1318 5th Street NE
Minneapolis, MN 55413
Price: $350,000
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.
Basic Features:
| Style |
Duplex Up and Down |
| Type |
Residential Income |
| Zoning |
Residential-Multi-Family |
| Year Built |
1900 |
| School District |
Minneapolis |
| County |
Hennepin |
| Lot Size |
40x134 |
| Acreage |
0.12 acres |
| Lot Description |
Irregular Lot |
| Above Grade |
1,516 sq ft |
| Number of Units |
2 |
| Tax $ / Year |
$7,181 / 2023 |
| Tax ID |
|
| Legal Description |
|
Additional Features
| Government Programs |
|
| Section |
14 |
| Terrain Type |
|
| Roads |
City Street |
| Basement |
Full,Stone/Rock |
| Driveway |
|
| Exterior Features |
Vinyl Siding |
| Foundation |
856.00 |
| Fuel Source |
Natural Gas |
| Handicap Access |
None |
| Heating |
Forced Air |
| Roof |
Age 8 Years or Less |
| Sewer Service |
City Sewer/Connected |
| Water Service |
City Water/Connected |
| Water Heater |
|
| Parking Lot |
None |
| Exterior Construction |
|
| Laundry |
N |
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