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3155 Old Highway 8 APT 306, Minneapolis, MN, 55418

1beds
1baths
587sqft
$97,500
$166price/sqft
$825/moest. monthly cost
$33,000/yrincome needed

About This Home

Stylish one-level condo offering an affordable path to homeownership! This quiet, well-maintained building offers a secure environment with beautifully kept grounds and an on-site caretaker for added peace of mind. Enjoy the convenience of an assigned underground parking space along with access to a community laundry room. Inside, natural light pours through the south-facing patio door, creating a warm and inviting living space. Step out onto the private balcony featuring attractive slate-look pavers—perfect for relaxing or enjoying your morning coffee. The kitchen offers a functional layout enhanced by stylish backsplash and under-cabinet lighting, adding both charm and practicality. The adjoining dining area comfortably fits a full dining setup, making it ideal for everyday living or entertaining. Additional storage is thoughtfully designed with wire shelving in the hallway closet. This unit offers true one-level living with easy access via elevator or stairs. Ideally located with quick access to Hwy 36, 694, and 35W, and just a short drive to both Minneapolis and St. Paul. Enjoy nearby parks, trails, shopping, schools, bus lines, and outdoor destinations including Lake Johanna, Silverwood Park, Schmidt Park, and the Mississippi River.

Getting Around

19
WalkingCar-Dependent
29
TransitSome Transit
36
BikeSomewhat Bikeable

Schools

5/10
Highview Middle SchoolGrades 6-82.5 mi
10/10

Construction

Condition

  • Year built: 1967

Materials

  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: (CC) Low Rise (3- Levels)

Interior

Appliances

  • Appliances included: Dishwasher,Exhaust Fan,Microwave,Range,Refrigerator
  • Laundry features: Coin-op Laundry Owned

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Level: Main
  • Area: 63
  • Dimensions: 9x7

Features

  • Finished area below ground: 0
  • Finished area above ground: 587

Foyer

  • Level: Main
  • Area: 36
  • Dimensions: 6x6

Heating & Cooling

  • Heating features: Baseboard,Boiler
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 587
  • Total interior livable area: 587 sqft

Living Room

  • Level: Main
  • Area: 180
  • Dimensions: 12x15

Patio

  • Level: Main
  • Area: 91
  • Dimensions: 7x13

Property

Accessibility

  • Accessibility features: Doors 36"+,Accessible Elevator Installed,Hallways 42"+

Details

  • Parcel number: 052923320068
  • Attached to another structure: Yes
  • Zoning description: Residential-Multi-Family
  • Foundation area: 587

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 784.08 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: Common

Parking

  • Total spaces: 1
  • Parking features: Assigned,Garage Door Opener,Heated Garage,Garage,Tuckunder Garage,Underground
  • 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

  • Hail
    HailVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Inland Flooding
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters in Ramsey 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 $493$5,916
Home Insurance *$64$768
Property Taxes $98$1,176
Electricity $170$2,050
Total$825$9,900
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$28,285/yr
40% on housing$24,750/yr
45% on housing$22,000/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: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$166This listing

vs Other Active Listings

Avg $/sqft

ZIP 55418$164
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55418$217
Ramsey County$198

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

DateEventPrice
2026-04-09Listed for sale$99,900
2020-05-01Sold$94,500
2020-04-06Pending sale$99,500
2020-04-05Listed for sale$99,500
2017-03-31Sold$55,000
2017-03-10Pending sale$55,000
2017-03-10Listed for sale$55,000

For Sale by Agent

AgentKyra Oaks
BrokerageEdina Realty, Inc.

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