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

$449,700

Trulia Estimate
  • 6 Beds
  • 3 Baths
  • 2,710 sqft

4118 E 54th St, Minneapolis, MN 55417

Minnehaha
Est. Refi. Payment $2,837/mo*
Refinance Your Home
Currently Off Market - Sold Aug 1, 2024 for $389,200

Home Value

Trulia Estimate
$450K
Since last month
Decreased$400 (-0.1%)
Since last year
Increased$52K (+13%)
Since last sale
Increased$61K (+15.6%)
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 increased by +12% in the last 10 years
MonthEstimated value
2026
August 2026$450K
August 2026$449K
July 2026$450K
June 2026$454K
May 2026$450K
April 2026$456K
March 2026$498K
February 2026$496K
January 2026$490K
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
5150 39th Ave S, Minneapolis, MN
0.31
Multi-Family Home
$542,500
05/21/26
4
2
3,432
5749 33rd Ave S, Minneapolis, MN
0.71
Multi-Family Home
$550,000
06/09/26
7
4
3,168
5145 28th Ave S, Minneapolis, MN
0.96
Multi-Family Home
$465,000
08/07/26
4
2
2,121
4648 34th Ave S, Minneapolis, MN
1.01
Multi-Family Home
$420,000
02/26/26
4
2
3,400
4901 28th Ave S, Minneapolis, MN
1.10
Multi-Family Home
$564,900
05/22/26
8
4
3,452
4518 Minnehaha Ave, Minneapolis, MN
1.07
Multi-Family Home
$435,000
07/29/26
4
2
2,532
4925/27 28th Ave S, Minneapolis, MN
1.08
Multi-Family Home
$417,500
02/23/26
3
2
1,829
4459 28th Ave S, Minneapolis, MN
1.44
Multi-Family Home
$462,500
06/15/26
6
3
3,528

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
5330 42nd Ave S, Minneapolis, MN 55417
0.05
$214,000
2
1
872
Recently Sold
5326 42nd Ave S, Minneapolis, MN 55417
0.05
$327,500
3
2
1,682
Off Market
5335 41st Ave S, Minneapolis, MN 55417
0.05
$320,000
3
1
1,036
Recently Sold
5341 42nd Ave S, Minneapolis, MN 55417
0.05
$278,900
2
1
1,073
Off Market
5349 42nd Ave S, Minneapolis, MN 55417
0.04
$328,100
2
2
1,246
Off Market
5316 42nd Ave S, Minneapolis, MN 55417
0.08
$348,400
2
2
1,348
Off Market
5317 41st Ave S, Minneapolis, MN 55417
0.08
$360,800
4
2
1,473
Off Market
4115 E 54th St, Minneapolis, MN 55417
0.03
$270,000
3
1
1,206
Off Market
4107 E 54th St, Minneapolis, MN 55417
0.04
$674,500
4
3.5
2,990
Off Market
4220 E 54th St, Minneapolis, MN 55417
0.06
$333,800
3
2
1,872
Off Market
5350 41st Ave S, Minneapolis, MN 55417
0.06
$784,300
5
3.5
2,882
Off Market

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

Multi-Family
Built in 1954
2,710 sqft
$166/sqft
Garage

About this House

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $449,700, with a rent estimate of $2,062/month.
Last check for updates: about 17 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

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

Price and Tax history

DateEventPrice
Aug 1, 2024
Source: NorthstarMLS as distributed by MLS GRID #6504853
Sold
$389,200
Jul 19, 2024
Source: NorthstarMLS as distributed by MLS GRID #6504853
Pending
$380,000
Jun 27, 2024
Source: NorthstarMLS as distributed by MLS GRID #6504853
PriceChange
$380,000
Price decreased by 5%
Jun 21, 2024
Source: NorthstarMLS as distributed by MLS GRID #6504853
Listed For Sale
$399,000
Jul 29, 2015
Source: NorthstarMLS as distributed by MLS GRID #4594102
Sold
$95,025

Market trends in Minneapolis

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

Around this home

Neighborhood Overview

Minnehaha
See Local Highlights
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 "
    0
    Flag
  • Golde179
    "Safe and friendly neighborhood, kids are always outside on bikes. Would raise a family here. Not sure how the schools are. "
    0
    Flag
  • 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."
    0
    Flag
  • Corleen S.
    "Very diverse neighborhood. Several parks very family orientated. Close to the falls. Great neighborhood."
    0
    Flag
  • Corleen S.
    "Great access to public transportation. Commute to Edina is only 10 minutes. Downtown is 10 minutes as well. "
    1
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-09 11:33:24 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 4118 E 54th St

  • What is 4118 E 54th St estimated to be worth?
    Trulia's estimated value for 4118 E 54th St in Minneapolis, MN is $449,700.
  • What is the price history for 4118 E 54th St?
    4118 E 54th St in Minneapolis, MN last sold for $389,200 in August 2024.
  • 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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