65 Homes under $400,000

Welcome to the vibrant neighborhood of Minneapolis, MN, where charm meets opportunity! Nestled in Hennepin County, this dynamic city is known for its rich culture, diverse communities, and picturesque surroundings. Whether you're a first-time homebuyer or looking to downsize, Minneapolis offers an array of beautiful homes under $400,000, making it an ideal location for anyone seeking affordability without sacrificing quality.

As you explore this enchanting area, you'll find a delightful mix of historic architecture and modern amenities. Tree-lined streets are adorned with classic homes featuring inviting front porches, perfect for enjoying Minnesota's lovely summer evenings. Many properties boast spacious layouts, updated kitchens, and cozy backyards, ideal for entertaining family and friends.

Minneapolis is also renowned for its thriving arts scene, with galleries, theaters, and live music venues just a stone's throw away. The neighborhood is dotted with parks and recreational areas, providing ample opportunities for outdoor enthusiasts. With the stunning Chain of Lakes nearby, residents can enjoy walking, biking, and kayaking in the heart of nature.

The community spirit in Minneapolis is palpable, with local farmers' markets, festivals, and events fostering connections among neighbors. Excellent schools, diverse dining options, and convenient public transportation make this city a fantastic place to call home.

Discover your dream home in Minneapolis, where affordability meets an exceptional quality of life. With homes under $400,000, you can invest in your future while embracing the charm and energy of this remarkable city. Don’t miss out on the opportunity to be part of this thriving community!

Newest 65 Homes under $400,000

851 River Mews Court Unit 105, Minneapolis

$269,900

1 Beds ⋅ 1 Baths ⋅ 7144977 MLS

Only a Relocation makes this unit available. Prime Prospect Park location just steps to East River Parkway and the river and minutes to the U of M Campus. Updates are endless,granite counter tops, updated appliances, new light fixtures, Mohawk LVP flooring,new paint, and California Closet in the walk in closet.This end unit features 10 foot high ceilings with full wall Pella windows,in-unit washer and dryer, eat-in kitchen breakfast bar, formal dining area and secured parking stall.

851 River Mews Court Unit 105, Minneapolis

Listing courtesy of Edina Realty, Inc..

$320,000

3 Beds ⋅ 2 Baths ⋅ 7142354 MLS

Opportunity to own in Minneapolis' Ever Popular Prospect Park! A pleasant, walkable enclave. This low maintenance stucco exterior home has hardwood and laminate flooring, a main level full bath with ceramic details, granite and ceramic kitchen details, a built-in oak buffet in the informal dining room, an expansive rear deck, a three season front porch & a two car garage. 2 bedrooms on the main level, and a large (17 x 9 +) upper level bedroom featuring brand new laminate flooring. Vented glass block basement windows. 2 blocks to the light rail Westgate station; minutes to the U of M main campus, a short ride to downtown Minneapolis or downtown St. Paul, and more! Easy access to the Mississippi River Parkway and other bicycle routes. Easy freeway access. According to the previous MLS remarks from 2020 the roof was replaced in 2016. This 1 1/2 Story home has great "bones" and needs a wee bit 'o TLC to shine.

106 Bedford Street SE, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$399,000

3 Beds ⋅ 3 Baths ⋅ 7137082 MLS

Welcome to this spacious, ultra-versatile townhome in Minneapolis’s highly desirable Prospect Park - East River Road neighborhood! Offering an expansive, multi-level layout with incredible flexibility, 933 Dartmouth Pl SE blends massive functional space with unbeatable urban convenience. The main level features a bright living room that flows seamlessly into an eat-in kitchen with direct access to a private back deck, plus a convenient half bath. Upstairs, the primary bedroom suite features a unique loft space—perfect for a home office, studio, or lounge—and shares a full Jack-and-Jill bath with a secondary bedroom. A major highlight is the fully finished walk-out basement, which can operate as its own self-contained unit complete with a second kitchen, living room, full bath, and dedicated laundry room—ideal for an in-law suite, guest quarters, or rental income potential. Unbeatably located near the Mississippi River, you're steps from riverfront trails and parks, with rapid access to the U of M campus, the Green Line Light Rail, local Prospect Park dining, and both Downtown Minneapolis and St. Paul!

933 Dartmouth Place SE, Minneapolis

Listing courtesy of Redfin Corporation.

$399,900

2 Beds ⋅ 3 Baths ⋅ 7133083 MLS

Welcome to this beautiful brick townhome in Prospect Park. With a bright and open floor plan, high ceilings, and nicely updated spaces, this is a unique opportunity to own in a 2004 built associated maintained property near the U of M. The main floor features a cozy screen porch entry, large kitchen with snack bar, quartz countertops and stainless appliances, overlooking the private balcony and grilling deck, and half bath. Upper level features two recently updated baths, and wonderful primary suite with soaking tub, walk in shower, and double vanities. Finished lower level with flex space and walkout to attached two stall garage. Set in prime and centrally located Prospect Park, minutes to the U, downtown, and St. Paul. Move right in.

811 Thornton Street SE, Minneapolis

Listing courtesy of Northeast Real Estate Group.

2600 University Avenue SE Unit 210, Minneapolis

$350,000

4 Beds ⋅ 3 Baths ⋅ 7132834 MLS

Stunning condo in PRIME University of Minnesota area! The condo features 4 bedrooms and 3 bathrooms with two of the bedrooms having their own private bath! Features of the unit include 9' ceilings, center island, stainless steel appliances, in-unit washer and dryer, private deck and 1 garage stall. Shared amenities include an entertainment room, fitness room and bike racks. The unit is close to the U of M, Huntington Bank Stadium, light rail, bus stops, restaurants, entertainment and so much more! Why pay for college housing when you could rent out the bedrooms and save money. Schedule your showing today!

2600 University Avenue SE Unit 210, Minneapolis

Listing courtesy of Julie Hubbell Real Estate.

2600 University Avenue SE Unit 109, Minneapolis

$225,000

2 Beds ⋅ 2 Baths ⋅ 7102470 MLS

Welcome home! Located in the heart of the University of Minnesota, this 2 bed 2 bath w/ heated underground garage condo is conveniently located. Rentals are permitted by the association. In-Unit laundry, spacious bedrooms each with an en-suite bathroom. Furniture included with sale as well. Condo has a large private covered patio. Garage spot and street parking available.

2600 University Avenue SE Unit 109, Minneapolis

Listing courtesy of Real Broker, LLC.

2900 University Avenue SE Unit 503, Minneapolis

$199,900

1 Beds ⋅ 1 Baths ⋅ 7100841 MLS

Best seat in the building. This 5th-floor, 1BD/1BA condo sits on the quiet back side — neighborhood views and the iconic Prospect Park water tower on the horizon. Marble countertops, private balcony, and water included in HOA. Underground parking with dedicated bike storage. Steps to the Green Line, Fresh Thyme, Malcolm Yards, and Surly. Walkable, bikeable, and move-in ready.

2900 University Avenue SE Unit 503, Minneapolis

Listing courtesy of Wits Realty.

$355,000

3 Beds ⋅ 3 Baths ⋅ 7073458 MLS

Charming, well-maintained, and truly unique contemporary 3-level townhouse located just one block from the scenic Mississippi River. Enjoy easy access to beautiful walking, running, and biking trails along the riverfront, all within walking distance to the University of Minnesota Medical Center and campus. The owner's unit spans the upper two floors and features 2 bedrooms, 2 bathrooms, a huge private deck, and a screen porch-perfect for relaxing or entertaining. The first-floor rental unit offers excellent income potential with a spacious living room, kitchen wall, 1 bedroom, and a large bathroom. Additional highlights include a 2-car garage, laundry area, and a private shared yard. A rare opportunity in an unbeatable location with flexibility for owner-occupants, investors, or multigenerational living.

930 Dartmouth Place SE, Minneapolis

Listing courtesy of RE/MAX Results.

2900 University Avenue SE Unit 402, Minneapolis

$250,000

2 Beds ⋅ 2 Baths ⋅ 7063915 MLS

Experience effortless condo living in the heart of Prospect Park. This move-in ready home offers unbeatable convenience—just steps from the Metro Green Line and minutes from the University of Minnesota, making it ideal for students, faculty, or anyone needing quick access to either downtown. Located near Huntington Bank Stadium, restaurants, parks, and neighborhood amenities, this 4th-floor corner unit features an open layout filled with natural light and peaceful views of the quiet backyard. The secure M Flats building provides 24-hour security, a community room, and an exercise room. This specious 2 bedroom 2 bathroom unit has it's own laundry and designated parking stall.

2900 University Avenue SE Unit 402, Minneapolis

Listing courtesy of Bridge Realty, LLC.

2600 University Avenue SE Unit 106, Minneapolis

$200,000

1 Beds ⋅ 1 Baths ⋅ 7017512 MLS

Fantastic opportunity to own in the desirable University Flats on the East Bank near the U of M. This sun-filled first-floor unit offers open concept living, dining, and kitchen area. The kitchen features sleek granite countertops, stainless steel appliances, and wood floors. The spacious bedroom includes good sized closet and the versatile den area is perfect for a home office, den, or even a non-conforming guest bedroom. Additional features include in-unit washer/dryer and a great deck which offers an ideal space for outdoor relaxation. Rentals are allowed, making this an excellent investment opportunity. Building amenities include a shared fitness room and game room. HOA includes internet. The unit comes with a heated underground parking stall. Location provides unmatched convenience with easy access to both the U of M campuses and downtown areas by light rail, bus, car, or bike. Walk to nearby restaurants, grocery stores, TCF Bank Stadium, the Mississippi River, and much morel

2600 University Avenue SE Unit 106, Minneapolis

Listing courtesy of Edina Realty, Inc..

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.