1512 56th St E, Minneapolis, MN 55417
OFF MARKET

1512 56th St E
Minneapolis, MN 55417

Diamond Lake
  • 3 Beds
  • 1 Bath
  • 1,042 sqft (on 0.29 acres)

$765,200

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $3,955/mo*

$765,200

Trulia Estimate
as of Jul 24, 2026
Est. Refi. Payment $3,955/mo*
3 Beds
1 Bath
1,042 sqft
(on 0.29 acres)

Local Information

  • Map ViewExplore the area around 1512 56th St E.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1923
Lot Size
0.29 acres
Living Area
1,042 sqft
Price/Sqft
$734
Parking
Garage

About this House

Charming cottage just steps away from lake Nakomis available for the first time in almost twenty years. You can catch a glimpse of the lake out the back door. Huge lot. Fix up the cottage on the back third of the lot and enjoy the privacy. Build your dream home on the front two thirds of the lot. Cottage could make a great mother in law home or rent the cottage for extra income.
1512 56th St E, Minneapolis, MN 55417 is a 3 bedroom, 1 bathroom, 1,042 sqft single-family home in Diamond Lake, built in 1923. It last sold for $248,000 on May 2, 2019. It is currently off market. The Trulia Estimate is $765,200, with a rent estimate of $2,300/month.

Home Details for 1512 56th St E

Interior Features

Interior Details
BasementNumber of Rooms: 8Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Appliances & Utilities
DryerRefrigeratorWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: WoodPatio
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached

Property Information

Year Built
Year Built: 1923
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 2

Lot Information

Lot Area: 0.29 acres

Price History for 1512 56th St E

DatePriceEventSource
05/02/2019$248,000Sold
N/A
10/05/2018$279,900ListingRemovedAgent Provided
08/03/2018$279,900PriceChange
Agent Provided
06/08/2018$285,000Listed For SaleAgent Provided
08/26/1999$115,000Sold
N/A

Market trends in Minneapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$16.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$208
$1
MoM
Available listings
1530
4
MoM
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Property Tax and Assessment

Year2025
Tax$12,884
Assessment$1,025,800
Home facts updated by county records

Comparable Sales for 1512 56th St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.30
Single-Family Home
$290,000
04/06/26
3
1
1,308
0.39
Single-Family Home
$319,000
03/31/26
3
1
1,030
0.14
Single-Family Home
$360,000
05/29/26
2
1
1,620
0.29
Single-Family Home
$256,750
10/10/25
3
2
1,420
0.26
Single-Family Home
$465,000
06/26/26
2
1
1,728
0.33
Single-Family Home
$326,000
08/18/25
2
1
768
0.13
Single-Family Home
$465,000
08/28/25
3
2
1,829
0.42
Single-Family Home
$361,000
04/09/26
3
1
1,466
0.11
Single-Family Home
$280,000
05/15/26
3
1.5
1,334
0.53
Single-Family Home
$345,000
07/13/26
3
1
1,547

Nearby homes

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Assigned Schools

These are the assigned schools for 1512 56th St E.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Diamond Lake

At least 31 Trulia users voted on each feature.
  • 100 % Say it's dog friendly

  • 98 % Say there are sidewalks

  • 91 % Say kids play outside

  • 91 % Say streets are well-lit

  • 88 % Say people would walk alone at night

  • 86 % Say yards are well-kept

  • 85 % Say car is needed

  • 85 % Say it's walkable to grocery stores

  • 82 % Say parking is easy

  • 79 % Say it's walkable to restaurants

  • 78 % Say there are community events

  • 75 % Say neighbors are friendly

  • 74 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 64 % Say there's wildlife

  • 61 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mehdisarfaraz
    "Block party, farmers market, so many iotgee events taking place in the near parks and lakes. "
  • Trulia User
    "Families friendly neighborhood, lots of kids, close to downtown and uptown, close to malls, close to the airport "
  • Dirtpop I.
    "Easy because of excellent location to airport, mall of America, Target Home Depot, all the highways. I get on 62 take it to 35 and take that to 98. It’s excellent! The only drawback is the traffic buildup on the way home. 62 is backed up East and west. It’s only about a 5 minute wait then I take the Bloomington exit and I’m home."
  • Stu.moore3723
    "Love the neighborhood, been here 3 years, very safe, and great public transportation. Taxes are a bit high, but values continue to increase."
  • Shortmemorylongdogs
    "Have lived here 34 yrs. Owners next door & across the alley have lived here longer than we have. A great place to raise a family. Strong neighborhood. Friendly. People care about the community. Close to freeways & airport."
  • Natalie G. N.
    "Sidewalks everywhere, lots of people walking, lake nearby, we love walking in our neighborhood! Several dog parks nearby too!"
  • Dagies
    "we've lived here for 26 years and the neighborhood is safe, easy access to freeways, and not far from recreation, grocery and hardaare stores, medical services, etc. just an excellent place to live"
  • Kkauff1227
    "Accessibility! Near major freeways to get anywhere easily in the Twin Cities. Parks, lakes, shopping and medical care all nearby. "

LGBTQ Local Legal Protections

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Homes for sale near 1512 56th St E

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Off Market Homes Near 1512 56th St E

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