1123 5th Street Ne

Minneapolis, MN 55413

About this property

Well-maintained classic brick duplex in the heart of NE Minneapolis one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you. Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split separate furnaces and water heaters for each unit keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market. Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!

About this property

Well-maintained classic brick duplex in the heart of NE Minneapolis one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you. Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split separate furnaces and water heaters for each unit keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market. Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!

Features and Additional Information

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$450,000 Active
2,160 sqft

Presented By Coldwell Banker Crown Park Rapids

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Get in touch today! Phone: 1-218-732-3381
Brokerage
eXp Realty
1-320-500-4397
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Area Information

68 | Hennepin County |

$ 450,000
This listing is play_arrow 16.7% higher than the average in the area
$ 385,500 in the area
2,160 SqFt
This listing is play_arrow 23.0% larger than the average in the area
1,756 SqFt in the area
$ 208 $/SqFt
This listing is play_arrow 9.9% less than the average in the area
$ 231 $/SqFt in the area
46 days on site
This listing is play_arrow 65.4% below the average in the area
133 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Minneapolis

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Listed By Herman S Antonov
Brokerage: eXp Realty

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