Minneapolis Homes under $250,000

Welcome to Minneapolis, a vibrant city nestled in the heart of Minnesota and the seat of Hennepin County. Known for its stunning lakes, thriving arts scene, and diverse neighborhoods, Minneapolis offers a unique blend of urban excitement and natural beauty. With its rich cultural heritage, the city is home to world-class museums, theaters, and music venues, making it a hub for creativity and innovation.

If you’re considering making Minneapolis your home, you’ll be pleased to discover a variety of housing options, including charming homes priced under $250,000. These affordable gems can be found in several neighborhoods, each with its own distinct character and community spirit. Whether you’re looking for a cozy bungalow, a quaint townhouse, or a stylish condo, Minneapolis has something to suit every taste and budget.

Living in Minneapolis means easy access to beautiful parks, scenic trails, and the iconic Chain of Lakes, perfect for outdoor enthusiasts. The city also boasts a robust economy, excellent schools, and a welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike.

Explore the potential of homeownership in Minneapolis, where affordability meets opportunity. With a growing real estate market, now is the perfect time to invest in your future. Discover the charm of this Midwestern gem, and let Minneapolis be the backdrop for your next chapter. Whether you’re a first-time buyer or looking to downsize, the city’s array of homes under $250,000 makes it an exciting place to call home.

Newest Minneapolis Homes under $250,000

2530 E 34th Street Unit 106, Minneapolis

$225,000

2 Beds ⋅ 2 Baths ⋅ 7151577 MLS

Welcome to 2530 E 34th Street #106 in Minneapolis, a beautifully maintained and move-in-ready 2-bedroom, 2-bathroom condo offering an open-concept floor plan, newer flooring throughout, convenient in-unit laundry, a private main-level entrance, heated garage parking, and a great location close to dining, shopping, entertainment, and major Twin Cities destinations. One of the standout features of this home is its own private exterior entrance directly into the unit, providing added privacy and everyday convenience, especially for pet owners who appreciate quick and easy access outdoors. Inside, the thoughtfully designed floor plan creates a comfortable flow between the kitchen, dining, and living spaces, making the home ideal for both daily living and entertaining. The newer flooring throughout gives the condo a fresh, updated feel, while the in-unit laundry adds another level of practicality and convenience. The building also offers excellent amenities, including an updated fitness center, attractive green space that is perfect for enjoying warm Minnesota days, and a community grill with unlimited use located just steps from the unit. A large private storage locker is included, providing valuable additional space for seasonal items, recreation gear, and everyday storage needs. The unit also includes one assigned parking space in a heated garage with a convenient car wash area, an especially desirable feature during Minnesota winters. With 2 bedrooms, 2 bathrooms, in-unit laundry, private exterior access, newer flooring, heated garage parking, extra storage, fitness amenities, outdoor green space, and a convenient Minneapolis location with an easy commute throughout the Twin Cities, 2530 E 34th Street #106 offers an outstanding combination of comfort, functionality, and low-maintenance condo living that is truly move-in ready and not to be missed.

2530 E 34th Street Unit 106, Minneapolis

Listing courtesy of RE/MAX Results.

$225,000

1 Beds ⋅ 1 Baths ⋅ 7154302 MLS

Great location + flexible space! This 1-bedroom, 1-bath home offers a comfortable layout with an upstairs bonus area that gives you extra room to work, create, or make your own. Located in the desirable Nokomis East area, you're close to Lake Nokomis, parks, shopping, restaurants, and everyday conveniences, with easy access to major roads and the airport. A great opportunity to own a home in a fantastic South Minneapolis location. Come see the possibilities at 5548 35th Avenue S!

5548 35th Avenue S, Minneapolis

Listing courtesy of Herman Realty, Inc.

$215,000

4 Beds ⋅ 2 Baths ⋅ 7154441 MLS

1223 Oliver Avenue N, Minneapolis

Listing courtesy of LPT Realty, LLC.

$180,000

4 Beds ⋅ 2 Baths ⋅ 7154460 MLS

Here is an opportunity to own this 4-bedroom, 2-bath two story home offering 1,723 finished square feet, a detached 2-car garage, and a located centrally on bus routes.. This home has many windows and natural woodwork with beautiful built-ins. Home needs some TLC and updating but offers great bones and endless potential. A fantastic chance to make it your own and build equity.

1014 25th Avenue N, Minneapolis

Listing courtesy of Realty Executives Top Results.

400 Groveland Avenue Unit 611, Minneapolis

$139,900

2 Beds ⋅ 2 Baths ⋅ 7154054 MLS

Freshly updated and ready to welcome you home, this rare two-bedroom, two-bath Loring Park condo offers beautiful city and park views at a remarkably affordable price. Refinished hardwood floors and freshly painted walls and ceilings create a bright, inviting space, while the open floor plan makes everyday living and entertaining feel effortless. Unwind on your west-facing screened balcony as the sunset colors the sky, your own peaceful retreat above the city. Two spacious bedrooms, each with wonderful views, offer room to recharge. Enjoy a rooftop pool with panoramic skyline views, a workout room, 24-hour on-site security, laundry on your floor, and heated underground parking. With Loring Park, the Walker Art Center, dining, and entertainment nearby, there is always something to explore. Minutes from Downtown and Uptown, with easy access to 35W, I-94, and 394. A rare opportunity to enjoy space, comfort, and vibrant city living for less than you might expect.

400 Groveland Avenue Unit 611, Minneapolis

Listing courtesy of DRG.

210 W Grant Street Unit 615, Minneapolis

$170,000

1 Beds ⋅ 1 Baths ⋅ 7153361 MLS

Welcome to a condo—and a community—you’ll love coming home to! This beautifully maintained home offers wonderful views of the lush Loring Greenway from both the private balcony and bedroom, creating a peaceful connection to nature in the heart of Minneapolis. Inside, you’ll appreciate the freshly painted interior, smooth ceilings, crown molding and an impressive amount of custom built-in storage throughout the home. See listing photos #5 of hallway built-ins, #14 of desk with drawers in bedroom, and #16 of closets and drawers in bedroom. Kitchen and bathroom cabinetry is custom built as well. Photo #18 shows the custom built-in drawers and cabinet in the reflection of the bathroom mirror. The building itself is something special, with meticulously maintained grounds and amenities designed for both convenience and community. Enjoy the sauna, fitness room, inviting community room and expansive sun deck with comfortable seating and beautiful, private views. Residents can also participate in organized activities and group outings—and even the building staff will tell you their favorite part of working here is “the people.” Additional conveniences include FREE shared laundry on the 6th floor, a temperature-controlled garage with a generously sized private storage area at the front of the parking stall, and an abundance of guest parking—a rare find in this location! Step outside and enjoy the beautifully maintained Loring Greenway just behind the building, cared for in part by an active neighborhood volunteer group. From here, you can walk to Loring Park, Lunds & Byerlys, Target, Nicollet Mall, restaurants, shopping and entertainment along Hennepin Avenue. Downtown living with green space, great amenities and a true sense of community—this one offers so much more than just a place to live.

210 W Grant Street Unit 615, Minneapolis

Listing courtesy of Coldwell Banker Realty.

$180,000

3 Beds ⋅ 1 Baths ⋅ 7153588 MLS

A future very nice home located just a few blocks from Memorial Parkway, offering an excellent opportunity for a refresh and personal touches. The kitchen features beautiful cherry wood cabinets but would benefit from updating, including the floor and ceiling. The interior wood trim remains in good condition. The roof on both the house and garage is newer, installed by Valaiant Roofing in 2022. The furnace and water heater may be approximately 7-10 years old, although their ages have not been confirmed. A tall chain-link fence surrounds the property. For comparison, the property directly across the street was in somewhat poorer condition but, after being refreshed, recently sold for $241,000. The home offers similar potential for improvement and value.

3651 Queen Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$150,000

1 Beds ⋅ 1 Baths ⋅ 7152454 MLS

Updated and move-in ready! This first-floor 1BR/1BA condo offers tasteful updates, low-maintenance living, and fantastic amenities. The building features a fitness center, community room with full kitchen, and a private screened-in porch for residents to enjoy. Low HOA dues add to the value, while the convenient Nordeast Minneapolis location provides easy access to downtown, St. Anthony Main, local dining, shopping, and entertainment. A great opportunity to own in a highly desirable area with multiple public transportation options at an affordable price. Welcome home!

720 3rd Avenue NE Unit 120, Minneapolis

Listing courtesy of Edina Realty, Inc..

$225,000

3 Beds ⋅ 1 Baths ⋅ 7152925 MLS

Welcome to 3735 Girard Ave N! Whether you're a first time home buyer, you're upsizing, or downsizing, you'll be able to move right in and feel at home. It's just waiting for your personal touch! On the main level, you'll love the East facing three season porch, open floor plan, updated kitchen, walk-in pantry, and cozy joint living and dining rooms. Upstairs you'll find a large primary bedroom with a large closet, a large secondary bedroom with a large closet, the third bedroom and full bathroom. Outside you can enjoy the fully fenced yard with a paved patio and a 2+ car garage! Just one block from Folwell Park, this home is nestled into a vibrant community with frequent neighborhood events, community gardens, and much more!

3735 Girard Avenue N, Minneapolis

Listing courtesy of ABC Realty, LLC.

$109,900

1 Beds ⋅ 1 Baths ⋅ 7154044 MLS

Freshly painted and full of historic charm, this Rappahannock Flats condo offers affordable downtown Minneapolis living in a fantastic location at South 9th Street and Portland. Inside, you’ll find an oversized bedroom that walks out to the back deck, a newly remodeled kitchen counter tops and backsplash, and bathroom vanity and much more, a cozy fireplace for winter nights, plus your own storage unit and assigned parking space. Enjoy building amenities like a shared gym, coin-operated laundry, and a rooftop terrace with beautiful city views, perfect for relaxing or hosting friends. Just blocks from U.S. Bank Stadium, restaurants, and downtown energy, this condo is a great mix of character, comfort, and city living.

605 S 9th Street Unit 6, Minneapolis

Listing courtesy of DRG.

3844 Nicollet Avenue Unit 305, Minneapolis

$150,000

1 Beds ⋅ 1 Baths ⋅ 7152637 MLS

Welcome home to this cute 1 bed, 1 bath top floor condo in Kingfield, tucked in the back of the building so you get the best of city living without the road noise. South and southwest exposure floods the space with light all day, a dream for plant lovers. Wood flooring runs throughout, with slate tile in the kitchen and newer appliances that make this one move in ready. Ownership comes with a dedicated parking spot, a private storage unit, and free laundry downstairs. A great fit for a first time buyer, downsizer, or anyone wanting a low maintenance home base. Step outside to the heart of Kingfield at 38th and Nicollet, with coffee shops, bakeries, and some of the city's best restaurants close by. Seward Friendly Co-op, Ace Hardware, and the farmers market are nearby, Lake Harriet and Lake Nokomis are a quick bike ride, and Route 18 makes downtown easy. Bright, quiet, and ready for its next owner. Schedule your showing today!

3844 Nicollet Avenue Unit 305, Minneapolis

Listing courtesy of Ashworth Real Estate.

$200,000

2 Beds ⋅ 1 Baths ⋅ 7147461 MLS

Outstanding opportunity in the heart of Southwest Minneapolis! This charming 2-bedroom, 1-bath home offers hardwood floors, a cozy fireplace and an enchanting backyard, all in a highly desirable Fulton location. Bring your vision and unlock the tremendous potential—remodel the existing home, expand, or explore the possibilities for a new build. Similar updated properties in the surrounding area have sold for more than $400,000, creating an exciting opportunity to build equity in one of Minneapolis’ most sought-after neighborhoods. Just blocks from the shops, coffee and dining around 50th & Xerxes, with convenient access to Lake Harriet, Beard’s Plaisance, the Chain of Lakes walking and biking trails, neighborhood parks and the restaurants and shops of Linden Hills. The home is also conveniently located near Lake Harriet Community School and Southwest High School, an International Baccalaureate World School, adding to the appeal of this established Southwest Minneapolis neighborhood. Enjoy recreation, dining, schools and everyday conveniences close by. A rare opportunity for an owner-occupant, renovator or builder looking for location, character and upside potential.

4820 Xerxes Avenue S, Minneapolis

Listing courtesy of Johansson Realty Inc.

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