1 Homes under $400,000

Welcome to the vibrant and diverse neighborhoods of Minneapolis, MN, where urban charm meets a welcoming community spirit. Nestled in Hennepin County, Minneapolis is known for its stunning lakes, lush parks, and a rich tapestry of cultural experiences. This city is a perfect blend of modern amenities and historic charm, making it an ideal place for families, young professionals, and anyone looking to embrace the lively Minnesota lifestyle.

For those seeking affordable housing options, you'll be delighted to discover a variety of homes available for under $400,000. Whether you're a first-time homebuyer or looking to downsize, Minneapolis offers a range of properties that cater to different tastes and needs. From cozy bungalows and charming duplexes to modern townhomes, the real estate market here is both diverse and inviting.

The neighborhoods in Minneapolis boast unique character and community vibes. Areas like Linden Hills offer picturesque streets lined with unique shops and eateries, while North Loop is celebrated for its trendy atmosphere and proximity to the Mississippi River. Each neighborhood has its own distinct flavor, ensuring that you’ll find a place that resonates with your lifestyle.

Living in Minneapolis means you'll enjoy easy access to excellent schools, vibrant arts and entertainment, and a plethora of outdoor activities. With a strong sense of community and a commitment to sustainability, this city is not just a place to live; it's a place to thrive. Explore the possibilities of calling Minneapolis home and discover the perfect property that fits your budget and lifestyle!

Newest 1 Homes under $400,000

$350,000

4 Beds ⋅ 1 Baths ⋅ 7156412 MLS

Welcome to 6001 Thomas Avenue South, where timeless Minneapolis character meets the comfort and convenience of today's living! Nestled on a large corner lot, this inviting home offers a wonderful combination of classic details, stylish updates, comfortable living spaces, and a location that puts so much of Minneapolis within easy reach. Step inside and immediately appreciate the warmth of beautiful hardwood floors, freshly painted neutral walls, and an abundance of natural light. The welcoming living room features a gorgeous bay window that brings the outdoors in, creating a bright and cheerful space to relax, entertain, or simply enjoy the changing Minnesota seasons. Additional windows enhance the airy atmosphere, while crisp white trim adds a fresh, timeless finishing touch. The updated kitchen is both attractive and functional, featuring crisp white shaker-style cabinetry, stainless steel appliances, a stylish mosaic tile backsplash, generous cabinet storage, and plenty of countertop space for everyday cooking and meal preparation. Its clean, contemporary finishes beautifully complement the home's traditional character. The main-level bedrooms offer hardwood flooring and natural light, while the upper- level bedrooms provide comfortable retreats with soft carpeting and neutral finishes. The full bathroom features an updated vanity, decorative tilework, and a beautifully tiled tub and shower surround with contrasting accent details. Looking for additional room to spread out? The finished lower level provides a spacious and versatile area with attractive flooring, recessed lighting, and built-in cabinetry. Whether you envision a cozy movie room, game room, workout space, hobby area, or a comfortable place to gather with friends, this flexible space offers plenty of possibilities. Outside, you'll appreciate the established neighborhood setting, mature shade trees, partial fence, and space to enjoy the outdoors. The detached garage and generous paved parking area add everyday convenience, while the home's attractive exterior combines rich gray siding, crisp white trim, and stone accents for appealing curb presence. With its blend of traditional charm, tasteful improvements, flexible living areas, and convenient South Minneapolis location, this home offers a wonderful opportunity to enjoy everything city living has to offer. Come discover the possibilities and imagine this home as your own.

6001 Thomas Avenue S, Minneapolis

Listing courtesy of Athena Realty +.

$379,900

3 Beds ⋅ 1 Baths ⋅ 7157360 MLS

Welcome Home! This beautifully updated 3 bed/1 bath home in the heart of the Armatage neighborhood of South Minneapolis features newly refinished hardwood floors, fresh neutral paint, new carpet, updated lighting, and recently installed vinyl windows. The kitchen boasts brand-new appliances, stunning quartz countertops, new soft-close cabinets, and low-maintenance luxury vinyl tile. Rest easy knowing major components have been recently replaced, including a gas water heater (2026), furnace/central A/C (2025), and roof (2023). Truly a move-in-ready home in an unbeatable location close to parks, lakes, dining, and shopping. Don't miss the opportunity to make 5745 Morgan Ave yours!

5745 Morgan Avenue S, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$369,900

3 Beds ⋅ 2 Baths ⋅ 7149925 MLS

Set in South Minneapolis’ Armatage Neighborhood, this updated 3-bedroom, 2-bath rambler pairs move-in-ready updates with a highly walkable location. Inside, new paint throughout, new luxury vinyl plank flooring across the main living areas, and new carpet in the bedrooms create a clean, updated feel. The living room is anchored by a floor-to-ceiling brick fireplace, while the remodeled kitchen features all new SS appliances, granite countertops, and cabinets. All three bedrooms are conveniently located on the main level, and the dining area opens directly to a concrete patio for easy indoor-outdoor living. The finished lower level adds a huge family/rec room, full bathroom, and new washer. A two-car detached garage adds everyday convenience. Walk to Armatage Park, Colita, Book Club, Red Wagon Pizza, Lunds & Byerlys, and more. The shops and dining at 50th & France are just five minutes away, plus you’ll have convenient access to public transportation and the airport.

5837 Russell Avenue S, Minneapolis

Listing courtesy of Kris Lindahl Real Estate.

$340,000

3 Beds ⋅ 1 Baths ⋅ 7136494 MLS

Welcome to a fantastic opportunity in the highly desirable Armatage neighborhood of Southwest Minneapolis! Situated on a desirable corner lot, this home offers classic Minneapolis character, original hardwood floors and plenty of potential to make it your own. One of the property's standout features is its convenient off-street driveways welcome alternative to the typical alley-access parking found throughout the neighborhood. The corner lot also offers excellent access and potential for the addition of a larger garage door making it a two garage, giving the next owner an opportunity to further improve the property and add long-term value. Inside, you'll find the warmth and character of original wood floors along with a functional layout ready for your personal touches and improvements. Whether you're looking for a home to enjoy as-is, renovate over time or build equity through thoughtful updates, this property offers an exciting opportunity in an established Southwest Minneapolis neighborhood. Enjoy convenient access to Armatage Park, neighborhood schools, Minnehaha Creek, local restaurants and shops, and everything Southwest Minneapolis has to offer. A great combination of location, character, lot and future potential. Bring your ideas and make this Armatage home your own!

5900 Thomas Avenue S, Minneapolis

Listing courtesy of Edina Realty, Inc..

$379,000

3 Beds ⋅ 1 Baths ⋅ 7140362 MLS

If you are looking for a classic, well maintained Armatage rambler with 3 bedrooms on one level and 2 wood burning fireplaces...here is your next home! Fenced-in backyard with plenty of room for activities, hardwood floors refinished in 2023, new water heater -2023, New furnace in 2008 and new AC in 2016 and completely new garage in 2016! Finished 26x14 family room with wood-burning fireplace in lower level and plenty of storage in the 25x11 unfinished utility room and 15x11 unfinished laundry room! Authentic 1955 features intact and in good condition for the mid-century modern purist. Come see!

6032 Logan Avenue S, Minneapolis

Listing courtesy of Edina Realty, Inc..

$339,900

4 Beds ⋅ 1 Baths ⋅ 7131502 MLS

Welcome to this beautifully updated, move-in ready home nestled in the highly sought-after Armatage neighborhood! This charming 1.5-story home blends timeless character with thoughtful modern updates, featuring a remodeled kitchen and bathroom, beautiful hardwood floors, fresh paint in the main-level front bedroom, new interior doors, and a new refrigerator. The finished lower level provides additional versatile living space with an egress window, perfect for a family room, home office, guest space, or recreation area. Outside, you’ll find a beautifully refreshed yard with professional landscape maintenance, fresh mulch, trimmed bushes, root removal, a backyard that’s perfect for entertaining, relaxing, or pets. The interior has been thoroughly cleaned, making this home truly move-in ready. Complete with a detached garage and ideally located just minutes from parks, lakes, trails, restaurants, shopping, and everything Southwest Minneapolis has to offer, this home combines modern updates, classic charm, and an unbeatable location. Don’t miss your opportunity to own this exceptional home! Buyer and buyer’s agent to verify all measurements, information, and property details. Information deemed reliable but not guaranteed and subject to errors and omissions and change without notice.

6133 Thomas Avenue S, Minneapolis

Listing courtesy of National Realty Guild.

$329,900

2 Beds ⋅ 1 Baths ⋅ 7105735 MLS

Welcome to this well-maintained rambler situated on a rare spacious corner double lot in the desirable Armatage neighborhood! Offering plenty of outdoor space, this home features a large backyard, a deck, and a spacious screened in porch just off the kitchen—perfect for relaxing mornings or evenings. Inside, you'll find two main-level bedrooms, a full bathroom, and an office with the potential to be converted into a third bedroom. The living room showcases tray ceilings and a large bay window that fills the space with natural light. The eat-in kitchen offers abundant counter space and cabinets. The finished lower level provides an oversized family room complete with a cozy wood-burning fireplace and a wet bar featuring a sink and refrigerator. A workshop area with air compressor lines already installed offers a great space for hobbies or projects, while generous storage can be found throughout the home. Additional highlights include a heated garage, convenient access to major highways and local amenities. Schedule your showing today!

2600 W 60th Street, Minneapolis

Listing courtesy of eXp Realty.

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