# 5040 Nicollet Avenue, Minneapolis, MN 55419

> **TL;DR:** 4bd/2ba multi-family, $400,000 ($171/sqft), built 1940, 2,346 sqft.
> 2-car garage. Est. $2,140/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $400,000 |
| Price/sqft | $171 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 2,346 |
| Year Built | 1940 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Garage | 2-car |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,023 |
| Estimated Insurance | $117 |
| **Total** | **$2,140** |

## Key Amenities

- 2-car garage

## Property Highlights

- Built in 1940
- 0.17 acre lot

## Description

### Agent 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.

## Location

- **Address:** 5040 Nicollet Avenue, Minneapolis, MN 55419
- **County:** Hennepin
- **Neighborhood:** Washburn hill Addn to Mpls
- **Coordinates:** 44.911102, -93.278459
- **Google Maps:** https://www.google.com/maps?q=44.911102,-93.278459

## Listing Agent

- **Name:** Lance Berwald
- **Brokerage:** Keller Williams Preferred Realty
- **Broker Phone:** (952) 746-9696
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/5040-Nicollet-Ave_Minneapolis_MN_55419_M84135-28541?f=listhub&s=RMLSMN&m=7157503&c=propsimple)

## Photos

![5040 Nicollet Avenue - Photo 1](http://lh.rdcpix.com/fee045fcefec12af35c8dff0b8494fb0l-f1454615403r.jpg)

![5040 Nicollet Avenue - Photo 2](http://lh.rdcpix.com/fee045fcefec12af35c8dff0b8494fb0l-f1915345906r.jpg)

---

**MLS#:** 7157503 | **Updated:** 2026-10-27
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.ai/listing/5040-nicollet-avenue-minneapolis-mn-55419-e993498f3ee443cf87a739894ed4dfc8)

---

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