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$486,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 5 Total Beds
  • 2 Car Garage
  • Updated 1 day ago
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Great owner occupant or investor opportunity! This turnkey property features spacious units with updated kitchens & baths, stainless steel appliances, central A/C, and amazing tile floors throughout all 3 levels! Other details include vinyl windows, one new boiler in 2021, and a detached 2 car garage with additional off street parking. The upper unit is a 2 bed 1 bath, and the lower unit is a 3 bed 2 bath with an opportunity to add an additional 4th bedroom in the basement! Each unit pays their own heat/gas and electricity. They also have their own boilers, water heaters, and central A/C units! Phenomenal location close to may shops, restaurants, and entertainment!

Full Property Details for 5725 Nicollet Ave

General

  • Price: $486,000
  • Taxes: $7,944 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7032421
  • Updated: 3/14/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 5

Other Rooms

  • Laundry: In Basement, In Hall, Lower Level, Main Level, In Basement, In Hall, Lower Level, Main Level

Parking

  • Garage: Yes
  • Garage Description: 20 x 22
  • Garage Spaces: 2
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Villa Park
  • Neighborhood: 86
  • Driving Directions: W Diamond Lake Rd to Nicollet Ave

School Information

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

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished
  • Foundation Size: 992
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,728
  • Above Ground: 1,960 Sq. Ft.
  • Below Ground: 968 Sq. Ft.
  • Finished Down/Base.: 2,928 Sq. Ft.
  • Year Built: 1966

Unit Information

  • Units w/Refrigerators: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 126 x 40
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Tax Amount: $7,944
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Insurance, Sewer, Taxes, 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: LOT 022 BLOCK 003 VILLA PARK
  • Property ID: 2202824130166

Listed by RE/MAX Results

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Schools serving 5725 Nicollet Ave

School District:Minneapolis Public School District
NameGradesDistance
Windom School
5821 Wentworth Avenue, Minneapolis, MN 55419
PK-50.2 mi
Anthony Middle School
5757 Irving Avenue South, Minneapolis, MN 55419
6-81 mi
Southwest High School - SWS
3414 West 47th St, Minneapolis, MN 55408
9-122.7 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 5725 Nicollet Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/13/2026
Listed
$486,000
14.35%
MLS
3/08/2021
Sold
$425,000
—
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 5725 Nicollet Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,944
19%
$437,000
5%
2023
$6,657
-14%
$417,000
-10%
2023
$7,714
—
$461,000
16%
2023
$7,714
51%
$399,000
13%
2020
$5,120
-13%
$352,435
8%
2019
$5,902
11%
$325,000
12%
2018
$5,319
3%
$290,000
6%
2017
$5,143
-3%
$274,500
—
2016
$5,300
6%
$274,500
12%
2015
$4,979
—
$246,000
7%
2014
$4,996
-1%
$229,500
—
2013
$5,024
—
$229,500
—
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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5725 Nicollet Avenue, Minneapolis, MN 55419 (MLS# 7032421) is a Multi-Family property with 2 units containing 5 bedrooms and 0 full bathrooms. 5725 Nicollet Avenue is currently listed for $486,000 and was received on March 13, 2026. Want to learn more about 5725 Nicollet Avenue? Do you have questions about finding other Multi-Family real estate for sale in Windom? You can browse all Windom real estate or contact a Coldwell Banker agent to request more information.

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