2 Homes under $400,000

Welcome to the vibrant neighborhoods of Minneapolis, MN, where urban charm meets suburban tranquility! Nestled in Hennepin County, Minneapolis is known for its rich cultural scene, stunning parks, and a strong sense of community. Whether you’re a first-time homebuyer or looking to downsize, the city offers an array of homes under $400,000 that cater to diverse lifestyles and preferences.

In neighborhoods like Nokomis, you’ll find tree-lined streets and a friendly atmosphere, perfect for families and outdoor enthusiasts alike. The area boasts proximity to serene lakes and parks, making it an ideal setting for weekend picnics or morning jogs. Homes here often feature classic architecture with modern updates, providing both character and comfort.

Over in the Northeast Arts District, creativity flourishes with its eclectic mix of galleries, breweries, and trendy eateries. This vibrant community is perfect for those who appreciate a lively atmosphere. Homes in this area under $400,000 often showcase unique designs and are within walking distance of local hotspots, ensuring you’re never far from the action.

For those seeking a more suburban feel, the neighborhoods surrounding Minnehaha Creek offer charming bungalows and well-maintained properties. Here, you can enjoy the peace of residential life while still being just a short drive from the bustling downtown.

With diverse options and a welcoming community, Minneapolis is a fantastic place to call home. Discover your perfect property today and experience all that this remarkable city has to offer!

Newest 2 Homes under $400,000

$370,000

4 Beds ⋅ 2 Baths ⋅ 7160999 MLS

Beautifully updated home featuring original hardwood floors, abundant natural light, and spacious living areas. The updated kitchen offers white cabinetry, stainless steel appliances, and ample storage. Enjoy a bright front sunroom perfect for a home office or sitting area, comfortable bedrooms, updated bathrooms, and mature trees surrounding the property. Conveniently located near parks, shopping, dining, and major commuter routes, this move-in-ready home offers the perfect blend of charm, functionality, and modern updates. There is the potential of finishing the attic to have a beautiful family room or a 5th bedroom. 2 car garage.

1312 27th Avenue NE, Minneapolis

Listing courtesy of RE/MAX Results.

$355,000

4 Beds ⋅ 2 Baths ⋅ 7150568 MLS

Welcome to this nicely renovated 4-bedroom, 2-bath home in Minneapolis’ desirable Audubon Park neighborhood. Set on a double lot with a large, flat backyard, this home offers a great combination of comfortable living space, outdoor room, and a location that is hard to beat. This 2-story home's floor plan is one of the home’s best features, with one bedroom, a full bath, and the laundry room all on the main level! This is a layout that works well for everyday living and is increasingly hard to find, and could also be a great option for multigenerational living. The kitchen has plenty of cabinet/counter space, and additional storage is tucked around the corner. The kitchen is located in the center of the home and is open to the informal dining area. The layout provides a nice connection between the kitchen, dining space, laundry, and 3-season porch. This is a great floorplan and works well for our everyday living and entertaining. On the second level you'll find three additional comfortable bedrooms and the 2nd full bath. The home has been thoughtfully updated with new windows in the 3-season porch, new lighting, water heater, and bath shower/surround. The driveway provides off-street parking, and while there is no garage, the double lot offers plenty of space to enjoy the outdoors. The flat backyard is ideal for play, gardening, entertaining, or simply enjoying the extra room. Audubon Park is known for its quiet, friendly, residential feel while still being close to shopping, restaurants, coffee shops, parks, and other favorite neighborhood spots. It’s a very walkable area with plenty to enjoy nearby. The home has also been used as a short-term rental, and plans for an ADU are available, offering additional possibilities for the next owner. A unique property with a versatile floor plan, great outdoor space, and a neighborhood location that makes it easy to feel at home.

2518 Buchanan Street NE, Minneapolis

Listing courtesy of Keller Williams Realty Integrity.

$370,000

3 Beds ⋅ 2 Baths ⋅ 7138540 MLS

This classic NE Minneapolis 2 story is the one you’ve been waiting for! 10/10 location right on the border of Audubon Park and Windom Park with so many wonderful features and updates. The main level features original woodwork, hardwood floors, a grand coffered ceiling in dining room, and fully renovated kitchen. Lower level offers tons of storage space and ¼ bathroom. Upper level includes 3 bedrooms plus a full bathroom. Step outside onto your 3-season porch and enjoy well-kept and tidy backyard with full fence surround. Updates include new roof, soffits, fascia & downspouts (2025), reverse osmosis system (2024), new exterior concrete (2023), central AC (2021), full kitchen remodel (2021), and radon mitigation system (2021). Make it yours today!

2523 Arthur Street NE, Minneapolis

Listing courtesy of Coldwell Banker Realty - Southwest Regional.

$399,900

3 Beds ⋅ 2 Baths ⋅ 7120776 MLS

**Ask how you can purchase this home with a free 1-0 buydown from our preferred lender.** Completely redone duplex in the popular Northeast Minneapolis neighborhood. Main level unit with bedroom, 3/4 bathroom, and front porch. Upper level unit has 2 bedrooms, 3/4 bathroom, back porch and a bonus loft area for a reading nook or storage. Lower area includes mechanicals and the laundry space. Wonderful sized yard with a like new garage in the back. One stall garage has a new concrete floor (2026), new siding outside (2026), new door (2026), and opener (2026)! Other notable items: 2 new water heaters (2026), 2 new AC units (2026), 1 newer furnace, 2 new electric panels and electrical throughout (2026), ALL new windows (2026), 2 new kitchens (2026) with gas ranges and stainless steel appliances, 2 new 3/4 bathrooms with tile showers (2026)! Roof was completed by previous seller (2018). Rents are estimates!

2623 Polk Street NE, Minneapolis

Listing courtesy of HOMESTEAD ROAD.

$339,000

5 Beds ⋅ 2 Baths ⋅ 7113198 MLS

OCATION! LOCATION! Unique NE Mpls duplex. 3br up and 2br+office downstairs, 2 car garage. 2 blocks from Central Ave NE. GREAT opportunity for owner

2633 Taylor Street NE, Minneapolis

Listing courtesy of Molina Realtors.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.

2 Homes under $400,000

Newest 2 Homes under $400,000

How much is your home worth?

How much is your home worth?