About This Home

This 4-bedroom, 2-bathroom multi-family at 5040 Nicollet Avenue in Minneapolis, MN is listed for $400,000 ($171 per sqft). Built in 1940, the home offers 2,346 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1940
  • 0.17 acre lot

Property Details

2 full
2-car garage
1940
Listing Description

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.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

5040 Nicollet Avenue

Minneapolis, MN 55419

Washburn hill Addn to Mpls

Property Details

Construction

Block Brick Concrete Frame

Outdoor Features

Porch

Parking

Garage - DetachedDrivewayGarage

Heating

Forced Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 5040 Nicollet Avenue is listed at $400,000 ($171/sqft). The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.17 acre lot.

This property is listed by Lance Berwald.

LB

Lance Berwald

Agent at Keller Williams Preferred Realty

Listed by Keller Williams Preferred Realty · Broker phone: (952) 746-9696 · View on Broker Site · Broker website

MLS# 7157503· Source: Northstar MLS· 16 days on PropertySimple

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.

5040 Nicollet Avenue, Minneapolis, MN 55419

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