1601 E  38th St, Minneapolis, MN 55407
OFF MARKET

$365,400

Trulia Estimate
  • 5 Beds
  • 4 Baths
  • 2,696 sqft

1601 E 38th St, Minneapolis, MN 55407

Bancroft
Currently Off Market - Sold Jun 29, 2017 for $315,000

Home Value

Trulia Estimate
$365K
Since last month
Increased$21K (+6.1%)
Since last year
Decreased$95K (-20.6%)
Since last sale
Increased$51K (+16.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value decreased by -19% in the last 10 years
MonthEstimated value
2026
August 2026$366K
July 2026$345K
June 2026$375K
May 2026$380K
April 2026$351K
March 2026$375K
February 2026$367K
January 2026$373K
2025

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Multi-Family Home
$610,000
10/17/25
8
4
3,680
0.40
Multi-Family Home
$316,500
05/01/26
5
3
2,257
0.09
Multi-Family Home
$287,000
04/24/26
3
2
1,869
0.17
Multi-Family Home
$370,000
08/13/26
3
2
2,406
0.36
Multi-Family Home
$230,000
10/30/25
4
3
2,721
0.34
Multi-Family Home
$425,000
07/31/26
5
2
2,562
0.28
Multi-Family Home
$372,800
10/22/25
4
2
2,232
0.58
Multi-Family Home
$305,000
10/10/25
6
3
2,612
0.32
Multi-Family Home
$275,000
11/03/25
4
2
3,924

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$680,000
8
4
3,456
For Sale
0.03
$455,400
3
2.5
1,760
Off Market
0.05
$212,000
3
1
1,234
Off Market
0.06
$386,600
3
2
1,637
Off Market
0.06
-
8
4
3,680
Off Market
0.06
$363,700
3
1
1,509
Off Market
0.06
$435,200
4
2
2,340
Off Market
0.07
$311,000
3
1.5
2,210
Recently Sold
0.09
$287,000
3
2
1,869
Recently Sold
0.09
$520,200
4
4
3,456
Off Market
0.11
$381,900
3
1.5
1,197
Off Market

Local Information

  • Map ViewExplore the area around 1601 E 38th St.
  • Schools2 Preschool Schools2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1956
Living Area
2,696 sqft
Price/Sqft
$136
Parking
Garage

About this House

Incredibly solid/well maintained all brick side x side duplex in demand So Mpls. Owner occupied for many years (currently leased). Bright/open units, HW floors, natural WW, updated/eat-in Kitchens, 2BR/2BA + Fam room down + egress on 1 side (3rd BR??), new windows, glass block wndws in bsmt, central AC both sides, private/covered patio, 2 car garage, custom concrete work, nice corner lot. Great property for owner occupant or investor! 24 hour notice required for showings. Nice!
1601 E 38th St, Minneapolis, MN 55407 is a 5 bedroom, 4 bathroom, 2,696 sqft multi-family in Bancroft, built in 1956. It last sold for $315,000 on Jun 29, 2017 (9% above the $290,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $365,400, with a rent estimate of $1,842/month.
Last check for updates: about 14 hours ago
Listed by Aaron W Ritchie, (612) 418-7080
Coldwell Banker Realty
Bought with: LeAnn P Riley, (612) 202-5133, Realty Group LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#4835634

Home Details for 1601 E 38th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Egress Window(s),Finished,Full
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 2
Dimensions and Layout
Living Area: 2696 Square FeetFoundation Area: 1736
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Accessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: Privacy, Wood
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1736 Square FeetFinished Area (below surface): 960 Square Feet

Days on Market

Cumulative Days on Market: 6

Property Information

Year Built
Year Built: 1956
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1102824110066

Price & Status

Price
List Price: $290,000
Status Change & Dates
Off Market Date: Mon Jun 19 2017

Location

Direction & Address
City: Minneapolis
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 2696 Square Feet

Lot Information

Lot Area: 5662.8 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: Cable TV, Electricity, Fuel, Janitorial Service

Rental Terms, Policies & Fees

Owner Pays: Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water/Sewer

Miscellaneous

BasementMls Number: 4835634Above Grade Unfinished Area: 1736

Additional Information

HOA Amenities: Patio

Price and Tax history

DateEventPrice
Jun 29, 2017
Source: NorthstarMLS as distributed by MLS GRID #4835634
Sold
$315,000
Dec 2, 2010
Source: Lake Superior Area Realtors as distributed by MLS GRID #1694018
Sold
$204,000

Market trends in Minneapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$33
MoM
Sale-to-List Price
100.0%
Price per sq ft
$203
$5
MoM
Available listings
1461
73
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Bancroft

At least 32 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 90 % Say it's dog friendly

  • 90 % Say parking is easy

  • 86 % Say yards are well-kept

  • 77 % Say it's walkable to restaurants

  • 77 % Say car is needed

  • 77 % Say kids play outside

  • 76 % Say streets are well-lit

  • 75 % Say there's holiday spirit

  • 69 % Say neighbors are friendly

  • 67 % Say people would walk alone at night

  • 58 % Say there are community events

  • 57 % Say they plan to stay for at least 5 years

  • 55 % Say it's walkable to grocery stores

  • 46 % Say there's wildlife

  • 40 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Idgafbta1
    "Not much dog parks But their are streets and often during summer people do other things and dont walk their dogs"
  • Eric B.
    "There is Bancroft elementary with a great playground, powder horn park has tons of space to run around, midtown global market has cultural immersion sessions it’s amazing"
  • Eric B.
    "There are multiple parks to choose from all walking distance to each other. It must be decent because I see many people daily walking dogs."
  • Eric B.
    "I ride bike to down town, it’s an easy straight shot up park or I can take other routes too. Driving is easy too, a couple street lights to get through and no highways to deal with."
  • Eric B.
    "Lots of friendly young families and older folks too. Everybody looking out for each other. Many ethnic restaurants close by."
  • Alanna G.
    "I don’t have a commute- but getting around this area is super easy. Minneapolis in general has minimal traffic for a city."
  • EAmom25
    "Bancroft is the perfect south Minneapolis family neighborhood. A good mix of families and younger couples. Easy commute to the U or downtown. "
  • Ashley H.
    "Bancroft is a diverse neighborhood and everyone is very friendly. I know many people on my block and our location is convenient to coffee shops, the coop, and good local restaurants. "
  • Jcs2swan
    "Stores and restaurants are within walking distance. We can walk the streets and there are parks close by. "
  • Mazimmerman27
    "Close to Powderhorn Park, which is fun all year and has the Mayday Parade and Festival and a fun art Sale every year as well as many other activities. Bancroft Elementary is a good school and there is a Spanish immersion high school as well. Many bus routes and easy access to both 35W and I 94."
  • lolson
    "I love this neighborhood. Fast commute to downtown and close to park and lakes. Lovely place to walk and workout. Excellent spot for families."

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-29 05:08:24 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 1601 E 38th St

  • What is 1601 E 38th St estimated to be worth?
    Trulia's estimated value for 1601 E 38th St in Minneapolis, MN is $365,400.
  • What is the price history for 1601 E 38th St?
    1601 E 38th St in Minneapolis, MN last sold for $315,000 in June 2017.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $345K. That is up $33 from the prior month.

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