Minneapolis, MN 55410 5001 Thomas Avenue S
$479,900
7 more
Presented By: RE/MAX Advantage Plus
Beds • 2
Baths • 2
SQFT • 1,730
Garage • 2
Home Details
Fantastic investment opportunity with this duplex in prime Southwest Minneapolis! Just minutes from Lake Harriet, Bde Maka Ska, trails, and parks, this property offers hardwood floors, a bright kitchen & dining area, and a sunroom. Each unit features 1 bed, 1 bath, plus shared basement laundry & storage. Separate garages and driveways add convenience. Ideal for renting both units short- or long-term or living in one while leasing the other!
Presented By: RE/MAX Advantage Plus
Interior Features for 5001 Thomas Avenue S
Other Interior Features
Above Grade Finished Area1548
BasementFull, Partially Finished, Shared Access, Storage Space
Basement (Y/N)Yes
Below Grade Finished Area182
FuelNatural Gas
Garage Square Feet400
General for 5001 Thomas Avenue S
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry
Carport Spaces
CityMinneapolis
Construction MaterialsMetal Siding, Vinyl Siding
ContingencyNone
CountyHennepin
Directions50th to Thomas, S to property
ElectricCircuit Breakers
Electric Expense480
Fuel Expense460
Garage Spaces2
Gross Income35976
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense1500
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area1730
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense3640
OwnerPaysInsurance, Repairs, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofArchitectural Shingle, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameReeve Park 3rd Div
Tax Annual Amount6785
Tax Year2024
Tenant PaysAll Utilities, Cable TV
Trash Expense600
Water Sewer Expense600
Year Built1941
Zoning DescriptionResidential-Multi-Family
Exterior for 5001 Thomas Avenue S
Building Area Total3064
Foundation Area1548
Lot Dimensions39x127
Lot FeaturesSome Trees
Lot Size Area0.11
Parking FeaturesAttached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent