Lori Gustafson

1948 Drew Avenue S

Minneapolis, MN
$ 775,000 Beds 3 Baths 1.5 Sq 2,392
Monthly Estimate* How much can I afford?

Gorgeous center hall colonial charmer located in one of the city's most sought after Neighborhood pockets steps away from Cedar Lake and Cedar Lake Point Beach. Enjoy the Scenic biking and walking trails and paths on the lakes which connect with the coveted chain Of lakes including, Lake of the Isles, Bde Maka Ska, and Lake Harriet. Cedar Lake has two popular beaches a short stroll from your front door. Ride your bikes on the Cedar Lakes Regional Trails downtown To catch a Twins game... This home has a well-designed Northstar gourmet kitchen along with a separate Pantry closet and wonderful informal eating area. View the delightful rear yard while visiting in your kitchen. Both the first level and the upper level have oak hardwood floors. Three bedrooms up. Two with walk-in closets. (There is a room in the lower level which could easily be made into a 4th br.) Main floor has a very spacious living Room, formal dining, and a four-season porch/sunroom plus an office/den. The windows throughout the home are Anderson and Marvin. New roof in 2023. Gorgeous, stamped driveway designed to go from the front street all The way to the rear alley. Two and a half car concrete block garage 27' x 21' has had three cars in it at times. The garage has a Full loft up above with carriage doors opening out to the alley and a stairway up inside the garage. Come live the city lakes Lifestyle in style.

Single Family

  • Price
  • $ 775,000
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Mcnair Park
  • Lot Size
  • 0.189991 Acres
  • Zip
  • 55416
  • Sqr Footage
  • 2,392
  • Year Built
  • 1941
  • Taxes
  • $ 11848
  • Style
  • Single Family
  • MLS#
  • 7087411
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2392
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dishwasher,Double Oven,Dryer,Exhaust Fan,Range,Refrigerator,Washer
Garage Spaces 2.5
Pool Features None
Construction Materials Block
Year Built 1941
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Mcnair Park
Other Structures Garage(s)
Full Baths 1
Directions Cedar Lake Pkwy to N Franklin Ave. West to Drew right to home
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 11848
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Porch,Sun Room,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement Full
Total Fireplaces 2
Fireplace Features Family Room,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2006
Half Baths 1
Laundry Features In Basement,Lower Level,Laundry Room,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 386
Total Baths 2
Bath Desc Main Floor 1/2 Bath,Upper Level Full Bath
Fuel Natural Gas
Garage Dimensions 29x22
Garage Square Feet 638

Exterior Features

Fencing None
Parking Features Detached Garage,Driveway - Other Surface,Garage Door Opener,Paved Lot,Storage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water - In Street
Lot Size Area 8276
Building Area Total 3076
Lot Dimensions 55x151x55x144
Waterfront Y/N No
Foundation Area 943
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks

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

8/7/2026 Listed $800,000
8/17/2026 4% - $775,000

Property vs Zip Code Average in 55416

Price
AVG $480K
$780K
Taxes
AVG $7,669
$11,848
Year Built
AVG 1967
1941
Visits
AVG 129
74
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1948 Drew Avenue S Minneapolis, MN is a Single Family Home for sale at $775000 with 2392 sqft and a lot size of 0.189991 Acres Acre(s). 1948 Drew Avenue S Minneapolis has 3 bedrooms, 1 baths and was built in 1941. The property's zip code is 55416 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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