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Updated 7 hours ago

511 5th Ave SE


Minneapolis, MN

4 Bed
1 Bath

1,260 Sq. Ft.

Available Now
4 Beds • 1 Bath
$1,950
1260 ft2
1 Available
Managed By: Vsm Real Estate Llc
Updated about 7 hours ago

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Unit 1
$1,950
Available Now
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View Rented Units
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5 Beds • 2 Bath
$2,400
1260 ft2
0 Available
Managed By: ShowMojo
Updated over 1 month ago

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AVAIL 09/01 - BEAUTIFUL AND PRACTICAL 4 BED NEAR UMN CAMPUS, NE MNPLS & DINKYTOWN
$2,400
Rented
View
6 Beds • 2 Bath
$2,200
1260 ft2
0 Available
Managed By: Vsm Real Estate Llc
Updated over 1 month ago

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511 5th Ave SE Unit 2
$2,200
Rented
View
6 Beds • 2 Bath
$2,200
1260 ft2
0 Available
Managed By: ShowMojo
Updated over 1 month ago

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Flexible Lease Length!! Spacious 6 Bedroom, 2 Bathroom Upper-Level Unit of Duplex near U of M, Dinkytown & NE Minneapolis
$2,200
Rented
View
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
86
Very Walkable
Transit Score®
64
Good Transit
Bike Score®
99
Biker's Paradise
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Meal Plan Available
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Lease & Fees
Security Deposit: $1,950.0
Property details
Description

Charming 4 Bedroom Lower Unit of Duplex near U of M, Dinkytown & NE Minneapolis - Discover comfort and convenience in this expansive 4-bedroom, 1-bathroom residence. Perfectly situated within walking distance of The University of Minnesota, Dinkytown, and the dynamic Northeast Minneapolis area.

Indoors, enjoy the convenience of in-unit laundry and the enduring charm of LVP flooring. Outdoors, make the most of off-street parking in the driveway and relax on the expansive front porch.

This unit is primed for you to make it your own. Don't miss out on this chance! Available Now!

Property Information:
-Tenant Paid Utilities: gas, electric, water, trash, internet, cable
-Lawn/Snow Care: Tenants are responsible for lawn care and snow removal and will receive a $200. monthly rent credit. This rent credit is reflected in the advertised monthly rent (actual lease amount will read $2,150).
-Pets: Conditional with owner approval.

Agency Disclosure:
VSM Real Estate is an authorized agent of the property owner and represents them as their property management company. VSM owes tenants and prospective tenants' honesty and fair dealings. VSM and the property owner will adhere to all applicable laws related to this transaction.

Basic Qualifications:
-Income must be at least 2.5 to 3x the rent.
-Additional qualifications will follow the Minneapolis Inclusive screening criteria to the strictest standards.

VSM Fees & Requirements:
-Application Fee: $50
-Lease Origination Fee: $250
-Move in funds include security deposit, first full month’s rent, lease origination fee, and non-refundable pet fee, if applicable.
-Tenant must obtain renter’s insurance with no less than $50,000 in liability coverage prior to moving in.
-Any utility accounts that are to be paid directly by tenant, must be in tenants name (by tenant) prior to moving in.

Additional Details
Account Type: Other
Total Unit Count: 2
Last Updated: Updated 7 hours ago
Contact Number: (612) 208-2079
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
US Internet Corp. 10000.0 10000.0
Arvig Enterprises, Inc. 1000.0 1000.0
Comcast Corporation 987.0 35.0
ViaSat, Inc. 100.0 3.0
Nextera Holdings, LLC 50.0 50.0
Data from June 2020 provided by the FCC
Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 511 5th Ave SE by bedroom type below.
4 Bedroom
Suggested income:
$70,200
per year
Rent report

511 5th Ave SE Rent vs. Minneapolis Average

 511 5th Ave SE      Minneapolis Average
4BR
$1,950
$2,564
$0
$850
$1,700
$2,550
$3,400

511 5th Ave SE is asking 24% less than the average 4 bedroom apartment in Minneapolis.

If you downsized to an average priced Minneapolis 3 bedroom apartment, you would pay 14% less per month.

511 5th Ave SE provides 24% less square footage than the average Minneapolis 4 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
511 5th Ave SE
4BR $1,950 $1.50 $5,850
Minneapolis Average
Studio $1,158 $2.40 $3,475
1BR $1,389 $2.10 $4,166
2BR $2,074 $2.00 $6,221
3BR $2,248 $1.70 $6,744
4BR $2,564 $1.60 $7,693

Availability in Minneapolis

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 1,864 1BR units on the market in Minneapolis. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
20% 44% 27% 6% 2%
Available Units in Minneapolis
Studio 848
1BR 1,864
2BR 1,165
3BR 264
4BR 93
Location
Nearby Colleges
Campus Buildings and Attractions
Distance Walking Biking Driving
Educational Sciences Building 1.1 mi 22 min 6 min 3 min
Northrop Auditorium 1.2 mi 22 min 8 min 3 min
Recreation and Wellness Center 1.4 mi 27 min 9 min 3 min
Carlson School of Management 1.4 mi 28 min 8 min 3 min
TCF Bank Stadium 1.5 mi 29 min 10 min 4 min
Nearby Hospitals
Name Distance
Hennepin County Medical CTR 1.25 mi.
University Of Minnesota Medical Center Fairview East Bank Er 1.26 mi.
University Of Minnesota Medical Center East 1.27 mi.
Nearby Fire Stations
Name Distance
Glenwood Fire Department 2.06 mi.
Minneapolis Fire Department 2.23 mi.
Metropolitan Airports Commission 2.23 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 1,260 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 4 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
511 5th Ave SE has a 4 bedroom unit starting at $1,950.
Where is this property located?
This property is at 511 5th Ave SE in Minneapolis, MN. It's 1.0 miles east from the center of Minneapolis.
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