56 Homes under $400,000

Welcome to the vibrant and diverse neighborhood of 56 in Minneapolis, MN, nestled in the heart of Hennepin County. This charming community offers a delightful blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and anyone looking to enjoy the best of city living.

One of the standout features of Neighborhood 56 is its accessibility to a variety of amenities. Residents can take advantage of nearby parks, local shops, and an array of dining options that cater to every palate. The area is well-connected by public transportation, making it easy to navigate the bustling city while enjoying the peaceful ambiance of home.

For those seeking affordable housing options, Neighborhood 56 presents an incredible opportunity with homes priced under $400,000. Here, you can find charming single-family homes, modern townhouses, and cozy condos that offer a perfect blend of style and comfort without breaking the bank. Many of these properties feature inviting interiors, spacious yards, and proximity to local attractions, ensuring you have everything you need right at your fingertips.

The community spirit in Neighborhood 56 is palpable, with friendly neighbors and a strong sense of belonging. Regular community events and gatherings foster connections and create lasting friendships. Whether you're a first-time homebuyer or looking to invest in a growing area, Neighborhood 56 in Minneapolis is a hidden gem that promises a fulfilling lifestyle in a welcoming environment. Discover your dream home today in this thriving neighborhood!

Newest 56 Homes under $400,000

$250,000

2 Beds ⋅ 1 Baths ⋅ 7169675 MLS

Charming one-story 2 bed, 1 bath home with plenty of character and modern finishes just blocks from Lake Nokomis! Beautiful hardwood floors, arched doorways, and a neutral palette create a warm, inviting feel throughout. The sun-filled living room offers a cozy place to unwind, while the formal dining space is perfect for gathering and entertaining. The kitchen features ample cabinet space, a window welcoming natural light, and a convenient side entrance. Enjoy two main-level bedrooms include a spacious primary, complemented by a full bathroom updated in 2025 with new flooring, a new toilet, and a stylish vanity. Additional 2025 improvements include new basement windows and a new furnace with a 10-year transferable warranty. The unfinished lower level offers room to grow, with potential for a future family room or recreation space. Outside, enjoy the low-maintenance composite deck, added in 2022, overlooking a backyard fully fenced in 2021 and complete with garden beds and mature trees. A detached garage provides plenty of storage, rounding out this wonderful home! Conveniently located near Minnehaha Falls, restaurants, and the hardware store!

3417 Boardman Street, Minneapolis

Listing courtesy of eXp Realty.

$149,900

2 Beds ⋅ 1 Baths ⋅ 7168142 MLS

ATTENTION INVESTORS/BUILDERS! Incredible equity-building opportunity in the highly desirable Morris Park neighborhood of South Minneapolis. This property is being sold strictly AS-IS and is priced to move, offering rehab or long-term portfolio addition. Situated on a 0.16-acre corner lot, this 1921-built single-story home features 2-bedroom, 1-bath footprint spanning 826 finished square feet.

3918 Boardman Street, Minneapolis

Listing courtesy of HOMESTEAD ROAD.

$319,900

3 Beds ⋅ 1 Baths ⋅ 7157940 MLS

Enjoy the best of South Minneapolis living in this bright, charming, and well-maintained home, ideally situated near Minnehaha Regional Park and Lake Nokomis, and within walking distance of Morris Park. Parks, light rail, the VA, MSP Airport, local businesses, and neighborhood restaurants are all nearby. Inside, a sun-filled kitchen with a comfortable eat-in area opens to a welcoming living room, where beautiful oak hardwood floors add warmth and character. The main level features high ceilings, two bedrooms, and an updated bathroom with distinctive glass-block windows. Upstairs, a thoughtfully updated retreat offers attractive, low-maintenance flooring, a flat ceiling, and abundant storage. The fully fenced backyard is a private spot to relax or entertain, with a custom stamped-concrete patio and back stairs. Additional features include a utility sink and numerous updates: furnace with UV air-purification light and Aprilaire humidifier (2020), water heater (reported new in 2020), air conditioning (2022), roof (2017), and fence (2020). Fresh interior paint adds to the home’s inviting feel. With its classic charm, thoughtful updates, and convenient location near some of Minneapolis’ favorite parks and lakes, this home offers a wonderful opportunity to enjoy the South Minneapolis lifestyle.

5549 37th Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$370,000

4 Beds ⋅ 3 Baths ⋅ 7124588 MLS

Welcome to this beautifully remodeled 4-bedroom, 2-bathroom home in a convenient Minneapolis location. Thoughtfully updated and move-in ready, this home offers a great combination of modern improvements, comfortable living space, and easy access to some of the area’s favorite destinations. The main level features gleaming hardwood floors, a spacious primary bedroom, and an additional bedroom, providing a functional and flexible layout. The updated home also features brand-new appliances, a new roof, and a new A/C system for added comfort and peace of mind. Step outside onto the expansive new deck overlooking a private, fully fenced backyard—perfect for relaxing, entertaining, or enjoying Minnesota summers. Ideally located near Minnehaha Falls, Lake Nokomis, shopping, dining, parks, and MSP Airport, this home puts everyday conveniences and outdoor recreation within easy reach. Beautifully updated, conveniently located, and ready for its next owner—schedule your showing today!

5504 41st Avenue S, Minneapolis

Listing courtesy of Real Broker, LLC.

$229,000

2 Beds ⋅ 1 Baths ⋅ 7151549 MLS

Welcome home to this 2-bedroom, 1-bathroom gem located in a convenient South Minneapolis location. Fresh interior paint throughout gives every room a bright, clean feel, and new exterior paint delivers real curb appeal from the moment you pull up. The functional layout offers comfortable living space, two well-sized bedrooms, and a full bath, ready for you to unpack and settle in. The open unfinished basement offers room to grow. Out back, large deck overlooks the fenced in back yard with a detached two-car garage that provides off-street parking and storage, a true win in the city. Close to parks, lakes, dining, coffee shops, and quick access to downtown and major routes, this location makes daily life easy. This one checks the boxes. Schedule your showing today!

5844 43rd Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$299,000

3 Beds ⋅ 3 Baths ⋅ 7126742 MLS

Welcome to this South Minneapolis home, ideally positioned on a desirable corner lot and offering a comfortable blend of updates, functionality, and neighborhood appeal. The home features three bedrooms and three bathrooms, including a full bath on the main level and two convenient half baths. The lower-level bath offers an opportunity to update or rework the existing shower. The main level welcomes you with a bright living room and a bedroom showcasing beautiful hardwood floors. Upstairs, two additional bedrooms feature brand-new carpet. The finished lower level adds valuable living space with a generously sized family room and an additional carpeted room, perfect for a home office, guest space, hobby room, or potential fourth bedroom. Outside, enjoy a fenced backyard and a two-car garage. For those who love to get out and explore, Lake Nokomis and Minnehaha Falls are both just a short, enjoyable bike ride away. A great opportunity for buyers looking for flexible space, neighborhood convenience, and comfortable everyday living in a wonderful South Minneapolis location.

5701 38th Avenue S, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$309,000

2 Beds ⋅ 2 Baths ⋅ 7117095 MLS

High-demand neighborhood in Minneapolis, Minnesota. Beautifully maintained home with pride in ownership. One-level living with two bedrooms and one bathroom on the main level. Gleaming hardwood floors, fenced backyard, with finished lower-level with egress window, new concrete front steps, and private landscaped backyard.

5433 43rd Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

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56 Homes under $400,000

Newest 56 Homes under $400,000

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