10 Homes under $250,000

Welcome to the vibrant and diverse neighborhoods of Minneapolis, MN, where urban charm meets natural beauty! Nestled in Hennepin County, Minneapolis is a city that boasts a rich tapestry of culture, art, and community spirit. From the picturesque lakes to the bustling downtown, this city has something for everyone.

One of the most appealing aspects of Minneapolis is its variety of neighborhoods, each offering a unique character and lifestyle. Whether you’re drawn to the historic architecture of Northeast Minneapolis, the trendy shops and eateries of Uptown, or the family-friendly atmosphere of Linden Hills, there’s a perfect spot for you to call home. The city is also known for its excellent parks and recreational opportunities, with over 200 miles of biking and walking trails, as well as access to the stunning Chain of Lakes.

For those seeking affordable housing options, Minneapolis offers a selection of charming homes priced under $250,000. These properties provide an excellent opportunity for first-time homebuyers, investors, or anyone looking to downsize without compromising on quality of life. Many of these homes feature classic designs, spacious yards, and proximity to local amenities, ensuring you can enjoy all that the city has to offer without breaking the bank.

In addition to its affordable housing market, Minneapolis is renowned for its strong sense of community, vibrant arts scene, and delicious culinary offerings. With a thriving local economy and a commitment to sustainability, this city is not just a place to live—it's a place to thrive. Come explore the possibilities in Minneapolis, where your dream home awaits!

Newest 10 Homes under $250,000

$155,000

1 Beds ⋅ 2 Baths ⋅ 7146024 MLS

Stunning views of the Mississippi River from this unique and spacious Rivertower Loft. This custom 1BR 2BA condo features an open floor plan with amazing natural light from east facing windows. Enjoy the modern kitchen with granite counter tops and stainless steel appliances, updated bathrooms, wood flooring, plenty of closet space, and much more! Amenities include indoor pool, fitness room, whirlpool, sauna, tennis courts, game room, outdoor green space and more. Garage parking options available. Just a short distance from the U of M, US Bank Stadium, Guthrie, Light Rail, Bars and Restaurants, and the parks and paths along the Mississippi River. The best of urban living!

1920 S 1st Street Unit 906, Minneapolis

Listing courtesy of DRG.

1920 S 1st Street Unit 1508, Minneapolis

$91,000

1 Beds ⋅ 1 Baths ⋅ 7138910 MLS

Elevated fifteenth floor views of the Mississippi and the Minneapolis skyline place you right at the heart of the city while giving you a quiet sanctuary above it. Step outside and you are in the middle of everything: walk or bike to the Mississippi River, University of MN campus, restaurants, coffee shops, parks and transit. New windows fill this move-in ready 1 bedroom, 1 bathroom condo with natural light all day, in the only high-rise in the neighborhood. This building offers so much: secured access, staffed front desk, indoor heated pool, hot tub, sauna, gym, tennis and pickleball courts, woodworking shop, bike storage and a secured bike room, EV charging, car wash, on-site laundry, and green space with grills for relaxing with friends. Heated underground and covered garage parking available with auto-open access. Heat, air conditioning, electricity, gas, water, sewer, trash and Xfinity internet all included in association dues. Two pets (dog or cat) allowed.

1920 S 1st Street Unit 1508, Minneapolis

Listing courtesy of Adam Brokerage Services.

$84,900

1 Beds ⋅ 1 Baths ⋅ 7137362 MLS

Updated 1 bedroom 1 bathroom unit just steps from the elevator. Newer stainless steel appliances and LVP flooring. Quiet secure building with 24 hour security. Walking distance to U of M West bank campus. Building has heated indoor pool, hot tub, sauna, exercise room, hobby room, community room with full kitchen, game room, tennis/pickleball court, outdoor patio with grills, laundry room, storage lockers and several options for underground or surface parking. HOA fee covers everything! (Heat, electric, gas, A/C, High Speed Internet, Cable, Water/Sewer, Trash/Recycling, Hazard Insurance and use of all amenites!) Just move in and enjoy.

1920 S 1st Street Unit 408, Minneapolis

Listing courtesy of eXp Realty.

$170,000

2 Beds ⋅ 2 Baths ⋅ 7119584 MLS

Experience exceptional value, convenience, and amenities at Riverview Tower in Minneapolis' vibrant Cedar-Riverside neighborhood. Ideally located near Bohemian Flats and the University of Minnesota's West Bank Campus, this established high-rise community offers direct access to miles of scenic walking and biking trails along the Mississippi River. This 2-bedroom, 2-bath unit boasts a fully updated kitchen with granite countertops, stainless steel appliances, and a brand new fridge. The spacious primary suite offers double closets and a private bath with a tiled walk-in shower. The second bedroom has plenty of space for an office with a full guest bath right across the hall. HOA dues include all utilities, cable, internet, and access to an impressive collection of amenities. With stunning city views, this turnkey condo is ready for you to call home!

1920 S 1st Street Unit 802, Minneapolis

Listing courtesy of Edina Realty, Inc..

$117,900

1 Beds ⋅ 1 Baths ⋅ 7106523 MLS

Welcome to your new cozy sanctuary in the heart to Minneapolis' Cedar-Riverside neighborhood! This open concept condominium was formerly an artist's studio and is the perfect combination of quiet, low-maintenance urban living, historic charm, and accessibility! This end-unit condo includes one assigned parking space in the rear lot, a perennial garden maintained by the Homeowner's Association, and sits conveniently just blocks from the University of Minnesota West Bank campus, Augsburg University, M Health Fairview Hospital, public transportation, major highways, and local dining. Freshly painted this summer, the unit offers a unique layout in a one-of-a-kind community with a tuckpointed exterior (2025), shared storage, and on-site laundry. Schedule a showing today to explore everything this special home has to offer!

1816 S 5th Street Unit B, Minneapolis

Listing courtesy of Douglas Miller.

1920 S 1st Street Unit 1903, Minneapolis

$149,900

2 Beds ⋅ 2 Baths ⋅ 7105699 MLS

Rare opportunity to enjoy amazing views of the Mississippi, Stone Arch Bridge, and downtown skyline from the 19th floor! This remodeled two-bedroom unit features an open and remodeled kitchen with stainless steel appliances and granite countertops, new flooring in the living room, dining room, kitchen, & hallway, and a large primary bedroom with a private full bathroom. Close to the University, light rail, river, restaurants, and downtown. Parking options: $40/mo for outdoor parking; $55/mo for unheated garage parking ( B and Lobby levels) $80/mo for heated garage parking (A level).

1920 S 1st Street Unit 1903, Minneapolis

Listing courtesy of RE/MAX Results.

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