4118 E  54th St, Minneapolis, MN 55417
OFF MARKET

4118 E 54th St
Minneapolis, MN 55417

Minnehaha
  • 6 Beds
  • 3 Baths
  • 2,710 sqft

$462,500

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $2,838/mo*

$462,500

Trulia Estimate
as of Jul 22, 2026
Est. Refi. Payment $2,838/mo*
6 Beds
3 Baths
2,710 sqft

Local Information

  • Map ViewExplore the area around 4118 E 54th St.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1954
Living Area
2,710 sqft
Price/Sqft
$171
Parking
Garage

Description

Hurry. Absolutely incredible value-add opportunity. Move-in and work on it over time or maximize your cash flow by adding another bedroom. Vacant unit already has 3 BRs and 2 BAs as well as a home office. The other has room for a 4th bedroom, second bath and is currently month to month! Close to shops, public transportation, and the VA.
4118 E 54th St, Minneapolis, MN 55417 is a 6 bedroom, 3 bathroom, 2,710 sqft multi-family in Minnehaha, built in 1954. It last sold for $389,200 on Aug 1, 2024 (2% above the $380,000 asking price). It is currently off market. The Trulia Estimate is $462,500, with a rent estimate of $2,397/month.

Home Details for 4118 E 54th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Drain Tiled,Egress Window(s),Finished,Full,Sump Pump
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 3
Dimensions and Layout
Living Area: 2710 Square FeetFoundation Area: 1680
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Gas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: Chain Link, Wood
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Detached Garage,Concrete
Frontage
Road Frontage: City StreetNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1680 Square FeetFinished Area (below surface): 1030 Square Feet

Days on Market

Cumulative Days on Market: 28

Property Information

Year Built
Year Built: 1954
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 1802823430198

Price & Status

Price
List Price: $380,000
Status Change & Dates
Off Market Date: Fri Jul 19 2024

Location

Direction & Address
City: MinneapolisCommunity: Cic 1432 4118 54th St Condo
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 2710 Square Feet

Lot Information

Lot Area: 5052.96 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: Electricity, Fuel

Rental Terms, Policies & Fees

Owner Pays: Sewer, Trash Collection, Water

Miscellaneous

BasementMls Number: 6504853Above Grade Unfinished Area: 1680Activation Date: Fri Jun 21 2024
Last check for updates: about 3 hours ago
Listed by Kari M Lundin, (612) 290-5998
Keller Williams Realty Integrity
Bought with: Michael Moe, (218) 310-5947, Keller Williams Classic Rlty NW
Co-Buyer's Agent: Mason D Vitalis, (612) 450-6300
Source: NorthstarMLS as distributed by MLS GRID, MLS#6504853

Price History for 4118 E 54th St

DatePriceEventSource
08/01/2024$389,200Sold
NorthstarMLS as distributed by MLS GRID #6504853
07/19/2024$380,000PendingNorthstarMLS as distributed by MLS GRID #6504853
06/27/2024$380,000PriceChange
NorthstarMLS as distributed by MLS GRID #6504853
06/21/2024$399,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6504853
07/29/2015$95,025Sold
NorthstarMLS as distributed by MLS GRID #4594102

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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Comparable Sales for 4118 E 54th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.31
Multi-Family Home
$542,500
05/21/26
4
2
3,432
0.71
Multi-Family Home
$550,000
06/09/26
7
4
3,168
0.61
Multi-Family Home
$347,751
09/09/25
2
2
1,344
1.01
Multi-Family Home
$420,000
02/26/26
4
2
3,400
1.10
Multi-Family Home
$564,900
05/22/26
8
4
3,452
1.08
Multi-Family Home
$417,500
02/23/26
3
2
1,829
1.44
Multi-Family Home
$462,500
06/15/26
6
3
3,528
1.30
Multi-Family Home
$370,000
06/15/26
4
2
3,100

Nearby homes

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Assigned Schools

These are the assigned schools for 4118 E 54th St.
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 Minnehaha

At least 23 Trulia users voted on each feature.
  • 96 % Say there are sidewalks

  • 92 % Say parking is easy

  • 90 % Say it's dog friendly

  • 89 % Say people would walk alone at night

  • 84 % Say yards are well-kept

  • 81 % Say it's walkable to restaurants

  • 78 % Say it's walkable to grocery stores

  • 74 % Say there's wildlife

  • 72 % Say there are community events

  • 72 % Say it's quiet

  • 70 % Say streets are well-lit

  • 70 % Say neighbors are friendly

  • 68 % Say kids play outside

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say there's holiday spirit

  • 41 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "A nice residential area to live in, a little overpriced in my opinion for everything to be at lease a 15 minute drive anywhere, when it’s not traffic hour, neighbors mostly keep to themselves, a awesome community to live in for pet owners. Logs of people walking their dogs and pick up after them, Minehaha falls is also a great place nearby to explore and walk to "
  • Golde179
    "Safe and friendly neighborhood, kids are always outside on bikes. Would raise a family here. Not sure how the schools are. "
  • Anna D.
    "I don’t know what community events are around this area. However it is a great neighborhood and I will continue to live here."
  • Corleen S.
    "Very diverse neighborhood. Several parks very family orientated. Close to the falls. Great neighborhood."
  • Corleen S.
    "Great access to public transportation. Commute to Edina is only 10 minutes. Downtown is 10 minutes as well. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 4118 E 54th St

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Off Market Homes Near 4118 E 54th St

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Based on information submitted to the MLS GRID as of 2026-07-21 16:48:15 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
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