




2024 Drew Ave S, Minneapolis, MN, 55416
About This Home
Just one block from Cedar Lake, this beautifully maintained 1951 rambler offers timeless character in one of Minneapolis' most sought-after neighborhoods. Lovingly cared for by the same owner for more than 50 years, the home reflects decades of pride in ownership and thoughtful maintenance. Situated on a picturesque quarter-acre lot, the property is surrounded by lush perennial gardens, mature trees, and an in-ground sprinkler system that keeps the landscape looking its best throughout the season. With nearly 2,000 finished square feet, the home features two spacious bedrooms, two bathrooms, and inviting living spaces filled with natural light. Classic mid-century charm blends seamlessly with a functional floor plan designed for comfortable everyday living. A screened porch overlooks the private backyard, offering the perfect place to relax and enjoy the peaceful surroundings. The lower level is a nostalgic nod to the home's mid-century roots, showcasing a spacious vintage recreation room complete with a classic wet bar that's ready for entertaining. The unfinished portion of the basement offers excellent utility with a dedicated laundry room, a cedar-lined closet, a ¾ bathroom, and abundant storage space. Outside your door, enjoy the very best of Minneapolis living with Cedar Lake's beaches, walking and biking trails, kayaking, paddleboarding, and year-round recreation just a block away. Downtown Minneapolis, the Chain of Lakes, and neighborhood restaurants are all just minutes from home. This is a rare opportunity to own a classic rambler in an exceptional location where timeless architecture, beautiful gardens, and an unmatched lake lifestyle come together. Homes that have been cherished by one owner for over half a century don't come along often.
Getting Around
Schools
Construction
Condition
- Year built: 1951
Materials
- Roof: Age 8 Years or Less
- Construction materials: Block,Concrete
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Humidifier,Gas Water Heater,Microwave,Range,Refrigerator,Washer
- Laundry features: Gas Dryer Hookup,Lower Level,Laundry Room,Sink
Basement
- Has basement: Yes
- Basement: Block,Full,Partially Finished,Tile Shower
Bedroom
- Level: Main
Bedroom2
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
Family Room
- Level: Lower
Features
- Number of fireplaces: 2
- Fireplace features: Family Room,Living Room,Wood Burning
- Fireplace: Yes
- Finished area below ground: 533
- Finished area above ground: 1,402
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Informal Dining Room
- Level: Main
Interior Area
- Total structure area: 2,721
- Total interior livable area: 1,935 sqft
Living Room
- Level: Main
Office
- Level: Main
Other
- Level: Lower
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 3202924220008
- Zoning description: Residential-Single Family
- Foundation area: 1319
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Screened,Side Porch
- Fencing: Partial
Lot
- Lot size: 0.25 Acres
- Features: Near Public Transit,Tree Coverage - Medium
- Lot size dimensions: 52 x 44 x 155 x 21 x 26 x 152
Parking
- Total spaces: 1
- Parking features: Attached,Concrete,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- 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
- Hail
- Heat Wave
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Hennepin County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,665 | $43,980 |
| Home Insurance * | $476 | $5,712 |
| Property Taxes | $925 | $11,100 |
| Electricity | $170 | $2,050 |
| Total | $5,236 | $62,832 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-06 | Price change | $699,000 |
| 2026-07-24 | Listed for sale | $725,000 |
