$150,000

5136 Hiawatha Ave Unit 002 Minneapolis, MN 55417

$1,781
Closing credit¹
1 bed
1 full
622 sqft
$241 / sqft
Condo

Property details

About 5136 Hiawatha Ave Unit 002

Ever dreamed of owning a slice of South Minneapolis that pays for itself? At 5136 Hiawatha Avenue #002, your real estate fantasies and financial goals collide in a symphony of smart design and savvy investing. This garden-level condo, nestled in a cozy 6-unit building, isn't just a home - it's your ticket to the Airbnb big leagues, having already flexed its hosting muscles with a cool $25,000+ in 2023 revenue alone. Step inside this 1964-built garden-level unit, where 622 square feet of versatility awaits. The kitchen features quartz countertops, a suite of modern appliances, and enough cabinet space to store recipes and cookware. And just when you thought storage was at a premium, closets pop up like magic throughout, turning this compact condo into a clutter-busting haven. Just across the hall, your private assigned storage space stands ready to swallow up those seasonal decorations or that inflatable kayak you swear you'll use someday. In the rear open-air parking lot, you get your very own assigned parking spot - a premium in Minneapolis whether you're an owner-occupant or a short-term guest. And the building is centrally located near METRO Blue Line light rail, Nokomis East Gateway Gardens, Sea Salt Eatery, and Minnehaha Falls. Whether you're nesting or investing, this turnkey treasure is primed to turn your real estate dreams into reality - all at a price point that won't give your wallet nightmares. Welcome home to 5136 Hiawatha Avenue #002, where practicality meets possibility in the heart of South Minneapolis.

Highlights

Home typeCondominium
HeatingBaseboard, Steam, Hot Water
StatusActive
CoolingWall Unit(s)
Size622 sqft
BasementYes
Year built1964
ParkingAssigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open
MLS #6637652

Virtual tour

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes
  • Total Bedroom Count: 1
  • Attached Garage: No
  • Parking: Assigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open
  • Heating: Baseboard, Steam, Hot Water
  • Cooling: Wall Unit(s)
  • List Price: $150,000
  • Price/SqFt: $241
  • HOA Amount: $380 Monthly
  • Lot: Irregular Lot
  • Directions: From MN-62 E, exit right for Minnehaha Avenue / MN-55 W. Turn left to go north on MN-55 W. Turn left to go west on E 54th Street. Turn right to go north on 46th Avenue S. Turn right to go southeast on 47th Avenue S, and the property will be on the right.
  • Year Built: 1964
  • Living Area: 622 SqFt
  • MLS Number: 6637652
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Realty Integrity Lakes

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5136 Hiawatha Ave Unit 002, Minneapolis, MN 55417 - living area with light colored carpet, baseboards, and a notable chandelier

$150,000

5136 Hiawatha Ave Unit 002

$1,781

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

8

Horace Mann School

Public District KG-5

1.3 mi

2001 Eleanor Ave

6

Northrop Community School

Public District KG-5

1.4 mi

4315 31st Ave S

10

Jie Ming Mandarin Immersion Academy

Public Magnet KG-5

1.5 mi

1845 Sheridan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,688. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
60%
35k-100k
13%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
8%
Single, with Kids
21%
Married, No Kids
9%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
39%
18-34 yrs old
39%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Men's TennisMen's Tennis
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • The Cheesecake FactoryThe Cheesecake Factory
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • BMWBMW
  • VolvoVolvo
  • AudiAudi

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5136 Hiawatha Ave Unit 002

The listing price of 5136 Hiawatha Ave Unit 002 property is $150,000.

The property 5136 Hiawatha Ave Unit 002 is a condo located in Minneapolis, Minnesota, 55417.

Active Listing: 5136 Hiawatha Ave Unit 002 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5136 Hiawatha Ave Unit 002 are: Horace Mann School (GreatSchools Rating 8/10), Northrop Community School (GreatSchools Rating 6/10), Jie Ming Mandarin Immersion Academy (GreatSchools Rating 10/10), Hennepin Middle School (GreatSchools Rating 2/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), Urban Academy Charter School (GreatSchools Rating 5/10), Roosevelt Senior High School (GreatSchools Rating 4/10), Roosevelt High School (GreatSchools Rating 8/10), Highland Park Senior High School (GreatSchools Rating 6/10).

The property at 5136 Hiawatha Ave Unit 002 has 1 bedroom and 1 bathroom.

The property 5136 Hiawatha Ave Unit 002 is 622 SqFt (source: MLS/tax record).

The year of construction for 5136 Hiawatha Ave Unit 002 is 1964.

This home is located at 5136 Hiawatha Ave Unit 002 in Minneapolis, MN and zip code 55417 in the Sunrise Park neighborhood. This 622 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $150,000.

In April 2025, from all listings sold in Minneapolis, MN there were more than 466 sold above asking price, over 261 sold below and more than 213 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between March and April 2025 increased by 23%. 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.

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