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Property Description
Rarely available side-by-side brick duplex in the heart of Tangletown, one of Southwest Minneapolis' most coveted neighborhoods. Perfectly positioned near 50th & Nicollet, this exceptional property is within walking distance of Minnehaha Creek, lakes, parks, top-rated schools, local shops, restaurants, and transit options. Each generously sized unit offers hardwood floors and in-unit laundry, while the detached two-car garage and additional off-street parking provide added convenience. Whether you're seeking an owner-occupied investment, steady rental income, or a long-term portfolio asset, this is an outstanding opportunity to own a property in a premier Minneapolis location.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Daylight/Lookout Windows, Partially Finished
Garage: 2
Heating: Forced Air
Lot Size: 0.17 Acres
Roof Type: Age Over 8 Years, Asphalt, Pitched
Taxes: $9,052
Year Built: 1940
Feature Descriptions
Accessibility: Reduced Height Counters
Exterior: Block, Brick, Concrete, Frame
Foundation Size: 1936
Lot: Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light
Lot Dimensions: 53 x 140
Owners Expense: Exterior Maintenance, Grounds Care, Repairs, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 1502824310099
Parking: Detached Garage, Concrete, Multiple Garages, No Int Access to Dwelling, Shared Garage/Stall
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Heat, Hot Water
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Preferred Rlty
Agency Phone: 952-746-9696
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 2,999.97 per month $2,128.97 Principal & Interest $754.33 Property Tax $116.67 Homeowner's InsuranceChange Payment Information
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5040 Nicollet Avenue | MLS# 7157503
This multi-family property located at 5040 Nicollet Avenue, Minneapolis, MN 55419 is currently listed for sale with an asking price of $400,000. Nicollet Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.