14 Homes under $400,000

Welcome to the vibrant neighborhood of Minneapolis, MN, nestled in the heart of Hennepin County! Known for its eclectic mix of culture, art, and outdoor beauty, this city offers a unique blend of urban living and natural charm. With the stunning Chain of Lakes and an array of parks, residents can enjoy an active lifestyle while being surrounded by lush greenery.

One of the most appealing aspects of Minneapolis is its diverse housing market, particularly for those looking for homes under $400,000. Whether you’re a first-time homebuyer, a growing family, or an investor, you’ll find a variety of charming options that fit your budget. From cozy bungalows to modern townhouses, the available homes reflect the city’s rich architectural heritage while offering modern amenities.

The neighborhood boasts a strong sense of community, with friendly neighbors and local events that bring everyone together. Enjoy a leisurely stroll down the street, where you’ll find delightful cafes, boutique shops, and vibrant art galleries that showcase local talent. The Minneapolis arts scene is thriving, with theaters, music venues, and art installations that cater to all tastes.

Families will appreciate the access to quality schools and recreational facilities, while young professionals will love the proximity to downtown, where job opportunities abound. With its welcoming atmosphere, beautiful homes, and a plethora of activities, Minneapolis is not just a place to live—it's a place to thrive. Come explore the possibilities and find your dream home in this enchanting neighborhood!

Newest 14 Homes under $400,000

$385,000

4 Beds ⋅ 3 Baths ⋅ 7161179 MLS

This charming 1926 cottage-style home offers a wonderful mix of original character and thoughtful updates. Hardwood floors, original wood doors, arched openings and built-ins add warmth throughout. The formal dining room features built-in china cabinets, while the remodeled kitchen includes cherry cabinetry, granite countertops, a Monogram gas range, custom wood vent hood and stainless-steel appliances. An east-facing sunroom offers additional dining or relaxing space. Upstairs, you'll find comfortable bedrooms and a full bathroom with built-in storage. The finished lower level provides a family room, flexible bonus space/bedroom and an additional bathroom. Recent improvements include fresh paint, new carpet, newer windows, dryer 2026, dishwasher 2024, furnace replaced in 2025, A/C in 2023 and a new roof in 2020. Outside, enjoy a fenced backyard with mature trees, a two-car garage and additional parking. Conveniently located near the University of Minnesota with easy access to both downtowns.

978 17th Avenue SE, Minneapolis

Listing courtesy of Edina Realty, Inc..

$259,950

3 Beds ⋅ 2 Baths ⋅ 7157079 MLS

Charming 1912 vintage home near the U of M. Has been used as rental recently. Needs some TLC, but solid bones, lots of charm, and wonderful location. Large lot with oversized garage built (approx) late 90's or early 2000's. This could be a homestead, flip, or rental opportunity. Immediate possession is possible. House being sold "As Is".

938 17th Avenue SE, Minneapolis

Listing courtesy of Fish MLS Realty.

$319,900

3 Beds ⋅ 2 Baths ⋅ 7156978 MLS

Prime Como Neighborhood Location Near the U of M! Located in the highly sought-after Como neighborhood, this beautifully updated home offers a fantastic combination of modern updates, flexible living space, and an unbeatable location near the University of Minnesota campus. A complete renovation in 2017 included new flooring, knockdown ceiling texture, updated plumbing and electrical, along with fresh finishes throughout. The updated kitchen features white shaker-style cabinetry, tile backsplash, stainless steel appliances, and granite countertops. Both bathrooms were renovated in 2017, tiled shower, fresh paint, updated carpet, trim, and doors add to the home's move-in-ready appeal. Recent improvements include a new furnace in 2023 and a convenient kitchen beverage bar added in 2026. A new front deck is also scheduled to be completed this fall. The lower-level family room offers excellent flexibility, with a closet and a layout that was previously sectioned off as a fourth bedroom if additional sleeping space is desired. Outside, you'll find off-street parking and plenty of room to add a garage or explore the potential for an ADU, subject to applicable approvals. Enjoy easy access to the University of Minnesota, nearby coffee shops, restaurants, and all that the vibrant Como neighborhood has to offer. A thoughtfully updated home in an exceptional location—don't miss this opportunity near the U of M!

862 21st Avenue SE, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$349,000

6 Beds ⋅ 3 Baths ⋅ 7144995 MLS

Incredible investment or owner-occupant opportunity in the highly desirable University of Minnesota neighborhood! This spacious up-and-down duplex offers approximately 2,164 square feet of versatile living space. The sprawling main and lower-level unit features a generous 4-bedroom, 2-bathroom layout, perfect for maximizing rental income or comfortable living. The upper unit provides a charming 2-bedroom, 1-bathroom setup. Key capital updates bring peace of mind, including a newer furnace and a newer water heater. The property also boasts a 2-car garage, a premium asset for off-street parking in this high-demand area. Situated just minutes from campus, public transit, dining, and shopping, this turn-key property is an absolute must-see for savvy investors and buyers alike.

1076 25th Avenue SE, Minneapolis

Listing courtesy of RE/MAX Results.

$380,000

6 Beds ⋅ 2 Baths ⋅ 7154911 MLS

Welcome to an incredible opportunity in the sought-after Como neighborhood of Southeast Minneapolis! This charming two-story up/down duplex, constructed of durable stucco and brick, is an ideal investment or owner-occupant property. Perfectly situated close to a college campus, public transit, shops, trails, and more, this location ensures convenience for tenants and owners alike. The duplex boasts updated flooring and fresh paint throughout, making it move-in ready and in great shape for a new owner. Each unit features a large floor plan with 3 generous bedrooms per unit, a kitchen, and a bathroom, providing ample space for comfort and functionality. Enjoy plenty of parking available in the rear, a valuable perk in this vibrant neighborhood. The property is equipped with newer boilers and numerous updates, reducing maintenance worries and enhancing energy efficiency. This duplex is a fantastic investment in an area that attracts long-term tenants, or it can be a lovely home for an owner-occupant. Don’t miss out on this rare opportunity to own a well-maintained property in a thriving community! Schedule your showing today! Monthly rent amounts range per month for 3 bedroom units $1,800-$2,600 per month per unit in this area currently. Tenants pay gas and electric, landlord pays water and trash

1094 25th Avenue SE, Minneapolis

Listing courtesy of Mitchell Realty LLC.

$259,000

2 Beds ⋅ 1 Baths ⋅ 7152762 MLS

Sunny and bright! This beautifully updated 2-bedroom home sits in a great neighborhood and features freshly refinished original wood floors. Enjoy an updated kitchen and bathroom, new A/C and furnace, plus new siding, roofing, and windows. A 2-car garage adds convenience, while the attic and basement offer potential for additional living space. Classic charm, modern updates, and room to grow!

1040 24th Avenue SE, Minneapolis

Listing courtesy of National Realty Guild.

$329,000

5 Beds ⋅ 3 Baths ⋅ 7150702 MLS

Excelllent U of M housing option as a rental. One block from Mannings Restaurant and Como Tap. Convenient location if need to get on freeway also. New furnace New water heater Big backyard with firepit All hardwood floors.

2301 Cole Avenue SE, Minneapolis

Listing courtesy of Savvy Avenue, LLC.

$289,900

4 Beds ⋅ 2 Baths ⋅ 7147666 MLS

Welcome home to this charming, move-in ready home in the Minneapolis Como neighborhood! An inviting sunroom with warm wood paneling and French doors welcomes you inside, opening to bright living spaces and beautifully hardwood floors. The home blends classic character with thoughtful updates throughout, including new carpet and fresh interior paint in 2026. The refreshed kitchen features new cabinetry, sink, and sealed butcher block countertops, while both bathrooms have been updated with new vanities, toilets, lighting, and paneling. Outside, enjoy a deck and partially fenced yard with a removable section, offering flexibility for kids, pets, entertaining, or simply enjoying time outdoors. The oversized two-car garage provides plenty of room for vehicles along with additional storage. With its combination of character, recent updates, outdoor space, and a convenient location, this home is ready for its next owner!

919 26th Avenue SE, Minneapolis

Listing courtesy of RE/MAX Results.

$395,000

6 Beds ⋅ 2 Baths ⋅ 7143548 MLS

Spacious six bedroom, two bath home with a 3 car garage in the Como Neighborhood. Built in 2004, features a large entry foyer as you enter, the upper level boasts kitchen, dining room, living room, 3 bedrooms and a full bath. Walkout to deck off of the dining room area. The lower level includes 3 more bedrooms, a full bath, laundry area and a large family room. Oversized 3 car garage, great for parking and storage. Located near St. Anthony main and the U of MN.

1077 26th Avenue SE, Minneapolis

Listing courtesy of Morgan And Trust Realty.

$295,000

5 Beds ⋅ 2 Baths ⋅ 7083083 MLS

Step into timeless elegance with this classic 1911 South Como home, seamlessly blending old-world character with thoughtful modern upgrades. A spacious front entry greeted by a grand staircase sets the tone, leading into an updated kitchen and dining area featuring granite countertops, stailness appliances and dual expansive islands-perfect for hosting. Extensively updated in 2024, peace of mind comes standard with a new high-efficiency heat pump for year-round heating and cooling, added attic insulation, new basement flooring, and front gutter. Relax outdoors on the recently refreshed front porch or private upper balcony. -Location & Lifestyle- Quiet Setting: Tucked away on a low-traffic street with minimal, residential-only foot traffic. Neighborhood Hotspots: Steps from local coffee shops, Thai Express, Blue Door Pub, and Boludo. Prime Convenience: Under 15 minutes to virtually every amenity, park, and attraction across the Twin Cities. Move-in ready today, this property offers incredible future potential to build equity through simple cosmetic touches or by adding a custom garage. Don't miss this rare blend of historic charm, modern efficiency, and unbeatable location!

1176 14th Avenue SE, Minneapolis

Listing courtesy of Edina Realty, Inc..

$374,900

7 Beds ⋅ 2 Baths ⋅ 7114699 MLS

Investment Opportunity offering 7 bedroom home in the heart of SE Minneapolis. Well positioned single family home for consistent rental income from students of U of M, St Anthony Main. 2nd owner of this home. Buy as owner occupant or for student rentals. Walking distance to Restaurants, foods, bus top, easy access to freeways. New paint, hardwood floors, 2025 roof, new gutters. This one is another cash cow.

2223 Cole Avenue SE, Minneapolis

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$289,909

5 Beds ⋅ 2 Baths ⋅ 7110543 MLS

Turnkey 5-bedroom, 2-bath Minneapolis investment property with a long-standing Tier 1 rental license history. Currently rented for $2,540/month with tenants paying all utilities. Established rental with new furnace 2023, roof 2019, 3 lower bedrooms/3 egress windows and 3/4 bath added 2013.

1004 26th Avenue SE, Minneapolis

Listing courtesy of Bridge Realty, LLC.

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