$474,900

5508 Chicago Avenue, Minneapolis, MN 55417

4 beds |
2 baths |
2,386 sqft

Duplex
Built in 1939
6,098sqft lot
2 car garage
$199/sqft
Listed 8 days ago

Property Description

Welcome to 5508 and 5510 Chicago Ave, a charming, classic all brick side by side duplex perfectly situated between Diamond Lake and Lake Nokomis. This beautiful property has timeless character with strong investment potential, making it an excellent opportunity for both homeownership and as an investment. Each unit has two bedrooms and a full bathroom, along with hardwood floors throughout. The layout of each unit is nearly identical, yet the updates and design of each space bring individuality and appeal. Separate basement areas (one side is partially finished) offer added privacy along with additional storage or potential for future use if finished to maximize space. With a fully fenced landscaped back yard and a nice cozy deck, this home offers great space to relax and enjoy the warmer months. Located just one block north of Todd Park and a few blocks from Pearl Park, this home has easy access to provide a great outdoor lifestyle while being within city limits. Occupants will also appreciate the walkable proximity to Lake Nokomis and Minnehaha Parkway, along with Kowalski’s, local shops and restaurants. The location offers convenient access to major roadways like 77, 62, and 35W and is just a short drive to the airport, making travel simple and efficient. Renting one unit will be easy because the current owner plans to stay on as a renter. You will have an opportunity to meet with the current owner before purchasing the duplex. This duplex delivers on location, character, and long term value!

Listing Status:: Active
Data Last Updated:: April 17, 2026 at 4:16AM
Listing Office:: RE/MAX Results : 651-698-8006
MLS ID:: 7049824

Laundry: In Basement
Basement: BlockDaylight/Lookout WindowsStorage SpaceUnfinished
Heating: Forced Air

Pool: None
Parking: Detached Garage

Roofing: Asphalt
General: One

Road/Access: City StreetCurbsPaved StreetsSidewalksStorm Sewer
HOA Amenities: Deck
Originating MLS: northstar
School District: Minneapolis
County: Hennepin

Zoning: 2302824220119
Fencing: Wood

Water: City Water/Connected
Sewer: City Sewer/Connected

Source: northstar

This listing courtesy of RE/MAX Results

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Hale Community School

5330 13th Ave S, Minneapolis, MN, 55417

Grades KG-2

0.36 miles away

Justice Page Community Middle School

1 W 49th St, Minneapolis, MN, 55419

Grades 6-8

1.06 miles away

Washburn High School

201 W 49th St, Minneapolis, MN, 55419

Grades 9-12

1.20 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.