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5508 Chicago Avenue, Minneapolis, MN 55417

Status: Sold

2 units
2,386 sq ft 2 garage spaces

$485,000

WELCOME HOME

Get to know this property.

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!

The details that matter.

General Property Information for 5508 Chicago Avenue, Minneapolis, MN 55417 - MLS# 7049824
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1939
Type of Property:
Multi Family Residence
Style:
Duplex Side by Side
Stories/Levels:
1 Story
Total SqFt:
2,386
Total Fnsh'd SqFt:
2,386
Above Ground SqFt:
1,919
Finished Above Grade:
1,919
Below Ground SqFt:
1,919
Finished Below Grade:
467
Garage Stalls:
2
Garage SqFt:
407
Main Floor SqFt:
1,919
Approx Lot Dimensions:
124 x 50
Approx Number of Acres:
0.14
Income and Expenses
Gross Income:
$0
Total Expenses:
$0

A closer look at the location.

From Cedar Ave S, turn West onto E Minnehaha Pkwy, turn South onto Chicago Ave, West to home

This listing has been entered by the following office: RE/MAX Results

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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