$453,663Average Value$243Average Price per Sq Ft15Homes For Sale
College kids and lifelong residents live together in Prospect Park
Right off the banks of the Mississippi River is Prospect Park, a Minneapolis neighborhood that’s home to residents ranging from college students to young families to lifelong residents. The University of Minnesota Twin Cities is minutes away, and many residents attend classes or work at the university. People from all over the city visit Tower Hill Park for its landmark water tower, the Witch’s Hat, which was built in 1913. Residents can get dinner at the Market at Malcolm Yard, but highway access and public transit make it easy to travel anywhere in the Twin Cities.
Prospect Park offers scenic views of the Mississippi River and downtown Minneapolis.
Washington Avenue will lead you to downtown Minneapolis.
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A variety of homes, townhouses and condos fill the neighborhood
Prospect Park offers a wide variety of housing, including townhouses, condos and single-family homes along the Mississippi River. Most of the houses were built before 1950, and Realtor Julie Glass with Edina Realty says, “There’s a really nice variety of architectural styles within that era.” Larger homes include Tudor Revivals, Queen Annes and Colonial Revivals, but you can also find some bungalows and American Foursquares. Once the snow melts, residents decorate their yards with vibrant gardens that you can explore during the annual Prospect Park Garden Walk. Condos are more common along University Avenue and have more contemporary designs.
Over 85% of the residents rent, and many of those renters are college students. That being said, there are plenty of opportunities to own. The median single-family price is higher than in Saint Anthony Park, with most homes and townhouses here ranging from the mid-$300,000s to the mid-$800,000s. Condos typically cost between the low $200,000s and the mid-$300,000s.
Prospect Park is home to a variety of Colonial Revival homes.
Tudor Revivals add to the neighborhood's charm.
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Students attend the University of Minnesota and Minneapolis schools
The University of Minnesota Twin Cities is right next door and offers over 150 undergraduate majors and minors and over 550 graduate and professional degrees.
Younger students can attend Minneapolis Public Schools, which receives an A-minus from Niche, including Edison Senior High School, which offers the International Baccalaureate Program and concurrent-enrollment courses.
Northeast Middle School prepares each student for future college and careers.
Thomas Edison High School serves students in grades nine through 12.
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Witch’s Hat and neighborhood events are community staples
While residents can walk their dogs through the U of M’s campus, they can also visit the several parks in the neighborhood. You can:
Visit the iconic Witch’s Hat water tower at Tower Hill Park
Walk around the garden or cool off at the summer wading pool at Luxton Park
Bring your kids to the playground at Chergosky Park
Rent a plot at Bridal Veil Gardens
Take a stroll along the Mississippi River at East River Flats Park
Prospect Park has “a super strong community,” Glass says, and part of that is because of events from the Prospect Park Neighborhood Association. “They do an ice cream social, a kid’s parade,” says Michael Korby, Glass’s partner at Edina Realty. “It’s all really within Prospect Park, rather than a regional festival.” One of the highlights is the Fire & Ice Festival at Luxton Park every February, where neighbors have a huge bonfire to get rid of dried-up Christmas trees. There’s also live music, horse-drawn hayrides and hot cocoa.
The Witch's Hat looks out over Prospect Park.
Bikers can ride along dedicated bike trails.
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Walkability is a main draw for Prospect Park
Even during the winter, people will walk to campus or to the M Health Fairview University of Minnesota Medical Center – East Bank. “I think that’s probably one of the biggest draws of that neighborhood,” Glass says. “People who work at the U of M or the hospital love that.” Public transportation is widely available, with Metro Transit buses and the Metro Green Line Light Rail along University Avenue. Still, plenty of people drive. “As far as no-car households, it’s rare, but I’d have to say it’s probably one of the few neighborhoods where we see a lot of one-car households,” Korby says. You can easily hop on Interstate 94 to reach downtown Minneapolis, less than 5 miles away, and downtown Saint Paul, about 10 miles away.
Many residents rely on their bikes for daily transportation.
A person waits with their skateboard for traffic to pass on Washington Avenue.
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The Market at Malcolm Yards is a food hall with plenty of options
When they want a drink or a bite to eat, residents can walk over to the Market at Malcolm Yards, a collection of restaurants in a renovated factory space. “It’s like a food court,” Korby says. Options include:
Bebe Zito Ice Cream & Burgers, a Minneapolis chain known for its signature sauce
Delsur, an Argentinian restaurant with empanadas
Kinsley’s Smokehouse Deli, an East Coast-inspired sandwich shop
World Street Kitchen, an eatery with menu items from across the globe
Wrecktangle Pizza, a pizzeria that serves Detroit-style slices
After dinner, you can grab a drink at O’Shaughnessy Distilling Co. or Surly Brewing Co. There are more dining options and bars in West Seventh. Most residents get their groceries from Lunds & Byerly's in Marcy-Holmes, but there is also a Fresh Thyme Market along University Avenue.
Stub and Herb's Cocktails & Dining Emporium has been a University of Minnesota staple since the 1930s.
Colder months in Prospect Park, warm up next to the fire at the Market at Malcolm Yards.
Prospect Park residents multitask while enjoying the fares off Washington Ave.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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Minneapolis-St Paul International/Wold-Chamberlain
21 min drive
Bus
University Ave SE & 23rd Ave (Huron)
Bus
Franklin Ave SE & Seymour Ave
Bus
Ontario St SE & Beacon St
Bus
Franklin Ave SE & Arthur Ave
Bus
University Of Minneapolis
Bus
23rd Ave SE & Transitway & 6th St SE
Bus
Oak St SE & University Ave SE
Reviews
Are you familiar with the Prospect Park neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Prospect Park
US
Homicide
6
4
Sexual Assault
8
4
Assault with Weapon
6
4
Robbery
4
4
Burglary
7
4
Motor Vehicle Theft
6
4
Larceny
6
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Prospect Park Demographics and Home Trends
On average, homes in Prospect Park, Minneapolis sell after 42 days on the market compared to the national average of 56 days. The median sale price for homes in Prospect Park, Minneapolis over the last 12 months is $503,500, up 39% from the median home sale price over the previous 12 months.
Perfectly placed in Prospect Park, this reimagined Victorian awaits its next stewards. Formerly a duplex, the home was transformed in 2015 into a wonderful single-family home with light-filled spaces that perfectly blend historic charm with thoughtful updates, perfect for today’s living.Enter into the foyer which features a built-in bench with storage and heated hexagonal tile floors before
Charming, well-maintained, and truly unique contemporary 3-level townhouse located just one block from the scenic Mississippi River. Enjoy easy access to beautiful walking, running, and biking trails along the riverfront, all within walking distance to the University of Minnesota Medical Center and campus. The owner's unit spans the upper two floors and features 2 bedrooms, 2 bathrooms, a huge
Fantastic opportunity to own in the desirable University Flats on the East Bank near the U of M. This sun-filled first-floor unit offers open concept living, dining, and kitchen area. The kitchen features sleek granite countertops, stainless steel appliances, and wood floors. The spacious bedroom includes good sized closet and the versatile den area is perfect for a home office, den, or even a
Welcome to University Flats at the U of M! This clean and well maintained 2 bedroom (plus one non-conforming bedroom!), 2 bathroom condo offers a flexible layout and excellent amenities in a prime location. The bright living room features access to a private balcony, while the kitchen is equipped with stainless steel appliances. The unit includes two spacious bedrooms, including an owner's suite
Ready for fall classes to resume? Schedule your showing today for this secure, quiet, freshly-painted Stadium Village condo that has been well-cared-for and is perfect for the serious undergrad or post-grad student. Seller is open to Seller Financing. Bright and airy with an additional room for office or guest. Features newer appliances, a kitchen island, hardwood floors, a private balcony, and
Welcome home! This 2 bed 2 bath w/ heated underground garage condo is conveniently located near the University of Minnesota. Rentals are permitted by the association. Condo has a private patio/deck. There is also street parking by the building.
Beautifully maintained CORNER, recently updated condo - newer luxury vinyl plank floors, stainless steel kitchen appliances, a spacious primary bedroom with a private bath and large walk-in closet, plus plenty of natural light. Convenient breakfast bar in kitchen and usable layout throughout. Exercise room and private community room as well!Located just a 2-minute walk to Prospect Park
Experience effortless condo living in the heart of Prospect Park. This move-in ready home offers unbeatable convenience—just steps from the Metro Green Line and minutes from the University of Minnesota, making it ideal for students, faculty, or anyone needing quick access to either downtown. Located near Huntington Bank Stadium, restaurants, parks, and neighborhood amenities, this 4th-floor
High demand University Flats Condos on the East Bank of the U of M. Walk everywhere on campus or ride the light rail on campus, downtown Minneapolis, St. Paul, Mall of America and MSP Airport. Modern kitchen with maple cabinets and stainless appliances and a spacious living/dining room. Balconies views of TCF Stadium and campus. Step out your door to many restaurants, retail stores and Fresh
Top-floor two-bed, one-bath condo in the heart of Prospect Park- just minutes from the University of Minnesota, the Green Line, river trails, and local restaurants. This move-in-ready home features brand-new flooring throughout, updated lighting, new appliances, and a refreshed bathroom. Unique to this unit: a cozy wood-burning fireplace and skylights that bring in natural light all day. Enjoy
Joshua DobbinsLakes Sotheby's International Realty
Located in the vibrant Southeast Minneapolis neighborhood near the University of Minnesota, 836 Thornton Street SE offers a unique opportunity for both investors and owner-occupants alike. This urban duplex boasts a spacious 2,590 square feet of living space, encompassing 5 bedrooms and 2 bathrooms. Situated on a 0.12-acre lot, the property is zoned under Corridor 4, presenting significant
Welcome to this RARE 3 bedroom CORNER unit with 2 underground heated PARKING stalls! LOCATION LOCATION - Close to the University of MN, Huntington Stadium, light rail, Fresh Thyme grocery, Surly Brewing, biking/hiking trails, and so much more . The kitchen offers stainless steel appliances with a large breakfast bar for on-the-go meals or optional adjacent dinette area. Spacious living room with
Welcome home to your charming 2BR with hardwood floors nestled in Prospect Park. Stepping in the 1st floor you’ll find a cozy living room, dining room, kitchen, bedroom with access to the 3 season’s porch, and bathroom. Upstairs is a massive primary bedroom with its own bathroom. Kitchen features stone countertops, gas oven, tiled backsplash, and stainless steel appliances. Downstairs are your
Welcome to The Quad On Delaware, off campus student housing near University of Minnesota featuring two-, three-, and four-bedroom apartments in Minneapolis, MN. Newly renovated, spacious layouts and best-in-class amenities welcome you home, along with exceptional service and an ideal location within walking distance to shopping, dining, and entertainment options. Now leasing for Fall
Modern. Industrial. Vibrant. The Station at Malcom Yards apartments are a perfect blend of contemporary design and industrial charm. Enjoy access to a vibrant community, dining, and shopping experiences in the heart of industrial Malcolm Yards in Minneapolis. Explore modern, pet-friendly, living spaces and functional amenities designed to enhance your everyday. Amenities include a Sky Lounge,
3020 On the Rail, by In the City Apartments:This beautiful property is located in the iconic Minneapolis neighborhood of Prospect Park. It features large deck spaces with views of the U of M campus, downtown, Prospect Park's iconic Witches Hat tower, the light rail and more.It is conveniently located just one block off the Green Line light rail stop and across the street from
An exceptional variety of floor plans assures that you will find a home that satisfies your needs: we offer studios, 2-level urban “townhouses”, 1 & 2 bdrm units. Each design incorporates all the features you would expect in a luxury home. Some homes open to their own private ground-level pocket garden, deck or rooftop terrace. Most units have extraordinary views of the Mississippi and of the
Accolade Minneapolis prioritizes what matters most to you – a central location, the company of friends, and top-notch amenities. Our fully furnished apartments come with all the essentials so you can focus on what matters. Choose between our fully furnished studio, one-, two-, and four-bedroom apartments.
Introducing exceptional student housing at Factory Lofts, ideally nestled within the lively University of Minnesota Life Sciences campus. Our distinctive loft-style apartments effortlessly fuse historic charm with contemporary convenience, creating an ideal haven for students seeking a dynamic and unique living experience.With a limited offering, seize the opportunity now to become a part
A historic warehouse loft conversion, MAX Minneapolis Apartments pays homage to authentic turn-of-the-century style and modern luxury. Focused on community and convenience, MAX is an ideal housing option for those seeking a prime location in Minneapolis. Easy commuter access to 94, 35 and 280, light rails or MetroTransit and quick access to Prospect Park, walking & biking trails!
Nestled on 4th Street across the way from Prospect Park Station, when you live HERE you'll be a Light Rail ride away from everything the Twin Cities have to offer. With a range of premium student studio, one-, and two-bedroom apartments, HERE MN is the clear choice for anyone looking to call Minneapolis home. Schedule your in person tour today or take a virtual tour at your convenience.
With one foot in Minneapolis and the other on the border of Saint Paul, Solhaus offers you the best of both worlds! Our chic modern design embraces the latest in eco-friendly features such as a white membrane roof for energy efficiency, a passive solar design with large windows for natural lighting, recycling, and onsite composting. Choose from our large selection of renovated pet friendly floor
The Arrow Apartments seek to serve Minneapolis area by providing modern apartments within walking distance to the UMN campus, US Bank Stadium, and so much more! The Arrow Apartments provide many options from Studios to 4 Bedroom apartments. While living here you'll be able to enjoy our fitness center, multiple study rooms, a free printing center, our outdoor rooftop patio, and premium finishes in
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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