1123 5th Street NE Minneapolis, MN 55413

$475,000
Active
estimated monthly payment
4 Beds  |  2 Baths  |  2,160 Sq Ft  |  Duplex Up and Down  |  MLS # 7073225
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About The Listing

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 courtesy of Herman S Antonov, eXp Realty
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1905
MLS #: 7073225
Bedrooms: 4
Square Feet: 2,160
Price Per Square Foot: $220
Garage Spaces: 2
Parking Description: Detached Garage
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air
Basement: Unfinished
Foundation Type: Block
Construction Description: Concrete
Roof Description: Asphalt
Days On Market (Continuous): 35
Disability Features: None
Latest Update: 05/28/2026
List Date: 05/28/2026
Listing Agent ID: 506005816
Listing Office: eXp Realty
Listing Office ID: 26146
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Laundry Features: In Basement
Exterior Features: Stone
Lot Dimensions: 40x138
Lot Size: 0.13 Acres
Pool Description: None
Lot Features: Public Transit (w/in 6 blks)
School District: Minneapolis
Tax Year: 2026
Estimated Taxes: $8,125
Contingency Type: None
City: Minneapolis
Zip: 55413
County: Hennepin
State: MN

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Listing last updated: 05/28/26

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