5532 41st Avenue SMinneapolis, MN 55417
$169,900
1 bedrooms · 1 bathrooms · 720 finished sq ft · 0.12 acre lot
About this home
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.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1925
- Bedrooms
- 1
- Bathrooms
- 1
- Finished sq ft
- 720
- Lot
- 0.12 acres
- Garage
- 1 stalls
- Basement
- Full
- Heating
- Natural Gas, None
- Cooling
- None
- Property taxes
- $2,013 a year
- Listed
- August 28, 2026
- MLS number
- 7134936
Listing courtesy of Northstar Real Estate Associates (Jacob Szoka). MLS #7134936.
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How it compares
5532 41st Avenue S, Minneapolis, MN 55417 is a 1-bedroom single-family home built in 1925 in Morris Park, listed for $169,900 on August 28, 2026 by Northstar Real Estate Associates. That is in the lower quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $236 per square foot here against $207 for the group). That works out to $236 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Morris Park, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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