$550,000

5711 Xerxes Avenue SMinneapolis, MN 55410

Type: Multi-Family

2 Units

Description

This clean and updated side-by-side duplex delivers dependable cash flow from day one along with flexible options for future use. Each unit feels bright and comfortable with hardwood floors, practical layouts, and smart updates that add polish. The 5713 unit is leased as of 1/19, providing immediate income, while the 5711 unit is currently vacant—perfect for an owner-occupant or for securing a new tenant at market rents. Located in the heart of Armatage, this property provides easy access to Armatage Park, neighborhood dining favorites, and major conveniences including 50th & France, Southdale, the Galleria, and MOA.

MLS ID: 7006935

Directions: 62, exit onto Xerxes Ave S northbound, home on right

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Property Details

Essential Details

MLS #: 7006935

Listing courtesy of: Edina Realty, Inc.

Price: $550,000

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $56,376

Operating Expense: $18,670

Annual Insurance Expense: $8,620

Annual Other Expense: $1,700

Annual Water/Sewer Expense: $3,842

Owner Pays: All Utilities, Insurance, Repairs, Taxes

Parking Features: Detached Garage, Asphalt

Garage SqFt: 480

Garage Spaces: 2

Building Details

Finished SqFt Total: 3,024

Finished Above Grade: 1,512

Finished Below Grade: 1,512

Fireplace: No

Construction Materials: Frame

AccessibilityFeatures: None

Roof: Asphalt

Heating: Forced Air

Foundation Area: 1,512

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Refrigerators: Two

Lot Details

Complex/Dev/Sub Name: Harriet Manor

Lot Dimensions: 50X127

Fence: None

Road Frontage: City Street, Sidewalks, Street Lights

School Information

District: Minneapolis

District Number: 558

District Phone: 6126680000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 20

Survey Township: 28

Taxes

Tax Year: 2025

Tax Amount: $9,216

Assessment Pending: No

Taxes w/Assessments: $9,216

This listing was last updated by Edina Realty, Inc. on 1/22/2026 at 3:39 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 2/1/2026 1:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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