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  • $222,000

    5409 31st Ave S, Minneapolis, MN 55417

    1beds
    567sqft
    Single Family
    Built in 1924
    6,534 Square Feet Lot
    $222,000 Zestimate®
    $392/sqft
    $1,294 Estimated rent

    Home value

    $222,000

    $206,000 - $238,000

    $1,294/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kyle Anderson 651-329-3698,

    eXp Realty

    Bought with:

    Julianna Grandbois

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7024332MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 81 Square Feet
    • Dimensions: 9X9
    Kitchen
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 10X8
    Living room
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14X13
    Sun room
    • Level: Main
    • Area: 72 Square Feet
    • Dimensions: 8X9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer
    • Laundry: Lower Level
    Features
    • Basement: Full
    • Has fireplace: No
    Interior area
    • Total structure area: 1,064
    • Total interior livable area: 567 sqft
    • Finished area above ground: 532
    • Finished area below ground: 35

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 6,534 Square Feet
    • Dimensions: 42 x 149
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 532
    • Parcel number: 1902823220070
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: C F E Peterson Co Nokomis Park
    HOA
    • Has HOA: No
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $218,900
    • Annual tax amount: $2,790
    • Date on market: 2/26/2026
    • Cumulative days on market: 67 days

    Price history

    DateEventPrice
    8/3/2026Sold$222,000-1.3%$392/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7024332 Report a problem
    5/6/2026Pending sale$225,000$397/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7024332 Report a problem
    2/28/2026Listed for sale$225,000+17.8%$397/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7024332 Report a problem
    9/4/2025Listing removed$1,800$3/sqft
    Source: Zillow Rentals Report a problem
    8/27/2025Price change$1,800-5.3%$3/sqft
    Source: Zillow Rentals Report a problem
    8/18/2025Listed for rent$1,900+26.7%$3/sqft
    Source: Zillow Rentals Report a problem
    1/27/2025Listing removed$1,500$3/sqft
    Source: Zillow Rentals Report a problem
    1/23/2025Listed for rent$1,500+93.5%$3/sqft
    Source: Zillow Rentals Report a problem
    5/4/2023Sold$191,000-4.5%$337/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem
    4/10/2023Pending sale$199,900$353/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem
    3/23/2023Price change$199,900-4.8%$353/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem
    3/17/2023Listed for sale$210,000+18.6%$370/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem
    4/27/2020Sold$177,000+1.1%$312/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5489910 Report a problem
    4/5/2020Pending sale$175,000$309/sqft
    Source: SPARA Realty, Inc #5489910 Report a problem
    3/25/2020Listed for sale$175,000$309/sqft
    Source: SPARA Realty, Inc #5489910 Report a problem
    3/3/2020Pending sale$175,000$309/sqft
    Source: SPARA Realty, Inc #5489910 Report a problem
    2/24/2020Listed for sale$175,000+9.4%$309/sqft
    Source: SPARA Realty, Inc #5489910 Report a problem
    5/25/2018Sold$160,000-8.5%$282/sqft
    Source: Public Record Report a problem
    4/26/2018Pending sale$174,900$308/sqft
    Source: Keller Williams Classic Realty Northwest #4938796 Report a problem
    4/16/2018Listed for sale$174,900+79.4%$308/sqft
    Source: Keller Williams Classic Rlty NW #4938796 Report a problem
    1/21/2016Sold$97,500-2.4%$172/sqft
    Source: Public Record Report a problem
    12/10/2015Listed for sale$99,900$176/sqft
    Source: Bridge Realty, LLC #4654398 Report a problem
    12/9/2015Pending sale$99,900$176/sqft
    Source: Bridge Realty, LLC #4654398 Report a problem
    11/24/2015Price change$99,900-4.8%$176/sqft
    Source: Bridge Realty, LLC #4654398 Report a problem
    10/30/2015Price change$104,900-12.5%$185/sqft
    Source: Bridge Realty, LLC #4654398 Report a problem
    10/16/2015Listed for sale$119,900+87.9%$211/sqft
    Source: Bridge Realty, LLC #4654398 Report a problem
    8/31/2013Listing removed$775$1/sqft
    Source: Renters Warehouse Report a problem
    7/20/2009Sold$63,800$113/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,790 +10.1%$218,900 +2.8%
    2024$2,535 -0.4%$213,000 +0.9%
    2023$2,545 +19.8%$211,000 +3.4%
    2022$2,125 +38.7%$204,000 +22.2%
    2021$1,531 -1.9%$167,000 +22.3%
    2020$1,561 +1.9%$136,500 +5%
    2019$1,531 -1.9%$130,000 +10.2%
    2018$1,561 -16%$118,000 +12.4%
    2017$1,858 +14.9%$105,000 +7.7%
    2016$1,616 -27.7%$97,500 +6.6%
    2015$2,234 +38.7%$91,500 +2.8%
    2014$1,611 +20%$89,000 -6.3%
    2013$1,343 +2.1%$95,000
    2012$1,315 +1.4%$95,000
    2011$1,297 -5.7%$95,000 -15.9%
    2010$1,375 -1.3%$113,000
    2009$1,394 +48.2%$113,000 +29.3%
    2006$940 +17.6%$87,400 +18.8%
    2005$799 -17.3%$73,600 +21.1%
    2004$966 +14.9%$60,800 +16.7%
    2002$840 -46.6%$52,100
    2001$1,573 --
    Find assessor info on the county website

    Neighborhood: Wenonah

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $222,000
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    Estimated market value
    $222,000