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Browse All Minneapolis MN Between $400K - $500K Properties for Sale

$450,000
3 Beds 3 Baths 7061095 MLS
Designed to adapt to every stage of life, this warm and welcoming home offers timeless character, exceptional craftsmanship, and thoughtful modern updates in one of Minneapolis' most walkable neighborhoods. Filled with natural light throughout every season, the flexible floor plan has comfortably served as a family home, home office, creative workspace, and guest retreat, making it easy to tailor the spaces to your own lifestyle. Original woodwork is beautifully preserved and complemented by custom solid wood built-ins crafted to match the home's historic style. The kitchen features custom solid birch cabinetry designed to replicate the original cabinets, blending classic charm with everyday convenience. Upstairs, bamboo hardwood floors and custom built-ins provide both beauty and functionality, while the versatile second level has served as bedrooms, office space, and a family room over the years. The lower level adds comfort with a spa-inspired bathroom featuring a heated floor, rain shower, and durable epoxy floors and walls for easy maintenance. Energy-efficient solar panels help offset electric costs, while the heated driveway and lower patio make Minnesota winters remarkably easier with no driveway shoveling required. Outdoor living is equally impressive, with a spacious maintenance-free deck overlooking a private backyard, complemented by upper and lower patios that create inviting spaces for entertaining or quiet relaxation. The low-maintenance landscape includes raised garden beds ready for vegetables or flowers, along with established raspberries, thornless purple raspberries, rhubarb, red currants, and an abundance of hostas and perennial gardens that provide beauty throughout the growing season. The exceptional detached garage is far more than a place to park. With in-floor heat on both levels, water service on both floors, durable steel siding and roofing, and a flexible main-level workshop or maker space, it offers endless possibilities. The upper level has comfortably served as a family room, creative studio, college student living space, or hobby area, giving future owners incredible flexibility. Perfectly positioned for an active Minneapolis lifestyle, this home is on the bus line and offers an easy bicycle commute to downtown Minneapolis, Uptown, the University of Minnesota, and St. Paul. Enjoy walking to neighborhood parks, Minnehaha Creek, grocery stores, the library, and the popular restaurants and shops along 48th & Chicago. With quick freeway access and close proximity to the Minneapolis lakes, you'll enjoy the convenience of being connected to everything the Twin Cities have to offer while coming home to a peaceful, private retreat.

4605 Portland Avenue, Minneapolis

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$429,900
3 Beds 3 Baths 7106098 MLS
Lake Nokomis living starts here! This beautifully updated 1.5-story home is nestled in the coveted Wenonah neighborhood, just two blocks from one of Minneapolis' most beloved lake areas. 3+ bedrooms, 3 FULL bathrooms move-in-ready home that blends classic character with modern updates. Beautifully updated kitchen with abundant cabinetry, generous workspace, Granite countertops, Stainless Steel appliances with stylish gas range hood. Seamless flow into the spacious living room with breakfast bar area —perfect for everyday living and entertaining. The main level offers beautiful mix of hardwood floors, white trim and doors. Two spacious bedrooms highlighted by double windows that bring in a ton of natural light and a beautifully updated full bathroom. Retreat upstairs to the private primary suite featuring decorative embossed tile ceilings, LVP flooring, and a spa-inspired ensuite with a soaking tub, separate walk-in shower, and stylish sink and vanity, and thoughtfully designed closet and storage system. The finished lower-level provides outstanding flexibility with a second full kitchen or wet bar, egress window ready for 4th bedroom opportunity, full bathroom with large soaking tub, and comfortable living area—setup for any lifestyle including for multi-generational living, an in-law suite, guest quarters, a private home office, or den / exercise space. An adjacent foyer space off the main-level kitchen offers the opportunity to create a separate entrance, enhancing the home's versatility. Sit back, relax, connect with neighbors from the fabulous front patio space and stone accents in the backyard. Location offers a perfect setting and a combination of lake amenities with a peaceful, welcoming neighborhood and nearby, local elementary school. Enjoy one of Minneapolis' most desirable neighborhoods with easy access to Lake Nokomis, parks, beaches, walking and biking trails, Minnehaha Falls, local restaurants, shopping, and easy access to major highways for easy commuting. Other updates: New AC (2023), Dishwasher (2024) Washer/Dryer and Garage door (2025), LVP flooring in lower-level (2023). A must-see Minneapolis GEM that has been thoughtfully offers a perfect combination of modern updates, flexible living space, and an unbeatable location.

5640 23rd Avenue S, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$435,000
2 Beds 2 Baths 7106631 MLS
Welcome to this exceptional Lowry Hill townhome, where thoughtful updates, abundant natural light, and an unbeatable location come together. This private end-unit offers windows on three sides, filling the home with sunshine throughout the day, including striking corner windows in both the living room and upper-level primary suite. The spacious and inviting floor plan has been enhanced with numerous updates, including a remodeled main-floor bathroom, gas fireplace replacement, a custom primary closet, a new roof in 2024, and a new water heater in 2026. New garage doors were installed in 2025, adding to the home's well-maintained appeal. The exclusive private front patio provides outstanding outdoor living space for relaxing, gardening, or entertaining guests. The attached garage offers two parking spaces, plus the convenience of additional parking directly in front of the garage thanks to its desirable end-unit location. Residents also enjoy fiber internet service and the benefits of a strong, self-managed association with low dues that have remained unchanged for the past 5 years. Nature lovers and city enthusiasts alike will appreciate the home's proximity to Thomas Lowry Park, Lake of the Isles, miles of walking and biking trails, and some of Minneapolis' most beloved destinations. Enjoy easy access to Uptown, Downtown, the Walker Art Center and Sculpture Garden, along with convenient connections to I-94 and I-35W. Combining modern updates, spacious living, and an outstanding location, this is a rare opportunity to enjoy the best of city living.

826 Summit Avenue, Minneapolis

Listing courtesy of Pemberton RE.

$450,000
4 Beds 2 Baths 7105432 MLS
Well-maintained classic brick duplex in the heart of NE Minneapolis — one of the city's most sought-after neighborhoods. Live in one unit and collect rent from the other, or lease both and let the property work for you. Original craftsmanship shines throughout: 10-foot ceilings, hardwood floors, and generous layouts that give each unit real breathing room. Both units offer 2 bedrooms and 1 full bath, with plenty of updates already done. Utilities are fully split — separate furnaces and water heaters for each unit — keeping operations clean and expenses easy to manage. The upper unit adds a private balcony. The basement provides solid storage and shared laundry access. Out back, a large detached garage handles parking and overflow storage, with additional off-street parking on top of that. Steps from NE Minneapolis's best — local restaurants, bars, breweries, and independent shops. One lease runs through the end of June, giving a new owner flexibility to move in or reset rents at market. Many recent updates include furnaces, water heaters, and updated electrical panels in each unit. Lower unit features an updated granite countertop and a complete bath remodel. Wood floors have been restained and have been polished every 2-3 years. Added insulation in the attic. Updated railing and waterproofing on second floor deck/balcony. Move-in ready. Income-producing from day one. Hard to find at this location. Schedule a showing today!

1123 5th Street NE, Minneapolis

Listing courtesy of eXp Realty.

$449,900
6 Beds 3 Baths 7102187 MLS
*Timeless Charm Meets Modern Functionality in the Heart of Minneapolis! Welcome home to this beautifully maintained 6-bedroom, 3-bathroom gem that perfectly blends classic character with everyday convenience. From the moment you step onto the inviting front porch, you'll fall in love with the warmth and charm this home has to offer. Inside, you'll be greeted by gorgeous hardwood floors, stunning original woodwork, and a spacious layout designed for comfortable living. The elegant formal dining room is perfect for hosting holiday gatherings or dinner parties, while the open kitchen offers abundant cabinet space and extra storage, making meal prep and entertaining a breeze. With six spacious bedrooms, there's room for everyone! The finished lower-level family room provides the perfect space for movie nights, a playroom, a home office, a workout area, or additional entertaining. Outside, enjoy the privacy of the fully fenced sideyard, ideal for kids, pets, gardening, or relaxing summer evenings. Fire pit & entertaining space! Located in one of South Minneapolis' most desirable neighborhoods, you'll love being just minutes from Powderhorn Park, scenic trails, local coffee shops, award-winning restaurants, neighborhood boutiques, and vibrant community events. Enjoy easy access to downtown Minneapolis, major highways, public transportation, lakes, and everything the Twin Cities have to offer. Homes with this much character, space, and location don't come along often! Whether you're looking for room to grow, a place to entertain, or simply a home filled with charm and history, this one truly checks all the boxes. Don't miss your opportunity to own this Minneapolis treasure—schedule your private showing today!

3048 Columbus Avenue, Minneapolis

Listing courtesy of Gold Door Realty LLC.

$439,000
3 Beds 1 Baths 7102918 MLS
Welcome home to this charming 3-bedroom, 1-bath home nestled in one of South Minneapolis' most desirable neighborhoods! From the moment you arrive, you'll appreciate the character and warmth this home has to offer. Inside, you'll find a cozy living room centered around a beautiful fireplace, creating the perfect gathering space for relaxing evenings or entertaining family and friends. The spacious backyard is ready for your gardening dreams, summer barbecues, or simply enjoying your own private outdoor retreat. A detached one-car garage provides convenient parking and additional storage. Looking for an opportunity to build equity? The unfinished lower level offers endless potential to create additional living space, a family room, home office, workout area, or extra storage—adding even more value to this already fantastic home. Location is everything, and this home delivers! Conveniently located near parks, local restaurants, shopping, and everyday conveniences, you'll also enjoy quick access to Lake Nokomis, Minnehaha Regional Park, trails, and major commuter routes, making it easy to enjoy everything Minneapolis has to offer. Whether you're a first-time homebuyer, investor, or someone looking for a home with incredible potential, this is an opportunity you won't want to miss. Schedule your private showing today and discover everything this South Minneapolis gem has to offer!

5332 14th Avenue S, Minneapolis

Listing courtesy of Gold Door Realty LLC.

$425,000
3 Beds 1 Baths 7077887 MLS
Welcome to this charming 1917 two-story home in the heart of Minneapolis' highly sought-after Kingfield neighborhood. Rich in character and surrounded by mature landscaping, this 3-bedroom, 1.25-bath home offers timeless architectural details, built-ins, inviting living spaces, and exceptional access to some of the city's most beloved destinations. The spacious enclosed front porch and sunroom provide a warm welcome and create the perfect spot to relax, read, or enjoy your morning coffee. Inside, you'll find a comfortable living room with a wood-burning fireplace, a formal dining room ideal for gatherings, and a functional kitchen ready for your personal touch. Upstairs are three bedrooms and a full bath featuring a skylight that fills the space with natural light. A unique balcony landing midway up the staircase overlooks the backyard and adds to the home's distinctive charm. The unfinished basement provides excellent potential to expand the finished living area and currently offers laundry, a shower, abundant storage space, and a dedicated workshop area. With 1,753 total square feet and 1,083 finished square feet, there is room to grow and customize to fit your needs. Outside, the backyard creates a private retreat with mature gardens, a firepit area, and convenient wood storage. The detached two-car garage includes an attached storage area and has been used as an artist's studio, complete with a wood-burning stove—offering flexibility for creative pursuits, hobbies, or additional workspace. The location is truly exceptional. Enjoy easy access to Lake Harriet, with the canoe dock less than a mile away. Patisserie 46 is just a few blocks south, while Nicollet Avenue's popular coffee shops, restaurants, and neighborhood businesses are only a half mile east. Convenient access to I-35W via 46th Street makes commuting throughout the Twin Cities simple. This is a rare opportunity to own a character-filled Kingfield home in one of Minneapolis' most vibrant and desirable neighborhoods. Interior photos coming soon!

4226 Grand Avenue S, Minneapolis

Listing courtesy of Edina Realty, Inc..

$500,000
8 Beds 3 Baths 7087133 MLS
Incredible Investment Opportunity Just Blocks from U.S. Bank Stadium! This high-potential property is a standout addition to any investor’s portfolio or an ambitious buyer looking to build immediate equity in one of Minneapolis’ most active and rapidly growing areas. Perfectly positioned near the Downtown East corridor, major medical centers, light rail transit, restaurants, entertainment, and employment hubs, this property offers access to a strong tenant pool year-round. The Perfect First Investment (Live Rent-Free!): This is a phenomenal opportunity for an owner-occupied, first-time investor. By moving into one space and renting out the rest, you can easily tap into the power of "house hacking"—allowing you to live virtually rent-free while generating immediate cash flow to pay down your mortgage. Versatile Layout & Value-Add Potential: The flexible layout provides excellent rental potential and multiple living areas, including additional finished living space in the attic/third level that creates added usable square footage. Bonus Value-Add: The property features updated electrical panels in the basement, setting the stage perfectly for a future basement finish to add even more equity, square footage, or rental income! With a strong rental history, updated mechanical infrastructure, and long-term appreciation potential, this property delivers a rare combination of immediate income opportunity and future upside. Don’t miss your chance to own real estate in one of the city’s most vibrant, high-demand neighborhoods. Schedule your tour today!

1818 13th Avenue S, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$400,000
3 Beds 1 Baths 7096623 MLS
Welcome to this charming and light-filled Minneapolis home in one of the city’s most desirable neighborhoods. Rich natural woodwork, beautiful hardwood floors, and abundant natural light create warmth and character throughout. The updated kitchen blends modern convenience with timeless appeal. Inviting living spaces feature a unique double-sided wood-burning fireplace shared between the living room and sunroom, creating the perfect setting for relaxing or entertaining in every season. All three bedrooms are conveniently located on the upper level, offering a functional and desirable layout. The basement provides exceptional storage space, and the recently updated air conditioning system offers added comfort and peace of mind. Thoughtful exterior improvements, including a newer roof and fresh exterior paint, enhance both curb appeal and long-term value. Outside, you’ll find a beautifully landscaped yard and a detached two-car garage, providing additional convenience and storage. Situated just minutes from the Minneapolis Chain of Lakes and within walking distance of restaurants, public transportation, shopping, and everyday conveniences, this home offers the perfect combination of classic character, thoughtful updates, and an unbeatable urban lifestyle. Don’t miss this opportunity to own a home filled with charm, comfort, and convenience in the heart of Minneapolis.

3837 Lyndale Avenue S, Minneapolis

Listing courtesy of Keller Williams Premier Realty.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

Between $400K - $500K Minneapolis Real Estate

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