RealtyLens
for saleRealtyLens property overview
$499,999

5640 Washburn Ave S

Minneapolis, MN, 55410
View more Minneapolis, MN property pages
4Beds
2Baths
1,881Sqft
$266$/sqft

Listing Notes

Located in the heart of the sought-after Armatage neighborhood, this updated 4-bedroom, 2-bath home blends charm, functionality, and an unbeatable Southwest Minneapolis location. Filled with natural light and an open, welcoming feel, the home features spacious living areas, a flexible layout, and the convenience of an attached garage. With major mechanicals and big-ticket items already taken care of, you can move in without the stress of immediate maintenance or costly updates. In the last four years, the home has seen numerous improvements including a new roof, furnace, water heater, dishwasher, and fresh interior and exterior paint. Enjoy being just moments from Armatage Park, Minnehaha Creek, and neighborhood favorites like Pizzeria Lola, with easy access to parks, trails, dining, and everything that makes Southwest Minneapolis so desirable.

Market Insights

Below nearby median-13%

$266/sqft vs a nearby median of $306/sqft.

Nearby median$306/sqft
Nearby properties8
Property size1,881 sqft
  • -13% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,881 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$567k$521k$613k · 59% confidence
vs ask $500k−$67k (−13.4%)

Asking price is about 13.4% below the fair value — likely to draw competing offers if it's still on market.

$306/sqft median across 8 tight comps × 1,881 sqft= $576k
  • Mid-century building era−$9k −1.5%
Cumulative NYC adjustments−$9k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-13% 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 Read2 items 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
11 days
Last price change
No change recorded
Listed
May 1, 2026
Photos
33 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$499,999for 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.