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.
Pending
$225,000
5409 31st Ave S, Minneapolis, MN 55417
1beds
567sqft
Single Family
Built in 1924
6,534 Square Feet Lot
$223,300 Zestimate®
$397/sqft
$-- HOA
What's special
- 141 days |
- 18 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kyle Anderson 651-329-3698,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7024332
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
Video & virtual tour
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: $397/sqft
- Tax assessed value: $218,900
- Annual tax amount: $2,790
- Date on market: 2/26/2026
- Cumulative days on market: 89 days
Estimated market value
$223,300
$212,000 - $234,000
$1,393/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Pending sale | $225,000$397/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7024332 Report a problem | ||
| 2/28/2026 | Listed for sale | $225,000+17.8%$397/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7024332 Report a problem | ||
| 9/4/2025 | Listing removed | $1,800$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2025 | Price change | $1,800-5.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/18/2025 | Listed for rent | $1,900+26.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/27/2025 | Listing removed | $1,500$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/23/2025 | Listed for rent | $1,500+93.5%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/4/2023 | Sold | $191,000-4.5%$337/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem | ||
| 4/10/2023 | Pending sale | $199,900$353/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem | ||
| 3/23/2023 | Price change | $199,900-4.8%$353/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem | ||
| 3/17/2023 | Listed for sale | $210,000+18.6%$370/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6327304 Report a problem | ||
| 4/27/2020 | Sold | $177,000+1.1%$312/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5489910 Report a problem | ||
| 4/5/2020 | Pending sale | $175,000$309/sqft |
Source: SPARA Realty, Inc #5489910 Report a problem | ||
| 3/25/2020 | Listed for sale | $175,000$309/sqft |
Source: SPARA Realty, Inc #5489910 Report a problem | ||
| 3/3/2020 | Pending sale | $175,000$309/sqft |
Source: SPARA Realty, Inc #5489910 Report a problem | ||
| 2/24/2020 | Listed for sale | $175,000+9.4%$309/sqft |
Source: SPARA Realty, Inc #5489910 Report a problem | ||
| 5/24/2018 | Sold | $160,000-8.5%$282/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4938796 Report a problem | ||
| 4/26/2018 | Pending sale | $174,900$308/sqft |
Source: Keller Williams Classic Realty Northwest #4938796 Report a problem | ||
| 4/16/2018 | Listed for sale | $174,900+79.4%$308/sqft |
Source: Keller Williams Classic Rlty NW #4938796 Report a problem | ||
| 1/21/2016 | Sold | $97,500-2.4%$172/sqft |
Source: Public Record Report a problem | ||
| 12/10/2015 | Listed for sale | $99,900$176/sqft |
Source: Bridge Realty, LLC #4654398 Report a problem | ||
| 12/9/2015 | Pending sale | $99,900$176/sqft |
Source: Bridge Realty, LLC #4654398 Report a problem | ||
| 11/24/2015 | Price change | $99,900-4.8%$176/sqft |
Source: Bridge Realty, LLC #4654398 Report a problem | ||
| 10/30/2015 | Price change | $104,900-12.5%$185/sqft |
Source: Bridge Realty, LLC #4654398 Report a problem | ||
| 10/16/2015 | Listed for sale | $119,900+87.9%$211/sqft |
Source: Bridge Realty, LLC #4654398 Report a problem | ||
| 8/31/2013 | Listing removed | $775$1/sqft |
Source: Renters Warehouse Report a problem | ||
| 7/20/2009 | Sold | $63,800$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Wenonah
Nearby schools
GreatSchools rating
- NALk Nokomis Community-Keewaydin CampusGrades: 3-8Distance: 0.2 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 1.7 mi
- NALk Nokomis Community-Wenonah CampusGrades: K-1Distance: 0.6 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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