RealtyLens
for saleRealtyLens property overview
$200,000

1505 E 38th St

Minneapolis, MN, 55407
View more Minneapolis, MN property pages
2Beds
1.5Baths
1,300Sqft
$154$/sqft

Listing Notes

Move-in ready and full of value, this well-maintained 2-bedroom, 2-bath townhome offers comfortable living in a convenient Minneapolis location. Paint throughout creates a clean, updated feel, while laminate flooring in the entry, kitchen, and half bath adds style and durability. The functional layout features bright living spaces, spacious bedrooms, and a lower-level area with excellent potential for a family room, home office, workout space, or additional entertaining area. Enjoy the convenience of a single garage, low association fees, and quick possession possible for an easy transition into your new home. Located close to shopping, dining, parks, transit, and major commuting routes, this property combines affordability, convenience, and opportunity. A great choice for first-time buyers, downsizers, or investors looking for a solid Minneapolis property with room to personalize and grow.

Market Insights

Below nearby median-16%

$154/sqft vs a nearby median of $184/sqft.

Nearby median$184/sqft
Nearby properties4
Property size1,300 sqft
  • -16% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,300 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$235k$210k$260k · 33% confidence
vs ask $200k−$35k (−17.5%)

Asking price is about 17.5% below the fair value — likely to draw competing offers if it's still on market.

$184/sqft median across 4 tight comps × 1,300 sqft= $239k
  • Mid-century building era−$4k −1.5%
Cumulative NYC adjustments−$4k−1.5%

Property Read

FreshnessVerification recommended

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

Market Position-16% 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
0 days
Last price change
No change recorded
Listed
May 12, 2026
Photos
26 photos
Property type
townhomes
Status
for sale
Last sold
Nov 15, 1990 · $61,400
Garage
1 space

Features & Amenities

Security FeaturesDishwasherPets AllowedWasher DryerBasementTwo Or More StoriesGarage 1 Or MoreHome OfficeOfficeFamily RoomShopping NearbyParkShopping

Photos

Price History

May 13, 2026Initial record
$200,000for 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.