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5040 Nicollet Avenue
Minneapolis MN 55419 US

$400,000

Active Listing ID 7157503
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4 bed
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2,346 square feet
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2.00 Bath (2 Full)
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Lot: 0.17 Acres
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Duplex

$400,000

Active Listing ID 7157503
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5040 Nicollet Avenue 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.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Duplex
  • Features
  • Full Bathrooms: 2
  • Roof Type: Shingle
  • Heating Fuels: Forced Air
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Duplex
  • listprice: 400000
  • unparsedaddress: 5040 Nicollet Avenue
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55419
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 2346
  • livingareaunits: Square Feet
  • latitude: 44.911102
  • longitude: -93.278459
  • listagentfullname: Lance Berwald
  • listagentemail: lanceberwald@kw.com
  • listagentkey: 3yd-RMLSMN-29567
  • listagentmlsid: 29567
  • listagentpreferredphone: (952) 746-9696
  • listofficekey: 3yd-RMLSMN-11476
  • listofficemlsid: 11476
  • disclaimer: Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1940
  • listingcontractdate: 2026-10-12
  • listagenturl: http://www.kwprmn.com
  • countyorparish: Hennepin
  • parcelnumber: 1502824310099
  • highschooldistrict: Minneapolis
  • constructionmaterials: Block, Brick, Concrete, Frame
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Garage - Detached, Garage, Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 1, Bedroom 4, Laundry Room, Bedroom 2, Bathroom 2, Bedroom 1, Basement, Bedroom 3
  • patioandporchfeatures: Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.27846, 44.911102
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Preferred Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lanceberwald@kw.com", "ListBrokerageCity":"Burnsville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw265@kw.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/c5ababc31f65d441011f6618ada1003dk-c2619867470r.png", "ListBrokerageName":"Keller Williams Preferred Realty", "ListBrokeragePhone":"(952) 746-9696", "ListBrokeragePostalCode":"55306", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"14300 Nicollet Court Ste 208", "ListBrokerageWebsiteUrl":"http://www.kwprmn.com", "ListOfficeAddress1":"14300 Nicollet Court Suite #208 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"11476", "ListOfficeCity":"Burnsville", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw265@kw.com", "ListOfficePostalCode":"55306", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income, Minneapolis, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/5040-Nicollet-Ave_Minneapolis_MN_55419_M84135-28541?f=listhub&s=RMLSMN&m=7157503&c=rexren", "MLSModificationTimestamp":"2026-10-12 19:28:04", "Neighborhoods":[{"Description":null, "Name":"Washburn hill Addn to Mpls"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":9052, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/12/2026 7:29:52 PM GMT
Source Updated Date: 10/16/2026 12:52:22 AM GMT

Courtesy of: Lance Berwald, Keller Williams Preferred Rlty, lanceberwald@kw.com

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.