Minneapolis, MN 55417,5115 Chicago AVE
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Minneapolis, MN 55417,5115 Chicago AVE
Minneapolis, MN 55417,5115 Chicago AVE
Minneapolis, MN 55417,5115 Chicago AVE
Minneapolis, MN 55417,5115 Chicago AVE
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Rachel Dahlheimer

Rachel Dahlheimer

Engel & Völkers Americas

+1(763) 498-1542
$ 749,900
Est. payment /mo
Pending

5115 Chicago AVE Minneapolis, MN 55417

3,271 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Square Footage 3,271 sqft

Price per Sqft $229

Subdivision Chicago Ave Highlands

MLS Listing ID 6694187

Year Built 1957

Annual Tax Amount $10,489

Tax Year 2025

Contingent None

Lot Size 0.340 Acres

Acres 0.34

Lot Dimensions 120x124

Property Sub-Type Triplex

Property Description

Discover this triplex, perched on a hill and designed in timeless mid-century modern style. Featuring an expansive and versatile layout, this property presents a rare opportunity for investors or owner-occupants seeking substantial income potential combined with aesthetic charm.
Property Highlights:
•Upper-Level Units (5115 & 5117): Two identical floor plan 2-bedroom units, offering comfortable and practical layouts. Skylights in kitchen. Differences between the units are the finishes. One unit has quartz counter tops; stainless steel appliances and updated cabinets. The other unit has mid-century modern cabinets and formica counter tops. Both have carpet and manufactured flooring.
•Ground-Level Walkout Unit (5119): A fully updated 3 bedrooms, 2 bathrooms, with a modern kitchen including quartz countertops, stainless appliances, and a walkout family room with abundant natural light. This unit is currently rented on a month-to-month agreement, requiring 24-hour notice for showings.
•Lot Size: The property sits on an extra-large lot across the street from a park and Minnehaha Creek, providing space and privacy that enhances its appeal. Fenced yard and patio above garage for outdoor enjoyment.
Additional Features:
•No Below-Ground Units: All units are above ground, ensuring bright interiors and easy accessibility.
•Updates: See supplements for detailed information on major updates, ensuring peace of mind for buyers.
With its prime location, unique architecture, 3 car garage, this triplex is a must-see for anyone seeking a well-rounded investment property. Schedule your showing today and explore the potential this gem has to offer!

Location

State MN

County Hennepin

Rooms

Basement Egress Window(s), Finished, Full, Walkout

Interior

Heating Baseboard, Boiler

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 3.0

Fence Chain Link

Roof Type Pitched

Building

Lot Description Public Transit (w/in 6 blks), Many Trees

Story One

Foundation 1852

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://tour.vht.com/434452140/IDXS


Listed by Judith Shields • Coldwell Banker Realty
agent

Rachel Dahlheimer

Advisor | License ID: 506013296

+1(763) 498-1542

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5115 Chicago AVE