RealtyLens
for saleRealtyLens property overview
$199,000

5349 Nokomis Ave S

Minneapolis, MN, 55417
View more Minneapolis, MN property pages
1Beds
1Baths
708Sqft
$281$/sqft

Listing Notes

Welcome to this well-maintained 1-bedroom, 1-bath home tucked away on a quiet dead-end street just outside of Northeast Minneapolis. Offering a solid foundation and thoughtful care throughout the years, this home is move-in ready with an opportunity for you to make it your own. Inside, youll find a functional layout with comfortable living spaces and great natural light. While the home reflects its original character, it presents an excellent opportunity to add your personal style and build equity over time. Enjoy the peaceful setting with minimal traffic, all while being just minutes from shopping, dining, coffee shops, and everything Northeast Minneapolis has to offer. Whether you're a first-time buyer or looking for your next investment, this is a fantastic opportunity in a convenient location.

Market Insights

Below nearby median-37%

$281/sqft vs a nearby median of $446/sqft.

Nearby median$446/sqft
Nearby properties1
Property size708 sqft
  • -37% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 708 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$319k$293k$345k · 58% confidence
vs ask $199k−$120k (−60.3%)

Asking price is about 60.3% below the fair value — likely to draw competing offers if it's still on market.

$446/sqft median across 1 tight comps × 708 sqft= $316k
  • Pre-war character+$8k +2.5%
  • Sparse street life−$5k −1.5%
Cumulative NYC adjustments+$3k+1.0%

Property Read

FreshnessVerification recommended

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

Market Position-37% 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
Assistant read

Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.

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
31 photos
Property type
single family
Status
for sale

Photos

Price History

May 8, 2026Initial record
$199,000for 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.