5005 Oliver S Avenue, Minneapolis, Minnesota 55419

MN, Minneapolis
$775,000
  • 6 Beds
  • 2 Bath
  • Residential Income Property Type
  • 1923 Year Built
  • Pending Status
See All 29 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Exceptional opportunity to own a beautifully updated duplex in the heart of the Lynnhurst neighborhood, just blocks from Lake Harriet! Whether you’re looking to expand your investment portfolio or secure a premium owner-occupied opportunity, this duplex combines timeless character with extensive capital improvements in one of Southwest Minneapolis’ most sought-after locations! Each unit offers approximately 1,288 finished square feet with three bedrooms and one full bathroom (the upper-level third bedroom has been opened up to function as an office space). Additionally, each unit is served by its own boiler, providing independent heat and added convenience for both owners and tenants. The upper unit also features a beautifully remodeled kitchen and bathroom, central air conditioning, abundant natural light, and a bright sunroom. Additional highlights include an insulated detached three-stall garage (two for the upper unit, and one for the lower unit), finished shared laundry area, and owned solar panels. Current ownership has invested over six figures into these updates, which additionally include a brand-new sewer line, new A/C condenser, finished basement laundry area, and a complete exterior painting makeover. The lower unit is leased at $2,495/month through July 31, 2027, and the upper unit is leased at $2,900/month through October 31st, 2026 (vacating by this date). Reach out with any questions, or to schedule a tour!

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7144459
  • Price: $775,000
  • Year Built: 1923
  • Listing Status: Pending
  • Office Name: Compass
  • Property Sub Type: Duplex Up and Down
  • Roof: Asphalt
Features
  • Heating System Boiler
  • Basement Block
  • Parking Detached Garage
  • Exterior Features Stucco
  • Laundry Features Common Area,In Basement
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Hennepin
  • City Minneapolis
  • Zipcode 55419
  • Street: Oliver
  • Street Number: 5005
  • Street Suffix: Avenue
  • Longitude: W94° 41' 34.6''
  • Latitude: N44° 54' 43.6''
  • Directions: East on 50th, Right on Oliver Avenue South.
  • Street Dir Suffix: S
Neighborhood
  • High School District: Minneapolis
MLS Addon
  • Office Name: Compass
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 3864
  • Foundation Details: Block
  • Garage: 3
  • Levels: Two
  • Lot Size Dimensions: 40' x 129'
  • Number Of Units Total: 2
Financial
  • Tax Annual Amount: 10858
Listing Information
  • List Agent Mls Id: 502047750
  • List Office Mls Id: 49138
  • Modification Timestamp: 2026-09-18T16:24:06Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$