Lori Gustafson

5533 Thomas Avenue S

Minneapolis, MN
$ 550,000 Beds 4 Baths 1.5 Sq 2,059 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to this charming four-bedroom, two-bath, one-and-a-half-story home in Minneapolis’ desirable Armatage neighborhood. The updated kitchen offers a fresh, functional space for cooking and gathering, while the inviting living room features an electric fireplace framed by stylish shiplap. Original oak hardwood flooring adds warmth and character throughout the living room, hallways and both main-level bedrooms. A full bath completes the main level. Upstairs, the dormered upper level features two additional bedrooms that share a convenient half bath, plus a versatile flex space ideal for a kids’ playroom, hobby area, or home office. The finished lower level offers a spacious family room—perfect for a kids’ hangout area or comfortable second living space—along with a dedicated laundry room and ample storage. Outside, enjoy relaxing or entertaining on the newly finished cedar-tone deck. The location is equally impressive—just a five-minute walk to Minnehaha Creek, four minutes to Armatage School and Park, and less than 10 minutes to popular neighborhood destinations, including Colita, Saturday Dumpling, and Radish Farm for groceries. This home combines classic character, thoughtful updates, versatile living spaces, and convenient access to some of the best amenities Southwest Minneapolis has to offer.

Single Family

  • Price
  • $ 550,000
  • City
  • Minneapolis
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • South Gate Terrace 2nd Div
  • Lot Size
  • 0.15 Acres
  • Zip
  • 55410
  • Sqr Footage
  • 2,059
  • Year Built
  • 1950
  • Taxes
  • $ 6992
  • Style
  • Single Family
  • MLS#
  • 7144128
Listed By: Fox Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2059
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 1
Pool Features None
Construction Materials Block
Year Built 1950
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name South Gate Terrace 2nd Div
Full Baths 1
Directions Xerxes Ave or Penn Ave to 55th St,South on Thomas Ave to home.
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 6992
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=n2JBVmUhfYF&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Finished,Full
Total Fireplaces 1
Fireplace Features Electric,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1616
Half Baths 1
Laundry Features In Basement,Gas Dryer Hookup,Laundry Room,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 443
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level 1/2 Bath
Dining Room Description Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 12x20
Garage Square Feet 240

Exterior Features

Fencing None
Parking Features Detached Garage,Garage Door Opener
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.15
Building Area Total 2059
Lot Dimensions 50X128
Waterfront Y/N No
Foundation Area 906
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks
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
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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

9/17/2026 Listed $550,000

Property vs Zip Code Average in 55410

Price
AVG $920K
$550K
Taxes
AVG $9,689
$6,992
Year Built
AVG 1962
1950
Visits
AVG 119
19
Data Provided by Inside Real Estate®

Areas That We Cover

5533 Thomas Avenue S Minneapolis, MN is a Single Family Home for sale at $550000 with 2059 sqft and a lot size of 0.15 Acres Acre(s). 5533 Thomas Avenue S Minneapolis has 4 bedrooms, 1 baths and was built in 1950. The property's zip code is 55410 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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