Lori Gustafson

5532 41st Avenue S

Minneapolis, MN
$ 169,900 Beds 1 Baths 1 Sq 720
Monthly Estimate* How much can I afford?

BUILDER/DEVELOPER OPPORTUNITY! Rare opportunity to build in South Minneapolis on a 40' x 128' lot. Existing structure is a confirmed teardown, with substantial pre-development work already completed. Professional survey completed, asbestos testing completed with negative results, demolition permit obtained, water service disconnected at the curb, utilities disconnected, property completely cleaned out, and erosion-control measures installed. Seller originally intended to proceed directly with demolition and excavation for new construction. Much of the initial due diligence and site preparation has already been completed, offering a builder the opportunity to move forward without starting from scratch. Survey and asbestos documentation available.

Single Family

  • Price
  • $ 169,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Morris Park 2nd Add
  • Lot Size
  • 0.12 Acres
  • Zip
  • 55417
  • Sqr Footage
  • 720
  • Year Built
  • 1925
  • Taxes
  • $ 2013
  • Style
  • Single Family
  • MLS#
  • 7134936
Listed By: Northstar Real Estate Associates
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 720
Sewer City Sewer - In Street
Heating None
Cooling None
Garage Spaces 1
Year Built 1925
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 Morris Park 2nd Add
Full Baths 1
Directions 56th to 41st and go north on 41st to property
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 2013
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Minneapolis

Interior Features

Basement Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 720
Total Bedrooms 1
Total Baths 1
Fuel Natural Gas
Garage Square Feet 250

Exterior Features

Parking Features Detached Garage
Water Source City Water - In Street
Lot Size Area 0.12
Building Area Total 1440
Lot Dimensions 40x128
Waterfront Y/N No
Foundation Area 720

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

8/28/2026 Listed $169,900

Property vs Zip Code Average in 55417

Price
AVG $360K
$170K
Taxes
AVG $4,881
$2,013
Year Built
AVG 1943
1925
Visits
AVG 61
53
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

5532 41st Avenue S Minneapolis, MN is a Single Family Home for sale at $169900 with 720 sqft and a lot size of 0.12 Acres Acre(s). 5532 41st Avenue S Minneapolis has 1 bedrooms, 1 baths and was built in 1925. 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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