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$325,000 Contingent

  • For Sale
  • Contingent
  • Multi-Family
  • 2 Units
  • 2 Total Beds
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Gorgeous, fully renovated duplex in the heart of the NE Arts District. Surrounded by restaurants, parks, shops, cafés, and everything this vibrant neighborhood is known for, this property offers modern updates and incredible convenience. Both units have been thoughtfully remodeled with new kitchens, updated baths, and beautiful wood floors throughout. Upper unit: One bedroom, an updated kitchen and bathroom, a generous closet, plus a bonus room ideal for an office or creative space. Main-floor unit: Spacious layout with an updated kitchen and bath, hardwood floors, and great natural light. Large fenced-in lot and newly added off street car parking pad for added convenience . Additional peace of mind comes with a new roof installed in 2022. A fantastic opportunity for an owner-occupant or an investor looking to maximize rental income in one of Minneapolis' most sought-after neighborhoods.

Full Property Details for 1318 5th St NE

General

  • Price: $325,000
  • Taxes: $7,861 (2025)
  • Status: Contingent
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7030246
  • Updated: 3/9/2026
  • Added to Site: 29 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Cutters Add
  • Neighborhood: 68
  • Driving Directions: Broadway Street, north to 5th Street NE, home on west side.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 856
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 1,516
  • Above Ground: 1,516 Sq. Ft.
  • Below Ground: 856 Sq. Ft.
  • Finished Down/Base.: 2,372 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 135 x 40 x 135 x 40
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Irregular Lot

Financial Considerations

  • Tax Amount: $7,861
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 005 BLOCK 004 CUTTERS ADDN TO MPLS
  • Property ID: 1402924240040
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1318 5th St NE —

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Schools serving 1318 5th St NE

School District:Minneapolis Public School District
NameGradesDistance
Pillsbury Elementary School
2250 Northeast Garfield Street, Minneapolis, MN 55418
PK-51.4 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-81.9 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1318 5th St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/07/2026
Listed
$325,000
0.46%
MLS
8/31/2018
Sold
$323,500
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1318 5th St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,861
13%
$431,000
-1%
2023
$6,942
-3%
$434,000
-3%
2023
$7,181
—
$446,000
20%
2023
$7,181
46%
$372,000
34%
2020
$4,914
67%
$278,000
43%
2019
$2,939
13%
$194,385
13%
2018
$2,612
12%
$171,495
15%
2017
$2,341
-29%
$149,150
-13%
2016
$3,307
10%
$171,000
15%
2015
$3,013
49%
$148,500
35%
2014
$2,027
6%
$109,910
7%
2013
$1,907
—
$102,825
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1318 5th Street NE, Minneapolis, MN 55413 (MLS# 7030246) is a Multi-Family property with 2 units containing 2 bedrooms and 0 full bathrooms. 1318 5th Street NE is currently listed for $325,000 and was received on March 05, 2026. This property is listed by Patti Schmidt-Iverson from our South Regional Office.Want to learn more about 1318 5th Street NE? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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