Nestled in a valuable neighborhood, this 1.5-story home offers great potential with its versatile layout. The main level features the owner's suite, a second bedroom/office and kitchen, while the upper level provides a full bathroom and an additional living space which can be used as a private suite. The unfinished basement offers ample storage or future expansion opportunities. A two-stall garage, plus an extra stall, ensures plenty of room for vehicles and hobbies. With a bit of TLC and updating, this property is a fantastic opportunity to build equity in a prime location.
Closed
$233,500
5545 45th Ave S, Minneapolis, MN 55417
3beds
949sqft
Single Family Residence
Built in 1921
5,227 Square Feet Lot
$234,000 Zestimate®
$246/sqft
$2,105 Estimated rent
Home value
$234,000
$215,000 - $255,000
$2,105/mo
Zestimate® history
Owner options
List your home for rent
$2,105/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,105/mo
Rent Zestimate®
Refinance and save
$1,215/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,215/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Two-stall garageExtra stallPrivate suite
Zillow last checked:
Listing updated:
Listed by:
Anthony Nguyen 763-807-7550,
HOMESTEAD ROAD
Bought with:
Greta Fay
Anderson Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6772018
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 115 Square Feet
- Dimensions: 11.5x10
Bedroom 2
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x8
Bedroom 3
- Level: Upper
- Area: 342 Square Feet
- Dimensions: 19x18
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Kitchen
- Level: Main
- Area: 138 Square Feet
- Dimensions: 12x11.5
Living room
- Level: Main
- Area: 143.75 Square Feet
- Dimensions: 12.5x11.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Freezer, Gas Water Heater, Range, Refrigerator, Washer
Features
- Basement: Full
Interior area
- Total structure area: 949
- Total interior livable area: 949 sqft
- Finished area above ground: 949
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 5,227 Square Feet
- Dimensions: 40' x 128' x 40' x 128'
Details
- Foundation area: 617
- Parcel number: 1902823110222
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Morris Park Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $246/sqft
- Tax assessed value: $238,300
- Annual tax amount: $3,175
- Date on market: 8/13/2025
- Cumulative days on market: 84 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $233,500$246/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6772018 Report a problem | ||
| 9/4/2025 | Pending sale | $233,500$246/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6772018 Report a problem | ||
| 8/20/2025 | Price change | $233,500-0.6%$246/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6772018 Report a problem | ||
| 8/13/2025 | Listed for sale | $234,900-2.1%$248/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6772018 Report a problem | ||
| 8/13/2025 | Listing removed | $239,900$253/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 7/24/2025 | Price change | $239,900-2%$253/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 7/17/2025 | Price change | $244,900-2%$258/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 7/9/2025 | Price change | $249,900-2%$263/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 7/2/2025 | Price change | $254,900-1.9%$269/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 6/26/2025 | Price change | $259,900-1.9%$274/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 6/11/2025 | Listed for sale | $264,900+32.5%$279/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6736672 Report a problem | ||
| 5/30/2025 | Sold | $200,000+54%$211/sqft |
Source: Public Record Report a problem | ||
| 9/30/2014 | Sold | $129,900$137/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2225556 Report a problem | ||
| 9/30/2014 | Pending sale | $129,900$137/sqft |
Source: Edina Realty, Inc. #4517309 Report a problem | ||
| 9/30/2014 | Listed for sale | $129,900$137/sqft |
Source: Edina Realty, Inc. #4517309 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,425 +4.3% | $238,300 +0.5% |
| 2024 | $3,284 +0.2% | $237,000 -3.7% |
| 2023 | $3,276 +7.4% | $246,000 +1.2% |
| 2022 | $3,049 +15.9% | $243,000 +9% |
| 2021 | $2,631 -9.9% | $223,000 +11.5% |
| 2020 | $2,921 +11% | $200,000 +6.1% |
| 2019 | $2,631 -9.9% | $188,500 |
| 2018 | $2,921 +6.9% | $188,500 +24.4% |
| 2017 | $2,732 +17.2% | $151,500 +8.2% |
| 2016 | $2,332 +4.9% | $140,000 +5.7% |
| 2015 | $2,224 +20.6% | $132,500 +4.3% |
| 2014 | $1,844 +1.7% | $127,000 +2.4% |
| 2013 | $1,814 -12.5% | $124,000 -11.4% |
| 2012 | $2,072 -0.8% | $140,000 |
| 2011 | $2,088 +2.7% | $140,000 -10% |
| 2010 | $2,034 -7.7% | $155,500 -5.6% |
| 2009 | $2,204 +29.1% | $164,800 +22.1% |
| 2006 | $1,707 +11.5% | $135,000 +15% |
| 2005 | $1,531 +9.5% | $117,400 +15% |
| 2004 | $1,399 +12.6% | $102,100 +12% |
| 2002 | $1,242 -47.8% | $91,200 |
| 2001 | $2,380 | -- |
Find assessor info on the county website
Neighborhood: Morris Park
Nearby homes
- $331,6004 bd2 ba1.2k sqft5549 45th Ave S, Minneapolis, MN 55417Off Market
- $370,1003 bd3 ba1.6k sqft5541 45th Ave S, Minneapolis, MN 55417Off Market
- $324,3004 bd2 ba1k sqft5553 45th Ave S, Minneapolis, MN 55417Off Market
- $328,0003 bd2 ba1.1k sqft5537 45th Ave S, Minneapolis, MN 55417Off Market
- $307,9002 bd1 ba1.3k sqft5557 45th Ave S, Minneapolis, MN 55417Off Market
- $281,1002 bd1 ba1.3k sqft5557 45th Avenue S Ave S, Minneapolis, MN 55417Off Market
- $354,5003 bd2 ba1.5k sqft5533 45th Ave S, Minneapolis, MN 55417Off Market
- $252,9002 bd1 ba788 sqft5544 46th Ave S, Minneapolis, MN 55417Off Market
Nearby schools
GreatSchools rating
- NALk Nokomis Community-Keewaydin CampusGrades: 3-8Distance: 1.1 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 2.2 mi
- NALk Nokomis Community-Wenonah CampusGrades: K-1Distance: 1.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$234,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$234,000
- Minnesota
- Hennepin County
- Minneapolis
- 55417
- Morris Park
- 5545 45th Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
