$389,000
Minneapolis, MN 55406
MLS# 7037001
2 beds | 2 baths | 2334 sqft

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Property Description
Rare Opportunity in a Prime Location. Move in with ease while unlocking this home’s full potential over time. This property offers a unique chance to build equity by finishing the upper level and basement to fit your vision and lifestyle. The main level features two bedrooms, beautifully refinished hardwood floors, and an updated kitchen with new appliances, complemented by fresh paint and new flooring in the kitchen and bath. Upstairs, a fully insulated, expansive second level awaits your ideas—perfect for a spacious primary suite, additional bedrooms, a home office, creative studio, or even a private living area. The basement provides added flexibility, with a 3/4 bath, seven-foot ceilings, and space to create additional bedrooms (with egress windows), a family room, or a home theater. An oversized two-car garage offers generous storage with an upper level, plus the convenience of an attached covered carport. The fenced backyard features low-maintenance landscaping, ideal for easy upkeep. Enjoy a highly walkable location with quick access to River Road, public transit, and nearby shopping, dining, and amenities along Lake Street, Hiawatha Avenue, Minnehaha Avenue, and 46th Street. A solid home with room to grow—bring your vision and make it your own.
Details
Maps
Contract Information
Owner is an Agent?: Yes
Auction?: No
Status: Active
Contingency: Inspection
Current Price: $389,000
Original List Price: 389000
ListPrice: 389000
List Date: 2026-04-01
Office/Member Info
Association: SPAAR
General Property Information
# Carport Spaces: 1
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 0
Waterfront Present: No
Year Built: 1926
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 40 x 127
Acres: 0.12
Bath Three Quarters: 1
Bath Half: 0
Bath Quarter: 0
Main Floor Total SqFt: 804
Above Grd Total SqFt: 1518
Below Grd Total SqFt: 816
Total Finished Sqft: 804.00
FireplaceYN: No
Foundation Size: 816
Style: (SF) Single Family
Garage Stalls: 2
Association Fee: 0
Assessment Pending: No
Bedrooms: 2
Baths Total: 2
Bath Full: 1
Total SqFt: 2334
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 002 BLOCK 005 L D RICHARDSONS 2ND ADDN TO MPLS
Listing City: Minneapolis
Map Page: 121
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 8136
Property ID Number: 0702823110123
Tax Year: 2026
Tax Amount: 4805
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Rare Opportunity in a Prime Location. Move in with ease while unlocking this home’s full potential over time. This property offers a unique chance to build equity by finishing the upper level and basement to fit your vision and lifestyle. The main level features two bedrooms, beautifully refinished hardwood floors, and an updated kitchen with new appliances, complemented by fresh paint and new flooring in the kitchen and bath. Upstairs, a fully insulated, expansive second level awaits your ideas—perfect for a spacious primary suite, additional bedrooms, a home office, creative studio, or even a private living area. The basement provides added flexibility, with a 3/4 bath, seven-foot ceilings, and space to create additional bedrooms (with egress windows), a family room, or a home theater. An oversized two-car garage offers generous storage with an upper level, plus the convenience of an attached covered carport. The fenced backyard features low-maintenance landscaping, ideal for easy upkeep. Enjoy a highly walkable location with quick access to River Road, public transit, and nearby shopping, dining, and amenities along Lake Street, Hiawatha Avenue, Minnehaha Avenue, and 46th Street. A solid home with room to grow—bring your vision and make it your own.
Directions: 38th St to 43rd Ave S, south to home.
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Kitchen Window: 1
Appliances
Dishwasher: 1
Dryer: 1
Range: 1
Refrigerator: 1
Washer: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 4805
Basement
Concrete Block: 1
Foundation Dimensions: 23 x 35
Bath Description
Main Floor Full Bath: 1
3/4 Basement: 1
Building Information
Finished SqFt Above Ground: 804
Construction Status
Previously Owned: 1
Dining Room Description
Informal Dining Room: 1
Exterior
Stucco: 1
Vinyl: 1
Fencing
Chain Link: 1
Partial: 1
Wire: 1
Wood: 1
Foundation
Concrete Block: 1
Fuel
Natural Gas: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Laundry
In Basement: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Lot Description
Public Transit (w/in 6 blks): 1
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 24 x 24
Garage Door Height: 7
Garage Door Width: 16
Garage Square Feet: 576
Carport: 1
Public Survey Info
Range#: 23
Section#: 07
Township#: 28
Road Frontage
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Asphalt Shingles: 1
Sellers Terms
Cash: 1
Conventional: 1
Conventional Rehab: 1
FHA: 1
FHA Rehab 203k: 1
VA: 1
Sewer
City Sewer/Connected: 1
Stories
Two: 1
Water
City Water/Connected: 1
Location Tax and Other Information
House Number: 3904
Street Name: 43rd
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55406
Complex/Dev/Subdivision: L D Richardsons 2nd Add
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Kitchen Window
Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer
Basement: Concrete Block
Bath Description: Main Floor Full Bath; 3/4 Basement
Construction Status: Previously Owned
Dining Room Description: Informal Dining Room
Exterior: Stucco; Vinyl
Fencing: Chain Link; Partial; Wire; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Laundry: In Basement
Lock Box Type: Combo
Lot Description: Public Transit (w/in 6 blks)
Parking Characteristics: Carport
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Roof: Asphalt Shingles
Sellers Terms: Cash; Conventional; Conventional Rehab; FHA; FHA Rehab 203k; VA
Sewer: City Sewer/Connected
Stories: Two
Water: City Water/Connected
Room Information
| Room Name | Dimensions | Level |
| Dining Room | 11 x 10 | Main |
| First (1st) Bedroom | 10 x 11 | Main |
| Kitchen | 8 x 15 | Main |
| Living Room | 11 x 13 | Main |
| Porch | 10 x 7 | Main |
| Second (2nd) Bedroom | 10 x 10 | Main |
Listing Office: Source One Realty, LLC
Last Updated: April - 15 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
