MN > Minneapolis > Reeve Park 3Rd Div
Minneapolis, MN 55410,5030 Sheridan AVE S
Minneapolis, MN 55410,5030 Sheridan AVE S
Minneapolis, MN 55410,5030 Sheridan AVE S
Minneapolis, MN 55410,5030 Sheridan AVE S
Minneapolis, MN 55410,5030 Sheridan AVE S
Minneapolis, MN 55410,5030 Sheridan AVE S
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Andrew Beitler, MBA

Andrew Beitler, MBA

+1(612) 432-3873
$ 565,000
Est. payment | /mo

2,832 SqFt

Save Virtual Tour
$ 565,000
Est. payment | /mo
Save Virtual Tour

2,832 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Side by Side

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $199

Subdivision Reeve Park 3Rd Div

MLS Listing ID 6726774

Year Built 1960

Annual Tax Amount $10,270

Tax Year 2025

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 53x128

Property Sub-Type Duplex Side by Side

Property Description

Welcome to 5030/32 Sheridan Ave S, Minneapolis, MN – a fantastic opportunity for both owner-occupants and savvy investors in one of South Minneapolis's most desirable neighborhoods. This meticulously maintained duplex offers the perfect blend of classic character and modern convenience, situated on a tree-lined street with excellent walkability to local shops, parks, lakes, and vibrant dining options. 1.5 blocks from Lake Harriet.
You'll find bright, inviting living areas on two levels, 2 bedrooms & 2 bathrooms on each side. The kitchens have been updated with newer appliances, perfect for tenants or for making one unit your own home. You'll find AMPLE storage in each unit's lower level, as well as private laundry. The property boasts beautiful hardwood floors, walk in closets, full bathrooms & 2 bedrooms on the main floor, a large family room, and 3/4 bath on each of the lower levels.
The exterior presents attractive curb appeal with beautiful brick & fresh paint, a two-car detached garage with openers, along with ample off-street parking, providing convenience for residents.

Investment Highlights:
This property offers exceptional income potential, allowing an owner-occupant to live in one unit and offset their mortgage with rental income from the other, or for an investor to capitalize on strong rental demand in a prime Minneapolis Fulton neighborhood location. The lower level could easily be built out to include another bedroom for increased rental income. With its desirable address and versatile layout, 5030/32 Sheridan Ave S is a smart addition to any portfolio. Insurance: $2916, Maintenance, lawn, snow, fall clean up: $2435. Water, garbage, sewer: $2270.

Seller intends to perform a 1031 tax-deferred exchange.

Location

State MN

County Hennepin

Rooms

Basement Block, Daylight/Lookout Windows, Finished, Tile Shower

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 2.0

Roof Type Asphalt

Building

Story One

Foundation 1888

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Brick/Stone

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://www.8710photography.com/customer/non-branded-page-link/11966

Listed by Elizabeth Babcock Lokowich • Keller Williams Realty Integrity Lakes

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agent
Andrew Beitler, MBA

Agent | License ID: 40658950

+1(612) 432-3873

1350 Game Farm Cir, Minnetrista, MN, 55364

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