5508 Chicago Avenue, Minneapolis, MN 55417
- $485,000
- 4
- BD
- 2
- BA
- 2,386
- SqFt
- Sold Price
- $485,000
- List Price
- $474,900
- Closing Date
- Jun 12, 2026
- MLS#
- 7049824
- Status
- CLOSED
- Type
- Multifamily
- Style
- (MF) Duplex Side X Side
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,386
- Acres
- 0.14
- Subdivision
- Park Ave Terrace
- Neighborhood
- 17
- Year Built
- 1939
Property Description
Welcome to 5508 and 5510 Chicago Ave, a charming, classic all brick side by side duplex perfectly situated between Diamond Lake and Lake Nokomis. This beautiful property has timeless character with strong investment potential, making it an excellent opportunity for both homeownership and as an investment. Each unit has two bedrooms and a full bathroom, along with hardwood floors throughout. The layout of each unit is nearly identical, yet the updates and design of each space bring individuality and appeal. Separate basement areas (one side is partially finished) offer added privacy along with additional storage or potential for future use if finished to maximize space. With a fully fenced landscaped back yard and a nice cozy deck, this home offers great space to relax and enjoy the warmer months. Located just one block north of Todd Park and a few blocks from Pearl Park, this home has easy access to provide a great outdoor lifestyle while being within city limits. Occupants will also appreciate the walkable proximity to Lake Nokomis and Minnehaha Parkway, along with Kowalski’s, local shops and restaurants. The location offers convenient access to major roadways like 77, 62, and 35W and is just a short drive to the airport, making travel simple and efficient. Renting one unit will be easy because the current owner plans to stay on as a renter. You will have an opportunity to meet with the current owner before purchasing the duplex. This duplex delivers on location, character, and long term value!
Additional Information
- School District
- Minneapolis
- Amenities Shared
- Deck
- Tax Year
- 2026
- Fencing
- Wood
- Fuel
- Natural Gas
- Lot Description
- Public Transit (w/in 6 blks), Tree Coverage - Light
- Sewer
- City Sewer/Connected
- Roof
- Asphalt
- Heating
- Forced Air
- Water
- City Water/Connected
- Basement
- Block, Daylight/Lookout Windows, Storage Space, Unfinished
- Parking
- Detached Garage
- Garage Spaces
- 2
Mortgage Calculator
Listing courtesy of RE/MAX Results.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.