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Marshall Terrace Home for Sale

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    $379,900

    • 3 Beds
    • 2 Baths
    • 1,931 Sq Ft

    2531 California St NE, Minneapolis, MN 55418

    Charming up-down duplex in beautiful Northeast Minneapolis. Located on a quiet residential street, this well-maintained property blends natural woodwork with modern touches throughout. Each unit features its own private laundry, spacious living areas, and great natural light. A perfect opportunity for owner-occupants or investors looking for a solid property in one of NE Minneapolis’ most

    Alexander Randall Keller Williams Premier Realty Lake Minnetonka

    2531 California St NE, Minneapolis, MN 55418

Why Live in Marshall Terrace

Marshall Terrace, located in Northeast Minneapolis, Minnesota, along the Mississippi River, blends its industrial past with a vibrant artistic spirit. Early-1900s single-family homes and duplexes, including bungalows and Craftsman houses, make up most of the houses, many of which retain original features while being updated with modern amenities. The area is home to local studios and 56 Brewing, which contribute to its creative energy and make it feel like an extension of the Northeast Minneapolis Arts District. Residents are also minutes from Bottineau, where local restaurants include The Buttered Tin and Mojo Coffee Gallery. Grocery options include the locally owned Sentyrz Liquor & Supermarket and the Eastside Food Co-op, but you can also shop at The Quarry, located in Northeast Park. Popular events include Art-A-Whirl, a studio tour that spans the entire Northeast Minneapolis Arts District. Marshall Terrace Park provides a scenic retreat with trails, a playground, ballfields, a wading pool and a boardwalk overlooking the river, attracting wildlife enthusiasts and bird watchers. Public transportation is accessible with Metro Transit buses, and major roads like River Road connect residents to downtown Minneapolis, which is less than 5 miles away. Students in Marshall Terrace can attend the highly rated Waite Park Community School.

Marshall Terrace Home Prices vs. Nearby Minneapolis, MN Neighborhoods

Marshall Terrace Logan Park Beltrami Seward
Median Home Price
$336,500
$295,000
$335,000
$349,950
Median Sale Price
$344,000
+9% YoY
$280,500
-17% YoY
$334,000
-8% YoY
$354,000
+6% YoY
Median Single Family Price
$338,000
$375,000
$334,000
$372,000
Median Townhouse Price
$350,000
$252,500
$445,000
$294,999
Total Active Listings
0
1
1
7
Market Conditions
0 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market
1 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Marshall Terrace a good place to live?
Marshall Terrace is a good place to live. Marshall Terrace is considered car-dependent and a biker's paradise with good transit options. Marshall Terrace has 8 parks for recreational activities. It is fairly sparse in population with 4.0 people per acre and a median age of 39. The average household income is $74,815 which is below the national average. College graduates make up 40.8% of residents. A majority of residents in Marshall Terrace are home owners, with 49% of residents renting and 51% of residents owning their home. A local real estate agent serving Marshall Terrace can help you decide if this neighborhood is the right one for you. Learn more on our Marshall Terrace neighborhood guide.
Is Marshall Terrace, MN a safe neighborhood?
Marshall Terrace, MN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Marshall Terrace?
The median home price in Marshall Terrace is $336,500. If you put a 20% down payment of $67,300 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,700 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Marshall Terrace. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Marshall Terrace is $75K.
What are the best public schools in Marshall Terrace?
The best public schools that serve Marshall Terrace are:
What are the best private schools in Marshall Terrace?
The best private schools that serve Marshall Terrace are:
What are the most popular zip codes in Marshall Terrace, Minneapolis, MN?
The most popular zip codes in Marshall Terrace, Minneapolis, MN include 55418, 55412, 55411, 55413 and 55421.
What are the most popular neighborhoods near Marshall Terrace, Minneapolis, MN?
The most popular neighborhoods near Marshall Terrace, Minneapolis, MN are Holland, Bottineau, McKinley, Webber-Camden and Columbia Park.
Are home prices dropping in Marshall Terrace?
Yes, home prices in Marshall Terrace are down 2% in the last 12 months.
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