Lori Gustafson

3237 15th Avenue S # 11

Minneapolis, MN
$ 89,000 Beds 1 Baths 1 Sq 624 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to Powderhorn Flats and this beautifully updated one-bedroom, one-bathroom condo located at 3237 15th Avenue S #11 in the heart of South Minneapolis! This move-in-ready home offers comfortable, low-maintenance living with a renovated interior featuring fresh paint, beautiful kitchen cabinetry, stainless steel appliances, and new granite countertops that give the kitchen a clean, updated look. The spacious bedroom includes a ceiling fan for added comfort, while efficient baseboard boiler heat and through-the-wall air conditioning provide year-round climate control. The unit also includes one assigned outdoor parking stall, and residents enjoy the convenience of free laundry in the building’s common laundry room. The professionally managed Powderhorn Flats Condo community makes ownership easy, with the HOA fee covering heat, water, parking, and additional shared expenses. Beyond the home itself, the location is a major highlight—just blocks from beautiful Powderhorn Park and its lake, recreation areas, playgrounds, green space, community activities, and year-round outdoor opportunities, while the nearby Midtown Greenway provides excellent access for biking and walking. The surrounding neighborhood offers an outstanding collection of local restaurants, coffee shops, neighborhood businesses, and Minneapolis favorites including May Day Cafe and Matt’s Bar, along with convenient access to public transportation, Lake Street, downtown Minneapolis, major highways, and the Minneapolis–Saint Paul International Airport. Whether you're a first-time buyer, looking to downsize, or searching for an affordable Minneapolis home with manageable monthly expenses, this updated Powderhorn Flats condo offers an excellent combination of value, convenience, and access to everything South Minneapolis has to offer.

Single Family

  • Price
  • $ 89,000
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Powderhorn Flats
  • Lot Size
  • 0.198 Acres
  • Zip
  • 55407
  • Sqr Footage
  • 624
  • Year Built
  • 1963
  • Taxes
  • $ 462
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7123649
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 624
Sewer City Sewer/Connected
Heating Baseboard,Hot Water
Cooling Wall Unit(s)
Roof Flat
Appliances Dishwasher,Microwave,Range,Refrigerator
HOA Fee 480
Garage Spaces 1
Association Fee Includes Building Exterior,Hazard Insurance,Heating,Lawn Care,Other,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Security System,Sewer,Shared Amenities,Water
Pool Features None
Year Built 1963
Levels One
Unit Number 11
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Laundry
HOA Yes
Contingency None
Subdivision Name Powderhorn Flats
Full Baths 1
Directions Bloomington Ave to 34th St,W.,1 block to 15th Ave,south to home
City Minneapolis
Association Name Cities Management
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 462.18
Additional Parcels Y/N No
Virtual Tour https://www.zillow.com/view-imx/8294e5bb-8344-4d95-bf52-ea0c61aceb3d?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Window
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 624
Laundry Features Common Area
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Eat In Kitchen,Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Paved Lot,Open
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.198
Building Area Total 624
Lot Dimensions 70x123
Waterfront Y/N No
Foundation Area 624
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

8/10/2026 Listed $97,000
8/31/2026 9% - $89,000

Property vs Zip Code Average in 55407

Price
AVG $290K
$90K
Taxes
AVG $4,068
$462
Year Built
AVG 1940
1963
Visits
AVG 124
35
Data Provided by Inside Real Estate®

Areas That We Cover

3237 15th Avenue S # 11 Minneapolis, MN is a Single Family Home for sale at $89000 with 624 sqft and a lot size of 0.198 Acres Acre(s). 3237 15th Avenue S # 11 Minneapolis has 1 bedrooms, 1 baths and was built in 1963. The property's zip code is 55407 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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