$475,000

1123 5th Street NE, Minneapolis, MN 55413

4 beds |
2 baths |
2,160 sqft

Duplex
Built in 1905
5,663sqft lot
2 car garage
$220/sqft
Listed 9 days ago

Property Description

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!

Listing Status:: Active
Data Last Updated:: June 4, 2026 at 12:19AM
Listing Office:: eXp Realty : 320-500-4397
MLS ID:: 7073225

Laundry: In Basement
Basement: Unfinished
Heating: Forced Air

General: Stone
Pool: None
Parking: Detached Garage

Roofing: Asphalt
General: TwoBlock

Road/Access: City Street
HOA Amenities: Porch
Originating MLS: northstar
School District: Minneapolis
County: Hennepin

Zoning: 1402924240189

Utilities: Circuit Breakers
Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of eXp Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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