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MLS: #7104031, Listed By: Paul Begich, Compass, Source:FargoMoorhead Area Association of REALTORS

5005 Oliver Avenue

Minneapolis, MN 55419
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Bed 6

Bed

Bath 2

Bath

SqFt3,864

Sqft

Acres0.12

Acre(Lot)

Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you're looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis' most sought-after locations! Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom is currently configured as an office). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants. The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural l ight, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels. Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through September 30, 2026 (vacating then). Reach out with any questions, or to schedule a tour!

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Detail Ic Property Details

Property Type : Residential Income

Price : $865,000

AD Id : 87686283

MLS Id : 7104031

Beds : 6

Lot Size : 0.12 Acre

Living Area Size : 3,864

Year Built : 1923

Garage : 3

County : Hennepin

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 2

    Room Information

    Has Basement: Yes Basement: Block, Concrete
  • Roofing Information

    Asphalt, Shingle
  • Interior Features

    Roof: Asphalt, Shingle Laundry Features: Common Area, In Basement
  • Heating & Cooling

    Has Heating: Yes

  • Building Information

    Year Built: 1923 Building Area Total: 3864 Stories: 2 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Dimensions: 40' x 129' Main Square Feet: 0.12 Acres Lot Size Acres: 0.12 Lot Size Square Feet: 5227.2

    Property Information

    Subdivision: Thornton Park 2nd Div Source Property Type: Residential Income Postal Code Plus 4: 1030 Property SubType: Duplex Levels: Two Property Age: 103

  • Listing Price Information

    Listing Price: $865000 Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: TBD Tax Year: 2026 Annual Tax: $10858 Tax Legal Desc: LOT 029 BLOCK 002 THORNTON PARK 2ND DIV

  • Garage Information

    Has Garage: Yes Garage Space: 3

  • Location Information

    Direction: East on 50th, Right on Oliver Avenue South. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4405 4th Avenue, Minneapolis, MN, 55419 $574,900 6 3 2,356 2,356 SqFt
4620 4th Avenue, Minneapolis, MN, 55419 $349,900 2 2 1,260 1,260 SqFt
302 48th Street, Minneapolis, MN, 55419 $450,000 5 2 1,440 1,440 SqFt
4400 1st Avenue, Minneapolis, MN, 55419 $499,900 4 2 2,578 2,578 SqFt
5820/5822 Nicollet Avenue, Minneapolis, MN, 55419 $485,000 4 2 1,998 1,998 SqFt
5433/5435 Penn Avenue, Minneapolis, MN, 55419 $515,000 5 3 2,101 2,101 SqFt
5300 Penn Avenue, Minneapolis, MN, 55419 $574,900 4 2 2,380 2,380 SqFt
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.

ByOwner last updated this listing 07/07/2026 @ 05:19

MLS: 7104031 LISTED BY: Paul Begich, Compass 952-283-0897 SOURCE: FargoMoorhead Area Association of REALTORS

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