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$350,000

5116 45th Ave S Minneapolis, MN 55417

2 beds
1 full
946 sqft
$370 / sqft
House

Property details

About 5116 45th Ave S

Beautifully updated and filled with natural light, this inviting one-story home features a sought-after open floor plan with hard wood floors on a quiet, tree-lined street. The stunning kitchen boasts stainless steel appliances, granite countertops, and abundant cabinet space-perfect for everyday living and entertaining alike. Step outside into a fully fenced, landscaped backyard that feels like a private retreat. Enjoy a maintenance-free deck, spacious patio with built-in fire pit, and lush gardens-ideal for hosting or relaxing. Sliding glass doors seamlessly connect indoor and outdoor spaces, creating a perfect blend of comfort and style. Inside, the primary bedroom includes a generous closet, and the updated main-level bathroom adds modern appeal. A convenient main-floor washer and dryer add to the home's ease of living. Located near Minnehaha Falls, the Grand Rounds Trail System, the Mississippi River, Minnehaha Dog Park, Light Rail transit, and the vibrant Nokomis East area with its local restaurants and shopping-this home offers the best of both serenity and city access.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Radiant Floor
StatusActive
CoolingCentral Air
Size946 sqft
BasementYes
Year built1918
ParkingDetached, Asphalt, Electric, Garage Door Opener, Guest Parking
MLS #6742163
Garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Asphalt, Electric, Garage Door Opener, Guest Parking
  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air
  • List Price: $350,000
  • Price/SqFt: $369
  • HOA Amount: $0
  • Annual Tax Amount: $3,745
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: 50th Street to 43rd Ave, South to 51st, East to 45th Ave, South to home
  • Year Built: 1918
  • Living Area: 946 SqFt
  • MLS Number: 6742163
  • MLS Name: NORTHSTAR
  • Office Name: Edina Realty, Inc.

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Price information

Property sales

DateEventPrice
Jun 24, 2024
Home Sold
$337,000
Aug 17, 2004
Home Sold
$156,500

Tax history

YearAssessmentProperty Tax
2023$297,000$3,745
2022$271,000$3,410
2021$251,000$3,295
2020$240,000$3,028
2019$211,825$3,101
2018$199,835$3,020
2017$174,220$2,652

History based on county public records data.

Nearby schools

6

Northrop Community School

Public District KG-5

1.3 mi

4315 31st Ave S

8

Horace Mann School

Public District KG-5

1.4 mi

2001 Eleanor Ave

4

Michael Dowling Elementary School

Public Magnet KG-5

1.6 mi

3900 W River Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $68,257. Typical income of Minneapolis, MN residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

12%
<35k
64%
35k-100k
23%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
6%
Single, with Kids
27%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
4%
12-17 yrs old
21%
18-34 yrs old
52%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5116 45th Ave S

The listing price of 5116 45th Ave S property is $350,000.

The property 5116 45th Ave S is a house located in Minneapolis, Minnesota, 55417.

Active Listing: 5116 45th Ave S is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5116 45th Ave S are: Northrop Community School (GreatSchools Rating 6/10), Horace Mann School (GreatSchools Rating 8/10), Michael Dowling Elementary School (GreatSchools Rating 4/10), Hennepin Middle School (GreatSchools Rating 2/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), Urban Academy Charter School (GreatSchools Rating 5/10), Roosevelt Senior High School (GreatSchools Rating 4/10), Roosevelt High School (GreatSchools Rating 8/10), Highland Park Senior High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2023 is $3,745 (source: MLS/based on county public records data).

The last sale was on June 24, 2024 for $337,000 (source: MLS/tax record).

The property at 5116 45th Ave S has 2 bedrooms and 1 bathroom.

The property 5116 45th Ave S is 946 SqFt (source: MLS/tax record).

The year of construction for 5116 45th Ave S is 1918.

This home is located at 5116 45th Ave S in Minneapolis, MN and zip code 55417 in the Nokomis neighborhood. This 946 square foot home was built in 1918. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 25, 2025 and is currently priced at $350,000.

In June 2025 more than 634 listings in Minneapolis, MN were sold above the asking price. During the same period more than 245 listings were sold at asking price, while more than 363 were sold below. The number of homes for sale in Minneapolis, MN increased by 3.4% between May and June 2025. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $359,091.

From Rocket Homes Real Estate and based on county public records data.

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