Minneapolis Homes under $400,000

Welcome to Minneapolis, a vibrant city nestled in the heart of Minnesota, where culture, nature, and community converge. Known for its stunning lakes, dynamic arts scene, and diverse neighborhoods, Minneapolis offers a unique blend of urban living and outdoor adventure. The city boasts an impressive array of parks and waterways, making it a haven for those who appreciate nature. With the iconic Chain of Lakes, including Lake Calhoun and Lake Harriet, residents can enjoy activities like kayaking, biking, and picnicking year-round.

Minneapolis is also celebrated for its rich history and cultural diversity. From the historic Mill District to the contemporary Warehouse District, each neighborhood has its own character and charm. The city is home to world-class museums, theaters, and music venues, ensuring that there’s always something happening. The thriving food scene reflects the city’s multicultural population, offering everything from farm-to-table dining to international cuisine.

For homebuyers seeking affordability without sacrificing quality of life, Minneapolis has a fantastic selection of homes priced under $400,000. Whether you’re looking for a charming bungalow in a quiet neighborhood or a modern condo with city views, the real estate market here offers a variety of options to suit your needs. With a strong sense of community and excellent schools, Minneapolis is an ideal place for families, young professionals, and anyone looking to embrace the best of city living.

Explore the possibilities in Minneapolis, where your dream home awaits in a city that truly has it all!

Newest Minneapolis Homes under $400,000

$325,000

COMING SOON Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7157940 MLS ⋅ 1,010 SqFt.

Enjoy the best of South Minneapolis living in this bright, charming, and well-maintained home ideally located near Minnehaha Regional Park, Lake Nokomis, and within walking distance of Morris Park. Enjoy easy access to parks, light rail, the VA, MSP Airport, local businesses, and neighborhood restaurants. Inside, the sun-filled kitchen features a comfortable eat-in area, while the inviting living room and beautiful oak hardwood floors create a warm, welcoming feel. The main level offers high ceilings, two bedrooms, and an updated bathroom with distinctive glass block windows. Upstairs, a thoughtfully updated retreat features attractive, low-maintenance flooring, a flat ceiling, and abundant storage. Step outside to a fully fenced backyard with a custom stamped-concrete patio, creating a private and inviting space for relaxing or entertaining. Additional highlights include a utility sink and numerous important updates: furnace with UV air-purification light and Aprilaire humidifier (2020), water heater (reported new in 2020), air conditioning (2022), roof (2017), fence (2020), and custom patio and back stairs. Interior painting throughout adds a fresh, refreshed feel. With its charming character, thoughtful updates, and fantastic location near some of Minneapolis' favorite parks and lakes, this home is a wonderful opportunity to enjoy the South Minneapolis lifestyle!

5549 37th Avenue S, Minneapolis

Listing courtesy of RE/MAX Results.

$215,000

COMING SOON Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7146661 MLS ⋅ 1,363 SqFt.

Welcome to this beautifully maintained 3-bedroom, 2 bathroom single-family home. Start outside with the inviting front porch, perfect for enjoying your morning coffee or relaxing at the end of the day. The home features newer siding, roof, and concrete around the property, along with a newer water heater and AC for added peace of mind. Step inside to a warm and inviting main level featuring a spacious kitchen with stainless steel appliances, a comfortable living area, and a generous dining room perfect for gatherings. The main level also offers one bedroom and a separate full bathroom. Upstairs, you'll find two additional bedrooms and another full bathroom, creating a comfortable and functional layout with plenty of space for everyone. This home is located just minutes from Crystal Lake and nearby parks, with easy access to downtown, shopping, dining, and everyday amenities. With its welcoming spaces, thoughtful updates, and convenient location, this home is ready to welcome its next owners.

3515 Girard Avenue N, Minneapolis

Listing courtesy of Real Broker, LLC.

$299,900

COMING SOON Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7155124 MLS ⋅ 1,102 SqFt.

Great curb appeal welcomes you to this charming stucco home in Northeast, filled with character and exciting potential! Lots of main level living here. Newer windows throughout bring in plenty of natural light, while the spacious family room offers a wonderful place to relax and gather. The kitchen features a unique glass solarium window above the sink—perfect for plants, herbs, or simply enjoying the sunshine. Original bathroom tile floors add to the home’s classic charm, and a wood-burning fireplace provides a cozy focal point. Seller does not warrant that the fireplace is fully functional and will convey as-is. The lower level offers excellent potential for future expansion with tall ceilings and two egress windows already in place—ideal for adding additional bedrooms, living space, or a home office. Additional features include drain tile with sump pump, central air, and a newer furnace. A wonderful opportunity to enjoy the home today while adding value and your own finishing touches in the future!

2343 Benjamin Street NE, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$180,000

COMING SOON Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7156677 MLS ⋅ 713 SqFt.

Single Family Home located in the Lind - Bohanon neighborhood. This home is conveniently located near schools, parks and freeway access. Single level living w/ large backyard that is enclosed by a 6' wood privacy fence.

5049 Fremont Avenue N, Minneapolis

Listing courtesy of Bridge Realty, LLC.

$337,900

ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7157904 MLS ⋅ 1,984 SqFt.

Come see this charming one-story home filled with character and inviting spaces! Featuring beautiful hardwood floors, newer windows and fireplaces on both main and lower levels, this home offers warmth and appeal throughout. Recent updates include fresh paint, new light fixtures, and additional improvements that make this home move-in ready. Step outside to enjoy the side deck just off the kitchen - perfect for grilling, entertaining, or relaxing with your morning coffee. The backyard also features a fenced area, ideal for pets or enjoying some outdoor space. This cute charmer is ready for a new owner to make it their own. Come take a look - you may just fall in love!

4136 14th Avenue S, Minneapolis

Listing courtesy of Keller Williams Classic Realty.

$275,000

ACTIVE Status ⋅ 1 Beds ⋅ 2 Baths ⋅ 7156887 MLS ⋅ 1,143 SqFt.

Fantastic value in the popular Waite Park neighborhood of Northeast Minneapolis! This 1BR, 2BA home features a finished basement with a second bath and flexible living space that could potentially become a second bedroom with the addition of an egress window. Enjoy the large three-season porch, two-car garage, brand-new range and dishwasher, freshly painted interior, and a roof that's only 3 years old. Conveniently located on a quiet residential street near parks, restaurants, and everything Nordeast has to offer. Cheers!

3150 Mckinley Street NE, Minneapolis

Listing courtesy of Edina Realty, Inc..

2727 W 43rd Street Unit 103, Minneapolis

$219,900

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7157934 MLS ⋅ 904 SqFt.

Beautifully updated 2-bedroom condo in the heart of Linden Hills! Enjoy the convenience of elevator access and heated underground parking. Positioned just two blocks from Lake Harriet, this property enjoys close proximity to popular restaurants and the vibrant local farmer’s market. The association fee includes internet, cable, and all utilities except electricity.

2727 W 43rd Street Unit 103, Minneapolis

Listing courtesy of RE/MAX Results.

$387,500

ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7157711 MLS ⋅ 1,920 SqFt.

Available for the first time in over 28 years, this former duplex was converted into a single-family home but could easily be converted back due to its multi-family zoning. It features a large foyer, two bedrooms and a full bathroom on each level, and a bonus set of stairs for easy movement. Extra space for home offices, guest bedrooms, art rooms, and more. It retains all the charm of a vintage home on a spacious lot and a half while also featuring an architect-designed kitchen, beautifully remodeled bathrooms, hardwood floors and original woodwork, and an abundance of storage. Most major home components have been upgraded, including a newer roof, newer double-hung windows, Toto toilets, a gas fireplace, newer mechanicals and HVAC, two newer electrical panels and even a thriving perennial garden with a back deck for enjoyment. Oh and the location is divine with the Northeast athletic fields and water park at the end of the block. It's walkable to many parks, coffee shops, breweries, neighborhood eateries, shopping, and offers easy freeway access. You don't want to miss the opportunity to see this house.

1314 Lincoln Street NE, Minneapolis

Listing courtesy of Dwell Realty Partners, LLC.

$234,900

ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7156088 MLS ⋅ 1,718 SqFt.

Ready to move in.

3707 Oliver Avenue N, Minneapolis

Listing courtesy of Market Homes Realty.

210 W Grant Street Unit 218, Minneapolis

$215,000

ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7157977 MLS ⋅ 1,171 SqFt.

A perfect opportunity to make this spacious 2 bedroom/2 bath condo your very own. The advantages of owning this lovely home are many. Significant updates include a balcony door, both bedroom windows, hvac/ac unit, and the electrical panel. Just bring your creative decorating skills. Enjoy the treelined views of the beautiful Loring Greenway connecting Loring Park to Nicollet Mall from your balcony. An open inviting floor plan, stainless steel appliances, contemporary light fixtures and tons of in unit storage. Primary bedroom with 2 closets and private full bathroom. Second bedroom would be a perfect den or home office. Enjoy a large balcony nestled in the tree tops. Free laundry rooms on each floor with large capacity washers and dryers. Heated underground assigned parking and storage locker. Loring Way is a well-managed community, in a prime location just steps from downtown Mpls. Enjoy the remodeled fitness center, 1st floor lobby with a book exchange, and a new community Sun Deck. Minutes to entertainment venues, sports arenas, casual and fine dining, museums, and celebrated bike paths. Easy freeway and highway access, hop on 394, Hwy 94, and I-35W in minutes. Pets are welcome with some restrictions. Rental restrictions apply. Association dues include cable and internet.

210 W Grant Street Unit 218, Minneapolis

Listing courtesy of Coldwell Banker Realty - Lakes.

$315,000

ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7155756 MLS ⋅ 1,490 SqFt.

Fantastic South Minneapolis opportunity in high-demand Northrup! This charming 2-bedroom, 1-bath home features original hardwood floors, sunny living spaces, and beautifully preserved original kitchen cabinets. Expand your living area into the finished lower level—perfect for a media room, home gym, or remote workspace. Step outside to a private yard and detached garage. Unbeatable walkability places you moments from Lunds & Byerlys, Town Hall Tap, Sidecar at the Tap, The Italian Eatery, Bagu Sushi, Carbone’s, and the historic Parkway Theater, with Lake Nokomis, Lake Hiawatha, and Hiawatha Golf Course just blocks away. Move right in!

4333 12th Avenue S, Minneapolis

Listing courtesy of LPT Realty, LLC.

$279,000

ACTIVE Status ⋅ 1 Beds ⋅ 1 Baths ⋅ 7157927 MLS ⋅ 858 SqFt.

Experience vibrant North Loop living at 720 Lofts! This stylish 1-bedroom, 1-bath condo combines industrial character with everyday comfort. Inside, you'll find soaring 10-foot ceilings, oversized windows that fill the space with natural light, and a loft-style bedroom that enhances the home's open, modern design. The spacious layout includes a large bedroom closet, in-unit laundry with a vented dryer, and a private balcony overlooking the peaceful landscaped courtyard. A heated underground corner parking space is included for added convenience. Just outside your door, enjoy some of Minneapolis' best restaurants, breweries, shopping, entertainment, Target Field, concert venues, and miles of walking and biking trails. Whether you're looking for a vibrant urban lifestyle or a comfortable place to call home, this North Loop gem delivers the best of both.

720 N 4th Street Unit 507, Minneapolis

Listing courtesy of Edina Realty, Inc..

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