Lori Gustafson

2116 2nd Avenue N

Minneapolis, MN
$ 240,600 Beds 3 Baths 2.5 Sq 1,800
Monthly Estimate* How much can I afford?

Welcome home to this spacious 3-bedroom, 3-bath home built in 2004, offering the perfect combination of comfort, functionality, and future potential. The thoughtful floor plan features a spacious primary suite complete with a private en suite bath and walk-in closet, a convenient main-floor laundry room, and a main-level half bath for guests. Enjoy Minnesota winters with the attached garage, offering plenty of room for both parking and additional storage. Step outside to two inviting outdoor living spaces...a charming front porch that's perfect for morning coffee or evening sunsets, and a private side patio featuring low-maintenance turf and a generous wood deck ideal for grilling, entertaining, or relaxing all summer long. The expansive unfinished basement boasts tall ceilings, two egress windows, and rough-in plumbing for a future fourth bathroom, creating an incredible opportunity to add additional bedrooms, a family room, home gym, or whatever best fits your lifestyle. Located just minutes from downtown Minneapolis, you'll love the convenience of nearby restaurants, coffee shops, breweries, and parks. Spend weekends at Bassett Creek Park, Bryn Mawr Meadows Park, enjoy a drink at Utepils Brewing, grab barbecue at Animales Barbeque Co., or meet friends for coffee at Misfit Coffee and Cuppa Java, all just a short walk or bike ride away. This is an exceptional opportunity to own a well-built home with space to grow in one of Minneapolis' most convenient and vibrant locations. ***This is a City of Lake Community Land Trust property.***

Single Family

  • Price
  • $ 240,600
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • F W Malmstens Add
  • Lot Size
  • 0.11 Acres
  • Zip
  • 55405
  • Sqr Footage
  • 1,800
  • Year Built
  • 2004
  • Taxes
  • $ 3922
  • Style
  • Single Family
  • MLS#
  • 7103687
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1800
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Appliances Air-To-Air Exchanger,Dishwasher,Dryer,Exhaust Fan,Gas Water Heater,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 2004
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 F W Malmstens Add
Full Baths 2
Directions HWY 394 to Penn Avenue,North to 2nd Avenue,East to home.
City Minneapolis
Land Lease Amount 20
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N Yes
Tax Annual Amount 3922.22
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Kitchen Window,Porch,Sauna,Washer/Dryer Hookup,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement Block,Drain Tiled,Drainage System,Egress Window(s),Storage Space,Sump Basket,Sump Pump,Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1800
Half Baths 1
Laundry Features Laundry Room,Main Level,Washer Hookup
Total Bedrooms 3
Total Baths 3
Bath Desc Bathroom Ensuite,Full Primary,Private Primary,Main Floor 1/2 Bath,Rough In,Upper Level Full Bath
Dining Room Description Breakfast Bar,Eat In Kitchen,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 400

Exterior Features

Fencing Chain Link,Partial
Parking Features Attached Garage,Concrete,Garage Door Opener,Parking Garage
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 2700
Lot Dimensions 63x80
Waterfront Y/N No
Foundation Area 900
Road Frontage Type City Street
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

7/6/2026 Listed $248,500
9/9/2026 4% - $240,600

Property vs Zip Code Average in 55405

Price
AVG $1.31M
$240K
Taxes
AVG $18,793
$3,922
Year Built
AVG 1933
2004
Visits
AVG 222
49
Data Provided by Inside Real Estate®

Areas That We Cover

2116 2nd Avenue N Minneapolis, MN is a Single Family Home for sale at $240600 with 1800 sqft and a lot size of 0.11 Acres Acre(s). 2116 2nd Avenue N Minneapolis has 3 bedrooms, 2 baths and was built in 2004. The property's zip code is 55405 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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