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511 5th Ave SE has 21 photos, giving renters a helpful quick glimpse of the property. The overall assessment points to a property with useful visual detail and balanced appeal across the key factors considered.
Things you’ll love
| 4BR/1.0BA | 4 bed | 1 bath | 1,260 sqft | $2,150 /mo | 1 unit available | Welcome to this spacious 4-bedroom, 1-bath lower-level duplex ideally located just minutes from the University of Minnesota, Dinkytown, and Northeast Minneapolis. Whether you're heading to class, meeting friends for coffee, or enjoying the area's restaurants, shops, and nightlife, you'll appreciate the convenience of this highly sought-after location. Inside, you'll find four generously sized bedrooms, durable luxury vinyl plank flooring throughout, and the convenience of an in-unit washer and dryer. The functional layout provides plenty of space for roommates while maintaining a comfortable feel throughout the home. Step outside and enjoy the large front porch—perfect for relaxing after a long day—as well as a driveway with valuable off-street parking. This home offers the ideal combination of space, comfort, and location for students or anyone looking to be close to the heart of Minneapolis. Pets will be considered with owner approval. Property Information Utilities Included: NONE Tenant Paid Utilities: ALL - Gas, electric, water/sewer, trash/recycling, and lawn/snow care. Tenants are responsible for 50% of the water/sewer and trash bill for the property Pets: Conditionally allowed with additional $500 nonrefundable fee per pet and a $50/month pet rent per pet. Lawn Care & Snow Removal: Tenants are responsible for all lawn and snow care. The rent price has been appropriately adjusted to provide reasonable consideration for these responsibilities, ensuring compliance with state and local laws. Agency Disclosure: Fuze RE is an authorized agent of the property owner and represents them as their property management company. Fuze RE is committed to honesty and fair dealings with tenants and prospective tenants. Fuze RE and the property owner will adhere to all applicable laws related to this transaction. Rental Acceptance Criteria: https docs google com document d 1gwhW8sPXx8oCbWnRos2kvBfoj9sRWXcqdyvKZauBc-g edit?usp=sharing MINNEAPOLIS PROPERTIES ONLY: Applicants for properties located in Minneapolis are screened no stricter than what is allowed per the Minneapolis Inclusive Screening Criteria guidelines that can be found at www minneapolismn gov Fuze RE Fees & Requirements Application Fee: $50 Lease Origination Fee: $300 Move-in Funds: Include the security deposit, first full month’s rent, lease origination fee, and non-refundable pet fee, if applicable. Renter’s Insurance: Tenant must obtain renter’s insurance with no less than $100,000 in liability coverage prior to moving in. Utility Accounts: Any utility accounts to be paid directly by the tenant must be in the tenant's name prior to moving in. ESA Disclaimer: At Fuze RE, we are committed to supporting the proper and responsible use of Emotional Support Animals (ESAs). We strictly adhere to all federal and state laws, which require verified documentation from a licensed healthcare professional for each ESA. |
Let's explore this property.
Apartment Amenities
| Hardwood Floor | Patio |
| Porch | Utilities Included |
Appliances
| Dishwasher | In-Unit Laundry |
| Oven | Oven/Range |
| Range | Refrigerator |
| Washer and Dryer |
Building
| Onsite Laundry |
One-time.
One-time. Refundable.
| Units | 2 |
|---|
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). Lawn Care & Snow Removal: Tenants are responsible for all lawn and snow care. The rent price has been appropriately adjusted to provide reasonable consideration for these responsibilities, ensuring compliance with state and local laws 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 is committed to honesty and fair dealings with tenants and prospective tenants. VSM and the property owner will adhere to all applicable laws related to this transaction. Rental Acceptance Criteria: https docs google com document d 1gwhW8sPXx8oCbWnRos2kvBfoj9sRWXcqdyvKZauBc-g edit?usp=sharing MINNEAPOLIS PROPERTIES ONLY: Applicants for properties located in Minneapolis are screened no stricter than what is allowed per the Minneapolis Inclusive Screening Criteria guidelines that can be found at www minneapolismn gov VSM Fees & Requirements Application Fee: $50 Lease Origination Fee: $300 Move-in Funds: Include the security deposit, first full month’s rent, lease origination fee, and non-refundable pet fee, if applicable. Renter’s Insurance: Tenant must obtain renter’s insurance with no less than $100,000 in liability coverage prior to moving in. Utility Accounts: Any utility accounts to be paid directly by the tenant must be in the tenant's name prior to moving in. ESA Disclaimer: At VSM Real Estate, we are committed to supporting the proper and responsible use of Emotional Support Animals (ESAs). We strictly adhere to all federal and state laws, which require verified documentation from a licensed healthcare professional for each ESA.
How 511 5th Ave SE compares to other nearby properties.
Positives
Considerations
4-bedroom apartments at 511 5th Ave SE cost about 7% less than the average rent price for 4-bedroom apartments in Marcy - Holmes.
| Month | Median Rent |
|---|---|
| June 2024 | $1,042 |
| July 2024 | $1,031 |
| August 2024 | $1,083 |
| September 2024 | $1,070 |
| October 2024 | $1,041 |
| November 2024 | $1,025 |
| December 2024 | $1,015 |
| January 2025 | $993 |
| February 2025 | $1,001 |
| March 2025 | $1,006 |
| April 2025 | $978 |
| May 2025 | $967 |
| June 2025 | $1,014 |
| July 2025 | $982 |
| August 2025 | $1,033 |
| September 2025 | $1,019 |
| October 2025 | $993 |
| November 2025 | $988 |
| December 2025 | $1,098 |
| January 2026 | $1,079 |
| February 2026 | $1,088 |
| March 2026 | $1,077 |
| April 2026 | $1,032 |
| May 2026 | $1,024 |
| June 2026 | $1,023 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,200 |
| July 2024 | $1,201 |
| August 2024 | $1,268 |
| September 2024 | $1,238 |
| October 2024 | $1,107 |
| November 2024 | $1,295 |
| December 2024 | $1,314 |
| January 2025 | $1,355 |
| February 2025 | $1,219 |
| March 2025 | $1,371 |
| April 2025 | $1,327 |
| May 2025 | $1,330 |
| June 2025 | $1,324 |
| July 2025 | $1,395 |
| August 2025 | $1,352 |
| September 2025 | $1,205 |
| October 2025 | $1,123 |
| November 2025 | $1,176 |
| December 2025 | $1,199 |
| January 2026 | $1,191 |
| February 2026 | $1,137 |
| March 2026 | $1,172 |
| April 2026 | $1,119 |
| May 2026 | $1,119 |
| June 2026 | $1,123 |
Can I afford to live at 511 5th Ave Se?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
$86,000/yr
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Marcy - Holmes | Minneapolis, MN