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Active NEW!
$150,000
/mo Edit
Condo/Townhome:  Low Rise (3- Levels)
1 br • 1 ba • Built 1964
622 sqft • 0.25 acres
Minneapolis schools
MLS# 6637652
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    Property Description

    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.

    Listing

    Contingency: None
    Price per sq ft: $241
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Low Rise (3- Levels)
    Zip Code: 55417
    Neighborhood/Area: Minnehaha
    Subdivision Name: Cic 1647 50th Street Station Condo

    Interior

    Living Area: 622 ft2
    Common Wall: Yes
    Appliances Included:
    • Dishwasher
    • Disposal
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    Basement Details: Partial

    Exterior

    Stories: One
    Garage Spaces: 0
    Other Parking Spaces: 1
    Air Conditioning: Wall Unit(s)
    Foundation Size: 622 ft2
    Foundation Dimensions: 38'7x19'9
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Baseboard
    • Boiler
    • Hot Water
    Parking Features:
    • Assigned
    • Guest Parking
    • No Int Access to Dwelling
    • Open
    • Parking Lot
    • Paved
    Shared Amenities:
    • Laundry
    • Lobby Entrance
    Unit Amenities:
    • Cable
    • Ethernet Wired
    • Main Floor Primary Bedroom
    • Tile Floors
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    Exterior Material:
    • Brick/Stone
    • Stucco
    Pool: None
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Dining/Kitchen: Eat In Kitchen
    Main Level Size Sq Ft
    Living Room  17'3 x 12'3  204 
    Informal Dining Room  9'5 x 7'7  63 
    Kitchen  8'11 x 9'1  72 
    Bedroom 1  11'11 x 8'9  88 
    Bathroom  5 x 8  40 

    Lot & Land

    Acres: 0.25
    Geolocation: 44.909349, -93.207201
    Lot Dimensions: 72 x 24 x 149 x 66 x 111
    Restrictions:
    • Mandatory Owners Assoc
    • Pets - Cats Allowed
    • Pets - Dogs Allowed
    Zoning: Residential-Single Family
    Lot Description:
    • Irregular Lot
    • Public Transit (w/in 6 blks)

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $980
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $980
    Association Fee Required: Yes
    Association Fee: $380
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Hazard Insurance
    • Heating
    • Lawn Care
    • Maintenance Grounds
    • Maintenance Structure
    • Parking
    • Professional Mgmt
    • Sewer
    • Shared Amenities
    • Snow Removal
    • Trash
    Association Company: Exclusive Property Management Inc.
    Association Company Number: 651-888-4860

    Units

    Unit Number: 002

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Keller Williams Realty Integrity Lakes.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.