5136 Hiawatha Avenue 002, Minneapolis, MN 55417

$150,000 Asking Price

1 bed
1 bath
622  sqft
Built in 1964

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.

Features & Amenities

Interior

Rooms:
Living Room, Informal Dining Room, Kitchen, Bedroom 1, Bathroom
Master Bath:
Main Floor Full Bath
Appliances:
Dishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
Dining:
Eat In Kitchen
Basement:
Partial
A/C:
Wall Unit(s)
Heating:
Baseboard, Boiler, Hot Water
Fireplace:
Fireplaces: 0

Exterior

Pool:
None
Parking:
Assigned, Guest Parking, No Int Access to Dwelling, Parking Lot, Paved, Open

Construction

Roofing:
Age Over 8 Years, Asphalt
General:
One

Location

Road/Access:
City Street, Curbs, Paved Streets, Sidewalks
HOA Amenities:
Common Laundry, Lobby Entrance, Maintenance Structure, Hazard Insurance, Heating, Lawn Care, Maintenance Grounds, Parking, Professional Mgmt, Trash, Sewer, Shared Amenities, Snow Removal, 380.0, Monthly
Originating MLS:
northstar
School District:
Minneapolis
County:
Hennepin

Lot

Zoning:
1702823320018

Utilities

Utilities:
Circuit Breakers
Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
Keller Williams Integrity Realty

About Minneapolis, MN

Housing

Number of Units
501,191
Median Home Value
$295,889
Median Rent
$1,111

41.20% of housing units are renter occupied.

4.62% are vacant.

Commute

Car
57.04%
Public Transportation
5.26%
Walk to Work
2.90%
Work from Home
32.97%
Other
0.69%

The median travel time to work is 17 minutes.

People

Population
1,128,226
Median Age
37.20
Median Household Size
2.55

Education

High School
18.39%
Associate’s Degree
8.82%
Bachelor’s Degree
30.05%
Graduate Degree
17.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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