Flip report generated May 16, 2025
The Flip Potential of
5209 38th Ave S Minneapolis, MN 55417
is medium.
Current Specs
3 Bed / 2 Bath
1,480 sqft
$236 per sqft
Estimated Value$350,000
Flip Advice
This home in the Nokomis/Minnehaha neighborhood is listed at $350K for 1,480 sq ft, matching local median prices. Recent comps show similar homes selling between $411K and $465K with larger square footage or extra beds/baths, and price per sq ft hovers around $235–$250. The property is well-maintained, with charming features and potential to finish the basement for added value.
To boost sale appeal, consider light cosmetic updates—think fresh paint, modern fixtures, or refinishing hardwoods. If you’re up for a bigger project, finishing the basement could add usable space and increase value. For flippers, the margins are tight unless you can add bedrooms/baths or square footage cost-effectively.
The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.