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$875,000

6 Beds 3 Baths 2,746 SQFT 0.23 Acres
Type: Multi-Family

5037/5039 Abbott Avenue S
Minneapolis, MN 55410

MLS#: 7152729
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Home Avenue Flat Fee Realty

Property Description

 

Gorgeous Fulton duplex in an unbeatable location! Available for the first time in more than 20 years, this beautifully maintained property offers a rare opportunity to own a character-filled, income-producing duplex just steps from the shops, restaurants, and neighborhood charm of 50th & France. With more than $100,000 invested in improvements in 2025, the property combines timeless character with thoughtful, significant updates. The second unit is currently leased through April 2027, providing immediate rental income and making this an exceptional opportunity for an owner-occupant or investor. Major 2025 improvements include new Pella fiberglass windows in the living and dining rooms of both units, Mitsubishi mini-split systems with two heads per unit, architectural shingle roofing with added ridge venting, a new rubber garage roof, extensive chimney tuckpointing and rebuilding, new stone chimney crowns, upgraded attic insulation with spray-foam air sealing, and spray-foamed rim joists on the owner’s side. Exterior improvements include fresh paint, new concrete walkways at both units, and a new concrete garage apron. The owner’s unit also features a beautifully retiled shower/tub with new shower plumbing. Enjoy exceptional walkability with 50th & France practically at your doorstep, along with easy access to Lake Harriet, Minnehaha Parkway, parks, trails, and the many amenities that make Fulton one of Southwest Minneapolis’s most sought-after neighborhoods. A truly special opportunity to own a gorgeous, income-producing duplex in a premier location—available for the first time in more than two decades.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area2,311 sqft
BasementBlock, Daylight/Lookout Windows, Partially Finished
Basement (Y/N)Yes
Below Grade Finished Area435 sqft
Foundation Dimensions10x14
FuelNatural Gas
Garage Dimensions18x22 and 10x22
Garage Square Feet596
Laundry FeaturesIn Basement, Gas Dryer Hookup, Lower Level, Washer Hookup

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Directions50th to Abbott
ElectricCircuit Breakers, 100 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces3
Gross Income2940
HeatingBoiler, Fireplace(s), Heat Pump
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsOne and One Half
Living Area2,746 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
OwnerPaysHeat
Pool FeaturesNone
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge 8 Years or Less, Architectural Shingle, Rubber
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSteeles Lake Harriet Park Add
Tax Annual Amount$13,403
Tax Year2026
Tenant PaysBroadband, Cable TV, Electricity, Gas, Hot Water, Insurance, Sewer, Trash Collection, Water
Trash Expense200
Water Sewer Expense0
Year Built1931
Zoning DescriptionResidential-Multi-Family, Residential-Single Family

Exterior

Building Area Total2,866 sqft
FencingChain Link, Wood
Foundation Area1,470 sqft
Lot Dimensionsirregular
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Area0 sqft
Parking FeaturesAttached Garage, Concrete
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$875,000

6 Beds 3 Baths 2,746 SQFT 0.23 Acres
Type: Multi-Family

5037/5039 Abbott Avenue S
Minneapolis, MN 55410

MLS#: 7152729
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800