$749,900
Pending

5115 Chicago Avenue

Minneapolis, MN 55417
Listing OfficeColdwell Banker Realty
Browse 39 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

Description

Discover this triplex, perched on a hill and designed in timeless mid-century modern style. Featuring an expansive and versatile layout, this property presents a rare opportunity for investors or owner-occupants seeking substantial income potential combined with aesthetic charm.
Property Highlights:
•Upper-Level Units (5115 & 5117): Two identical floor plan 2-bedroom units, offering comfortable and practical layouts. Skylights in kitchen. Differences between the units are the finishes. One unit has quartz counter tops; stainless steel appliances and updated cabinets. The other unit has mid-century modern cabinets and formica counter tops. Both have carpet and manufactured flooring.
•Ground-Level Walkout Unit (5119): A fully updated 3 bedrooms, 2 bathrooms, with a modern kitchen including quartz countertops, stainless appliances, and a walkout family room with abundant natural light. This unit is currently rented on a month-to-month agreement, requiring 24-hour notice for showings.
•Lot Size: The property sits on an extra-large lot across the street from a park and Minnehaha Creek, providing space and privacy that enhances its appeal. Fenced yard and patio above garage for outdoor enjoyment.
Additional Features:
•No Below-Ground Units: All units are above ground, ensuring bright interiors and easy accessibility.
•Updates: See supplements for detailed information on major updates, ensuring peace of mind for buyers.
With its prime location, unique architecture, 3 car garage, this triplex is a must-see for anyone seeking a well-rounded investment property. Schedule your showing today and explore the potential this gem has to offer!

  • Property Details
      • Basement DescriptionEgress Window(s), Finished, Full, Walkout
      • Lot FeaturesPublic Transit (w/in 6 blks), Many Trees
      • Lot DescriptionPublic Transit (w/in 6 blks), Many Trees
      • SubdivisionChicago Ave Highlands
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • HeatingBaseboard, Boiler
      • Parcel Number1402824310057
      • Property TypeMulti-Family
      • School DistrictMinneapolis
      • Parking FeaturesDetached
      • CountyHennepin
      • RoofPitched
      • Taxes Annual$10,489
      • MLS #6694187
      • Property SubtypeTriplex
      • MLS #6694187
      • Cost749900
      • Square Feet3271
      • Year Built1957
      • Parking Spaces3
      • Basement1
      • Basement Finished1
      • Days on Market (Cumulative)8

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
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