Lori Gustafson

233 Groveland Avenue

Minneapolis, MN
$ 379,900 Beds 3 Baths 1.5 Sq 2,856 Virtual Tour
Monthly Estimate* How much can I afford?

Discover an exceptional property that blends flexibility and function. Originally a single-family home, this building was converted in 2000 to house six offices and two waiting rooms, offering a prime setup for a business seeking turnkey space. With smart zoning that permits live/work use or even a reversion back to a single-family residence, this property gives you multiple pathways. The interior has been maintained with well-laid-out offices, shared areas optimized for flow, and an efficient floor plan throughout. Enjoy sweeping downtown views and step out back to a beautifully executed stamped concrete patio and mature gardens for a calm outdoor retreat. The lower level holds an updated kitchen and full bath, while the main floor includes a convenient half bath. Upstairs, skylights flood the building with natural light. Mechanicals have been updated with a newer roof, furnace, and A/C, giving peace of mind and improved efficiency. Whether you’re building your business, combining work and home, or converting back to a residence, this versatile property is ready. Schedule a showing today and explore all the possibilities!

Single Family

  • Price
  • $ 379,900
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Ridgewood Add
  • Lot Size
  • 0.07 Acres
  • Zip
  • 55403
  • Sqr Footage
  • 2,856
  • Year Built
  • 1928
  • Taxes
  • $ 11534
  • Style
  • Single Family
  • MLS#
  • 7038930
Listed By: eXp Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2856
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dishwasher,Refrigerator
Garage Spaces 1
Pool Features None
Year Built 1928
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Ridgewood Add
Full Baths 1
Directions Lyndale Av. to Groveland Av. East on Groveland to building
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 11534
Additional Parcels Y/N No
Virtual Tour https://wellcomemat.com/embed/5dr8de71d6a81mf1u?mls=1
Standard Status Active
Lender Owned No
Amenities Unit Balcony,City View,Deck,Hardwood Floors,Patio,Skylight,Wet Bar
PostalCity Minneapolis

Interior Features

Basement Egress Window(s),Finished,Full
Total Fireplaces 1
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1428
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 1428
Total Baths 2
Fuel Natural Gas
Garage Square Feet 200

Exterior Features

Parking Features Tuckunder Garage
Water Source City Water/Connected
Lot Size Area 0.07
Building Area Total 2320
Lot Dimensions 50x50x50x60
Waterfront Y/N No
Foundation Area 714
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/18/2026 Listed $579,900
3/18/2026 27% - $425,000
4/4/2026 6% - $399,999
6/14/2026 3% - $389,000
8/6/2026 3% - $379,900

Property vs Zip Code Average in 55403

Price
AVG $600K
$380K
Taxes
AVG $9,913
$11,534
Year Built
AVG 1961
1928
Visits
AVG 155
203
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

233 Groveland Avenue Minneapolis, MN is a Single Family Home for sale at $379900 with 2856 sqft and a lot size of 0.07 Acres Acre(s). 233 Groveland Avenue Minneapolis has 3 bedrooms, 1 baths and was built in 1928. The property's zip code is 55403 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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