For Sale: Minneapolis MLS# 7017500
Active
NEW!
$550,000
Single Family: 2 Stories
3 br • 3 ba • Built 1941
2,397 sqft • 0.16 acres
MLS# 7017500
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Property Description
Stunning updated home with northwest views of Diamond Lake in South Minneapolis. Welcome to 5811 Portland Avenue, a beautifully updated home perfectly positioned with northwest facing views of Diamond Lake, offering incredible sunsets and true indoor outdoor living in one of South Minneapolis most desirable locations. Step inside to discover gorgeous hardwood floors, a renovated kitchen with modern finishes and a new gas range installed in 2024, and thoughtfully updated spaces throughout. The main level features refreshed lighting installed in 2025, a cozy new electric fireplace added in 2025, custom wainscoting and display shelving, and fresh paint throughout the home completed between 2023 and 2025, creating a warm and elevated feel from the moment you walk in. This home offers exceptional functionality with multiple living and entertaining spaces, including three separate patio and deck areas designed to maximize the lake views and outdoor experience. The fully fenced backyard completed in 2023 has been enhanced with new sod installed in 2025 and professionally designed landscaping with perennial gardens added in 2024 and 2025, providing a private and inviting outdoor retreat. Major mechanical and exterior updates provide peace of mind, including a new roof, siding, and driveway completed in 2020, a newer garage built in 2021, and a sewer line replacement completed in 2023. Additional updates include a newer washer and dryer installed in 2020 and updated flooring in the office completed in 2023. Enjoy the rare opportunity to own a move in ready home with modern updates, timeless character, and direct proximity to Diamond Lake, all while being just minutes from parks, trails, shopping, dining, and everything South Minneapolis has to offer.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Price per sq ft:
$229
Property Type:
Single Family
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1941
State:
MN
Property Style:
2 Stories
Zip Code:
55417
Neighborhood/Area:
17
Subdivision Name:
Diamond Lake Terrace
Interior
Bedrooms:
3
Bathrooms:
3
Finished Area:
2,397 ft2
Total Fireplaces:
1
Living Area:
2,397 ft2
Common Wall:
No
Appliances Included:
- Dishwasher
- Disposal
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
Fireplace Details:
- Electric
- Insert
- Living Room
Basement Details:
- Drain Tiled
- Finished
- Full
- Storage Space
Exterior
Stories:
Two
Garage Spaces:
2
Garage Dimensions:
23x21
Garage Size:
532 ft2
Garage Door Height:
7
Garage Door Width:
16
Air Conditioning:
Central Air
Foundation Size:
816 ft2
Fencing:
Composite, Full, Privacy, Vinyl
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Detached Garage
- Garage Door Opener
- Guest Parking
Unit Amenities:
- Balcony
- Cable
- Ceiling Fan(s)
- Deck
- Hardwood Floors
- Kitchen Window
- Other
- Paneled Doors
- Panoramic View
- Patio
- Porch
- Primary Bedroom Walk-In Closet
- Security System
- Sun Room
- Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Block
- Frame
Roof Details:
- Age 8 Years or Less
- Asphalt
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Main Floor 1/2 Bath
- Upper Level Full Bath
Dining/Kitchen:
Separate/Formal Dining Room
Laundry:
- Gas Dryer Hookup
- Laundry Room
- Lower Level
- Washer Hookup
| Upper Level | Size | Sq Ft |
|---|---|---|
| Bedroom | 15 x 13 | 195 |
| Bedroom 2 | 13 x 11 | 143 |
| Bedroom 3 | 13 x 11 | 143 |
| Main Level | Size | Sq Ft |
|---|---|---|
| Three Season Porch | 10 x 7 | 70 |
| Deck | 19 x 10 | 190 |
| Dining Room | 13 x 10 | 130 |
| Kitchen | 12 x 11 | 132 |
| Living Room | 22 x 13 | 286 |
| Office | 19 x 10 | 190 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | 20 x 18 | 360 |
| Laundry | 20 x 13 | 260 |
Lake & Waterfront
Waterfront View:
Lake, North, Panoramic, West
Waterfront:
Lake View
Lot & Land
Acres:
0.16
Geolocation:
44.898781, -93.266809
Lot Dimensions:
59 x 118
Zoning:
Residential-Single Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,621
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,621
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Advantage Plus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.