11

Prospect Park Homes for Sale

Section Image
  • /34

    $499,900

    • 3 Beds
    • 2 Baths
    • 2,100 Sq Ft

    923 Dartmouth Place SE, Minneapolis, MN 55414

    Welcome to Dartmouth Place!This is a rare opportunity you won’t want to miss. Just one block from the mighty Mississippi, you’ll enjoy walking, running, and biking paths along with sandy river beaches. The home is also just a block away from some of the best amenities of the University of Minnesota’s Minneapolis campus, as well as the full U of M Medical facilities.Built with unique

    James Swanson Coldwell Banker Realty

    923 Dartmouth Place SE, Minneapolis, MN 55414
  • /23

    $255,000

    • 2 Beds
    • 2 Baths
    • 836 Sq Ft

    2900 University Ave SE Unit 302, Minneapolis, MN 55414

    Location, Location, Location! This condo is a CORNER UNIT so NO neighbors to the east side. Primary bedroom has tons of window light with it's own ensuite primary bathroom. Huge open concept kitchen. New kitchen flooring. In-unit laundry. Covered balcony/deck to walk outside and get fresh air - facing rear of building away from street noise. Located in Prospect Park and 1 block away from light

    Luke Chase RE/MAX Results

    2900 University Ave SE Unit 302, Minneapolis, MN 55414
  • /25

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,224 Sq Ft

    2900 University Ave SE Unit 208, Minneapolis, MN 55414

    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

    Carrie Schmitz Keller Williams Classic Rlty NW

    2900 University Ave SE Unit 208, Minneapolis, MN 55414
  • /42

    $525,000

    • 4 Beds
    • 2 Baths
    • 2,414 Sq Ft

    215 Warwick St SE, Minneapolis, MN 55414

    Welcome to this classic two-story Craftsman-style duplex in the heart of Prospect Park. Rich hardwood floors, a cozy wood-burning fireplace, and a traditional stained-glass chandelier in the dining room create an inviting atmosphere full of timeless character. The main level offers both a formal dining space for special gatherings and an eat-in kitchen for casual moments. The updated kitchen

    Christopher Friend Edina Realty, Inc.

    215 Warwick St SE, Minneapolis, MN 55414
  • /37

    $991,000

    • 10 Beds
    • 5 Baths
    • 4,803 Sq Ft

    801 Huron Blvd SE, Minneapolis, MN 55414

    Fully renovated 2023/2024 property with four distinct units. Bonus Airbnb suite in the renovated top floor (2023) with high-end finishes. Second floor offers 4 bedrooms, main floor has 3 bedrooms + den, and lower level features a 1-bedroom with office. Onsite laundry, two car garage and off-street parking. Sits on a quiet stretch across from the Mississippi River & parkway with just 2 minutes to

    Denise Mazone Mazone Real Estate Group, Inc

    801 Huron Blvd SE, Minneapolis, MN 55414
  • /49

    $750,000

    • 4 Beds
    • 2.5 Baths
    • 2,800 Sq Ft

    1909 E River Pkwy, Minneapolis, MN 55414

    Prestigious East River Parkway Living with Modern Updates and Riverfront Trails. Welcome to your beautifully updated 4 bedroom 3 bath home on the highly sought-after East River Parkway. This sun-drenched residence blends timeless charm with today's fresh, light finishes. The newer kitchen opens into a large, inviting family/living room with oversized windows that fill the space with natural

    Margaret James Coldwell Banker Realty

    1909 E River Pkwy, Minneapolis, MN 55414
  • /9

    $719,000

    • 5 Beds
    • 2 Baths
    • 3,108 Sq Ft

    836 Thornton St SE, Minneapolis, MN 55414

    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

    Mike Wilen ™ Coldwell Banker Realty

    836 Thornton St SE, Minneapolis, MN 55414
  • /4

    $375,000

    • Land
    • 0.21 Acre
    • $1,785,714 per Acre

    2530 Essex St SE, Minneapolis, MN 55414

    Land for development. U of Minnesota. Zoned Urban Neighborhood CM3, BFT Transit 30. Value in land. Sold as is.

    John Anderson Twin Oaks Realty, Inc

    2530 Essex St SE, Minneapolis, MN 55414
  • /4

    $420,000

    • Land
    • 0.00 Acre

    616 Erie St SE, Minneapolis, MN 55414

    Don't miss the opportunity to develop there (2) lots in an extremely high-demand area. It would be a perfect property for the U of M healthcare facility that is a few blocks away. the buyer will need to get approvals for any development.

    Todd Priebe Re/Max Advantage Plus

    616 Erie St SE, Minneapolis, MN 55414
  • /54

    $860,000

    • 10 Beds
    • 4 Baths
    • 2,679 Sq Ft

    629 Oak St SE, Minneapolis, MN 55414

    Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living. Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for

    Laurie Allen Coldwell Banker Realty

    629 Oak St SE, Minneapolis, MN 55414
  • /19

    $215,000

    • 1 Bed
    • 1 Bath
    • 722 Sq Ft

    2600 University Ave SE Unit 106, Minneapolis, MN 55414

    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

    Anne Gustafson Edina Realty, Inc.

    2600 University Ave SE Unit 106, Minneapolis, MN 55414

Why Live in Prospect Park

Prospect Park in Minneapolis is centrally located along the northern side of the Mississippi River, offering a unique layout that deviates from the typical grid pattern. This neighborhood is known for its historic homes dating back to the late 1800s, featuring architectural styles such as Queen Anne, Colonial Revival, and Tudor Revival, with some modern builds along the waterfront. Home prices vary significantly, with properties near the river ranging from $600,000 to $900,000, while those on the other side of Interstate 94 are more affordable, typically between $210,000 and $600,000. The area is dotted with greenspaces, including the notable Tower Hill Park, home to the iconic “Witch’s Hat” water tower, and Luxton Park, which offers athletic fields, a playground, and a recreation center. Residents enjoy walking or biking the trails along the East River Parkway. Local attractions include Stub and Herb’s, a popular sports bar, the highly acclaimed Tea House Chinese Restaurant, and the trendy Market at Malcolm Yards food hall. The neighborhood fosters a strong community spirit with events like the Fire & Ice Festival and the Pratt Ice Cream Social. Prospect Park is well-connected with bike lanes, light rail stations, and bus stops, making it easy to access downtown Minneapolis, which is about 4 miles away, and downtown St. Paul, approximately 8.5 miles away. The area is considered safer than the national average, enhancing its appeal to potential home buyers.

Frequently Asked Questions

Is Prospect Park a good place to live?
Prospect Park is a good place to live. Prospect Park is considered fairly walkable and very bikeable with good transit options. Prospect Park has 6 parks for recreational activities. It is fairly dense in population with 14.9 people per acre and a median age of 27. The average household income is $66,472 which is below the national average. College graduates make up 74.7% of residents. A majority of residents in Prospect Park are renters, with 85.6% of residents renting and 14.4% of residents owning their home. A local real estate agent serving Prospect Park can help you decide if this neighborhood is the right one for you. Learn more on our Prospect Park neighborhood guide.
How much do you need to make to afford a house in Prospect Park?
The median home price in Prospect Park is $388,500. If you put a 20% down payment of $77,700 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,980 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $85K a year to afford the median home price in Prospect Park. The average household income in Prospect Park is $66K.
What are the best public schools in Prospect Park?
The best public schools that serve Prospect Park are:
What are the best private schools in Prospect Park?
The best private schools that serve Prospect Park are:
What are the most popular zip codes in Prospect Park, Minneapolis, MN?
The most popular zip codes in Prospect Park, Minneapolis, MN include 55414, 55114, 55406, 55454 and 55104.
What are the most popular neighborhoods near Prospect Park, Minneapolis, MN?
The most popular neighborhoods near Prospect Park, Minneapolis, MN are Saint Anthony Park, Seward, Cedar-Riverside, Union Park and Cooper.
Are home prices dropping in Prospect Park?
Yes, home prices in Prospect Park are down 6% in the last 12 months.

Home Trends in Prospect Park, MN

Housing Trends

Median Sale Price
$390,000
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$255,000
Average Price Per Sq Ft
$241
Number of Homes for Sale
5
Last 12 months Home Sales
31
Months of Supply
1.90
Median List Price
$388,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
How to Buy a Home How to Finance a Home How to Sell a Home