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5005 Oliver Avenue S, Minneapolis, MN 55419

Status: Sold

2 units
3,864 sq ft 3 garage spaces

$750,000

WELCOME HOME

Get to know this property.

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 has been opened up to function as an office space). 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 light, 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 a 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 October 31st, 2026 (vacating by this date). Reach out with any questions, or to schedule a tour!

The details that matter.

General Property Information for 5005 Oliver Avenue S, Minneapolis, MN 55419 - MLS# 7144459
Bedrooms and Bathrooms
Total Bedrooms:
6
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1923
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
3,864
Total Fnsh'd SqFt:
3,864
Above Ground SqFt:
2,576
Finished Above Grade:
2,576
Below Ground SqFt:
1,288
Finished Below Grade:
1,288
Garage Stalls:
3
Garage SqFt:
960
Main Floor SqFt:
1,288
Approx Lot Dimensions:
40' x 129'
Approx Number of Acres:
0.12
Income and Expenses
Gross Income:
$0
Total Expenses:
$0

A closer look at the location.

East on 50th, Right on Oliver Avenue South.

This listing has been entered by the following office: Compass

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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