Active

$285,000

5000 54th St E, Minneapolis, MN 55417

3beds

1,088sqft

$1,925/mo

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Single Family

Built in 1944

6,098 Square Feet Lot

$242,900 Zestimate^®

$262/sqft

$-- HOA

What's special

Welcome to a South Minneapolis home that has been in the same family for nearly 80 years and is on the market for the first time. Lovingly maintained since the 1940s, it blends original character with the big updates buyers want: a new furnace, new water heater, and updated electrical panel and wiring. Sunlight fills the upper two levels, where original hardwood floors run through three spacious bedrooms and a surprisingly large eat-in kitchen with room for the whole household. Downstairs, the new basement bar with cask and keg décor is ready for your finishing touches. Outside, enjoy a shaded, tree-lined backyard and a newer 2 car garage. Minnehaha Falls, Sea Salt Eatery, and the light rail are all close by. With the major maintenance already done, you can move in and focus on making it yours. Schedule your showing today.

2 days
300
46

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1

Bedroom

Area: 143 Square Feet
Dimensions: 13x11

Bedroom 2

Area: 90 Square Feet
Dimensions: 9x10

Bedroom 3

Area: 130 Square Feet
Dimensions: 13x10

Other

Area: 330 Square Feet
Dimensions: 30x11

Kitchen

Area: 126 Square Feet
Dimensions: 14x9

Living room

Area: 187 Square Feet
Dimensions: 17x11

Heating

Forced Air

Cooling

Window Unit(s)

Appliances

Included: Dishwasher, Dryer, Range, Refrigerator, Washer
Laundry: In Basement

Features

Basement: Block,Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 1,856
Total interior livable area: 1,088 sqft
Finished area above ground: 1,088
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2
Details: Garage Dimensions (24x24)

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Deck

Lot

Size: 6,098 Square Feet
Dimensions: 50 x 125
Features: Near Public Transit, Corner Lot, Tree Coverage - Medium

Details

Foundation area: 768
Parcel number: 1702823340048
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Block
Roof: Age Over 8 Years,Asphalt

Condition

New construction: No
Year built: 1944

Utilities & green energy

Electric: Circuit Breakers, 100 Amp Service
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Thorpe Bros Minnehaha Grove Add

HOA

Has HOA: No

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $262/sqft
Tax assessed value: $218,000
Annual tax amount: $317
Date on market: 10/19/2026

Estimated market value

$242,900

$209,000 - $277,000

$2,347/mo

Price history

Date	Event	Price
10/22/2026	Listed for sale	$285,000$262/sqft
Source: NorthstarMLS as distributed by MLS GRID #7160459 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$317 -3.1%	$218,000 +0.2%
2025	$327 -88.7%	$217,600 +5.6%
2024	$2,885 +15.1%	$206,000 -2.8%
2023	$2,507 +3.8%	$212,000 +4.4%
2022	$2,415 +25.2%	$203,000 +8%
2021	$1,929 -7.8%	$188,000 +14.6%
2020	$2,092 +8.4%	$164,000
2019	$1,929 -7.8%	$164,000 +5.1%
2018	$2,092 +7.8%	$156,000 +4%
2017	$1,940 -2.6%	$150,000
2016	$1,992 -3.2%	$150,000 +14.9%
2015	$2,057 +13.8%	$130,500 +15%
2014	$1,808 +5.3%	$113,500 -4.6%
2013	$1,718 -8.8%	$119,000 -8.5%
2012	$1,884 -9.4%	$130,000 -6.8%
2011	$2,079 +9.3%	$139,500 -5.1%
2010	$1,902 -6.7%	$147,000 -4.7%
2009	$2,039 +13.6%	$154,300 +6.9%
2006	$1,795 +11.8%	$144,300 +15%
2005	$1,605 +9.9%	$125,500 +14.9%
2004	$1,461 +13.5%	$109,200 +12%
2002	$1,288 -51.3%	$97,500
2001	$2,645	--