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$559,900

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 2 Car Garage
  • Updated 2 days ago
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Great investment opportunity or ideal owner-occupied property. This well-maintained up/down duplex sits on a prime corner lot at 50th & Newton and is move-in ready. Rent as-is or add updates to build equity and maximize rental potential. Property priced according to condition and the area can support major upgrades/updates. The corner location fills both units with abundant natural light and is walkable to parks, the beach, restaurants and shops. Each unit is in great condition and features hardwood floors, two bedrooms, one bath, wood-burning fireplaces, built-in buffets, 1 stall in the garage and charming original details throughout. Cute, clean, and easy to rent - a solid addition to any portfolio. Both units are vacant, easy to tour and a quick closing is preferred.

Full Property Details for 5000 Newton Ave S

General

  • Price: $559,900
  • Taxes: $10,452 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7014940
  • Updated: 2/17/2026
  • Added to Site: 15 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Basement, Common Area, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup, In Basement, Common Area, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup

Additional Information

  • Shared Amenities: Laundry, Patio

Exterior

  • Porch/Patio/Deck: Front Porch, Patio

Parking

  • Garage: Yes
  • Garage Description: 18 x 20
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Concrete, Garage Door Opener, No Int Access to Dwelling, More Parking Onsite for Fee

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Thornton Park 2nd Div
  • Neighborhood: 49
  • Driving Directions: 50th Street E to Newton

School Information

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

Heating & Cooling

  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block, Full, Shared Access, Storage/Locker, Storage Space, Unfinished
  • Foundation Size: 1276
  • Roof: Age Over 8 Years, Asphalt, Pitched
  • Disability Access: None
  • Square Feet: 2,552
  • Above Ground: 2,552 Sq. Ft.
  • Year Built: 1924

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 40 x 130
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Fencing (Description): Full, Privacy

Financial Considerations

  • Tax Amount: $10,452
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Gas
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 002 THORNTON PARK 2ND DIV
  • Property ID: 1602824320030

Listed by RE/MAX Results

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— 5000 Newton Ave S —

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Schools serving 5000 Newton Ave S

School District:Minneapolis Public School District
NameGradesDistance
Burroughs Elementary School
1601 West 50th Street, Minneapolis, MN 55419
K-50.3 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-81.4 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5000 Newton Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Listed
$559,900
11.09%
MLS
12/12/2017
Sold
$504,000
—
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 5000 Newton Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,452
8%
$575,000
-5%
2023
$9,658
14%
$605,000
15%
2023
$8,458
—
$526,000
1%
2023
$8,458
-8%
$522,000
—
2020
$9,224
-3%
$521,500
—
2019
$9,470
11%
$521,500
12%
2018
$8,566
8%
$465,500
10%
2017
$7,956
2%
$423,000
5%
2016
$7,813
—
$403,000
5%
2015
$7,813
28%
$384,500
16%
2014
$6,108
-1%
$331,725
—
2013
$6,139
—
$331,725
—
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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5000 Newton Avenue S, Minneapolis, MN 55419 (MLS# 7014940) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 5000 Newton Avenue S is currently listed for $559,900 and was received on February 05, 2026. Want to learn more about 5000 Newton Avenue S? 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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