For Sale
Photo 1 of House for sale at 5040 Nicollet Ave, Minneapolis, MN 55419 | MLS# 7157503 | Listing updated on 2026-10-19
Photo 2 of House for sale at 5040 Nicollet Ave, Minneapolis, MN 55419 | MLS# 7157503 | Listing updated on 2026-10-19
2
Beds Icon

Street View

$400,000

Monthly Est:$1,991

  • Beds Icon4 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,346sqft

5040 Nicollet Ave, Minneapolis, MN 55419

$1,991/moEst:

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  • Duplex

  • Built in 1940

  • $-- HOA

  • 0.17 acre lot

  • $171/sq.ft

Description

Rarely available side-by-side brick duplex in the heart of Tangletown, one of Southwest Minneapolis' most coveted neighborhoods. Perfectly positioned near 50th & Nicollet, this exceptional property is within walking distance of Minnehaha Creek, lakes, parks, top-rated schools, local shops, restaurants, and transit options. Each generously sized unit offers hardwood floors and in-unit laundry, while the detached two-car garage and additional off-street parking provide added convenience. Whether you're seeking an owner-occupied investment, steady rental income, or a long-term portfolio asset, this is an outstanding opportunity to own a property in a premier Minneapolis location.

  • Houzeo last checked: 3 minutes ago
  • Listing updated: October 19, 2026 at 3:59 pm
  • Listing Provided by: Lance Berwald (612) 669-0596 | Keller Williams Preferred Rlty (952) 746-9696
  • Source: Northstar MLS-MN | MLS#: 7157503 Northstar MLS-MN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Hennepin County

  • City

    Minneapolis

  • Neighborhood

    Tangletown

  • Year Built

    1940

  • HOA Fees

    -

  • Finished Area

    2,346 sqft

  • Lot Size

    0.17 acre lot

  • Basement Area

    - sqft

  • MLS Name

    Northstar MLS

  • MLS Number

    7157503

  • Days on Market

    9

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 2

Interior

  • Sewer

    City Sewer/connected

  • Exterior Features

    Stone

  • Heating

    Forced Air

Construction

  • Year Built

    Year Built: 1940

  • Home type

    Duplex

  • Roof

    Age Over 8 Years, Asphalt, Pitched

  • Construction Materials

    Block, Brick, Concrete, Frame

  • Foundation Details

    Block, Brick/mortar, Combination, Permanent, Poured Concrete, Wood

Utilities & Energy

  • Basement

    Block, Daylight/lookout Windows, Partially Finished

  • Parking Features

    Detached Garage, Concrete, Multiple Garages, No Int Access To Dwelling, Shared Garage/stall

  • Pool Features

    None

  • Water Source

    City Water/connected

  • Laundry Features

    In Basement, Gas Dryer Hookup, Lower Level, Sink, Washer Hookup

  • Association Amenities

    None

  • Electric

    Circuit Breakers, 100 Amp Service

Other Features

  • Lot Features

    Public Transit (w/in 6 Blks), Irregular Lot, Tree Coverage Light

  • Subdivision Name

    Washburn Hill Addn To Mpls

  • Tenant Pays

    Broadband, Cable Tv, Electricity, Heat, Hot Water

Price History

DateEventPrice

10/19/2026

Source: mls_logoNorthstar MLS-MN #NST7157503

Listed for Sale

$400,000 +33233.33%

$171/sqft

09/22/2021

Source: mls_logoNorthstar MLS-MN #NST4625044

Price Increased

$1,200 +4.35%

$1/sqft

09/21/2021

Source: mls_logoNorthstar MLS-MN #NST4498244

Price Increased

$1,150 +9.52%

$0/sqft

09/20/2021

Source: mls_logoNorthstar MLS-MN #NST3999588

Price Decreased

$1,050 -99.69%

$0/sqft

04/09/2021

Source: mls_logoNorthstar MLS-MN #NST3275279

Price Increased

$340,000 +3.06%

$145/sqft

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Getting Around 5040 Nicollet Ave

Walk Score®

Walk Score

Somewhat Walkable

56/100

Transit Score®

Transit Score

Good Transit

54/100

Data provided by Redfin

Nearby Homes

Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 22, 2026, 08:31AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.

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