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1218 5th Ave, Anoka, MN, 55303

2beds
2baths
1,710sqft
$400,000
$234price/sqft
$2,790/moest. monthly cost
$111,600/yrincome needed

About This Home

Rarely does a property come along that offers this much flexibility, space, and functionality. Situated on a beautifully landscaped, fully fenced lot in one of Anoka's most established neighborhoods just mins from the Mississippi River, this one-of-a-kind home combines comfortable living with exceptional bonus spaces that are nearly impossible to find. Inside, you'll find spacious, beautifully updated living areas filled with natural light and quality craftsmanship throughout. Rich hardwood floors, custom millwork, pocket doors, and built-in surround sound create a warm yet sophisticated atmosphere. The updated kitchen features modern cabinetry, quality appliances, and generous workspace, while the remodeled bathrooms offer stylish finishes and everyday comfort. Most of the home's windows were replaced in 2025, enhancing energy efficiency and bringing in abundant natural light. The spacious primary suite serves as a private retreat with direct access to the rear deck, a large walk-in closet, and washer and dryer hookups for added convenience. An easy-flowing floor plan with comfortable gathering spaces makes everyday living and entertaining effortless, while the expansive rear deck and walkout patio overlook the private backyard and provide the perfect setting to relax or host. A standout feature of this property is the incredible detached two-story heated and air-conditioned studio building. The lower level is currently configured as a private office with extensive built-in shelving, workstations, and storage, making it ideal for a home business, creative studio, workshop, or hobby space. Upstairs, the finished flex room is currently used as a home gym but could easily become an art studio, music room, game room, additional office, or whatever best suits your needs. Adjacent to the studio, you'll also find a covered carport, an exceptional space for hobbyists, or anyone needing dedicated workspace. The outdoor living spaces are equally impressive. A private courtyard-style paver patio behind the studio offers a peaceful retreat, while the expansive backyard features mature trees, lush lawn space, beautiful landscaping, a storage shed, and multiple entertaining areas. The sewer line was replaced approximately 10 years ago, providing added peace of mind for the next owner. Located just minutes from the Mississippi River, parks, trails, restaurants, shopping, and all the conveniences of downtown Anoka, this truly unique property offers the rare combination of comfortable living, exceptional workspace, and outstanding outdoor amenities.

Getting Around

63
WalkingSomewhat Walkable
27
TransitSome Transit
73
BikeVery Bikeable

Schools

5/10
7/10
Anoka Senior High SchoolGrades 9-122.5 mi

Construction

Condition

  • Year built: 1935

Materials

  • Roof: Age Over 8 Years
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: In Basement,Upper Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedroom

  • Level: Upper
  • Area: 216
  • Dimensions: 18x12

Bedroom2

  • Level: Upper
  • Area: 162
  • Dimensions: 18x9

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Deck

  • Level: Upper
  • Area: 220
  • Dimensions: 20x11

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,710

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,710
  • Total interior livable area: 1,710 sqft

Kitchen

  • Level: Main
  • Area: 247
  • Dimensions: 19x13

Living Room

  • Level: Main
  • Area: 209
  • Dimensions: 19x11

Mud Room

  • Level: Main
  • Area: 84
  • Dimensions: 12x7

Office

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Other

  • Level: Main
  • Area: 285
  • Dimensions: 19x15

Other

  • Level: Upper
  • Area: 285
  • Dimensions: 19x15

Patio

  • Level: Main
  • Area: 1520
  • Dimensions: 40x38

Patio

  • Level: Main
  • Area: 1092
  • Dimensions: 42x26

Workshop

  • Level: Main
  • Area: 315
  • Dimensions: 21x15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 073124310015
  • Zoning description: Residential-Single Family
  • Foundation area: 1710

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio,Wrap Around
  • Fencing: Full,Privacy,Wood

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: 84 x 191 x 84 x 192

Parking

  • Total spaces: 4
  • Parking features: Carport,Covered,Detached Garage,Asphalt,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Anoka County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$246$2,952
Property Taxes $352$4,224
Electricity $170$2,050
Total$2,790$33,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$95,657/yr
40% on housing$83,700/yr
45% on housing$74,400/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 55303$173
Anoka County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55303$183
Anoka County$194

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-31Listed for sale$400,000

For Sale by Agent

AgentAmanda Otis
BrokerageeXp Realty

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