1123 5th St NE

Minneapolis MN 55413

3143 sq. ft.

0.13 ac.

Duplex

Currently for sale - view listing

Overview

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

4 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

3143 sq. ft. floor area

0.13 ac. lot size

Duplex

Property history for 1123 5th St NE

2015

Sold

$257,150

05 Aug 2015 by Jason Reed, of RE/MAX Results

2005

Sold

$278,000

14 Oct 2005 by Michael Gacek, of Edina Realty, Inc.

1998

Sold

$72,000

28 Sep 1998 by Michael Gacek, of Edina Realty, Inc.

Happy sellers in Minneapolis

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