Minneapolis Homes under $250,000

Welcome to Minneapolis, a vibrant city nestled in the heart of Minnesota and the county seat of Hennepin County. Known for its rich cultural scene, stunning lakes, and thriving economy, Minneapolis offers a unique blend of urban sophistication and natural beauty. With its iconic skyline, diverse neighborhoods, and a strong sense of community, it’s no wonder that many are drawn to call this city home.

For those seeking affordability without compromising on quality of life, Minneapolis presents an array of charming homes priced under $250,000. These properties offer an excellent opportunity for first-time homebuyers, young professionals, or anyone looking to invest in a thriving market. From cozy bungalows in the historic neighborhoods of Northeast Minneapolis to modern townhomes in the up-and-coming areas near the North Loop, there’s something for everyone.

Residents enjoy easy access to an impressive array of amenities, including local shops, farmer’s markets, and a vibrant dining scene that showcases everything from food trucks to fine dining. The city’s extensive park system, including the scenic Chain of Lakes, provides ample opportunities for outdoor recreation, whether it’s biking, kayaking, or simply enjoying a leisurely stroll.

Minneapolis is also home to a robust arts community, with theaters, galleries, and music venues that cater to all tastes. With excellent schools and a strong job market, it’s a city that supports growth and opportunity. Explore the diverse neighborhoods and discover your perfect home in Minneapolis today, where affordability meets urban charm!

Newest Minneapolis Homes under $250,000

3624 Colfax Avenue S Unit 101, Minneapolis

$215,000

2 Beds ⋅ 1 Baths ⋅ 7158839 MLS

Check out this sweet, light-filled updated main-floor condo in a four-unit building, tucked into a quiet pocket on the edge of Uptown! This home has a warm, welcoming feel with beautiful hardwood floors and fresh paint throughout along with practical perks such as newer furnace, AC, updated electrical, one-car garage, free shared laundry and a shared gathering room. A friendly neighborhood setting with Uptown’s shops, restaurants and daily essentials within walking distance, plus convenient bus access. A lovely place to settle in and enjoy city life.

3624 Colfax Avenue S Unit 101, Minneapolis

Listing courtesy of Anderson Realty.

2900 11th Avenue S Unit 113, Minneapolis

$200,000

2 Beds ⋅ 2 Baths ⋅ 7156421 MLS

Freshly painted and move-in ready, this this 2-bedroom, 2-bathroom condo at Midtown Exchange Condos on the Greenway offers convenient one-level living on the main level. Open floor plan features a bright living room with gas fireplace, designated dining area and spacious kitchen with center island, bar seating, stainless steel appliances (2021) and generous storage. Primary bedroom includes a walk-in closet and private full bath. Washer/dryer updated in 2021 and bathroom refreshed in 2024. Enjoy in-unit laundry, underground parking space #186, secure building access, elevator and community party room with outdoor patio. An indoor tunnel connects to Midtown Exchange and Midtown Global Market - a great convenience during Minnesota winters. Near the Midtown Greenway, parks, lakes, dining, shopping, transit and Downtown Minneapolis.

2900 11th Avenue S Unit 113, Minneapolis

Listing courtesy of Edina Realty, Inc..

$120,000

2 Beds ⋅ 1 Baths ⋅ 7156496 MLS

Powderhorn Park Handyperson Special. Needs some TLC inside, exterior of home is maintenance free. Home features 2 good sized bedrooms, large bathroom, main floor laundry, deck, 2 car garage, 50 foot south facing lot. The inside needs a thorough cleaning throughout. No basement. Home needs paint and floor coverings throughout. Convenient S Mpls location with easy access to DT, Mpls and Powderhorm Park. Home is sold in "As Is" condition.

1108 E 36th Street, Minneapolis

Listing courtesy of Edina Realty, Inc..

2716 Humboldt Avenue S Unit 301, Minneapolis

$189,900

2 Beds ⋅ 1 Baths ⋅ 7053859 MLS

Welcome to this charming 2-bedroom, 1-bath condo in a desirable Minneapolis location, just a short distance from Lake of the Isles. The inviting living room features beautiful oak hardwood flooring that continues into both bedrooms. The kitchen offers stainless steel appliances and convenient functionality. A walk-through full bathroom features ceramic flooring. Enjoy outdoor living from the building’s rooftop decks or the main-level paver patio area. Excellent location with easy access to Lake of the Isles, area parks, walking and biking paths, restaurants, coffee shops, shopping and other Uptown Minneapolis amenities. A great opportunity to enjoy comfortable condo living in a vibrant Minneapolis neighborhood.

2716 Humboldt Avenue S Unit 301, Minneapolis

Listing courtesy of Keller Williams Classic Realty.

1901 Emerson Avenue S Unit 303, Minneapolis

$144,999

1 Beds ⋅ 1 Baths ⋅ 7158886 MLS

SELLER WILL PAY ONE FULL YEAR OF HOA FEES! Welcome to this bright and inviting condo in the heart of the highly sought-after Lowry Hill neighborhood—where timeless charm meets easy, modern city living. Perfectly positioned near some of Minneapolis’ most iconic destinations, this home offers a lifestyle that’s equal parts vibrant, convenient, and comfortable. Step inside and you’re immediately greeted by natural light pouring through a large picture window, giving the living space an open, airy feel that instantly lifts your mood. The spacious living room is flexible and welcoming—ideal for cozy nights in, hosting friends, or simply stretching out and enjoying your own space. The layout flows effortlessly into the dining area and kitchen, creating a connected, easy-to-live-in environment. The kitchen blends function and style with stainless steel appliances, generous cabinetry, and plenty of prep space to keep things running smoothly whether you’re cooking a quick weeknight meal or putting together a spread for guests. Just off the kitchen, the dining area offers a comfortable spot for everything from morning coffee to dinner with friends, all while staying connected to the main living space. The bedroom is a peaceful retreat with ample space for furniture and storage, making it easy to settle in and feel at home. The full bathroom is clean, classic, and practical—designed to keep up with everyday life without the fuss. Altogether, this condo delivers a low-maintenance lifestyle without sacrificing comfort or style. Life here comes with some great perks. The building is well-maintained and offers convenient onsite laundry, an elevator for easy access, and a standout rooftop terrace—perfect for soaking in skyline views, catching sunsets, or enjoying a summer evening breeze. And let’s not overlook the secured underground parking—a true Minnesota luxury that makes winters a whole lot more manageable. Location-wise, this one checks all the boxes. You’re just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes. Spend weekends biking around Lake of the Isles, paddleboarding on Bde Maka Ska, or strolling the trails at Cedar Lake. When it’s time to refuel, you’re surrounded by some of the city’s favorite spots—think cozy coffee shops, local boutiques, lively restaurants, and nightlife along Hennepin and Lyndale Avenues. Daily errands are easy with nearby grocery stores, fitness studios, and essentials all within reach. And when it’s time to commute, you’ll appreciate quick access to major roadways, public transit, and downtown business districts. Whether you’re searching for a stylish first home, a low-maintenance lifestyle, or a perfectly located city retreat, this Lowry Hill condo delivers. Bright, functional, and surrounded by everything that makes Minneapolis special—this is urban living done right.

1901 Emerson Avenue S Unit 303, Minneapolis

Listing courtesy of Real Broker, LLC.

3018 Aldrich Avenue S Unit 25, Minneapolis

$97,500

1 Beds ⋅ 1 Baths ⋅ 7158809 MLS

***Seller will pay for the first 6 months of the buyers association fee*** Premiere location in the heart of Uptown. Parking is included. This move-in-ready condo is equipped with engineered hardwood flooring, slate tile flooring, granite countertops, stainless steel appliances, window treatments, and maple cabinetry. It boasts a great sized bedroom with a full bathroom. Do not miss your opportunity to live right in Uptown, walkable to many shops, restaurants, and more. Rentals Allowed. Laundry is free in the basement, and there is a storage unit.

3018 Aldrich Avenue S Unit 25, Minneapolis

Listing courtesy of Keller Williams Premier Realty Lake Minnetonka.

$235,000

1 Beds ⋅ 1 Baths ⋅ 7156173 MLS

Urban living meets historic character in this unique condo at American Trio Lofts, located in the heart of Minneapolis' sought-after Mill District! Situated on the second floor, this 1-bedroom plus den residence showcases authentic loft-style living with exposed brick, industrial-inspired details, and an open, airy design. The distinctive lofted bedroom creates a separate sleeping area while preserving the spacious feel of the main living space. A versatile den provides additional flexibility for a home office, creative space or whatever suits your lifestyle. Residents enjoy convenient building amenities including a fitness room, rooftop deck, and 24-hour valet parking for one vehicle in the heated indoor garage, included in the HOA fee! Enjoy the ease of simply texting the valet when you're ready to leave and having your vehicle brought to the adjacent surface lot, with valet staff handling the parking upon your return. Beyond the building, experience everything the vibrant Mill District has to offer! Rich in history and surrounded by incredible dining, entertainment, and recreation, this prime location puts you near the Mississippi Riverfront, Stone Arch Bridge, Mill City Museum, Guthrie Theater, Gold Medal Park, and Mill Ruins Park. With its combination of architectural character, flexible living spaces, and an unbeatable urban location, this condo offers a wonderful opportunity to enjoy the best of Minneapolis city living! PID number for this sale listing is 2302924340599. There is an Active Rental Listing for this same property under MLS # 7155165.

250 Park Avenue Unit 215, Minneapolis

Listing courtesy of RE/MAX Results.

4400 Upton Avenue S Unit 101, Minneapolis

$234,900

2 Beds ⋅ 2 Baths ⋅ 7158686 MLS

*Fully Furnished and Move-in Ready* Move in ready updated 2 Bedroom + 1.5 Bath condo in secure building! Live in the heart of Linden Hills neighborhood in Southwest Minneapolis. Only 1.5 blocks to Lake Harriet and 1 block to Beard Plaisance Park with playground, gazebo and tennis courts. Adjacent blocks have shops, bakery, restaurants, schools and places of worship. Enjoy the Linden Hills and Lake Harriet life style! Updated condo is on 1st floor of secure building and has lots of natural light and loads of storage space. Wood, carpet and tile flooring creates a perfect mix of old-world charm and comfort. Remodeled bathrooms, updated kitchen includes new appliances, cherry cabinets, granite counter tops and fresh paint. Master bedroom has attached bathroom and large walk-in closet. 2nd bedroom also has large closet. High end closet organizer in bedrooms. All windows have up/down cellular shades. Three additional storage space: adjacent to dining room, front door and in hallway. Assigned heated garage space. Building interior was remodeled in July 2026: lighting, flooring, paint and decor in common areas: lobby, community room, hallways, laundry rooms and stairwells. Three on premise laundry rooms with no cost washers and dryers. New gardens and landscaping completed in August 2026. All new furnishing in February 2026: coffee maker, blender, plates, bowls, glasses, coffee cups, eating utensils, cutting boards, knives, measuring cups and spoons, cookware, cooking utensils, 2 x queen beds, 2 x bed side table, closet organizers for clothing storage, leather couch, leather recliner, side tables, tv, tv stand, dinner table and chairs. HOA dues include: heat, water, high speed internet, snow removal, lawn care, trash/recycling, hazard insurance, and all building common areas maintenance and repairs.

4400 Upton Avenue S Unit 101, Minneapolis

Listing courtesy of Beycome Brokerage Realty LLC.

$229,000

2 Beds ⋅ 2 Baths ⋅ 7158602 MLS

FANTASTIC INVESTMENT OPPORTUNITY! This well-maintained up/down duplex at 4049 Girard Ave N is ready for its next owner! With both units featuring fresh paint, gleaming hardwood floors, and stainless steel appliances, this property offers an excellent opportunity to start generating rental income. Whether you're looking to live in one unit while renting out the other or rent both units as an income-producing investment, the possibilities are exciting! Seller has made extensive updates to the home including installing a new furnace in 2020, all new water and gas lines and new main water line from the city connection to the home. The unfinished lower level provides additional storage space and houses the laundry facilities. Outside, enjoy a gorgeous corner lot with a fenced backyard, a detached two-car garage, and a concrete driveway. Conveniently located near restaurants, public transportation, parks, and major highways, with easy access to Downtown, this property offers a desirable location for tenants and owner-occupants alike. Whether you're just getting started or looking to expand your real estate portfolio, this duplex is an opportunity you won't want to miss! TISH completed and available in Supplements. Don't wait—come see the potential for yourself!

4049 Girard Avenue N, Minneapolis

Listing courtesy of RE/MAX Advantage Plus.

$235,000

3 Beds ⋅ 1 Baths ⋅ 7156932 MLS

Opportunity awaits! This 3-bedroom home offers a great opportunity to make it your own while building equity along the way! The main level features a spacious living room with a cozy fireplace, a functional kitchen with breakfast bar seating, and a dining area filled with natural light. Enjoy the added bonus of a screened porch, perfect for relaxing and enjoying the outdoors. Upstairs, you’ll find all three bedrooms conveniently located on one level, along with a full bathroom. The unfinished basement offers plenty of potential for additional finished living space, a recreation room, or whatever best suits your needs. Complete with an attached garage and a convenient Minneapolis location, this home is full of possibilities!

3514 4th Avenue S, Minneapolis

Listing courtesy of Real Broker, LLC.

1200 Nicollet Mall Unit 911, Minneapolis

$190,000

2 Beds ⋅ 1 Baths ⋅ 7093002 MLS

Exceptional top-floor living with quiet, sun-drenched southern plaza views at 1200 on the Mall. This top-floor condo boasts engineered hardwood floors, select fresh paint, a sun-filled southern exposure, and a private 60-sq-ft balcony. Highlights include a primary suite, versatile 2nd bedroom/office, stainless appliances, custom quartz kitchen counters, Cambria bathroom counter, and four expansive closets. Located in the highly desirable "1200 On the Mall" building—just 1 block from Skyway access and minutes from Target HQ, Orchestra Hall, Target Center, 1st Ave, and Loring Greenway! Enjoy top-tier building updates (remodeled lobby, gym, community room, ButterflyMX tech, new roof & railings). Amenities feature a 24/7 desk attendant, on-call maintenance, large guest parking lot, free laundry on each floor, and a storage unit. HOA also covers heat, cable, & internet. Plus you’re going to love the heated garage stall that comes with this home. This is the one you’ve been waiting for!

1200 Nicollet Mall Unit 911, Minneapolis

Listing courtesy of Keller Williams Realty Integrity Lakes.

3001 Lake Shore Drive Unit A, Minneapolis

$225,000

2 Beds ⋅ 1 Baths ⋅ 7157471 MLS

Enjoy an active lakes lifestyle and maintenance-free living at the Lakes Citihomes! Pride of ownership abounds in this meticulously cared for and updated two bedroom condo with a markedly contemporary feel. Large windows allow for tons of natural light in this bright and sunny unit with engineered maple hardwood floors and custom, solid, and modern interior doors. The gourmet kitchen features granite counters, newer stainless steel appliances and under-mount sink, tile backsplash and floors, recessed lighting, and stained-glass cabinet front accents. Just off the kitchen is a separate dining area with Scandinavian lighting and a floor-to-ceiling window. The kitchen and dining area communicate well and are open to the spacious and cozy living room area with a wood-burning fireplace with tile surround, recessed lighting, and floating Souda strut shelving. Both of the large dining room and living room windows boast modern and stained glass lower window accents. Pocket doors separate the living room from the primary bedroom with more hardwood floors, ample closet space, recessed lighting, and a large casement window bay. The opposite side of this 840 square foot unit features a second bedroom with immediate access to the balcony, which provides a nice treetop perch above street level. A full bathroom opposite the foyer and entry closet services both bedrooms and guests. A one car tuck-under attached garage provides ample room for a vehicle and additional storage, and leads to a common area with immediate access to a private laundry and furnace room and a separate, private storage room. Experience great walkability to the lakes, trails, restaurants, and groceries, and quick access to the airport, downtown, and more!

3001 Lake Shore Drive Unit A, Minneapolis

Listing courtesy of Korman Realty.

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