1 month on rocket

5341 Chicago Ave, Minneapolis, MN, 55417

$419,900

Home List Price

$4,986*

Closing Credit

0 Baths
2,820 SqFt
$149/SqFt
Multi
Schools Nearby

Location

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5341 Chicago Ave, Minneapolis$419,900

Buyer Closing Credits

$4,986*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1931
HeatingForced Air
BasementYes
MLS #6490481
StatusActive

About 5341 Chicago Ave

Charming side by side duplex with rarely available full and finished lower levels with 4 bedrooms in one unit and 3 bedrooms in the other. Each unit has full and finished walkout lower levels with separate laundry areas. Run, walk, bike out your front door to Minnehaha Parkway, Lake Nokomis, Grand Rounds, and many neighborhood restaurants and shops like Kowalski's and Turtle Bread bakery. Recently remodeled units with open floorplans. Both units have always been quick to rent. This is a perfect opportunity to get into a great location in the heart of South Minneapolis

Property Details

Property Features

Property Information:

  • Year Built: 1931
  • Living Area: 2,820 SqFt

Listing Office:

  • Office Name: Upslope Realty

Interior Features

Interior Information:

  • Basement: Yes

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Washburn High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: From 35W Go E on Diamond Lake Rd, E to Portland, Go N to Duplex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $419,900
  • Price Per SqFt: $149/SqFt

Tax Information:

  • Annual Amount: $5,830
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

5341 Chicago Ave vs Minneapolis

51 DAYS ON ROCKET

+13 Days

$419,900

+$78.6K More

$149/SqFt

-$53 Less

KEY TAKEAWAY

This property is $78.6K more than the Median Sold Price and $53/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6490481

Listing Office:

  • Office Name: Upslope Realty

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Last updated on: 4/27/2024, 11:22:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 10, 2009Home Sold
$95,000
May 08, 2006Home Sold
$315,000
Dec 27, 2004Home Sold
$276,722

Tax History

YEARPROP. TAXASSESSMENT
2020$5,830$356,500
2019$6,004$339,500
2018$5,710$314,500
2017$5,200$283,500

History based on county public records data.

Payment Calculator

$2,163

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,325

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-1181808
5
/10

  • Washburn High School

  • 201 W 49th St

  • 1.12 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $81,195. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5341 Chicago Ave

This home is located at 5341 Chicago Ave in Minneapolis, MN and zip code 55417 in the Nokomis neighborhood. This 2,820 square foot home was built in 1931. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $419,900.

While more than 380 listings in Minneapolis, MN in March 2024 were sold above asking price, there were more than 165 listings sold at asking price, and more than 317 were sold below. The inventory of homes for sale in Minneapolis, MN between February 2024 and March 2024 increased by 15.5%. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $341,287.

From Rocket Homes Real Estate and based on county public records data.

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