12 Homes under $250,000

Welcome to the vibrant neighborhood of Minneapolis, MN, where urban living meets the charm of community spirit! Located in Hennepin County, this dynamic city is known for its rich history, diverse culture, and an array of outdoor activities that cater to all lifestyles. Minneapolis is a city that thrives on creativity, with a bustling arts scene, numerous theaters, and a plethora of galleries showcasing local talent.

For those seeking an affordable entry into the Minneapolis housing market, there are fantastic homes available for under $250,000. These properties offer not just affordability, but also the chance to own a piece of this thriving community. From cozy bungalows to modern condos, you’ll find a variety of options that cater to different tastes and needs. Many of these homes are situated in well-established neighborhoods, providing easy access to parks, restaurants, and local shops.

The neighborhood is also known for its excellent schools, making it a great choice for families. With a strong sense of community, residents often enjoy neighborhood events, farmers' markets, and seasonal festivals that bring everyone together. Plus, with the stunning Chain of Lakes nearby, you can indulge in outdoor activities like kayaking, biking, and picnicking, all while soaking in the beautiful Minnesota scenery.

Whether you’re a first-time homebuyer or looking to invest, Minneapolis offers a unique blend of urban excitement and suburban tranquility, all within a budget-friendly framework. Come explore the possibilities and find your dream home in this remarkable city!

Newest 12 Homes under $250,000

$170,900

3 Beds ⋅ 1 Baths ⋅ 7159567 MLS

3555 Thomas Avenue N, Minneapolis

Listing courtesy of National Realty Guild.

$215,000

2 Beds ⋅ 2 Baths ⋅ 7158419 MLS

Welcome to 3501 Queen Avenue N, where classic Minneapolis charm meets thoughtful updates and room to make it your own. Situated on an oversized corner lot in the Cleveland neighborhood, this 2-bedroom, 2-bath home offers a rare combination of outdoor space, convenience, and character. Step inside to find refreshed interior paint, updated flooring in an upstairs bedroom, and a comfortable layout with spacious living and dining areas. The kitchen features stainless steel appliances and recent finishing improvements, while both upstairs bedrooms offer their own unique charm. An enclosed front porch provides the perfect spot for morning coffee, a good book, or simply enjoying the neighborhood. Outside, the generous yard offers plenty of possibilities for gardening, entertaining, pets, or creating your own outdoor retreat. Recent maintenance includes furnace servicing with new burners, A/C servicing, a water heater flush, and basement plumbing repairs. Additional improvements over the years include a furnace and A/C replacement in 2020, basement drain tile system in 2022, and concrete work in 2023. The unfinished basement offers additional storage and flexibility for future possibilities. Just blocks from Victory Memorial Parkway and Theodore Wirth's outdoor recreation opportunities, with convenient access to Robbinsdale shopping, restaurants, trails, and parks. A home with character, a generous yard, and the opportunity to make it truly yours.

3501 Queen Avenue N, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$180,000

3 Beds ⋅ 1 Baths ⋅ 7153588 MLS

A future very nice home located just a few blocks from Memorial Parkway, offering an excellent opportunity for a refresh and personal touches. The kitchen features beautiful cherry wood cabinets but would benefit from updating, including the floor and ceiling. The interior wood trim remains in good condition. The roof on both the house and garage is newer, installed by Valaiant Roofing in 2022. The furnace and water heater may be approximately 7-10 years old, although their ages have not been confirmed. A tall chain-link fence surrounds the property. For comparison, the property directly across the street was in somewhat poorer condition but, after being refreshed, recently sold for $241,000. The home offers similar potential for improvement and value.

3651 Queen Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$215,000

2 Beds ⋅ 1 Baths ⋅ 7149484 MLS

INCREDIBLE BUYER INCENTIVES: $3,000 MORTGAGE CONCESSION. Opendoor Home Loans will contribute up to $3,000 towards a permanent interest rate buy-down if you finance with Opendoor Home Loans LLC. 3419 Queen Ave N is a one-story Minneapolis detached residence with a practical layout and flexible living areas. The kitchen provides white cabinetry, broad counter space, and visible appliances for everyday meal preparation. The main living area connects to an adjoining dining space, with multiple windows bringing in natural light. The primary bedroom provides practical floor area, while the bathroom includes a tub-and-shower combination and vanity storage. Basement rooms add flexible space alongside a dedicated laundry area. A rear deck extends toward the backyard, and the detached one-car garage adds covered parking and storage, completing this functional residence with useful spaces on each level. Included 100-Day Home Warranty with buyer activation

3419 Queen Avenue N, Minneapolis

Listing courtesy of Opendoor Brokerage, LLC.

$175,000

2 Beds ⋅ 1 Baths ⋅ 7138253 MLS

VA-eligible veterans — assume a 3.25% VA mortgage and save money every month vs. today's rates. Veteran buyers with VA entitlement substitution restore seller's VA benefit at closing. Major updates completed within the last five years include new siding, furnace, water heater, microwave, dishwasher, stove, and dryer, providing peace of mind for years to come. Beautiful hardwood floors have been well maintained, and the kitchen features recently updated cabinetry. Outside, enjoy a fully fenced backyard perfect for pets, play, or relaxing outdoors. A fantastic opportunity to own an updated home at an exceptional value. Schedule your showing today!

3623 Russell Avenue N, Minneapolis

Listing courtesy of Keller Williams Preferred Rlty.

$214,900

2 Beds ⋅ 1 Baths ⋅ 7132293 MLS

BACK ON THE MARKET... BUYER GOT COLD FEET. Welcome to 3739 Washburn Ave N, Minneapolis! This well-maintained home offers a fantastic opportunity for homeowners and investors alike. Inside, you'll find a bright and inviting layout with comfortable living spaces, an updated kitchen with ample cabinet storage, and generously sized bedrooms. The home features modern updates while maintaining its original charm. Enjoy a spacious backyard that's perfect for entertaining, gardening, or simply relaxing, along with off-street parking for added convenience. Located near parks, schools, shopping, restaurants, and major highways, this home offers easy access to everything Minneapolis has to offer. Whether you're looking for your first home, your next investment, or a place to make your own, this property delivers exceptional value. Don't miss your chance to schedule a showing today!

3739 Washburn Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$150,000

3 Beds ⋅ 2 Baths ⋅ 7086573 MLS

Recent updates include: Furnace 2020, Plumbing updated 2013, electrical updated 2013.

3614 Russell Avenue N, Minneapolis

Listing courtesy of eXp Realty.

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