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5508 Chicago Avenue, 
Minneapolis, MN 55417

$485,000


4

Beds


2

Baths


3,838

Sq Ft


Multi-Family

Sold

Listed by

Travis L Erickson

RE/MAX Results

651-698-8006

MLS#

7049824

Source:

ND FMAAR

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About This Home

5508 Chicago Avenue

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!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1939

Price Summary

474,900

$123 per Sq. Ft.

MLS #:

7049824

Sold:

June 12, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Interior

Living Area:

3,838 Sq. Ft.


Structure

Structure

Building Area:

3,838 Sq. Ft.

Year Built:

1939


Lot

Lot Size (Sq. Ft):

6,098


Finances & Disclosures

Finances

Price:

$474,900

Price per Sq. Ft:

$123 per Sq. Ft.

Source:ND FMAAR
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