5037/5039 Abbott Avenue S, Minneapolis, MN 55410 (MLS# 7152729)

5037/5039 Abbott Avenue S, Minneapolis, MN 55410

New Listing
$875,000
Property Type: Multi-Family Bedrooms: 6 Baths: 3 Square Footage: 2,866 Lot Size (sq. ft.): 10,019 Status: Active
Current Price: $875,000 List Date: 10/06/2026 Last Modified: 10/08/2026

Overview

Description

Gorgeous Fulton duplex in an unbeatable location! Available for the first time in more than 20 years, this beautifully maintained property offers a rare opportunity to own a character-filled, income-producing duplex just steps from the shops, restaurants, and neighborhood charm of 50th & France. With more than $100,000 invested in improvements in 2025, the property combines timeless character with thoughtful, significant updates. The second unit is currently leased through April 2027, providing immediate rental income and making this an exceptional opportunity for an owner-occupant or investor. Major 2025 improvements include new Pella fiberglass windows in the living and dining rooms of both units, Mitsubishi mini-split systems with two heads per unit, architectural shingle roofing with added ridge venting, a new rubber garage roof, extensive chimney tuckpointing and rebuilding, new stone chimney crowns, upgraded attic insulation with spray-foam air sealing, and spray-foamed rim jois ...

Listing Details MLS# 7152729

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
Yes
Waterfront YN
No
Year Built
1931
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Main Floor Total SqFt
1832
Above Ground SqFt
1170
Below Grd Total SqFt
1696
Total SqFt
2866
Foundation Size
1470
Style
(MF) Duplex Side X Side
Total Finished Sqft
2746.00
Power Company
Xcel Energy
Garage Stalls
3
Lot Dimensions
irregular
Acres
0.23
Assessment Pending
Yes

Property Features

Accessible: None Basement: Concrete Block; Partially Finished Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Exterior: Stucco Fencing: Chain Link; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler; Heat Pump Internet Options: Fiber Optic Laundry: Gas Dryer Hookup; In Basement; Lower Level; Washer Hookup Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium Owner Pays: Heat Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Rubber Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Broadband; Cable TV; Electricity; Gas; Hot Water; Insurance; Sewer; Trash Collection; Water Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Tile Floors; Walk-Up Attic; Washer/Dryer Hookup Unit 1 Appliances: Stainless Steel Appliances; Wine Cooler; Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator; Washer Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath Unit 1 Cooling: Ductless Mini-Split Unit 1 Dining Room Description: Living/Dining Room; Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Family Room; Lower Level Unit 2 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Tile Floors; Walk-Up Attic; Washer/Dryer Hookup Unit 2 Appliances: Stainless Steel Appliances; Wine Cooler; Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath Unit 2 Cooling: Ductless Mini-Split Unit 2 Dining Room Description: Living/Dining Room; Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Family Room; Lower Level Unit 2 Fireplace Char: Family Room Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
875000
ListPrice
875000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5037/5039
Street Name
Abbott
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55410
Complex/Dev/Subdivision
Steeles Lake Harriet Park Add

Assessments

Assessment Balance
2499.73
Assessment Installment
2499.73
Tax With Assessments
15903

Basement

Foundation Dimensions
10x14

More Information

Building Information

Finished SqFt Above Ground
2311
Finished SqFt Below Ground
435

Income and Expenses

Annual Gross Income
2940
Annual Trash Expense
200

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
18x22 and 10x22
Garage Square Feet
596

Public Survey Info

Range#
24
Section#
17
Township#
28

Unit 1

Furnished?
No
Lease Expiration Date
2027-04-30
Leased?
Yes
Level
Main Level
Unit Number
Yes
# of Fireplaces
Yes
Annual Rent
29400
Finished SqFt
1163
Full Baths
Yes
Monthly Rent
2450
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
8

Unit 2

Furnished?
No
Leased?
No
Level
Main Level
Unit Number
2
# of Fireplaces
Yes
3/4 Baths
Yes
Finished SqFt
1583
Full Baths
Yes
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
3
Total Rooms
9

Unit Details

Total Units
2
IDX
Listing Office: Home Avenue Flat Fee Realty
Last Updated: October - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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