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Northrop Home for Sale

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    $250,000

    • 1 Bed
    • 1 Bath
    • 776 Sq Ft

    4405 15th Ave S, Minneapolis, MN 55407

    Charming and full of character, this darling starter home is ideally located in Minneapolis’ desirable Northrop neighborhood, just steps from Hiawatha Golf Course and nearby trails, parks, and neighborhood amenities. This 1 bed, 1 bath home blends classic charm with everyday functionality, offering an inviting alternative to condo living. The main level features a comfortable living space filled

    Drew Coleman Compass

    4405 15th Ave S, Minneapolis, MN 55407

Why Live in Northrop

Northrop, a Minneapolis neighborhood, is located about 5 miles from downtown. The area has a suburban feel with well-maintained green spaces. Residents enjoy access to numerous lakes and parks. The prominent Lake Nokomis Park provides canoe, kayak and paddleboard rentals, in addition to walking and biking trails, sports fields, a beach and an ice-skating rink. Northrop's proximity to Lake Nokomis and Minnehaha Parkway allows residents to participate in events such as the U.S. Pond Hockey Championships and the Twin Cities Marathon. The neighborhood's eclectic mix of architecture includes ramblers and Tudor-style homes that were primarily built in the 1950s and 1960s. Northrop Elementary School provides education for young children. Local restaurant options are diverse, with popular spots like Matt's Bar and Grill, known for its Jucy Lucy burger and ie-Italian Eatery, praised for its Italian cuisine. The neighborhood is bordered by several boutique shops and grocery stores like Lunds & Byerlys Nokomis. Public transportation is accessible, with bus lines running along Bloomington Avenue, Chicago Avenue and East 46th Street and Interstate 35 providing a convenient route to downtown Minneapolis.

Frequently Asked Questions

Is Northrop a good place to live?
Northrop is a good place to live. Northrop is considered fairly walkable and very bikeable with some transit options. Northrop is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Northrop has 6 parks for recreational activities. It is somewhat dense in population with 9.2 people per acre and a median age of 42. The average household income is $135,238 which is above the national average. College graduates make up 61.7% of residents. A majority of residents in Northrop are home owners, with 15.7% of residents renting and 84.3% of residents owning their home. A local real estate agent serving Northrop can help you decide if this neighborhood is the right one for you. Learn more on our Northrop neighborhood guide.
Is Northrop, MN a safe neighborhood?
Northrop, MN is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Northrop?
The median home price in Northrop is $396,500. If you put a 20% down payment of $79,300 and had a 30-year fixed mortgage with an interest rate of 6.18%, your estimated principal and interest payment would be $1,940 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $83K a year to afford the median home price in Northrop. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Northrop is $135K.
What are the best public schools in Northrop?
The best public schools that serve Northrop are:
What are the best private schools in Northrop?
The best private schools that serve Northrop are:
What are the most popular zip codes in Northrop, Minneapolis, MN?
The most popular zip codes in Northrop, Minneapolis, MN include 55407, 55417, 55419, 55409 and 55406.
What are the most popular neighborhoods near Northrop, Minneapolis, MN?
The most popular neighborhoods near Northrop, Minneapolis, MN are Regina, Bancroft, Bryant, Standish and Tangletown.
Are home prices dropping in Northrop?
Yes, home prices in Northrop are down 3% in the last 12 months.

Home Trends in Northrop, MN

Housing Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$396,500
Median Townhouse Sale Price
$468,750
Average Price Per Sq Ft
$262
Number of Homes for Sale
1
Last 12 months Home Sales
67
Months of Supply
0.20
Median List Price
$396,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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