Lori Gustafson

5645 20th Avenue S

Minneapolis, MN
$ 389,900 Beds 2 Baths 2 Sq 1,432
Monthly Estimate* How much can I afford?

Welcome to this charming 2-bedroom, 2-bath home in the heart of South Minneapolis, ideally located one block from shores of Lake Nokomis. Views of the lake from your front yard. Inside, a spacious kitchen with convenient pocket doors opens to a welcoming living and dining area, creating an easy flow for everyday living and entertaining. The main level offers an impressive amount of storage, with seven closets, including a cedar closet, making it easy to keep everything organized. The partially finished lower level provides even more flexibility with a finished bonus room that could serve as a home office, hobby space, workout area or additional living space, and a 3/4 bathroom, while the remainder of the basement offers abundant unfinished storage and utility space. Easy opportunity to add a third bedroom. Numerous major improvements make this home appealing, including a brand-new oversized garage, driveway and sidewalk completed in April 2026, a new air conditioner installed in July 2026, and a new pellet stove installed in December 2025. Fantastic location within easy walking distance of Lake Nokomis, where residents can enjoy beaches, walking and biking trails, fishing, playgrounds, pickleball, boating and seasonal rentals. The surrounding Nokomis neighborhood also offers easy access to Minnehaha Creek, Minnehaha Falls, Lake Hiawatha and the area's local restaurants, coffee shops and neighborhood businesses. Do not miss this opportunity!

Single Family

  • Price
  • $ 389,900
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Lake Amelia Park
  • Lot Size
  • 0.12 Acres
  • Zip
  • 55417
  • Sqr Footage
  • 1,432
  • Year Built
  • 1961
  • Taxes
  • $ 5534
  • Style
  • Single Family
  • MLS#
  • 7119720
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1432
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Dishwasher,Dryer,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Year Built 1961
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lake Amelia Park
Full Baths 1
Directions 5645 20th Ave S
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 5534
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Block,Partial,Partially Finished,Storage Space,Tile Shower
Total Fireplaces 1
Fireplace Features Free Standing,Wood Burning Stove
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1106
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 2
Below Grade Finished Area 326
Total Baths 2
Bath Desc 3/4 Basement,Main Floor Full Bath
Dining Room Description Eat In Kitchen,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 24x21
Garage Square Feet 571

Exterior Features

Fencing Partial
Parking Features Detached Garage,Concrete,Electric,Garage Door Opener
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 2212
Lot Dimensions 128x40
Waterfront Y/N No
Foundation Area 1106
Road Frontage Type Curbs,Sidewalks,Street Lights
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

8/10/2026 Listed $399,900
9/17/2026 3% - $389,900

Property vs Zip Code Average in 55417

Price
AVG $350K
$390K
Taxes
AVG $4,736
$5,534
Year Built
AVG 1944
1961
Visits
AVG 68
59
Data Provided by Inside Real Estate®

Areas That We Cover

5645 20th Avenue S Minneapolis, MN is a Single Family Home for sale at $389900 with 1432 sqft and a lot size of 0.12 Acres Acre(s). 5645 20th Avenue S Minneapolis has 2 bedrooms, 2 baths and was built in 1961. The property's zip code is 55417 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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