RealtyLens
for saleRealtyLens property overview
$234,900

3042 15th Ave S

Minneapolis, MN, 55407
View more Minneapolis, MN property pages
4Beds
2Baths
2,620Sqft
$90$/sqft

Listing Notes

Opportunity for equity building potential in a spacious house with double wide lot with an attached art/music studio/additional family room and what used to be the attached 2 car garage. New kitchen, refinished hardwood floors that may need some work again, exterior painted, etc. Likely needs boiler replacement, plumbing replacement, electrical work, etc. Detached garage currently on the alley. Cash/hard money/private funding only for fast closing.

Market Insights

Below nearby median-52%

$90/sqft vs a nearby median of $188/sqft.

Nearby median$188/sqft
Nearby properties7
Property size2,620 sqft
  • -52% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 2,620 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$493k$449k$537k · 50% confidence
vs ask $235k−$258k (−109.8%)

Asking price is about 109.8% below the fair value — likely to draw competing offers if it's still on market.

$184/sqft median across 6 tight comps × 2,620 sqft= $481k
  • Pre-war character+$12k +2.5%
Cumulative NYC adjustments+$12k+2.5%

Property Read

FreshnessVerification recommended

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

Market Position-52% 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

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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 9, 2026
Photos
3 photos
Property type
single family
Status
for sale

Price History

May 9, 2026Initial record
$234,900for 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.