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5200 Nicollet Avenue

Minneapolis, MN 55419

– beds
– baths
3,044 sqft
$226 per sqft
1941 build
– on site

A rare opportunity to acquire a Triplex in the heart of Minneapolis' Tangletown neighborhood - known for its tree-lined streets and walkability. This classic property offers a blend of character and functionality. Two of the three units feature a sought-after Townhouse style layouts with 2 levels of above ground living and opportunity to expand further with basement space ready to be finished. The third unit, a top floor one bedroom has been recently renovated with a fully updated bathroom, refinished hardwood floors and fresh interior finishes. The current owner has replaced 5200s heating system and the 9w heating system has also been replaced in the last 5 years, along with a roof less than 6 years old, some of the major capital expenses have been addressed. A shard backyard patio and proximity to Minnehaha Parkway help add to the desirability of the property.

Listing courtesy of NORTHSTAR / Nathan Morris / DMR Realty INC

Last checked: Checking… • Last updated Apr 19, 2025 •

MLS# 6702933 —

The Building

Year Built:

1941
New Construction:

false
Age Of Property:

84
Construction Materials:

Vinyl Siding, Wood Siding
Construction Materials Desc:

Block,Frame
Roof:

Age 8 Years or Less
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1024.0000
Basement:

Partially Finished
Basement:

true
Foundation Area:

1024
Building Area Total:

3044
Above Grade Finished Area:

2532
Below Grade Finished Area:

512

Room Dimensions

Living Area:

3044

Location

Directions:

On the corner or Nicollet and W 52nd.
Latitude:

44.908618
Longitude:

-93.278348

The Property

Parcel Number:

1502824340081
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Triplex
Additional Parcels:

false
Lot Features:

Corner Lot
Lot Size Area:

0.11
Lot Size Dimensions:

70x70
Lot Size Units:

Acres
Topography:

Level
Road Frontage Type:

City Street
Road Responsibility:

Public Maintained Road
Fencing:

Wood
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

9099
Tax With Assessments:

9099.0000

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air

Utilities

Electric:

Circuit Breakers, Fuses
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Three

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Johansons Washburn Park Add
Association Amenities:

Patio
Assessment Pending:

Unknown

Parking

Parking Features:

Attached Garage, Concrete
Garage Spaces:

2
Garage Dimensions:

21x22
Garage SqFt:

462

Extra Units

# of Units Total:

3

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/18/25 Apr 18, 2025	Listed / Active	NORTHSTAR	$689,900	30.2% (12.4% / YR)
11/14/22 Nov 14, 2022		NORTHSTAR	$530,000	-3.6%
10/1/22 Oct 1, 2022		NORTHSTAR	$550,000

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This multifamily located in Southwest Minneapolis, Minneapolis, MN 55419 is currently for sale for $689,900. 5200 Nicollet Avenue is a 3,044 square foot multifamily with – beds and – baths that has been on Estately for 3 days. 5200 Nicollet Avenue is in the Southwest Minneapolis neighborhood of Minneapolis and has a WalkScore® of 53, making it somewhat walkable. This multifamily is in the attendance area of Washburn High School, Justice Page (Ramsey) Middle School, and Burroughs Community School.

Listing Courtesy of: NORTHSTAR and DMR Realty INC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.