Homes for sale under $500k in Minneapolis, MN

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ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Fantastic opportunity for buyers or investors! This 3 bdr, 1 bath property offers tremendous potential. The generous lot and flexible layout make it an ideal canvas for your vision. This house offers one-level living with plenty of closet space and an attached storage room. This property's prime location places you steps from the Cedar lake and close to all major amenities, providing an unmatched blend or recreation, walkability, and everyday convenience. Be sure to stop by today - this is a rare opportunity you won't want to miss!

$409,000

3 beds1 bath1,296 sq ft

4625 W 28th St, Minneapolis, MN 55416

One-level living • Flexible layout • Prime location

ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Beautifully remodeled Bungalow in convenient Ericsson neighborhood. This home feels, flows and looks great. Enjoy wonderful living spaces, great room sizes, 4BR/2BA floor plan, upper-level bonus/ loft space, detached 1-car garage, and spacious basement for extra storage. Updates include NEW ROOFING, WINDOWS, NEW FURNACE/AC, DUCTWORK, WATER HEATER, remodeled kitchen, quality bathroom updates, stainless steel appliances, new flooring, fresh paint and much more. . Located just 1 block from Lake Hiawatha park & beach, Minnehaha Creek, and countless walking & biking trails. Walk to SunBean Coffee and restaurants like Busters on 28th and Bills Garden. Turn-key and excellent value!

$405,000

4 beds2 baths1,478 sq ft

4524 29th Ave S, Minneapolis, MN 55406

New furnace • New roofing • Spacious basement

ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Stunning 4 Bedroom Smart Home with Modern Upgrades! Welcome to this beautifully updated 4 bed, 2 bath home with a tuck-under garage, perfectly blending comfort, style, and technology. This fully smart home features a modern updated kitchen with gorgeous cabinetry and newer appliances, ideal for everyday living and entertaining. The main level boasts 3 spacious bedrooms and a beautifully updated bathroom with heated floors. The fully finished lower level includes the 4th bedroom, and 2nd bath, along with a large living space ready for your dream home theater. Step outside to a private, fully fenced backyard with a large deck—perfect for relaxing or entertaining. The yard is equipped w

$405,000

4 beds2 baths2,196 sq ft

7326 11th Ave S, Minneapolis, MN 55423

Large deck • Modern upgrades • Private backyard

ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Welcome to Harvester Lofts, where this chic condo on the 3rd floor marries artistic style with a vibrant location. The spacious living area displays the soaring eleven foot ceilings and floor to ceiling windows that flood the home with natural light. Just beyond those windows is the private balcony, a space to grill out with guests, or to watch the city wake up with a cup of coffee. Inside the living room has a custom wood feature wall and original exposed concrete pillars. The kitchen is a chic delight, with Carrera marble countertops and backsplash, a spacious custom center island with clever built-in storage, and a premium reverse osmosis filtration system for drinking water. This one be

$400,000

1 bed1 bath940 sq ft

618 Washington Ave N #304, Minneapolis, MN 55401

$591 HOA • Garage • Built 1916

ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Gorgeous Bloomington Rambler with an extensive renovation recently completed. You won't believe the amazing amount of space in this home! Recent updates include a Fabulous Kitchen remodel including an expansion, Stone Countertops, Stainless Steel Appliances and Luxury Vinyl Flooring; Bathrooms both Remodeled; Gleaming Natural Oak Hardwood Floors on the main level, Several Dining Options including - Living Room/Dining Room, Eat In Kitchen or even using the addition off the kitchen as a Dining Room/Family Room; Fully updated lighting throughout, Gas Fireplace, recently added Lower Level Third Bedroom with Egress Window, New Carpeting, Freshly Painted Interior, Two huge Family Rooms - Dependi

$400,000

3 beds2 baths2,700 sq ft

9824 Fremont Ave S, Minneapolis, MN 55431

Extensive renovation • Stone countertops • 0.42 acre lot

Property at 401 S 1st St #601, Minneapolis, MN 55401, 2 beds, 2 baths

$400,000

2 beds2 baths1,358 sq ft

401 S 1st St #601, Minneapolis, MN 55401

Property at 1644 Princeton Ave, Minneapolis, MN 55416, 3 beds, 1 bath

$400,000

3 beds1 bath1,290 sq ft

1644 Princeton Ave, Minneapolis, MN 55416

Property at 2241 Pennsylvania Ave S, Minneapolis, MN 55426, 3 beds, 2 baths

$400,000

3 beds2 baths1,482 sq ft

2241 Pennsylvania Ave S, Minneapolis, MN 55426

Property at 1400 Texas Ave S, Minneapolis, MN 55426, 4 beds, 2 baths

$400,000

4 beds2 baths1,835 sq ft

1400 Texas Ave S, Minneapolis, MN 55426

Property at 2908 30th Ave NE, Minneapolis, MN 55418, 3 beds, 2 baths

$400,000

3 beds2 baths1,790 sq ft

2908 30th Ave NE, Minneapolis, MN 55418

Property at 328 13th Ave NE, Minneapolis, MN 55413, 3 beds, 2 baths

$400,000

3 beds2 baths1,848 sq ft

328 13th Ave NE, Minneapolis, MN 55413

Property at 3212 33rd Ave NE, Minneapolis, MN 55418, 3 beds, 2 baths

$400,000

3 beds2 baths2,556 sq ft

3212 33rd Ave NE, Minneapolis, MN 55418

Property at 1201 Yale Pl #403, Minneapolis, MN 55403, 2 beds, 3 baths

$400,000

2 beds3 baths1,780 sq ft

1201 Yale Pl #403, Minneapolis, MN 55403

Property at 4319 Harriet Ave, Minneapolis, MN 55409, 3 beds, 2 baths

$400,000

3 beds2 baths1,602 sq ft

4319 Harriet Ave, Minneapolis, MN 55409

Property at 3236 Hennepin Ave, Minneapolis, MN 55408, 4 beds, 1 bath

$400,000

4 beds1 bath1,790 sq ft

3236 Hennepin Ave, Minneapolis, MN 55408

Property at 3724 Bloomington Ave, Minneapolis, MN 55407, 6 beds, 2 baths

$399,999

6 beds2 baths2,384 sq ft

3724 Bloomington Ave, Minneapolis, MN 55407

Property at 1410 Hillsboro Ave S, Minneapolis, MN 55426, 4 beds, 2 baths

$399,900

4 beds2 baths1,877 sq ft

1410 Hillsboro Ave S, Minneapolis, MN 55426

Property at 2726 Humboldt Ave S Unit B, Minneapolis, MN 55408, 2 beds, 4 baths

$399,900

2 beds4 baths1,441 sq ft

2726 Humboldt Ave S Unit B, Minneapolis, MN 55408

Property at 823 20th Ave NE, Minneapolis, MN 55418, 6 beds, 2 baths

$399,900

6 beds2 baths2,484 sq ft

823 20th Ave NE, Minneapolis, MN 55418

Property at 5100 S France Ave S #305, Minneapolis, MN 55410, 2 beds, 2 baths

$399,900

2 beds2 baths2,076 sq ft

5100 S France Ave S #305, Minneapolis, MN 55410

Property at 3852 22nd Ave S, Minneapolis, MN 55407, 3 beds, 2 baths

$399,900

3 beds2 baths2,048 sq ft

3852 22nd Ave S, Minneapolis, MN 55407

Property at 8444 12th Ave S, Minneapolis, MN 55425, 4 beds, 2 baths

$399,900

4 beds2 baths1,600 sq ft

8444 12th Ave S, Minneapolis, MN 55425

Property at 3251 Louisiana Ave S #302, Minneapolis, MN 55426, 2 beds, 2 baths

$399,900

2 beds2 baths1,787 sq ft

3251 Louisiana Ave S #302, Minneapolis, MN 55426

Property at 1306 Valders Ave N, Minneapolis, MN 55427, 2 beds, 2 baths

$399,900

2 beds2 baths2,200 sq ft

1306 Valders Ave N, Minneapolis, MN 55427

Property at 904 9th Ave SE, Minneapolis, MN 55414, 6 beds, 2 baths

$399,900

6 beds2 baths2,376 sq ft

904 9th Ave SE, Minneapolis, MN 55414

Property at 4323 Wentworth Ave, Minneapolis, MN 55409, 3 beds, 2 baths

$399,900

3 beds2 baths1,461 sq ft

4323 Wentworth Ave, Minneapolis, MN 55409

Property at 3443 Garfield Ave, Minneapolis, MN 55408, 5 beds, 2 baths

$399,900

5 beds2 baths1,324 sq ft

3443 Garfield Ave, Minneapolis, MN 55408

Property at 8157 Taylor St NE, Minneapolis, MN 55432, 4 beds, 2 baths

$399,900

4 beds2 baths2,134 sq ft

8157 Taylor St NE, Minneapolis, MN 55432

Property at 7631 Harold Ave, Minneapolis, MN 55427, 3 beds, 5 baths

$399,900

3 beds5 baths2,767 sq ft

7631 Harold Ave, Minneapolis, MN 55427

Property at 5003 Fairview Ave N, Minneapolis, MN 55429, 3 beds, 2 baths

$399,900

3 beds2 baths1,644 sq ft

5003 Fairview Ave N, Minneapolis, MN 55429

Property at 709 7th St SE, Minneapolis, MN 55414, 6 beds, 3 baths

$399,900

6 beds3 baths3,063 sq ft

709 7th St SE, Minneapolis, MN 55414

Property at 7344 Sheridan Ave S, Minneapolis, MN 55423, 4 beds, 2 baths

$399,900

4 beds2 baths1,753 sq ft

7344 Sheridan Ave S, Minneapolis, MN 55423

Property at 3820 40th Ave S, Minneapolis, MN 55406, 3 beds, 2 baths

$399,900

3 beds2 baths1,872 sq ft

3820 40th Ave S, Minneapolis, MN 55406

Property at 4651 Colorado Ave N, Minneapolis, MN 55422, 5 beds, 2 baths

$399,900

5 beds2 baths2,280 sq ft

4651 Colorado Ave N, Minneapolis, MN 55422

Property at 10610 Humboldt Ave S, Minneapolis, MN 55431, 4 beds, 3 baths

$399,900

4 beds3 baths2,148 sq ft

10610 Humboldt Ave S, Minneapolis, MN 55431

Property at 100 3rd Ave S #1001, Minneapolis, MN 55401, 1 bed, 1 bath

$399,000

1 bed1 bath1,010 sq ft

100 3rd Ave S #1001, Minneapolis, MN 55401

Property at 4131 Jersey Ave N, Minneapolis, MN 55427, 5 beds, 4 baths

$399,000

5 beds4 baths2,520 sq ft

4131 Jersey Ave N, Minneapolis, MN 55427

Property at 100 3rd Ave S #1801, Minneapolis, MN 55401, 1 bed, 1 bath

$399,000

1 bed1 bath1,010 sq ft

100 3rd Ave S #1801, Minneapolis, MN 55401

Property at 6029 Oakland Ave, Minneapolis, MN 55417, 3 beds, 2 baths

$397,500

3 beds2 baths2,252 sq ft

6029 Oakland Ave, Minneapolis, MN 55417

Property at 4708 W 102nd St, Minneapolis, MN 55437, 3 beds, 2 baths

$396,000

3 beds2 baths1,652 sq ft

4708 W 102nd St, Minneapolis, MN 55437

Property at 1802 Mckinley St NE, Minneapolis, MN 55418, 3 beds, 3 baths

$395,900

3 beds3 baths2,715 sq ft

1802 Mckinley St NE, Minneapolis, MN 55418

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Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Homes for sale under $500k in Minneapolis

There are currently 1205 homes for sale under $500k in Minneapolis. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Minneapolis stay on the market for 50 days and receive 1 offers. Popular neighborhoods include North Loop, Linden Hills, Macalester-Groveland, Northeast Minneapolis, and Southwest Minneapolis. This map is refreshed with the newest listings in Minneapolis every 15 minutes.

In the past month, 415 homes have been sold in Minneapolis. In addition to houses in Minneapolis, there were also 521 condos, 68 townhouses, and 209 multi-family units for sale in Minneapolis last month. Minneapolis is a fairly walkable city in Minnesota with a Walk Score of 71. Minneapolis is home to approximately 381,729 people and 296,671 jobs. Find your dream home in Minneapolis using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Minneapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Minneapolis. Our Minneapolis real estate stats and trends will give you more information about home buying and selling trends in Minneapolis. If you're looking to sell your home in the Minneapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Minneapolis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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Homes for sale under $500k in Minneapolis, MN

Homes for sale under $500k in Minneapolis

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