$273,479Average Value$185Average Price per Sq Ft3Homes For Sale
Proximity to Phalen Lake and parks in Prosperity Heights
Prosperity Heights is a neighborhood in St. Paul’s Greater East Side, one of the Twin City’s most diverse and populous districts. Residential streets point toward the namesake park at the heart of the neighborhood, and residents are within a mile of outdoor recreation and community events at Phalen Regional Park. Four miles away, downtown St. Paul hums with activity. “Phalen Lake is probably the biggest draw for that area,” says Paul Ekstrom, broker and owner of Realty One Group. Lower-than-average home prices offer another incentive to first-time homebuyers and investors.
Prosperity Heights is located four miles away from the hub of events and activities in downtown St. Paul.
Lake Phalen, located in St. Paul, offers recreational opportunities for the Greater East Side neighborhoods and beyond.
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Condos and small starter homes in a renter-friendly neighborhood
Most area residents are renters, and several apartment buildings surround Prosperity Heights Park. Meanwhile, single-family homes sit on tidy pocket-sized yards bordered by paved sidewalks and rows of mature trees. Some properties have driveways, but cars are often parked on the street. Condos and small starter homes make up the bulk of sales, though it’s rare for properties to appear on the market. “That’s a better investor neighborhood,” says Ekstrom, who’s been selling in the region since 2006. “It’s an affordable price range, so it’s very attractive for that.” Recently, condos sold for $100,000 to $150,000, while starter homes were priced from $200,000 to $300,000. Larger updated ranch-style homes might sell for $300,000 to $350,000.
Prosperity Heights offers an affordable selection of starter homes.
Condos are an option for homebuyers looking in the Prosperity Heights neighborhood.
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Four-season fun at Phalen Regional Park
Prosperity Heights Park stretches across both sides of Ivy Avenue East, a central thoroughfare for the area. Walking trails feed into several residential streets, making the 10-acre park easy to access on foot. Amenities include baseball diamonds, basketball hoops, tennis courts, a playground and plenty of open green space. Less than a mile away at Phalen Regional Park, walking trails encircle Phalen Lake. Visitors can inspect the Hmong Heritage Wall in the Changsha China Friendship Garden, relax by the Meditation sculpture or take a dip in the 200-acre lake. A public 18-hole golf course occupies the western bank, and cross-country skiing trails and skating rinks draw visitors in winter. Weatherwise, hail risk in the Twin Cities is also relatively high.
Residents enjoy shooting hoops at Prosperity Heights Park.
Phalen Regional Park is home to the Changsha China Friendship Garden.
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Students attend Hazel Park Preparatory Academy through grade 8
Most students attend Hazel Park Preparatory Academy from prekindergarten through eighth grade. The school receives a Niche grade of C and is within walking distance for homes on the neighborhood’s east side. B-minus-rated Johnson Senior High School hosts the district’s Aerospace & Engineering Academy, where students can earn college credit for pre-engineering classes.
Hazel Park Preparatory Academy is a PreK-8th grade IB World School in the Greater East Side.
Prosperity Heights students finish their educations at Johnson Senior High School.
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Dragon Festival at Lake Phalen
St. Paul’s Greater East Side is home to a sizable Hmong population. The Dragon Festival, typically held in July at Phalen Lake, celebrates Asian-Pacific culture with dragon boat racing, martial arts, games and live performances.
Attendees sit along the shore of Lake Phalen to watch the Dragon Festival races.
Dancers get ready to perform for the crowds at the Dragon Festival.
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Carnivore-friendly offerings on White Bear Avenue
White Bear Avenue is home to most of the area’s commerce, with shopping centers, cocktail bars and restaurants lining the thoroughfare. Diners can get a hot dog “dragged through the garden” at Pappy’s Chicago Style Eatery, a chain that sources most of its ingredients from Chicago and is known for its Italian beef sandwiches and Philly cheesesteaks. Down the road, Best Steak House has served up porterhouse, ribeye and filet mignon since 1973. Groceries are available at ALDI and Cub Foods on the other side of the neighborhood.
Prosperity Heights residents enjoy visiting The Best Steak House on White Bear Avenue.
Pappy’s Chicago Eatery is a casual counter-serve restaurant on White Bear Avenue near Prosperity Heights.
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Metro Transit bus stops on Maryland Avenue
Commuters can use the Metro Transit bus stops on Maryland Avenue to travel around the Twin Cities. Downtown St. Paul is about 4 miles away via Phalen Boulevard, and the Minneapolis-St. Paul International Airport is about 14 miles away. No major highways pass through the neighborhood, but residents are within 2 miles of Interstate 94, which offers the fastest route for the 10-mile commute to Minneapolis. Medical services are available at M Health Fairview St. John’s Hospital, about 4 miles north.
Prosperity Heights Heights has frequent Metro Transit bus service along White Bear Avenue.
The Miinneapolis St. Paul International Airport serves the Twin Cities metro area and greater Minnesota and western Wisconsin.
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
23 min drive
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Maryland Ave & Barclay St
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Maryland Ave & Flandrau St
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White Bear Ave & Orange Ave
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Maryland Ave & Herbert St
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Prosperity Ave & Maryland Ave
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White Bear Ave & Cottage Ave
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White Bear Ave & Ivy Ave
Prosperity Heights Demographics and Home Trends
On average, homes in Prosperity Heights, Saint Paul sell after 41 days on the market compared to the national average of 52 days. The median sale price for homes in Prosperity Heights, Saint Paul over the last 12 months is $280,000, up 8% from the median home sale price over the previous 12 months.
Build your dream home on this approximately 5,000 sq ft vacant lot in the desirable Lake Phalen neighborhood of St. Paul. Zoned residential (R1) and ready for new construction, the lot already has water, sewer, and electricity on site. Enjoy a prime location close to schools, shopping centers, coffee shops, eateries, and bus lines, with easy access to I-94 and 35E. Just a short walk away, Lake
Investors, look no further! Cash flowing triplex home on the greater east side in Saint Paul. Close to parks, shopping and schools. All units are currently leased out for the next year with strong rental history since current ownership. Each unit has its own floor with private access. Amazing opportunity for your next investment!
Immaculate and recently updated 3 bedroom, 2 bath in Hillcrest! Completely new kitchen with new cabinets, countertops, backsplash, fixtures, stainless steel appliances. Updated bathrooms. New vinyl siding, new roof and gutters all completed in 2020! New windows and furnace in 2018. Primary bedroom suite features a spacious room, 1/2 bath, walk-in closet and small office or flex room. Hardwood
Welcome to Parkview! Minutes from Downtown Saint PaulOn Bus Line 64Conviniently located near Grocery Stores, Banks, Movie Theaters, & Medical ClinicsCommunity Picnic Tables & GrillsBeautifully LandscapedOn-Site ManagementSecured Entryways Clean Laundry FacilitiesHeat, Water, and Trash IncludedOn-Site PlaygroundEasy Access to Major FreewaysStorage
On Bus Line 64Conviniently located near Grocery Stores, Banks, Movie Theaters, & Medical ClinicsMinutes from Downtown Saint PaulCommunity Picnic Tables & GrillsBeautifully LandscapedOn-Site PlaygroundOn-Site ManagementSecured Entryways Clean Laundry FacilitiesHeat, Water, and Trash IncludedEasy Access to Major FreewaysGarages AvailableStorage Lockers
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
