5037/5039 Abbott Avenue S, Minneapolis, MN 55410 (MLS# 7152729)


$875,000
5037/5039 Abbott Avenue S
Minneapolis, MN 55410
MLS# 7152729
6 beds  |  3 baths  |  2866 sqft


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Property Description
Gorgeous Fulton duplex in an unbeatable location! Available for the first time in more than 20 years, this beautifully maintained property offers a rare opportunity to own a character-filled, income-producing duplex just steps from the shops, restaurants, and neighborhood charm of 50th & France. With more than $100,000 invested in improvements in 2025, the property combines timeless character with thoughtful, significant updates. The second unit is currently leased through April 2027, providing immediate rental income and making this an exceptional opportunity for an owner-occupant or investor. Major 2025 improvements include new Pella fiberglass windows in the living and dining rooms of both units, Mitsubishi mini-split systems with two heads per unit, architectural shingle roofing with added ridge venting, a new rubber garage roof, extensive chimney tuckpointing and rebuilding, new stone chimney crowns, upgraded attic insulation with spray-foam air sealing, and spray-foamed rim joists on the owner’s side. Exterior improvements include fresh paint, new concrete walkways at both units, and a new concrete garage apron. The owner’s unit also features a beautifully retiled shower/tub with new shower plumbing. Enjoy exceptional walkability with 50th & France practically at your doorstep, along with easy access to Lake Harriet, Minnehaha Parkway, parks, trails, and the many amenities that make Fulton one of Southwest Minneapolis’s most sought-after neighborhoods. A truly special opportunity to own a gorgeous, income-producing duplex in a premier location—available for the first time in more than two decades.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 875000
Original List Price: 875000
ListPrice: 875000
List Date: 2026-10-06
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront YN: No
Year Built: 1931
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Residential-Single Famil
Bedrooms: 6
Baths Total: 3
Main Floor Total SqFt: 1832
Above Ground SqFt: 1170
Below Grd Total SqFt: 1696
Total SqFt: 2866
Foundation Size: 1470
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2746.00
Power Company: Xcel Energy
Garage Stalls: 3
Lot Dimensions: irregular
Acres: 0.23
Assessment Pending: Yes
Location Tax and Other Information
House Number: 5037/5039
Street Name: Abbott
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55410
Complex/Dev/Subdivision: Steeles Lake Harriet Park Add
Assessments
Assessment Balance: 2499.73
Assessment Installment: 2499.73
Tax With Assessments: 15903
Basement
Foundation Dimensions: 10x14
Building Information
Finished SqFt Above Ground: 2311
Finished SqFt Below Ground: 435
Income and Expenses
Annual Gross Income: 2940
Annual Trash Expense: 200
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 18x22 and 10x22
Garage Square Feet: 596
Public Survey Info
Range#: 24
Section#: 17
Township#: 28
Unit 1
Furnished?: No
Lease Expiration Date: 2027-04-30
Leased?: Yes
Level: Main Level
Unit Number: 1
# of Fireplaces: 1
Annual Rent: 29400
Finished SqFt: 1163
Full Baths: 1
Monthly Rent: 2450
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 8
Unit 2
Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 2
# of Fireplaces: 1
3/4 Baths: 1
Finished SqFt: 1583
Full Baths: 1
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 3
Total Rooms: 9
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Concrete Block; Partially Finished
Construction Status: Previously Owned
Electric: 100 Amp Service; Circuit Breakers
Exterior: Stucco
Fencing: Chain Link; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Boiler; Heat Pump
Internet Options: Fiber Optic
Laundry: Gas Dryer Hookup; In Basement; Lower Level; Washer Hookup
Lock Box Type: Combo
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium
Owner Pays: Heat
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less; Architectural Shingle; Rubber
Sewer: City Sewer/Connected
Stories: One and One Half
Tenant Pays: Broadband; Cable TV; Electricity; Gas; Hot Water; Insurance; Sewer; Trash Collection; Water
Unit 1 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Tile Floors; Walk-Up Attic; Washer/Dryer Hookup
Unit 1 Appliances: Stainless Steel Appliances; Wine Cooler; Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator; Washer
Unit 1 Bath Description: 3/4 Basement; Main Floor Full Bath
Unit 1 Cooling: Ductless Mini-Split
Unit 1 Dining Room Description: Living/Dining Room; Separate/Formal Dining Rm
Unit 1 Family Room Characteristics: Family Room; Lower Level
Unit 2 Amenities: Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Patio; Tile Floors; Walk-Up Attic; Washer/Dryer Hookup
Unit 2 Appliances: Stainless Steel Appliances; Wine Cooler; Dishwasher; Disposal; Dryer; Exhaust Fan/Hood; Freezer; Microwave; Range; Refrigerator; Washer
Unit 2 Bath Description: Main Floor Full Bath; Upper Level 3/4 Bath
Unit 2 Cooling: Ductless Mini-Split
Unit 2 Dining Room Description: Living/Dining Room; Separate/Formal Dining Rm
Unit 2 Family Room Characteristics: Family Room; Lower Level
Unit 2 Fireplace Char: Family Room
Water: City Water/Connected

Listing Office: Home Avenue Flat Fee Realty

Last Updated: October - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Friday 9th of October 2026 07:26 PM

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