This is a charming 2-unit duplex in the city of Minneapolis. It looks great on the outside with newer windows. The siding and roofing are in great shape. It needs a bit of TLC on the inside. It would be a great home for owners who would like a bit of income from the secondary unit or for an investor who seeks steady income from stable tenants. The tenants have been there for over a decade. The current rent would cover the property expenses and yield positive cash flow. The seller is motivated. The Lower Unit (Unit 1) gave their notice for 9/30/2025. The lower unit's Fridge and Oven will be gone with the tenant as they vacate the property. This is an opportunity to raise the rent from $980 to $1300.
Closed
$285,000
3315 5th Ave S, Minneapolis, MN 55408
5beds
2baths
3,348sqft
Duplex Up and Down
Built in 1904
-- sqft lot
$283,700 Zestimate®
$85/sqft
$2,253 Estimated rent
Home value
$283,700
$261,000 - $306,000
$2,253/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: October 08, 2025 at 06:46am
Listed by:
Ashraf A El-Hakeem 612-636-9991,
Alpha Realty Inc,
Ahmed Al-Beheary 612-227-7526
Bought with:
Raul Sanchez
RES Realty
Luz Belen Rubio
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6780415
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Forced Air
Features
- Basement: Block,Partially Finished,Storage Space
Interior area
- Total structure area: 3,348
- Total interior livable area: 3,348 sqft
- Finished area above ground: 2,232
- Finished area below ground: 558
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Patio
- Fencing: Chain Link
Lot
- Size: 0.12 sqft
- Dimensions: 45.2 x 119
Details
- Foundation area: 1116
- Parcel number: 0302824140117
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Materials
- Vinyl Siding
- Roof: Age Over 8 Years
Condition
- Age of Property: 121
- New construction: No
- Year built: 1904
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Wolvertons Add
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2025 | Sold | $285,000+1.8%$85/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6780415 | ||
| 9/8/2025 | Pending sale | $280,000$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780415 | ||
| 8/29/2025 | Listed for sale | $280,000+700%$84/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6780415 | ||
| 10/21/2004 | Sold | $35,000$10/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,799 +10.1% | $293,700 +11.3% |
| 2024 | $4,359 +0.8% | $264,000 -3.3% |
| 2023 | $4,326 +2.7% | $273,000 +1.5% |
Find assessor info on the county website
Neighborhood: Central
Nearby schools
GreatSchools rating
- 3/10Lyndale Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Justice Page Middle SchoolGrades: 6-8Distance: 2.1 mi
- 8/10Washburn Senior High SchoolGrades: 9-12Distance: 2.1 mi
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$283,700
2% more+ $5,674
With Zillow Showcase(estimated)
$289,374