RealtyLens
for saleRealtyLens property overview
$300,000

4930 38th Ave S

Minneapolis, MN, 55417
View more Minneapolis, MN property pages
2Beds
0.75Baths
912Sqft
$329$/sqft

Listing Notes

Just two blocks south of Minnehaha Parkway and minutes to Minnehaha Falls, trails, and the off-leash dog park, this charming home offers an unbeatable location along with many of the big-ticket updates already completedwhile still leaving room to make it your own. The inviting floor plan features hardwood floors, fresh paint, high ceilings, and a blend of charming vintage details, cool roof lines, and cozy nooks. Recent updates include roof, windows, furnace, A/C, water heater, exterior doors, washer/dryer, range, vent hood, and refrigerator. A standout feature is the bonus room off the back bedroomideal for a home office, studio, reading nook, or playroom. The enclosed front porch lives like an additional roomperfect for relaxing or entertainingwhile the back deck provides excellent outdoor living space. The lower-level tub has been thoughtfully adapted as a dog-washing stationan added perk for pet lovers. The oversized lot is perfect for gardening enthusiasts, with an extra-high fenced yard ideal for pets and play. A double gate provides easy access to the carport (or potential patio space) and shed. With the parkway just steps away, enjoy miles of biking and walking trails connecting the city lakes, river parkway, and both Minneapolis and St. Paul. Set in a fantastic neighborhood, this is a great opportunitypriced to sell!

Market Insights

Above nearby median+41%

$329/sqft vs a nearby median of $233/sqft.

Nearby median$233/sqft
Nearby properties12
Property size912 sqft
  • +41% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 912 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$210k$194k$226k · 64% confidence
vs ask $300k+$90k (+30.0%)

Asking price is about 30.0% above where comps + adjustments land — there is room to negotiate.

$228/sqft median across 11 tight comps × 912 sqft= $208k
  • Pre-war character+$5k +2.5%
  • Sparse street life−$3k −1.5%
Cumulative NYC adjustments+$2k+1.0%

Property Read

FreshnessVerification recommended

The page is useful for research, but the status and price should be verified before acting.

Market Position+41% vs nearby

The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
4 days
Last price change
No change recorded
Listed
May 8, 2026
Photos
50 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$300,000for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.