Lori Gustafson

520 Ridgewood Avenue # 4

Minneapolis, MN
$ 99,500 Beds 1 Baths 1 Sq 625
Monthly Estimate* How much can I afford?

SELLER IS WILLING TO CONSIDER CONTRACT FOR DEED OR RENT-TO-OWN TERMS! Home is calling! Come check out this adorable garden-level unit in vibrant Steven's Square. Close to beautiful Loring Park, the Walker Art Center, and Minneapolis' amazing Chain of Lakes, this unit is sure to impress. Walk in and enjoy an updated unit with a layout that just makes sense. Flow easily from your kitchen to dining space to LARGE living area. The bedroom and bathroom are spacious as well. Your (free) on-site laundry is located just down the hall from the front door of your unit. Head out the back door of the building and find your assigned parking spot! This wonderfully managed building is one of few truly pet friendly condos in the city. Welcome home to carefree living within literal minutes of downtown!

Single Family

  • Price
  • $ 99,500
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Ridgewood Condo
  • Lot Size
  • 0.333 Acres
  • Zip
  • 55403
  • Sqr Footage
  • 625
  • Year Built
  • 1971
  • Taxes
  • $ 1384
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7044161
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 625
Sewer City Sewer/Connected
Heating Baseboard,Boiler
Cooling Wall Unit(s)
Roof Flat
Appliances Dishwasher,Microwave,Range,Refrigerator,Stainless Steel Appliances
HOA Fee 391
Association Fee Includes Building Exterior,Controlled Access,Hazard Insurance,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Snow Removal
Pool Features None
Year Built 1971
Electric Circuit Breakers
Levels One
Unit Number 4
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2025
Accessibility No Stairs Internal
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Ridgewood Condo
Full Baths 1
Directions From Lyndale Avenue South - L on W Franklin Ave,L on Pleasant Ave,L on Ridgewood Ave. Property is on the right.
City Minneapolis
Association Name RowCal
High School District Minneapolis
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 1384
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Main Floor Primary Bedroom
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 625
Laundry Features Common Area
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Asphalt,Parking Lot,Paved Lot,Open
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.333
Building Area Total 625
Lot Dimensions 147x100
Waterfront Y/N No
Foundation Area 625
Road Frontage Type City Street,Paved Streets,Sidewalks,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

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

3/27/2026 Listed $108,500
6/16/2026 5% - $104,000
7/28/2026 5% - $99,500

Property vs Zip Code Average in 55403

Price
AVG $600K
$100K
Taxes
AVG $9,913
$1,384
Year Built
AVG 1961
1971
Visits
AVG 155
289
Data Provided by Inside Real Estate®

Areas That We Cover

520 Ridgewood Avenue # 4 Minneapolis, MN is a Single Family Home for sale at $99500 with 625 sqft and a lot size of 0.333 Acres Acre(s). 520 Ridgewood Avenue # 4 Minneapolis has 1 bedrooms, 1 baths and was built in 1971. 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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