stunning wood floors. Upgraded windows, steel siding and the roof was replaced in 2023.

The upstairs unit features one bedroom, an updated kitchen and bathroom, a large closet, and a small room perfect for an office. The kitchen includes a gas range, a dishwasher drawer, and a large island. This unit rents for $1,315

The main floor unit, originally with two bedrooms, has been converted to one bedroom but can easily be restored to a two-bedroom layout. It boasts a spacious, updated kitchen and bath, with hardwood floors and tile in the bathrooms and kitchen. This unit rents for $1,577

The property also includes a large fenced-in lot with ample room for an ADU, garage, or off-street parking. Additionally, the roof was replaced in 2022!

This home is perfect for an owner-occupier or an investor looking to maximize rental income.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Exterior

Garage None

Roof Type Age 8 Years or Less

Building

Lot Description Irregular Lot

Story One and One Half

Foundation 856

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Vinyl Siding

New Construction false

Schools

School District Minneapolis

View More
Favorite Go Tour