720 56th St E, Minneapolis, MN 55417
OFF MARKET

720 56th St E
Minneapolis, MN 55417

Diamond Lake
  • 3 Beds
  • 3 Baths
  • 1,684 sqft

$556,900

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,463/mo*
Refinance Your Home

$556,900

Trulia Estimate
as of Aug 19, 2026
Est. Refi. Payment $3,463/mo*
Refinance Your Home
3 Beds
3 Baths
1,684 sqft

Home Value

Trulia Estimate
$557K
Since last month
Increased$500 (+0.1%)
Since last year
Increased$12K (+2.1%)
Since last sale
Increased$362K (+185.7%)
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 +36% in the last 10 years
MonthEstimated value
2026
August 2026$557K
July 2026$556K
June 2026$562K
May 2026$562K
April 2026$554K
March 2026$542K
February 2026$540K
January 2026$528K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
5601 10th Ave S, Minneapolis, MN
0.22
Single-Family Home
$435,000
02/27/26
3
2.5
2,222
704 58th St E, Minneapolis, MN
0.22
Single-Family Home
$602,000
08/22/25
3
3
2,176
5708 10th Ave S, Minneapolis, MN
0.25
Single-Family Home
$520,000
07/13/26
3
2.5
2,422
5823 Portland Ave, Minneapolis, MN
0.26
Single-Family Home
$508,500
11/17/25
3
2
2,106
5424 Columbus Ave, Minneapolis, MN
0.18
Single-Family Home
$570,000
07/16/26
3
2
2,239
5445 Columbus Ave, Minneapolis, MN
0.13
Single-Family Home
$643,000
07/13/26
4
2.5
2,327
5605 Elliot Ave, Minneapolis, MN
0.16
Single-Family Home
$590,000
08/03/26
3
2
2,325
5811 Portland Ave, Minneapolis, MN
0.24
Single-Family Home
$626,000
04/28/26
3
2.5
2,679
5816 Elliot Ave, Minneapolis, MN
0.33
Single-Family Home
$546,000
07/14/26
3
2
1,718
5709 11th Ave S, Minneapolis, MN
0.32
Single-Family Home
$475,000
09/25/25
3
2
2,051

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
5532 Columbus Ave, Minneapolis, MN 55417
0.03
$597,900
4
3
2,118
Off Market
5524 Columbus Ave, Minneapolis, MN 55417
0.05
$563,600
4
3
2,692
Off Market
5525 Columbus Ave, Minneapolis, MN 55417
0.06
$548,300
3
2
2,632
Off Market
5515 Park Ave, Minneapolis, MN 55417
0.08
$523,600
4
2
2,674
Off Market
5508 Chicago Ave, Minneapolis, MN 55417
0.11
$485,000
4
2
3,838
Recently Sold
5545 Chicago Ave #102, Minneapolis, MN 55417
0.10
$248,600
2
2
1,125
Off Market
5545 Chicago Ave #205, Minneapolis, MN 55417
0.10
$179,800
1
1
752
Off Market
5545 Chicago Ave #307, Minneapolis, MN 55417
0.10
$174,700
1
1
825
Off Market
5545 S Chicago Ave #202, Minneapolis, MN 55417
0.10
$230,800
2
2
1,070
Off Market
5545 Chicago Avenue S, Minneapolis, MN 55417
0.10
$202,700
2
1.5
972
Off Market
5525 S Chicago Ave, Minneapolis, MN 55417
0.11
$345,500
2
2
1,504
Off Market
5529 Portland Ave, Minneapolis, MN 55417
0.09
$615,800
3
2
2,604
Off Market

Local Information

  • Map ViewExplore the area around 720 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
1949
Living Area
1,684 sqft
Price/Sqft
$331
Parking
Garage

About this House

This single-family home is located at 720 56th St E, Minneapolis, MN. 720 56th St E is in the Diamond Lake neighborhood in Minneapolis, MN and in ZIP code 55417. This property has 3 bedrooms, 3 bathrooms and approximately 1,684 sqft of floor space. This property has a lot size of 5994 sqft and was built in 1949.
720 56th St E, Minneapolis, MN 55417 is a 3 bedroom, 3 bathroom, 1,684 sqft single-family home in Diamond Lake, built in 1949. It last sold for $194,900 on Aug 3, 2000. It is currently off market. The Trulia Estimate is $556,900, with a rent estimate of $3,006/month.

Home Details for 720 56th St E

Interior Features

Interior Details
BasementNumber of Rooms: 9
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Wood
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5994 sqft

Price and Tax history

DateEventPrice
Aug 3, 2000
Source: N/A
Sold
$194,900

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

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Diamond Lake
See Local Highlights
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. "
    0
    Flag
  • Trulia User
    "Families friendly neighborhood, lots of kids, close to downtown and uptown, close to malls, close to the airport "
    1
    Flag
  • 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."
    1
    Flag
  • 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."
    0
    Flag
  • 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."
    5
    Flag
  • Natalie G. N.
    "Sidewalks everywhere, lots of people walking, lake nearby, we love walking in our neighborhood! Several dog parks nearby too!"
    0
    Flag
  • 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"
    2
    Flag
  • Kkauff1227
    "Accessibility! Near major freeways to get anywhere easily in the Twin Cities. Parks, lakes, shopping and medical care all nearby. "
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 720 56th St E

  • What is 720 56th St E estimated to be worth?
    Trulia's estimated value for 720 56th St E in Minneapolis, MN is $556,900.
  • What is the price history for 720 56th St E?
    720 56th St E in Minneapolis, MN last sold for $194,900 in August 2000.
  • 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.
  • How big is the lot at 720 56th St E?
    The lot at 720 56th St E in Minneapolis, MN is about 0.14 acres (5,994 sq ft).
  • Does 720 56th St E have a garage?
    Yes, 720 56th St E in Minneapolis, MN has a garage.

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Apartments for Rent

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Off Market Homes Near 720 56th St E

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