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$375,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,965 Sq. Ft.
  • 3 Car Garage
  • Updated 14 hours ago

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Open House: 4:00 PM - 6:00 PM

Thursday 2/12 4:00 PM - 6:00 PM

5509 2nd Avenue S,Minneapolis, MN 55419

5509 2nd Avenue SMinneapolisMN55419

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This updated South Minneapolis bungalow combines charm, space, and smart updates. The front porch welcomes you into a main level with hardwood floors, two bedrooms, and a spacious living area that flows into a large, bright kitchen with ample cabinetry, stainless steel appliances, and plenty of natural light. Upstairs offers a generous bedroom plus a versatile flex space-currently a 25x17 walk-in closet-that could easily serve as an office or lounge. The lower level features a beautifully renovated 3/4 bath with tiled walk-in shower, laundry, storage, the 4th bedroom, as well as space that you could finish off for an additional family room. Outside, you'll find a rare South Minneapolis treasure: a recently sheet-rocked and insulated 3-car garage. In the last four years, updates include a new roof, furnace, gutters, lighting, paint, a full basement bath renovation, and more. With restaurants, parks, a fitness center, and more just blocks away, you'll love the lifestyle this home offers. Come see it today!

Full Property Details for 5509 2nd Ave S

General

  • Price: $375,000
  • Taxes: $4,232 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7002157
  • Updated: 2/11/2026
  • Added to Site: 1 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Separate Formal Dining Room
  • Formal Dining Room: Separate/Formal Dining Room
  • Laundry: Lower Level, Sink, Washer Hookup, Lower Level, Sink, Washer Hookup

Additional Information

  • Amenities: Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Tile Floors, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Garage Description: 23 x 27
  • Garage Spaces: 3
  • Parking Features: Detached Garage, Concrete, Finished Garage, Insulated Garage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: First Sub In Diamond Lake Park
  • Neighborhood: 17
  • Driving Directions: North on 35W, exit on Diamond Lake Rd, merge onto 2nd Ave S, house is on the right.

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

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space
  • Foundation Size: 924
  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Disability Access: None
  • Square Feet: 1,965
  • Above Ground: 1,310 Sq. Ft.
  • Below Ground: 924 Sq. Ft.
  • Year Built: 1923

Additional Structures

  • Other Structures: Storage Shed

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 40 x 128
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Irregular Lot, Light Tree Coverage
  • Fencing (Description): Partial

Financial Considerations

  • Tax Amount: $4,232.96
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 004 BLOCK 001 FIRST SUBD IN DIAMOND LAKE PARK
  • Property ID: 2202824120072

Listed by RE/MAX Results

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— 5509 2nd Ave S —

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NMLS#: 1598647

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

Schools serving 5509 2nd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Windom School
5821 Wentworth Avenue, Minneapolis, MN 55419
PK-50.5 mi
Anthony Middle School
5757 Irving Avenue South, Minneapolis, MN 55419
6-81.3 mi
Southwest High School - SWS
3414 West 47th St, Minneapolis, MN 55408
9-122.7 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 5509 2nd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/11/2026
Listed
$375,000
29.31%
MLS
3/29/2021
Sold
$290,000
—
Public Record
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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 5509 2nd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,233
7%
$303,000
-3%
2023
$3,971
6%
$313,000
6%
2023
$3,751
—
$295,000
24%
2023
$3,751
12%
$238,000
4%
2020
$3,360
2%
$229,810
6%
2019
$3,279
2%
$217,275
2%
2018
$3,221
-2%
$212,370
—
2017
$3,303
-9%
$212,370
6%
2016
$3,620
-60%
$200,000
4%
2015
$9,092
165%
$192,000
5%
2014
$3,426
-1%
$183,000
—
2013
$3,445
—
$183,000
—
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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5509 2nd Avenue S, Minneapolis, MN 55419 (MLS# 7002157) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 5509 2nd Avenue S is currently listed for $375,000 and was received on February 11, 2026. Want to learn more about 5509 2nd Avenue S? Do you have questions about finding other Single Family real estate for sale in Diamond Lake? You can browse all Diamond Lake real estate or contact a Coldwell Banker agent to request more information.

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