81 Homes under $250,000

Welcome to the vibrant neighborhood of Minneapolis, located in the heart of Hennepin County, Minnesota. This dynamic city is known for its rich cultural scene, beautiful parks, and a strong sense of community. With its stunning lakes, scenic trails, and numerous art galleries, Minneapolis offers a unique blend of urban living and outdoor adventure.

For those seeking affordable housing options, the neighborhood boasts a variety of homes priced under $250,000. These properties present an excellent opportunity for first-time homebuyers, investors, or anyone looking to settle in a flourishing area without breaking the bank. From charming bungalows to cozy townhomes, there is a diverse selection of homes that cater to different lifestyles and preferences.

Living in this Minneapolis neighborhood means you’ll enjoy easy access to local amenities, including trendy cafes, diverse restaurants, and boutique shops. The area is also well-connected by public transportation, making commuting a breeze. Families will appreciate the top-rated schools and nearby parks, perfect for weekend picnics or evening strolls.

In addition to its affordability, this neighborhood is characterized by a strong sense of community. Residents often come together for local events, farmers' markets, and neighborhood gatherings, fostering a welcoming environment for newcomers and long-time residents alike.

If you're looking to embrace the Minneapolis lifestyle while staying within budget, this neighborhood is a hidden gem worth exploring. Discover your dream home today and become part of a community that truly feels like home!

Newest 81 Homes under $250,000

$229,000

2 Beds ⋅ 2 Baths ⋅ 7158602 MLS

FANTASTIC INVESTMENT OPPORTUNITY! This well-maintained up/down duplex at 4049 Girard Ave N is ready for its next owner! With both units featuring fresh paint, gleaming hardwood floors, and stainless steel appliances, this property offers an excellent opportunity to start generating rental income. Whether you're looking to live in one unit while renting out the other or rent both units as an income-producing investment, the possibilities are exciting! Seller has made extensive updates to the home including installing a new furnace in 2020, all new water and gas lines and new main water line from the city connection to the home. The unfinished lower level provides additional storage space and houses the laundry facilities. Outside, enjoy a gorgeous corner lot with a fenced backyard, a detached two-car garage, and a concrete driveway. Conveniently located near restaurants, public transportation, parks, and major highways, with easy access to Downtown, this property offers a desirable location for tenants and owner-occupants alike. Whether you're just getting started or looking to expand your real estate portfolio, this duplex is an opportunity you won't want to miss! TISH completed and available in Supplements. Don't wait—come see the potential for yourself!

4049 Girard Avenue N, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$229,900

4 Beds ⋅ 1 Baths ⋅ 7150802 MLS

Charming and move-in ready Minneapolis home filled with classic character and thoughtful updates. Beautiful original hardwood floors have been recently refinished and are complemented by original trim and five-panel wood doors. The fully remodeled kitchen features soft-close cabinetry, quartz countertops, and brand-new appliances, creating a functional space for everyday living and entertaining. With four bedrooms, this home offers flexibility for a home office, guest room, or growing household. Enjoy the spacious backyard - perfect for relaxing, gardening, or summer gatherings, plus convenient offstreet parking. Additional features include central A/C and a great location with easy access to parks, shops, and city amenities. A fantastic opportunity for first-time buyers looking for charm, updates, and value in Minneapolis.

3850 Colfax Avenue N, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

$199,900

3 Beds ⋅ 1 Baths ⋅ 7150192 MLS

Charming Home with Character, Updates & Seller Financing Incentive! Excellent opportunity for an owner-occupant or investor looking to own or rent! This inviting home combines original character with thoughtful updates and is ready for its next owner. The entire second floor features new plank flooring, while the main level showcases beautiful hardwood floors, original trim, and a built-in buffet that adds timeless charm and character. The main-floor full bathroom has been tastefully updated for today’s needs. Additional highlights include a roof approximately 8 years old and exterior stucco in great condition, providing peace of mind and strong curb appeal. Seller incentive: Seller is offering $13,500 toward the buyer’s closing costs, prepaids, and down payment, if permitted by the buyer’s lender. If lender will not allow, seller will make up difference via price reduction. Seller would like to close by October 30, 2026. Whether you're looking for a place to call home or an investment opportunity, this property offers a wonderful combination of character, updates, and value. Come see this great home today!

3838 Girard Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$249,999

4 Beds ⋅ 2 Baths ⋅ 7136590 MLS

Spacious 4-Bedroom, 2-Bath Multi-Family Opportunity in North Minneapolis! This generously sized property offers approximately 2,203 sq. ft. of living space and plenty of potential for investors, owner-occupants, or buyers looking to build equity. Featuring a flexible layout, multiple bedrooms, and two bathrooms, this property provides the space and versatility today's buyers are looking for. Sold AS-IS, offering an opportunity for the next owner to bring their vision, make improvements, and unlock the property's full potential. Conveniently located near neighborhood amenities, schools, parks, shopping, dining, and major transportation routes. Bring your ideas and your contractor—this could be the opportunity you've been waiting for! Schedule your showing today. Side-by-side duplex w/2 bedrooms up; large kitchen & formal dining room. Fenced backyard & rear deck shared by both units. *Both sides have a similar layout.

4130 Aldrich Avenue N, Minneapolis

Listing courtesy of Partners Realty Inc..

$249,999

4 Beds ⋅ 2 Baths ⋅ 7124889 MLS

This charming starter home boasts spacious 4 bedrooms and 2 bathrooms, perfect for comfortable living. Offering a great opportunity for those looking to make it their own. Sold "as is"

4019 colfax Avenue, Minneapolis

Listing courtesy of Molina Realtors.

$204,500

2 Beds ⋅ 1 Baths ⋅ 7108879 MLS

This two-bedroom, one-bathroom property in Minneapolis combines practical updates with thoughtful kitchen improvements! Fresh paint and new flooring throughout create a clean, move-in-ready environment without the need for immediate work. The kitchen features updated kitchen cabinets paired with granite countertops and stainless steel range and microwave hood. These finishes provide both durability and a polished appearance! Convenient first floor bedroom with the second bedroom located on the upper level. Parking is handled by a one-car garage accessed from the back alley, offering secure vehicle storage without taking up street space. The property's location provides easy access to I 94, making commuting straightforward for occupants who travel regularly. The combination of these practical features, along with the refreshed interior finishes, positions this residence as a solid option for buyers looking for a well-maintained property ready for immediate occupancy. This is a Fannie Mae HomePath property. Some images in this listing have been virtually staged or digitally altered.

4219 Fremont Avenue N, Minneapolis

Listing courtesy of The Relocation Center.

$219,900

3 Beds ⋅ 2 Baths ⋅ 7092390 MLS

Welcome home to this cute and charming corner-lot property overlooking the beautiful parkway. Filled with character and natural light, this inviting home features newly refinished dark walnut hardwood floors, brand-new carpet, and new appliances that make moving in a breeze. Freshly painted throughout, the home offers a bright and welcoming atmosphere from the moment you step inside. Relax on the spacious front porch while enjoying scenic views and abundant sunshine, creating the perfect spot for morning coffee or evening unwinding. Additional updates include all new windows, providing enhanced energy efficiency and plenty of natural light throughout the home. Conveniently located near parks, trails, and local amenities, this move-in-ready gem combines modern updates with timeless charm in an unbeatable setting. Listing photo enhanced with AI

4431 James Avenue N, Minneapolis

Listing courtesy of Peloquin Premier Properties.

$175,000

3 Beds ⋅ 1 Baths ⋅ 7078405 MLS

This charming home is perfect for investors or first-time buyers! The kitchen has been beautifully updated with new flooring, cabinets, granite countertops, and appliances. The interior will be freshly painted where necessary to give it a bright, welcoming feel, and the refinished hardwood floors add warmth and character. The bathroom got a stylish refresh too! Currently used as a rental, this home is already generating income, making it a smart investment or a great place to start your next chapter. Current lease ends on May 28th, and house will be ready on or before June 10th after repairs. 48 hour notice is required for all showings. Contract for deed accepted with significant down payment.

3842 Fremont Avenue N, Minneapolis

Listing courtesy of Compass.

$145,500

3 Beds ⋅ 2 Baths ⋅ 7004360 MLS

North Minneapolis duplex with a 2-car garage. Upper unit features 2 bedrooms/1 bathroom. Lower unit features 1 bedroom/1 bath room. Shared laundry is in the basement. Sold as-is, buyers to assume TISH repairs. A great owner-occupy opportunity or addition to any investment portfolio. Priced to reflect condition with plenty of room to add value. Just minutes from Webber Park, Victory Memorial Parkway, and North Mississippi Regional Park, part of Minneapolis’ renowned Grand Rounds Scenic Byway system. These nearby parks and trails provide miles of walking and biking paths, green space, and river views—perfect for outdoor enthusiasts and anyone who appreciates quick access to nature within the city. Nearby shopping options including Cub Foods, Aldi, North Market, and neighborhood shops along Broadway and Lowry Avenue. Dining choices range from local cafés and takeout spots to popular Minneapolis restaurants, with even more options just a short drive away in Downtown Minneapolis, the North Loop, and Northeast Minneapolis. Community amenities including nearby libraries, recreation centers, and neighborhood programs that help foster a strong sense of connection. Commuters will appreciate convenient access to Highway 94, Highway 55, and Highway 100, along with public transit options that make getting around the metro simple and efficient. Take this opportunity to own a two-unit property in a central Minneapolis location—perfect for generating rental income, offsetting a mortgage, or accommodating multiple households under one roof. With flexible living arrangements, proximity to parks and trails, and easy access to shopping, dining, and downtown Minneapolis, this duplex delivers both lifestyle and investment potential. Come explore the possibilities and imagine how this property can work for you.

4126 Dupont Avenue N, Minneapolis

Listing courtesy of Real Broker, LLC.

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