new - 7 days on rocket

1614 5th St NE, Minneapolis, MN, 55413

$389,000

Home List Price

$4,619*

Closing Credit

0 Baths
1,824 SqFt
$213/SqFt
Multi

Location

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1614 5th St NE, Minneapolis$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingDetached, Concrete, Storage
Garage1 space
Year Built1900
HeatingForced Air
BasementYes
MLS #6624570
StatusActive

About 1614 5th St NE

Discover this well-maintained duplex in the highly desirable Northeast Arts District. Each floor of this charming two-story duplex features two spacious bedrooms, a fully tiled bathroom, a full kitchen complete with built-in cabinetry, and a welcoming living room. Hardwood floors throughout and crafted woodwork showcase the character throughout the open space. The shared laundry area is equipped with two washers, two dryers, and a convenient laundry sink. Enjoy the benefits of a fenced yard, a one-car detached garage, with additional off-street parking. Situated just minutes from downtown and the University of Minnesota, this prime location offers unparalleled walkability to an array of shops, restaurants, and recreational activities.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Concrete, Storage

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Forced Air

School Info

Assigned Schools Information:

  • Edison High School, Public District Grades 9-12
  • Northeast Middle School, Public Magnet Grades 6-8

Other

Directions Information:

  • Directions: Head East on Broadway St NE to 5th St NE, then north to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $213/SqFt

Tax Information:

  • Annual Amount: $5,277
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

1614 5th St NE vs Minneapolis

7 DAYS ON ROCKET

-27 Days

$389,000

+$39.1K More

$213/SqFt

+$11 More

KEY TAKEAWAY

This property is $39.1K more than the Median Sold Price and $11/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6624570

Listing Office:

  • Office Name: Lakes Sotheby's International

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 8:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2015Home Sold
$259,000
Jul 20, 2007Home Sold
$208,000
Nov 10, 1998Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,277$323,000
2019$5,055$286,000
2018$4,637$255,500
2017$4,217$230,000

History based on county public records data.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2199595
2
/10

  • Northeast Middle School

  • 2955 Hayes St NE

  • 1.76 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2199596
3
/10

  • Edison High School

  • 700 22nd Ave NE

  • 0.54 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,699. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55413›1614 5th St NE

This home is located at 1614 5th St NE in Minneapolis, MN and zip code 55413 in the Sheridan neighborhood. This 1,824 square foot home was built in 1900. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $389,000.

Minneapolis, MN housing market in October 2024 saw over 356 listings sold above listed price, more than 223 sold at listed price and over 399 sold below. The number of homes for sale in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. Listings spent 34 days on the market in October 2024, and had a median list price of $349,843 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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