$6,531 Closing Credit¹
#6620486, Listing Office: Partners Realty Inc.
$499,900 List price
5001 Thomas Ave S Minneapolis, MN 55410
$5,936
Closing credit¹
1,730 sqft
$289 / sqft
Multi-Family
Property details
About 5001 Thomas Ave S
Fantastic investment opportunity with this duplex in prime Southwest Minneapolis! Just minutes from Lake Harriet, Bde Maka Ska, trails, and parks, this property offers hardwood floors, a bright kitchen & dining area, and a sunroom. Each unit features 1 bed, 1 bath, plus shared basement laundry & storage. Separate garages and driveways add convenience. Ideal for renting both units short- or long-term or living in one while leasing the other!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size1,730 sqft
BasementYes
Year built1941
ParkingAttached Garage, Asphalt, Garage Door Opener, Tuckunder Garage
MLS #6657747
Attached garage2 spaces
Summary
- MLS Number: 6657747
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Advantage Plus
Copyright © 2025 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/16/2025, 9:22:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$499,900
5001 Thomas Ave S
$5,936
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 01, 2023 | Home Sold | $474,500 |
| Oct 27, 2020 | Home Sold | $400,000 |
| Mar 18, 2013 | Home Sold | $285,000 |
| Jul 06, 2011 | Home Sold | $265,224 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $425,000 | $6,785 |
| 2022 | $413,000 | $6,641 |
| 2021 | $390,000 | $6,623 |
| 2020 | $390,000 | $6,378 |
| 2019 | $364,500 | $6,446 |
| 2018 | $337,500 | $6,128 |
| 2017 | $301,500 | $5,530 |
History based on county public records data.
Nearby schools
9
Burroughs Community School
Public District KG-5
0.6 mi
•1601 W 50th St
8
Armatage Elementary School
Public Magnet KG-5
0.8 mi
•2501 W 56th St
9
Kenny Community School
Public District KG-5
1.3 mi
•5720 Emerson Ave S
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 $109,191. Typical income of Minneapolis, MN residents is between $100k-200k 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?
12%
<35k
35%
35k-100k
37%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
34%
Single, No Kids
6%
Single, with Kids
32%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
52%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Music Concerts
Where do the neighbors shop?
Bloomingdales
H&M
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
Boston Market
Chipotle
What do the neighbors drive?
Audi
Mercedes
Volkswagen
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 5001 Thomas Ave S in Minneapolis, MN and zip code 55410 in the Fulton neighborhood. This 1,730 square foot home was built in 1941. Features: 0 bathroom. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $499,900.
Minneapolis, MN housing market in March 2025 saw over 364 listings sold above listed price, more than 165 sold at listed price and over 309 sold below. Between February and March 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23.5%. While the average time on the market in March 2025 was 41 days, the median list price was $353,912.
From Rocket Homes Real Estate and based on county public records data.