5037/5039 Abbott Avenue S
Minneapolis, MN, 55410 $ 875,000
Bedrooms6 Baths3.0 Sq 2,746 Monthly Estimate*
$ 6,043
for $875,000 with 6 bedrooms and 3 full baths. This 2,746 square foot home was built in 1931 on a lot size of 0.23.
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.
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FeaturesGeneralLiving Area 2746
Sewer City Sewer/Connected
Heating Boiler Fireplace(s) Heat Pump
Roof Age 8 Years or Less Architectural Shingle Rubber
Garage Spaces 3
Pool Features None
Year Built 1931
Electric Circuit Breakers 100 Amp Service
Tenant Pays Broadband Cable TV Electricity Gas Hot Water Insurance Sewer Trash Collection Water
Levels One and One Half
Property Subtype Duplex Side by Side
Tax Year 2026
Gross Income 2940
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Steeles Lake Harriet Park Add
Directions 50th to Abbott
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family Residential-Single Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 13403
Electric Expense 0
Fuel Expense 0
Trash Expense 200
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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InteriorBasement Block Daylight/Lookout Windows Partially Finished
Basement (Y/N) Y
Above Grade Finished Area 2311
Laundry Features In Basement Gas Dryer Hookup Lower Level Washer Hookup
Total Bedrooms 6
Below Grade Finished Area 435
Total Baths 3
Foundation Dimensions 10x14
Fuel Natural Gas
Garage Dimensions 18x22 and 10x22
Garage Square Feet 596
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ExteriorFencing Chain Link Wood
Parking Features Attached Garage Concrete
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.23
Building Area Total 2866
Lot Dimensions irregular
Waterfront Y/N N
Foundation Area 1470
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByHome Avenue Flat Fee RealtyBroker
amanda@homeavenue.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,043
- Monthly Property Taxes
- $1,117
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Minneapolis, MN
Average List Price $481,981
Percent of Sale Price 45%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/6/2026 | $875,000 | | Listed Price |