About This Home

This 6-bedroom, 2-bathroom residential multi family at 5005 Oliver Avenue S in Minneapolis, MN is listed for $865,000 ($224 per sqft). Built in 1923, the home offers 3,864 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1923
  • 0.12 acre lot

Property Details

2 full
1923

Amenities

Solar
Listing Description

Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you're looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis' most sought-after locations!

Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom is currently configured as an office). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants.

The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural light, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels.

Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through September 30, 2026 (vacating then). Reach out with any questions, or to schedule a tour!

Monthly Cost Estimate

$4,626/mo

20% down · 6.5% · 30 years

Principal$626
Interest$3,748
Insurance$252

Estimates only. Actual payments may vary.

Location

5005 Oliver Avenue S

Minneapolis, MN 55419

Thornton Park 2nd Div

Features & Amenities

Exterior Features

Stucco

Property Details

Parking

Garage - Detached

Heating

Oil

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 5005 Oliver Avenue S is listed at $865,000 ($224/sqft). The estimated monthly payment is $4,626 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 0.12 acre lot. Exterior Features: Stucco.

This property is listed by Paul Begich and can be reached at (952) 213-1631.

PB

Paul Begich

Agent at Compass

(952) 213-1631

Listed by Compass · View on Broker Site

MLS# 7104031· Source: listhub· 5 days on market

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.

5005 Oliver Avenue S, Minneapolis, MN 55419

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