RealtyLens
for saleRealtyLens property overview
$325,000

5701 38th Ave S

Minneapolis, MN, 55417
View more Minneapolis, MN property pages
3Beds
2Baths
1,670Sqft
$195$/sqft

Listing Notes

Situated on a desirable corner lot in South Minneapolis, this move-in-ready home offers three bedrooms and three bathroomsone full bath on the main level and two half baths. The lower-level bathroom has opportunity to revise an old shower. Enjoy a living room and main-floor bedroom with beautiful hardwood floors. Two upstairs bedrooms feature new carpet. The finished lower level includes a decent-sized family room with new carpet plus another room with new carpetideal for a fourth bedroom, office, or guest space. Additional highlights include a fenced backyard and two-car garage. A short, pleasant bike ride reaches Lake Nokomis or Minnehaha Falls. In good condition throughout with fresh updates, this home delivers comfortable living in a fantastic neighborhoodperfect for those seeking convenience and value in South Minneapolis.

Market Insights

Below nearby median-26%

$195/sqft vs a nearby median of $262/sqft.

Nearby median$262/sqft
Nearby properties12
Property size1,670 sqft
  • -26% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,670 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$419k$389k$449k · 68% confidence
vs ask $325k−$94k (−28.9%)

Asking price is about 28.9% below the fair value — likely to draw competing offers if it's still on market.

$255/sqft median across 8 tight comps × 1,670 sqft= $425k
  • Sparse street life−$6k −1.5%
Cumulative NYC adjustments−$6k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-26% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

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
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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
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
50 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$325,000for 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.