5115 Chicago Avenue Minneapolis, MN 55417

$749,900
Pending
estimated monthly payment
3,271 Sq Ft  |  Triplex  |  MLS # 6694187
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  • 5117-2 bed/1 bath
    5117-2 bed/1 bath
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  • 5115-2 bed/1 bath
    5115-2 bed/1 bath
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  • 3 bed unit
    3 bed unit
  • Open floor plan
    Open floor plan
  • Remodeled from top to bottom in the 3 bed/2 bath unit
    Remodeled from top to bottom in the 3 bed/2 bath unit
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About The Listing

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!


Listing courtesy of Judith A Shields, Coldwell Banker Realty
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Property Details

Features

 
 
 
Property Type: Other
Status: Pending
Contingency Type: None
Year Built: 1957
MLS #: 6694187
Square Feet: 3,271
Price Per Square Foot: $229
Garage Spaces: 3
Parking Description: Detached
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Baseboard, Boiler
Basement: Egress Window(s), Finished, Full, Walkout
Construction Description: Brick/Stone
Roof Description: Pitched
Days On Market (Continuous): 8
Disability Features: None
Latest Update: 04/18/2025
List Date: 04/10/2025
Listing Agent ID: 502016428
Listing Office: Coldwell Banker Realty
Listing Office ID: 5116
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: Chain Link
Lot Dimensions: 120x124
Lot Size: 0.34 Acres
Lot Features: Public Transit (w/in 6 blks), Many Trees
School District: Minneapolis
Tax Year: 2025
Estimated Taxes: $10,489
Contingency Type: None
City: Minneapolis
Zip: 55417
County: Hennepin
Subdivision: Chicago Ave Highlands
State: MN

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Listing last updated: 04/18/25

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