$8,906 Closing Credit¹
#6659821, Listing Office: Coldwell Banker Realty
$689,900 List price
5200 Nicollet Ave Minneapolis, MN 55419
$8,193
Closing credit¹
3,044 sqft
$227 / sqft
Multi-Family
Property details
About 5200 Nicollet Ave
A rare opportunity to acquire a Triplex in the heart of Minneapolis' Tangletown neighborhood - known for its tree-lined streets and walkability. This classic property offers a blend of character and functionality. Two of the three units feature a sought-after Townhouse style layouts with 2 levels of above ground living and opportunity to expand further with basement space ready to be finished. The third unit, a top floor one bedroom has been recently renovated with a fully updated bathroom, refinished hardwood floors and fresh interior finishes. The current owner has replaced 5200s heating system and the 9w heating system has also been replaced in the last 5 years, along with a roof less than 6 years old, some of the major capital expenses have been addressed. A shard backyard patio and proximity to Minnehaha Parkway help add to the desirability of the property.
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
Size3,044 sqft
BasementYes
Year built1941
ParkingAttached Garage, Concrete
MLS #6702933
Attached garage2 spaces
Summary
- MLS Number: 6702933
- MLS Name: NORTHSTAR
- Office Name: DMR Realty INC
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Last updated on: 4/20/2025, 10:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$689,900
5200 Nicollet Ave
$8,193
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 02, 2022 | Home Sold | $530,000 |
| Aug 02, 2001 | Home Sold | $347,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $570,000 | $9,099 |
| 2022 | $575,000 | $9,246 |
| 2021 | $544,000 | $9,448 |
| 2020 | $543,500 | $9,105 |
| 2019 | $522,500 | $9,329 |
| 2018 | $475,000 | $8,717 |
| 2017 | $428,000 | $7,944 |
History based on county public records data.
Nearby schools
5
Windom Community School
Public Magnet PK-5
0.8 mi
•5821 Wentworth Ave
9
Kenny Community School
Public District KG-5
1.1 mi
•5720 Emerson Ave S
9
Burroughs Community School
Public District KG-5
1.1 mi
•1601 W 50th St
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 $138,281. The most common annual income of people living in Minneapolis, MN is $200k+. Typical family type is married, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
11%
<35k
32%
35k-100k
24%
100k-200k
33%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
26%
Single, No Kids
7%
Single, with Kids
33%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
11%
18-34 yrs old
53%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Live Theatre
Men's Tennis
Where do the neighbors shop?
Bloomingdales
Nordstrom Rack
Crate & Barrel
Where do the neighbors go to eat?
Starbucks
Boston Market
The Cheesecake Factory
What do the neighbors drive?
Audi
Mercedes
Volvo
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 5200 Nicollet Ave in Minneapolis, MN and zip code 55419 in the Tangletown neighborhood. This 3,044 square foot home was built in 1941. Features: 0 bathroom. It has been listed on Rocket Homes since April 18, 2025 and is currently priced at $689,900.
In March 2025, from all listings sold in Minneapolis, MN there were more than 364 sold above asking price, over 309 sold below and more than 165 were sold right at the asked price. Between February and March 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23.5%. Listings spent 41 days on the market in March 2025, and had a median list price of $353,912 during the same period.
From Rocket Homes Real Estate and based on county public records data.