Minneapolis Homes under $250,000

Welcome to Minneapolis, a vibrant city nestled in the heart of Minnesota, specifically within Hennepin County. Known for its stunning lakes, rich cultural scene, and friendly neighborhoods, Minneapolis is a city that beautifully blends urban sophistication with outdoor adventure. Whether you’re strolling along the picturesque Chain of Lakes or exploring the eclectic arts district, there’s something here for everyone.

For those looking to plant roots in this dynamic city, Minneapolis offers an array of homes priced under $250,000, making it an attractive option for first-time homebuyers, young professionals, and families alike. These affordable homes provide an excellent opportunity to enjoy the city's amenities without breaking the bank. You can find charming bungalows, cozy townhomes, and even some delightful fixer-uppers that are just waiting for your personal touch.

Living in Minneapolis means you’ll enjoy access to a thriving job market, top-notch schools, and a plethora of recreational activities. With over 200 miles of trails and numerous parks, outdoor enthusiasts will find endless opportunities for biking, hiking, and enjoying the great Minnesota outdoors. The city is also home to a vibrant arts scene, with theaters, galleries, and music venues that keep the cultural pulse alive.

In addition to its affordability, Minneapolis boasts a diverse community, where inclusivity and innovation thrive. With a strong sense of belonging and an ever-evolving landscape, now is the perfect time to discover your dream home in this charming city. Come explore the possibilities that await you in Minneapolis!

Newest Minneapolis Homes under $250,000

$250,000

2 Beds ⋅ 1 Baths ⋅ 7156799 MLS

Come home to this conveniently located Cooper neighborhood Craftsman! This 1920's home has restored hardwood floors, cozy radiant heat, fresh paint throughout and a food forest that has been lovingly grown and cared for throughout the years. The Minnesota native pollinator garden attracts bees, butterflies, hummingbirds and birds. You can enjoy many perennials such as blueberry, honeyberry, currant, elderberry, cherry, plum, raspberry, aronia, serviceberry, jostaberry and harvest hazelnuts from your very own tree! The sweet front porch leads you inside to your living room and dining room, properly positioned to host. The main floor bedroom is just steps from the full bath. On the upper level, you will find the second bedroom with built in dresser drawers. There is also a bonus space at the landing which can be another cozy seating area or office as well as a large closet space for upper level storage. The backyard includes a gardening shed and plenty of space to build a garage. You are a short walk to many delicious restaurants like the iconic Hi Lo Diner, grocery shopping at Longfellow Market, a neighborhood hardware store, multiple coffee shops and the stunning Mississippi River!

3140 40th Avenue S, Minneapolis

Listing courtesy of Anderson Realty.

$245,000

4 Beds ⋅ 2 Baths ⋅ 7156752 MLS

Character takes the lead in this beautifully updated Minneapolis 1.5-story, where charming built-ins, a striking wood-burning fireplace, and thoughtful improvements create a home with real presence. The main level offers a bright living room, formal dining room, two bedrooms, and a kitchen with stainless steel appliances, including a brand-new refrigerator and microwave. New carpet and LVP flooring bring a refreshed feel throughout. Upstairs, the third bedroom includes a generous flex space ideal for an office, reading area, or additional lounge. The finished basement adds a fourth bedroom with a walk-in closet, space for a family room, and abundant storage. Outside, a rear deck and detached two-car garage add useful outdoor and parking space, with convenient access to transit, shopping, and downtown Minneapolis.

3422 Emerson Avenue N, Minneapolis

Listing courtesy of Kris Lindahl Real Estate.

3540 Hennepin Avenue Unit 210, Minneapolis

$162,500

1 Beds ⋅ 1 Baths ⋅ 7152292 MLS

Move in ready condo with new dishwasher and disposal and freshly painted, located close to the lakes, shops and restaurants. On the bus line to downtown and U of M. Well equipped kitchen with granite countertops, maple cabinets and stainless steel appliances. Rare in-unit washer and dryer. spacious bedroom with large closet. Additional features include underground parking and bike storage and storage unit. This unit delivers the perfect blend of updates, convenience and city living.

3540 Hennepin Avenue Unit 210, Minneapolis

Listing courtesy of Hollway Real Estate.

$250,000

4 Beds ⋅ 1 Baths ⋅ 7155724 MLS

Welcome home to this beautifully updated 4-bedroom, 1-bath home offering a fresh, move-in-ready feel throughout. The interior features an updated kitchen and bathroom, new flooring, fresh finishes, and plenty of natural light. The lower level also offers a versatile flex room, perfect for a home office, workout space, playroom, or additional storage. Outside, enjoy a freshly sodded yard, updated driveway, new fencing, and a spacious one-car detached garage offering plenty of room for parking and storage. With updates throughout both the interior and exterior, this home offers a great combination of modern finishes, functional space, and a generous yard

3343 Colfax Avenue N, Minneapolis

Listing courtesy of RE/MAX Results.

$229,900

4 Beds ⋅ 2 Baths ⋅ 7151856 MLS

Updated and remodeled 4-bedroom, 2-bathroom home with a 1-car garage, beautiful kitchen with new stainless steel appliances, dedicated dining room, and central A/C and heat. Two bedrooms are conveniently located on the main level. Ideally located just minutes from Folwell Park, this home features numerous updates throughout, including newer flooring, fresh interior and exterior paint, new countertops, new stainless steel appliances, new washer and dryer, updated bathrooms and plumbing, and new light fixtures. Enjoy the convenience of in-home laundry and a beautiful backyard, perfect for entertaining or enjoying the outdoors. It’s the perfect combination of space, updates, and location. The home shows beautifully and is truly move-in ready. Just move your furniture in and start enjoying this fully remodeled home!

3754 Bryant Avenue N, Minneapolis

Listing courtesy of eXp Realty.

$250,000

2 Beds ⋅ 1 Baths ⋅ 7144839 MLS

Cute, charming and full of potential in South Minneapolis! Welcome to 5236 37th Ave S, a cozy 2-bedroom, 1-bath home with a fnced in backyard and newer great concrete patio, oversized two car garage and large parking pad in the alley, with a classic exterior, great curb appeal and a manageable layout that makes everyday living easy. Enjoy the neighborhood setting while being conveniently located near parks, restaurants, shopping and everything South Minneapolis has to offer. Whether you’re a first-time buyer, downsizing, or simply looking for a place to make your own, this adorable home is ready for its next chapter.

5236 37th Avenue S, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$239,900

2 Beds ⋅ 2 Baths ⋅ 7152686 MLS

Enjoy downtown Minneapolis skyline views and convenient city living in this three-story, 2-bedroom, 2-bath townhome near Bassett Creek and Sumner Field. The open main living level features a spacious living and dining area with large windows and abundant natural light. The kitchen offers stainless steel appliances, ample cabinetry, and a breakfast bar overlooking the living space. Sliding doors lead to a deck just off the kitchen, providing an easy spot for outdoor dining or relaxing. Upstairs, two bedrooms and convenient upper-level laundry keep everyday essentials together. An attached tandem garage provides parking and additional storage. Close to downtown dining, shopping, entertainment, parks, and major freeways.

903 8th Avenue N, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$215,000

2 Beds ⋅ 2 Baths ⋅ 7155867 MLS

Pictures are virtually staged, Fully remodeled 2bedroom 2bath home! Large bedrooms and everything on one floor!

4618 Aldrich Avenue N, Minneapolis

Listing courtesy of Home Sellers.

$225,000

1 Beds ⋅ 2 Baths ⋅ 7155671 MLS

Own for cheaper than rent in the heart of Minneapolis! This classic white stucco bungalow in the vibrant Powderhorn Park neighborhood is priced to sell at $225,000, offering an unbeatable opportunity to build quick equity. The sun-drenched main level boasts gorgeous hardwood floors, a welcoming living room, a formal dining room, a convenient main-floor bedroom, and a full bath. You will fall in love with the spacious kitchen, complete with an adorable built-in breakfast booth perfect for your morning coffee. Downstairs, the basement features a dedicated laundry area and two non-conforming bedrooms—one with a coveted walk-in closet—offering flexible space for a home office, gym, or future finished equity. Step outside into your own private city oasis. The expansive, fully fenced backyard features established gardens loaded with homegrown strawberries, raspberries, grapes, and blueberries, plus a 1+ car garage off the alley. Beyond your property line, you enjoy premier neighborhood bragging rights: you are just blocks from the scenic trails and community events at Powderhorn Park, and minutes from local favorites like the May Day Cafe. Stop paying a landlord and start investing in your future today!

3704 16th Avenue S, Minneapolis

Listing courtesy of River Source Realty.

2536 Dupont Avenue S Unit 101, Minneapolis

$98,000

1 Baths ⋅ 7149111 MLS

Rarely does a condo at this price come with its own off-street parking space! This cute and affordable Uptown studio puts you right where you want to be, with neighborhood restaurants, grocery shopping, coffee shops and the Midtown Greenway all within easy walking distance. Downtown Minneapolis is just a quick commute away. Inside, you’ll find brand-new carpet (2026), plus newer appliances, countertop and bathroom fixtures updated in 2020. USI Fiber Optic internet is available, and free laundry and a storage unit is conveniently located right across the hall. Pets are welcome, too! An affordable opportunity to own in a walkable Uptown location with everyday conveniences close at hand. At this price, you better act quick. Be the lucky buyer!

2536 Dupont Avenue S Unit 101, Minneapolis

Listing courtesy of Edina Realty, Inc..

$224,900

1 Beds ⋅ 1 Baths ⋅ 7130831 MLS

South facing condo with unobstructed downtown views from every window and natural light flowing in all day – this is your perfect city oasis! Take in sunrise, sunset, and city lights all from your private balcony with your coffee or drink of choice to start and end your day. All the basic comforts are included with in unit washer & dryer, assigned garage spot, on site 24-hour security, and a private storage space. Amenities are top-notch and include an outdoor pool, high-end gym, community room, hot tub, deck, dog park, two party rooms, and upgraded lobby – plenty to do here! Enjoy nature in the heart of downtown with the Mississippi biking and walking trail right in front of the building. Highly walkable location with Trader Joes, Whole Foods, exceptional restaurants, coffee shops, and entertainment all just a short walk away. Come see for yourself – schedule your private tour today!

401 S 1st Street Unit 1103, Minneapolis

Listing courtesy of DRG.

$144,900

2 Beds ⋅ 2 Baths ⋅ 7155898 MLS

Welcome to Centre Village Condos, ideally situated in the heart of downtown Minneapolis. This 2 bed, 2 bath unit on the 21st floor offers city views and an open, functional 915 square feet of living space. Freshly updated with new paint, interior doors, and bathroom finishes, plus a remodeled kitchen featuring brand new cabinets. Enjoy ultimate urban convenience with direct skyway access connecting you to the best of downtown without ever stepping outside. Steps from U.S. Bank Stadium, the Guthrie Theater, Mill City Museum, Trader Joe's, Whole Foods, and some of the city's best restaurants and breweries, everything you need is right at your doorstep. Complimentary in-building laundry is right next door to the unit and easy elevator access just down the hall make everyday living effortless. The HOA fee covers an extensive range of amenities and utilities, including cable, internet, water, heat, building insurance, security staff, and professional management, plus access to the pool, hot tub, gym, game room, library, and the 15th-floor patio. Low-maintenance urban living at its best. A rare opportunity to own in one of downtown Minneapolis's most connected communities.

433 S 7th Street Unit 2113, Minneapolis

Listing courtesy of DRG.

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