Homes for sale under $500k in Minneapolis, MN

1,206 homes

Sort:

Price (high to low)

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

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $500k in Minneapolis, MN
Welcome to your new home featuring hardwood floors, sunlit spaces and a fantastic fenced backyard. As you enter the home, you'll notice the hardwood floors gleaming in the sunlight! The living room is the perfect place for gathering with friends and family. Easy access to the kitchen ensures the chef of the family will still be able to participate in the festivities! Kitchen features include ample cabinet space, stainless appliances, beautiful backsplash and an eat in space for quick meals. Two bedrooms on the main level also feature large windows! A full bath and bonus room (labeled 'porch' on the floor plan) round out the main level. The bonus room is the perfect space for a dining room,

$409,000

3 beds2 baths1,907 sq ft

2960 Zarthan Ave S, Minneapolis, MN 55416

6,098 sq ft lot • Garage • Built 1948

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
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
Welcome to Cedarhurst Neighborhood in St. Louis Park. Location, Location, Location! This home is surrounded by everything that you could possibly imagine…Shops at West End, walking & biking trails, entertainment, lakes, quick freeway access, minutes to Downtown Minneapolis and everything the city has to offer. This beautifully renovated cottage home has been transformed into your dream home. Freshly updated with new paint, all new flooring (LVP on main and new carpet on lower level) newer stainless appliances, mechanicals and new roof. This one has it all and so much more. The yard was freshly landscaped last year and offers expansive side yard. In addition, it backs up to a v

$400,000

3 beds1 bath1,290 sq ft

1644 Princeton Ave, Minneapolis, MN 55416

Expansive side yard • New flooring • New roof

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 9824 Fremont Ave S, Minneapolis, MN 55431, 3 beds, 2 baths

$400,000

3 beds2 baths2,700 sq ft

9824 Fremont Ave S, Minneapolis, MN 55431

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 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 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 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 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 618 Washington Ave N #304, Minneapolis, MN 55401, 1 bed, 1 bath

$400,000

1 bed1 bath940 sq ft

618 Washington Ave N #304, Minneapolis, MN 55401

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

$397,000

3 beds2 baths1,602 sq ft

4319 Harriet Ave, Minneapolis, MN 55409

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

Viewing page 5 of 9

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 1206 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.

More real estate resources for Minneapolis, MN

More to explore in Minneapolis, MN

Featured
Price

How to buy a house in Minneapolis, MN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Minnesota

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

Homes for sale under $500k in Minneapolis, MN

Homes for sale under $500k in Minneapolis

More real estate resources for Minneapolis, MN

Neighborhoods

Nearby Cities

Zip Codes

More to explore in Minneapolis, MN

How to buy a house in Minneapolis, MN

Popular Markets in Minnesota