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$225,000 Coming Soon

  • For Sale
  • Coming Soon
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 567 Sq. Ft.
  • 1 Car Garage
  • Updated 1 hour ago
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Secure your foothold in one of Minneapolis's most coveted neighborhoods! This sun-filled rambler offers a rare combination of immediate cash flow and long-term equity growth. Located just blocks from the scenic Lake Nokomis, this property is a turnkey addition to any portfolio or a perfect "buy now, move in later" opportunity for a future homeowner. Property is currently rented. Lease end date is 10/1/2026.

Full Property Details for 5409 31st Ave S

General

  • Price: $225,000
  • Taxes: $2,790 (2025)
  • Status: Coming Soon
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7024332
  • Updated: Today (2/26/2026)
  • Added to Site: Today
  • Expected Market Date: 2/28/2026

Interior

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Lower Level, Lower Level

Additional Information

  • Amenities: Hardwood Floors, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Detached Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: C F E Peterson Co Nokomis Park
  • Neighborhood: 82
  • Driving Directions: Take 28th Ave South to 58th St East to 31st to Home

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 532
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 567
  • Above Ground: 532 Sq. Ft.
  • Below Ground: 532 Sq. Ft.
  • Finished Down/Base.: 1,064 Sq. Ft.
  • Year Built: 1924

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 42 x 149
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $2,790
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 026 BLOCK 003 C F E PETERSON CO NOKOMIS PARK
  • Property ID: 1902823220070

Listed by eXp Realty

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— 5409 31st Ave S —

  • eXp Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5409 31st Ave S

School District:Minneapolis Public School District
NameGradesDistance
Lk Nokomis Community-Keewaydin Campus
5209 30th Avenue South, Minneapolis, MN 55417
2-50.2 mi
Lk Nokomis Community-Wenonah Campus
5625 23rd Avenue South, Minneapolis, MN 55417
K-10.6 mi
Sanford Middle School
3524 42nd Avenue South, Minneapolis, MN 55406
6-82.4 mi
Roosevelt High School - Sws
4029 South 28th Avenue, Minneapolis, MN 55406
9-121.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5409 31st Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Listed
$225,000
17.8%
MLS
5/04/2023
Sold
$191,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5409 31st Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,790
10%
$213,000
1%
2023
$2,535
—
$211,000
3%
2023
$2,545
—
$204,000
22%
2023
$2,545
63%
$167,000
60%
2020
$1,561
-11%
$104,460
-11%
2019
$1,762
-5%
$118,000
4%
2018
$1,858
15%
$113,500
8%
2017
$1,616
-28%
$105,000
8%
2016
$2,234
39%
$97,500
7%
2015
$1,611
32%
$91,500
53%
2014
$1,223
-9%
$59,770
-10%
2013
$1,343
—
$66,310
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by eXp Realty

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5409 31st Avenue S, Minneapolis, MN 55417 (MLS# 7024332) is a Single Family property with 1 bedroom and 1 full bathroom. 5409 31st Avenue S is currently listed for $225,000 and was received on February 26, 2026. Want to learn more about 5409 31st Avenue S? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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