For Sale Duplex MLS# 7105432

1123 5th Street NE

Minneapolis, MN 55413

$450,000

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About 1123 5th Street NE

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!

Property details

Property

Type
Duplex Up and Down
MLS type
Duplex
Status
Active
Year built
1905
Stories
Two
Living area
2,160 sqft
Price / sqft
$208
Lot
0.13
Original price
$450,000
MLS #
7105432

Interior

Features
Forced Air, In Basement, Unfinished
Heating
Forced Air
Laundry
In Basement

Exterior & lot

Features
Stone, Detached Garage
Construction
Two, Block, Asphalt
Roof
Asphalt
Foundation
Block
Lot
1402924240189
Parking
Detached Garage
Garage spaces
2

Schools

District
Minneapolis Public School District

Utilities

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

Financial

Financial
northstar
Annual tax
$8,125
Tax year
2026
Parcel
1402924240189

Location

County
Hennepin
Neighborhood
Northeast Minneapolis Arts District
Community
Hennepin, City Street, Porch, northstar, Minneapolis
Directions
94 to Broadway, East on Broadway to 5th St NE, go North (left) on 5th to property

Location

Neighborhood
Northeast Minneapolis Arts District
School district
Minneapolis Public School District

Ask about this property

Questions on 1123 5th Street NE, Minneapolis, MN 55413, or want to see it in person?

Listed by Herman S Antonov, eXp Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.