5532 41st Avenue S - Photo 1
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5532 41st Avenue S
5532 41st Avenue S
5532 41st Avenue S
5532 41st Avenue S

5532 41st Avenue S, Minneapolis, MN 55417 - MLS# 7134936

MLS® #: 7134936|Days on Market: 61|Listed: Aug 28, 2026

$169,900

Bedrooms
1
Bathrooms
1
Square Feet
720
Acres
0.12
Year Built
1925
Property Type
Residential
Heating
Natural Gas, None
Cooling
None
Garages
1
Days on Market
61
School District
1 - Minneapolis

BUILDER/DEVELOPER OPPORTUNITY! Rare opportunity to build in South

Minneapolis on a 40' x 128' lot. Existing structure is a confirmed teardown, with substantial pre-development work already completed.

Professional survey completed, asbestos testing completed with negative results, demolition permit obtained, water service disconnected at the curb, utilities disconnected, property completely

cleaned out, and erosion-control measures installed. Seller originally intended to proceed directly with demolition and excavation for new

construction. Much of the initial due diligence and site preparation has already been completed, offering a builder the opportunity to move

forward without starting from scratch. Survey and asbestos documentation available.

5532 41st Avenue S, Minneapolis, MN 55417

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Interior Information

BasementFull
FuelNatural Gas

Size & Levels

LevelsOne
Total Finished Sq Ft1,440 sq ft
Above Grade Finished720 sq ft
Main Level Finished720 sq ft

Bathrooms

Full Baths1

Exterior & Parking

ExteriorWood
FoundationCombination
Garage Stalls1
ParkingDetached Garage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.12 acres
Lot Dimensions40x128
ZoningResidential-Single Family
SubdivisionMorris Park 2nd Add
TownshipMinneapolis
CountyHennepin
SewerCity Sewer - In Street
WaterCity Water - In Street

Financial & Tax Information

Annual Taxes$2,013
Tax Year2026
Tax w/ Assessments$2,013
Assessment PendingNo
Parcel Number1902823120136
Financing OptionsContract for Deed, Conventional, Cash
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1950-1959, about 87% of occupied homes are owner-occupied, and the average commute is 21 minutes.

Cost of Ownership

Median home value

$313,100

Lower than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,561/yr

Lower than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$1,750/mo

Lower than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$710/mo

Lower than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,636/mo

Higher than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

87%

Higher than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1949

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 1950-195943%
  • 1940-194920%
  • 1939 or earlier31%

Types of homes

The share of housing units in each building type.

  • Single-family detached96%

Getting Around

Average commute

21 min

Lower than the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone67%
  • Carpool11%
  • Public transit5%
  • Work from home13%

Homes with broadband

98%

Higher than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Lake Nokomis Wenonah Elementary, Sanford Middle and Roosevelt High attendance areas of Minneapolis Public School District.

Elementary

More than one school serves this area

Lake Nokomis Wenonah Elementary

Grades K-1 · 1.2 mi away

Enrollment
152
Students per teacher
12.7

5625 23rd Ave S, Minneapolis, MN 55417

(612) 668-5040

Middle

Sanford Middle

Grades 6-8 · 2.5 mi away

Enrollment
728
Students per teacher
16.2

3524 42nd Ave S, Minneapolis, MN 55406

(612) 668-4900

High

Roosevelt High

Grades 9-12 · 2.1 mi away

Enrollment
1,148
Students per teacher
14.9

4029 28th Ave S, Minneapolis, MN 55406

(612) 668-4800

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: Northstar Real Estate Associates
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.