5038 Nicollet Ave, Minneapolis, MN, 55419
About This Home
Welcome to this fabulous, hard to find Tangletown gem! This lovely side by side duplex is a great opportunity to owner occupy or as a rental property. Many updates have been made to this home that has been lovingly maintained by its owner for over 30 years. The home is fresh and clean, while maintaining all the classic charm you are looking for - with gleaming recently refinished hardwood floors, some original cabinetry, built ins, and period appropriate bathroom features. The lovely brick exterior has mature landscaping and the backyard has a separated fenced area for one unit... great for pets! The full basement offers great additional storage. This is a rare listing in this area and is move in ready... take advantage!
Getting Around
Somewhat Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1940
Materials
- Construction materials: Brick,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Duplex Side by Side
Interior
Basement
- Has basement: Yes
- Basement: Full,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Finished area below ground: 0
- Finished area above ground: 1,867
Heating
- Heating features: Forced Air
Interior Area
- Total structure area: 3,734
- Total interior livable area: 1,867 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1502824310100
- Zoning description: Residential-Multi-Family
- Foundation area: 1867
Features
- Levels: One
- Pool features: None
- Patio & porch: Front Porch
- Fencing: Chain Link,Full,Partial
Lot
- Lot size: 7,405 sqft
- Features: Near Public Transit
- Lot size dimensions: 53 x 140
Parking
- Total spaces: 2
- Parking features: Detached Garage,Shared Garage/Stall
- Has garage: Yes
- Attached garage spaces: 2
- Covered 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
- Cold Wave
- Hail
- Heat Wave
- Tornado
- Inland Flooding
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,654 | $31,848 |
| Home Insurance * | $290 | $3,480 |
| Property Taxes | $584 | $7,008 |
| Electricity | $170 | $2,050 |
| Total | $3,698 | $44,376 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $524,900 |
| 1989-10-01 | Sold | $97,100 |
View on Zillow