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3206 24th Ave S, Minneapolis, MN, 55406

3beds
2baths
1,696sqft
$274,900
$162price/sqft
$2,060/moest. monthly cost
$82,400/yrincome needed

About This Home

Welcome to 3206 24th Avenue South—an increasingly rare opportunity to own a single-family home in Minneapolis under this price point. Offering 3 bedrooms, 2 bathrooms, and a detached 2-car garage with cute front porch. This property hits the sweet spot for buyers seeking space, functionality, and long-term upside at an approachable price point. Huge upside is all newer roof and siding. Inside, the home delivers a practical, livable layout with strong natural light and flexible spaces suited for today’s lifestyle—whether that’s working from home, hosting, or simply having room to grow. The existing layout provides immediate comfort while leaving room for value-add improvements over time. Step outside to a private backyard, a true asset in this price range—ideal for entertaining, pets, or future outdoor enhancements. The 2-car garage adds everyday convenience and real winter value. Great for First-time buyers looking to break out of renting without sacrificing space, investors seeking a stable, rentable asset in a transit-connected S Mpls location!

Getting Around

78
WalkingVery Walkable
59
TransitGood Transit
99
BikeBiker's Paradise

Schools

--
Folwell Arts MagnetGrades PK-80.6 mi
6/10
South Senior High SchoolGrades 9-120.3 mi
--
Andersen CommunityGrades PK-81.2 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched
  • Construction materials: Block,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Partially Finished

Bedroom

  • Level: Upper
  • Area: 90
  • Dimensions: 10x9

Bedroom2

  • Level: Upper
  • Area: 72
  • Dimensions: 8x9

Bedroom3

  • Level: Upper
  • Area: 70
  • Dimensions: 10x7

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 90
  • Dimensions: 10x9

Features

  • Finished area below ground: 260
  • Finished area above ground: 1,160

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,696
  • Total interior livable area: 1,696 sqft

Kitchen

  • Level: Main
  • Area: 96
  • Dimensions: 12x8

Living Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Porch

  • Level: Main
  • Area: 98
  • Dimensions: 14x7

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0102824240036
  • Zoning description: Residential-Single Family
  • Foundation area: 536

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch
  • Fencing: None

Lot

  • Lot size: 4,791 sqft
  • Features: Near Public Transit,Irregular Lot,Tree Coverage - Medium
  • Lot size dimensions: 40 x 122

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Asphalt,Electric,Garage Door Opener,Guest,No Int Access to Dwelling,Parking Lot
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Hail
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$166$1,992
Property Taxes $334$4,008
Electricity $170$2,050
Total$2,060$24,720
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$70,628/yr
40% on housing$61,800/yr
45% on housing$54,933/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$162This listing

vs Other Active Listings

Avg $/sqft

ZIP 55406$165
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55406$247
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-14Listed for sale$295,000
2017-02-01Listing removed$1,475
2017-01-18Listed for rent$1,475
2015-09-09Sold$86,000

For Sale by Agent

AgentJames Starr
BrokerageRE/MAX Advantage Plus

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