USAMNMinneapolisPark Ave Terrace5508 Chicago Ave
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$474,900

For Sale

17 days ago

5508 Chicago Ave, Minneapolis, MN

House

MLS® 7049824

4 Bed

2 Bath

2386 sqft

2 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2386 sqft
Garage Yes
Taxes $7,525
Days Active 17
Lot Size 
Approx. Age 1939
Avg. Price Per Sqft $199
MLS® Number 7049824

Property Address: 5508 Chicago Ave, Minneapolis, MN, 55417-2446

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 5508 and 5510 Chicago Ave, a charming, classic all brick side by side duplex perfectly situated between Diamond Lake and Lake Nokomis. This beautiful property has timeless character with strong investment potential, making it an excellent opportunity for both homeownership and as an investment. Each unit has two bedrooms and a full bathroom, along with hardwood floors throughout. The layout of each unit is nearly identical, yet the updates and design of each space bring individuality and appeal. Separate basement areas (one side is partially finished) offer added privacy along with additional storage or potential for future use if finished to maximize space. With a fully fenced landscaped back yard and a nice cozy deck, this home offers great space to relax and enjoy the warmer months. Located just one block north of Todd Park and a few blocks from Pearl Park, this home has easy access to provide a great outdoor lifestyle while being within city limits. Occupants will also appreciate the walkable proximity to Lake Nokomis and Minnehaha Parkway, along with Kowalski’s, local shops and restaurants. The location offers convenient access to major roadways like 77, 62, and 35W and is just a short drive to the airport, making travel simple and efficient. Renting one unit will be easy because the current owner plans to stay on as a renter. You will have an opportunity to meet with the current owner before purchasing the duplex. This duplex delivers on location, character, and long term value!
MLS® Number7049824
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1939
BasementBlock, Daylight/Lookout Windows, Storage Space, Unfinished
DrivewayDetached Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 8, 2026List Date
$474,900List Price

Home Appraisal

This property is estimated to sell between: $474,000 and $551,000.
Similar properties in this area sold on average for: $525,625
Expected to sell in 17 days. Similar properties sold in 34 days. This home has been on eXp Realty for 17 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
Destination Address
5508 Chicago Ave, Minneapolis, MN

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