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$399,900 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 2 Units
  • 7 Total Beds
  • Updated 4 days ago
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Price reduced $100,000 !!!!! *** MULTIPLE OFFERS RECEIVED. SELLER IS CALLING FOR HIGHEST AND BEST DUE BY 3PM SATURDAY JAN 10TH *** 7 bedroom duplex in Marcy Holmes available at a great price!! Features: Hardwood floors, off street parking for all tenants, in unit laundry, hardwood floors, rear deck, spacious kitchens, 55ft x 133ft lot and more! Conveniently located within walking distance to coffee shops, restaurants, bars, UofM, St Anthony Main, downtown Mpls and more! Upper unit recently rented for $2380 and the lower unit recently rented for $1875 per month.

Full Property Details for 514 5th Ave SE

General

  • Price: $399,900
  • Taxes: $8,097 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6806988
  • Updated: 1/11/2026
  • Added to Site: 87 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: In Unit, In Unit

Exterior

  • Porch/Patio/Deck: Deck

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Mill Cos Add To St Anthony Falls
  • Neighborhood: 50
  • Driving Directions: 35W to 4TH ST SE, West 2 blocks to 5th. North 1 block to home.

School Information

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

Heating & Cooling

  • Heating Type: Baseboard, Boiler, Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 1450
  • Disability Access: None
  • Square Feet: 2,950
  • Above Ground: 2,890 Sq. Ft.
  • Below Ground: 1,400 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Dimensions: 55 x 133
  • Frontage: City Street
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage

Financial Considerations

  • Tax Amount: $8,097
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Trash Collection, Water
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 010 MILL COS ADDN TO ST ANTHONY FALLS NELY 55 FT OF LOTS 4 AND 5
  • Property ID: 2402924230078

Listed by eXp Realty

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— 514 5th Ave SE —

  • eXp Realty

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Schools serving 514 5th Ave SE

School District:Minneapolis Public School District
NameGradesDistance
Webster Elementary
425 5th Street Northeast, Minneapolis, MN 55413
PK-50.7 mi
Northeast Middle School
2955 Hayes Street Northeast, Minneapolis, MN 55418
6-82.5 mi
Edison Senior High School
700 22nd Avenue Northeast, Minneapolis, MN 55418
9-121.6 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 514 5th Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$399,900
-6.98%
MLS
12/17/2025
Price Reduced
$429,900
-4.45%
MLS
12/04/2025
Price Reduced
$449,900
-5.26%
MLS
11/17/2025
Price Reduced
$474,900
-5%
MLS
10/21/2025
Listed
$499,900
25.32%
MLS
9/30/2021
Sold
$398,887
—
Public Record
Get Price Alerts and Save Property
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 514 5th Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,515
90%
$444,000
—
2023
$7,102
3%
$444,000
4%
2023
$6,875
—
$427,000
-14%
2023
$6,875
-8%
$495,000
21%
2020
$7,504
1%
$407,500
—
2019
$7,397
16%
$407,500
17%
2018
$6,390
-2%
$348,500
—
2017
$6,531
11%
$348,500
15%
2016
$5,860
-5%
$303,000
—
2015
$6,149
6%
$303,000
14%
2014
$5,809
3%
$266,000
3%
2013
$5,655
—
$257,500
—
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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Listed by eXp Realty

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514 5th Avenue SE, Minneapolis, MN 55414 (MLS# 6806988) is a Multi-Family property with 2 units containing 7 bedrooms and 0 full bathrooms. 514 5th Avenue SE is currently listed for $399,900 and was received on October 21, 2025. Want to learn more about 514 5th Avenue SE? 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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