Sold / Closed
$546,000

Sold price · Closed Jul 14, 2026

$311/sqft

Diamond Lake Terrace

5816 Elliot Avenue, Minneapolis, MN, 55417
3  Bedrooms2  Bathrooms1,718  Square Feet0.14  Acres
Days on market5
Year built1940
Garage spaces2
TypeResidential
Est. $13,050buyer credit when you buy with SODL

About this home

Welcome to this beautifully updated 3 bedroom, 2 bath home in South Minneapolis neighborhood. Built in 1940, this home blends classic charm with thoughtful modern updates. The heart of the home features a fully remodeled kitchen (2020) with updated flooring, cabinetry, countertops, sink, and appliances. The open kitchen and dining layout creates an inviting space ideal for both everyday living and entertaining. Upstairs, the spacious primary suite includes a private ensuite bathroom and dual closets, providing comfort, convenience, and ample storage. Additional interior updates include new carpet throughout the primary bedroom, basement, and staircases (2020), along with a dedicated office space, perfect for remote work or flexible use. The finished basement adds valuable living space and storage, offering flexibility for a family room or additional entertainment space. Step outside to enjoy a private backyard retreat featuring a stamped concrete patio and walkways, along with a recently refinished fence (2025). Major exterior upgrades include a new 2-car garage (2021) and new roof (2022)—providing both curb appeal and long-term peace of mind. Located in a walkable neighborhood near parks, trails, Lake Nokomis, and popular local eateries, this move-in-ready home offers the perfect balance of location, updates, and livable space.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1940
LevelsOne and One Half
Living area1,718 sqft
Above-grade finished1,268 sqft
Below-grade finished450 sqft
Lot size0.14 acres (50 x 119)
Days on market5
ListedMay 23, 2026
MLS #NST7075819
CountyHennepin
SubdivisionDiamond Lake Terrace
Parcel #2302824310006

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
2 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
2 spaces · 22x22 · 484 sqft
Parking features
Detached Garage
Patio & porch
Patio
Exterior features
Cement Board
Fencing
Privacy, Wood

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 868 sqft
Roof
Age 8 Years or Less
Year built
1940

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Electric, Natural Gas
Electric
100 Amp Service

Community & HOA

Subdivision
Diamond Lake Terrace
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$6,309 (2026)
Listed
May 23, 2026
Days on market
5
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths2
3/4 baths0
Half baths0
1/4 baths0
BasementSump Pump
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
AmenitiesHardwood Floors, Patio, Walk-In Closet
AccessibilityNone

Exterior & lot

ExteriorCement Board
RoofAge 8 Years or Less
FoundationBlock
Foundation area868 sqft
Patio/porchPatio
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelElectric, Natural Gas

Parking & garage

ParkingDetached Garage
Garage spaces2
Garage size484 sqft

Financial details

Annual taxes$6,309
Tax year2026
Taxes w/ assessments6309
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$13,050Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,050

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$3,516/mo
Principal & interest$2,812
Property taxes$526
Home insurance (est.)$178
%
$107,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

5816 Elliot Avenue, Minneapolis, MN, 55417

Listing information

MLS #NST7075819
StatusClosed
Last updatedAug 27, 2026, 12:00 PM
Originally listedMay 28, 2026, 12:00 AM
Listing officeDwell Realty Partners, LLC

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.