$7,896 Closing Credit¹
#6558383, Listing Office: MN Realty Group Inc.
$6,234
closing credit¹
5548 42nd Ave S Minneapolis, MN 55417
$525,000 List price
$6,234
Closing credit¹
4 beds
2 full, 1 partial
2,520 sqft
$208 / sqft
House
Property details
About 5548 42nd Ave S
One-of-a-kind property with 4 bedrooms, 2.5 baths, and new 3-car garage on an oversized lot. Tons of updates including newer windows, flooring, appliances, fencing, and more. Main level with original HW character floors, recently updated kitchen with eat-in nook, 3 bedrooms and updated bath. Upper level has 2nd kitchen, family room, bedroom and full bath – would make a good rental, in-law or caretaker suite, or convert into killer owner’s suite. Lower level has HUGE family room with 10” ceilings – the potential is endless! Fenced yard with patio, firepit and a one-year home warranty provided by the seller. Don’t wait!
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,520 sqft
BasementYes
Year built1953
ParkingDetached, Concrete, Garage Door Opener, Guest Parking
MLS #6640645
Garage3 spaces
Summary
- MLS Number: 6640645
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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$525,000
5548 42nd Ave S
$6,234
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 09, 2014 | Home Sold | $207,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $411,000 | $5,441 |
| 2022 | $371,000 | $4,830 |
| 2021 | $359,000 | $4,913 |
| 2020 | $359,000 | $4,749 |
| 2019 | $302,840 | $4,640 |
| 2018 | $271,775 | $4,323 |
| 2017 | $241,255 | $3,898 |
History based on county public records data.
Nearby schools
6
Northrop Community School
Public District KG-5
1.7 mi
•4315 31st Ave S
10
Jie Ming Mandarin Immersion Academy
Public Magnet KG-5
1.7 mi
•1845 Sheridan Ave
8
Horace Mann School
Public District KG-5
1.9 mi
•2001 Eleanor Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,883. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
8%
<35k
71%
35k-100k
21%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
56%
Single, No Kids
9%
Single, with Kids
22%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
5%
12-17 yrs old
26%
18-34 yrs old
47%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Tennis
Live Theatre
Where do the neighbors shop?
IKEA
Crate & Barrel
Bloomingdales
Where do the neighbors go to eat?
Quiznos
Starbucks
Boston Market
What do the neighbors drive?
Lexus
BMW
Mercedes
What do the neighbors listen to?
Soft Adult Contemporary
News- Alternative
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5548 42nd Ave S
This home is located at 5548 42nd Ave S in Minneapolis, MN and zip code 55417 in the Morris Park neighborhood. This 2,520 square foot home was built in 1953. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 20, 2025 and is currently priced at $525,000.
In January 2025 more than 161 listings in Minneapolis, MN were sold above the asking price. During the same period more than 152 listings were sold at asking price, while more than 309 were sold below. Between December and January 2025, Minneapolis, MN real estate market has seen decrease in the number of listings by 0.1%. While the average time on the market in January 2025 was 47 days, the median list price was $350,000.
From Rocket Homes Real Estate and based on county public records data.