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5136 Hiawatha Ave Unit 002, Minneapolis, MN, 55417

$150,000

Home List Price

$1,781*

Closing Credit

1 Bedroom
1 Full Bath
622 SqFt
$241/SqFt
Condo

Location

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5136 Hiawatha Ave Unit 002, Minneapolis$150,000

Buyer Closing Credits

$1,781*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open
Year Built1964
HeatingBaseboard, Steam, Hot Water
CoolingWall Unit(s)
BasementYes
MLS #6603273
StatusActive

About 5136 Hiawatha Ave Unit 002

Ever dreamed of owning a slice of South Minneapolis that pays for itself? At 5136 Hiawatha Avenue #002, your real estate fantasies and financial goals collide in a symphony of smart design and savvy investing. This garden-level condo, nestled in a cozy 6-unit building, isn't just a home—it's your ticket to the Airbnb big leagues, having already flexed its hosting muscles with a cool $25,000+ in 2023 revenue alone. Step inside this 1964-built garden-level unit, where 622 square feet of versatility awaits. The kitchen features quartz countertops, a suite of modern appliances, and enough cabinet space to store recipes and cookware. And just when you thought storage was at a premium, closets pop up like magic throughout, turning this compact condo into a clutter-busting haven. Just across the hall, your private assigned storage space stands ready to swallow up those seasonal decorations or that inflatable kayak you swear you'll use someday. In the rear open-air parking lot, you get your very own assigned parking spot—a premium in Minneapolis whether you're an owner-occupant or a short-term guest. And the building is centrally located near METRO Blue Line light rail, Nokomis East Gateway Gardens, Sea Salt Eatery, and Minnehaha Falls. Whether you're nesting or investing, this turnkey treasure is primed to turn your real estate dreams into reality—all at a price point that won't give your wallet nightmares. Welcome home to 5136 Hiawatha Avenue #002, where practicality meets possibility in the heart of South Minneapolis.

Property Details

Property Features

Property Information:

  • Year Built: 1964
  • Living Area: 622 SqFt

Listing Office:

  • Office Name: Keller Williams Integrity Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open

Virtual/3D Tour

  • 3D Tour: 5136 Hiawatha Ave Unit 002
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Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Baseboard, Steam, Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: From MN-62 E, exit right for Minnehaha Avenue / MN-55 W. Turn left to go north on MN-55 W. Turn left to go west on E 54th Street. Turn right to go north on 46th Avenue S. Turn right to go southeast on 47th Avenue S, and the property will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000
  • Price Per SqFt: $241/SqFt

HOA Fees:

  • Amount: $380
  • Frequency: Monthly
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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

5136 Hiawatha Ave Unit 002 vs Minneapolis

31 DAYS ON ROCKET

-3 Days

$150,000

-$199.8K Less

$241/SqFt

+$39 More

KEY TAKEAWAY

This property is $199.8K less than the Median Sold Price and $39/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: #6603273

Listing Office:

  • Office Name: Keller Williams Integrity Realty

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Last updated on: 11/17/2024, 10:22:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$1,196

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-608389
8
/10

  • Horace Mann School

  • 2001 Eleanor Ave

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-608390
6
/10

  • Northrop Community School

  • 4315 31st Ave S

  • 1.42 miles

  • Public District Grades KG-5

school-card-donut-608391
10
/10

  • Jie Ming Mandarin Immersion Academy

  • 1845 Sheridan Ave

  • 1.49 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,688. Typical income of Minneapolis, MN residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5136 Hiawatha Ave Unit 002

What is the listing price of this property?

The listing price of 5136 Hiawatha Ave Unit 002 property is $150,000.

What type of property is this?

The property 5136 Hiawatha Ave Unit 002 is a condo located in Minneapolis, Minnesota, 55417.

Is this property for sale now?

Active Listing: 5136 Hiawatha Ave Unit 002 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5136 Hiawatha Ave Unit 002 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 5136 Hiawatha Ave Unit 002 is 622 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5136 Hiawatha Ave Unit 002 is 1964.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55417›5136 Hiawatha Ave Unit 002

This home is located at 5136 Hiawatha Ave Unit 002 in Minneapolis, MN and zip code 55417 in the Sunrise Park neighborhood. This 622 square foot home was built in 1964. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $150,000.

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 listings in Minneapolis, MN increased by 9.3% between September 2024 and October 2024. In October 2024 median list price was $349,843 and the average listing age was 34 days.

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

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