$6,530 Closing Credit¹
#6715020, Listing Office: National Realty Guild
$495,000 List price
1123 5th St NE Minneapolis, MN 55413
$5,878
Closing credit¹
2,160 sqft
$229 / sqft
Multi-Family
Property details
About 1123 5th St NE
Classic brick duplex in prime NE Minneapolis location showcases timeless craftsman character with 10ft ceilings, original maple flooring, wide trim, and tall baseboards throughout. Both units offer spacious bedrooms and abundant vintage charm in solid condition. Upper unit features a private balcony with neighborhood views. Just steps from the vibrant 13th Ave and Broadway corridor with popular restaurants, bars, and local shops. Includes a 2-car garage and nicely maintained lot. Perfect investment opportunity or ideal for owner-occupants seeking rental income while living in a character-filled home in one of Minneapolis's most desirable neighborhoods. Enjoy the perfect blend of historic charm and modern convenience in this exceptional Northeast property.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size2,160 sqft
BasementYes
Year built1905
ParkingDetached
MLS #6719350
Garage2 spaces
Virtual tour
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached
- Heating: Forced Air
- List Price: $495,000
- Price/SqFt: $229
- Annual Tax Amount: $6,942
- Tax Year: 2023
- Directions: 94 to Broadway, East on Broadway to 5th St NE, go North (left) on 5th to property
- Year Built: 1905
- Living Area: 2,160 SqFt
- MLS Number: 6719350
- MLS Name: NORTHSTAR
- Office Name: Engel & Volkers Minneapolis Downtown
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Get an agent. Get a mortgage. Save big.¹
$495,000
1123 5th St NE
$5,878
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 06, 2015 | Home Sold | $257,150 |
| Oct 14, 2005 | Home Sold | $278,000 |
| Oct 16, 1998 | Home Sold | $72,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $434,000 | $6,942 |
| 2022 | $445,000 | $7,165 |
| 2021 | $381,000 | $5,244 |
| 2020 | $348,500 | $4,591 |
| 2019 | $327,910 | $4,765 |
| 2018 | $288,670 | $4,331 |
History based on county public records data.
Nearby schools
1
Sheridan Elementary School
Public Magnet PK-5
0.1 mi
•1201 University Ave NE
3
Webster Community School
Public District PK-5
0.4 mi
•425 5th St NE
2
Banaadir Elementary School
Public Charter KG-4
0.6 mi
•1800 2nd St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,511. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
18%
<35k
68%
35k-100k
15%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
18%
Single, with Kids
16%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
6%
12-17 yrs old
41%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Music Concerts
Where do the neighbors shop?
Crate & Barrel
IKEA
H&M
Where do the neighbors go to eat?
Starbucks
Quiznos
Chipotle
What do the neighbors drive?
BMW
Lexus
Volkswagen
What do the neighbors listen to?
News
Soft Adult Contemporary- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1123 5th St NE in Minneapolis, MN and zip code 55413 in the Sheridan neighborhood. This 2,160 square foot home was built in 1905. Features: 0 bathroom. It has been listed on Rocket Homes since May 15, 2025 and is currently priced at $495,000.
Over 466 listings were sold over their listed price in April 2025 in Minneapolis, MN. In the same period over 261 listings were sold below the listed price and 213 listings were sold for the listed price. In April 2025 in Minneapolis, MN there were 23% more homes for sale than in March. While the average time on the market in April 2025 was 28 days, the median list price was $354,417.
From Rocket Homes Real Estate and based on county public records data.