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Prospect Park Homes for Sale

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  • /53

    $600,000

    • 4 Beds
    • 1.5 Baths
    • 2,258 Sq Ft

    1949 E River Terrace, Minneapolis, MN 55414

    Located in the highly sought-after Prospect Park neighborhood on East River Terrace, this wonderful home truly has it all. The main floor features a family room, formal dining room, and an open kitchen with a center island—perfect for everyday living and entertaining. Enjoy the generous living room with a cozy fireplace, along with a charming three-season porch. Upstairs, you’ll find four

    Julie Glass Edina Realty, Inc.

    1949 E River Terrace, Minneapolis, MN 55414
  • /42

    $1,500,000

    $14M PRICE DROP
    • 20 Beds
    • 12 Baths
    • 7,335 Sq Ft

    1217 Yale Ave SE, Minneapolis, MN 55414

    SELLER IS OPEN TO CONTRACT FOR DEED WOW! A newer-construction four-unit near the University of Minnesota is a rare find. Built in 2008, this townhome-style property features four spacious units, each offering 5 bedrooms and 3 bathrooms—an ideal layout that continues to see strong rental demand. Modern construction, functional floor plans, and generous unit sizes make this opportunity stand out

    Daniel Anshus Financially Free, LLC

    1217 Yale Ave SE, Minneapolis, MN 55414
  • /48

    $399,900

    • 3 Beds
    • 2.5 Baths
    • 2,028 Sq Ft

    930 Dartmouth Place SE, Minneapolis, MN 55414

    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

    Nicole Wang RE/MAX Results

    930 Dartmouth Place SE, Minneapolis, MN 55414
  • /14

    $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
  • /45

    $399,990

    • 3 Beds
    • 2 Baths
    • 1,540 Sq Ft

    143 Bedford St SE, Minneapolis, MN 55414

    Nestled in the highly sought-after Prospect Park neighborhood, this charming 3-bedroom, 2-bathroom home blends timeless character with exceptional space and convenience. The main level welcomes you with beautiful hardwood floors, impressive ceiling heights, and stunning built-ins that showcase the home's classic craftsmanship. Thoughtfully designed for both everyday living and entertaining, the

    Andrew Lockwood Keller Williams Premier Realty

    143 Bedford St SE, Minneapolis, MN 55414
  • /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
  • /26

    $200,000

    $10K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 676 Sq Ft

    2600 University Ave SE Unit 319, Minneapolis, MN 55414

    Secure and quiet, this freshly painted Stadium Village condo has been well cared for and is perfect for the serious undergrad or post-grad student. Bright and airy with an additional room for office or guest. Features newer appliances, a kitchen island, hardwood floors, a private balcony, and in-unit laundry. Rentals ARE allowed in the University Flats community, which is conveniently situated on

    Elizabeth Jackson Real Broker, LLC

    2600 University Ave SE Unit 319, Minneapolis, MN 55414
  • /22

    $399,900

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 2,184 Sq Ft

    214 Emerald St SE, Minneapolis, MN 55414

    Great home with many updates through the years. Nice size front porch walks into spacious foyer looking into living area. Beautiful woodwork thru out home, raised panel doors, beautiful hardwood floors, built in hutch, stained glass window. and a spacious kitchen w/new countertops, newer appliances which include refrig, stove, dishwasher, micorwave, disposal and walks out to rear deck and

    Nancy Betts RE/MAX Results

    214 Emerald St SE, Minneapolis, MN 55414
  • /28

    $249,900

    $25K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,053 Sq Ft

    2600 University Ave SE Unit 108, Minneapolis, MN 55414

    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

    Anthony Nguyen HOMESTEAD ROAD

    2600 University Ave SE Unit 108, Minneapolis, MN 55414
  • /26

    $249,900

    $15K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 912 Sq Ft

    2900 University Ave SE Unit 300, Minneapolis, MN 55414

    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

    Vanessa Moore Coldwell Banker Realty

    2900 University Ave SE Unit 300, Minneapolis, MN 55414
  • /30

    $250,000

    • 2 Beds
    • 2 Baths
    • 828 Sq Ft

    2900 University Ave SE Unit 402, Minneapolis, MN 55414

    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

    Victor Gromoff Bridge Realty, LLC

    2900 University Ave SE Unit 402, Minneapolis, MN 55414
  • /26

    $220,000

    • 1 Bed
    • 1 Bath
    • 734 Sq Ft

    2600 University Ave SE Unit 418, Minneapolis, MN 55414

    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

    Michael Fix Fix Realty

    2600 University Ave SE Unit 418, Minneapolis, MN 55414
  • /20

    $184,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    26 Arthur Ave SE Unit 304, Minneapolis, MN 55414

    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 Dobbins Lakes Sotheby's International Realty

    26 Arthur Ave SE Unit 304, Minneapolis, MN 55414
  • /8

    $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 - Lakes

    836 Thornton St SE, Minneapolis, MN 55414
  • /24

    $299,900

    • 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 with

    Carrie Schmitz Keller Williams Classic Rlty NW

    2900 University Ave SE Unit 208, Minneapolis, MN 55414
  • /30

    $199,900

    • 1 Bed
    • 1 Bath
    • 675 Sq Ft

    2600 University Ave SE Unit 105, Minneapolis, MN 55414

    Welcome to University Flats in Prospect Park! Walk, bike, or ride transit anywhere on campus. This1-bedroom, 1-bathroom condo is ready to go with updated floors, stainless steel appliances, and in-unit laundry. The building includes a fitness center, elevator, and game room. Designated parking spot in the back of the building next to the unit. Rentals allowed.

    Gene Pease Keller Williams Realty Integrity Lakes

    2600 University Ave SE Unit 105, Minneapolis, MN 55414
  • /28

    $499,900

    • 3 Beds
    • 3.5 Baths
    • 2,190 Sq Ft

    921 Dartmouth Ave SE, Minneapolis, MN 55414

    Just step out from this townhouse onto the East River Parkway, conveniently located in Prospect Park. Home is south facing windows with lots of natural light. Walking distance to U of M campus, shops, restaurants, and many other amenities. Home has 3 bedrooms and 4 baths. The upper level has 2 ensuites bedrooms, one bedroom has 2 closets, full bath and large south facing windows, the other

    Andy Prashad Counselor Realty, Inc.

    921 Dartmouth Ave SE, Minneapolis, MN 55414
  • /45

    $425,000

    • 4 Beds
    • 3 Baths
    • 1,709 Sq Ft

    1908 E River Terrace, Minneapolis, MN 55414

    Available for the first time in 54 years in the popular Prospect Park neighborhood! Located on a picturesque and tree-lined street, this home features a spacious living room, beautiful woodwork, gas fireplace, primary suite, efficient kitchen, and a gorgeous sunroom on the main floor. Entertain or sip your morning coffee on the deck overlooking the fully fenced backyard that is filled with

    Amy Sperling Verve Realty

    1908 E River Terrace, Minneapolis, MN 55414
  • /43

    $490,000

    • 4 Beds
    • 2 Baths
    • 2,530 Sq Ft

    129 Arthur Ave SE, Minneapolis, MN 55414

    Rare opportunity to own a classic up/down duplex in the heart of Minneapolis' highly sought-after Prospect Park neighborhood. Whether you're looking to offset your mortgage with rental income or add a strong-performing asset to your investment portfolio, this property offers outstanding flexibility and long-term potential. Filled with timeless character, both units feature impressive 9-foot

    Gabriel Anderson Roseville Realty

    129 Arthur Ave SE, Minneapolis, MN 55414

Why Live in Prospect Park

Prospect Park, in central Minneapolis, Minnesota, is known for its historic Queen Anne, Colonial Revival and Tudor Revival homes next to the Mississippi River. There are also several townhouses, condos and apartments, attracting many renters. The neighborhood is located next to the University of Minnesota Twin Cities and the M Health Fairview University of Minnesota Medical Center – East Bank. Younger students attend Minneapolis Public Schools. The area is dotted with green spaces, including the notable Tower Hill Park, home to the iconic “Witch’s Hat” water tower and Luxton Park, which has athletic fields, a playground and a recreation center. Residents enjoy walking or biking the trails at East River Flat Park. Many of the Prospect Park Neighborhood Association’s events are at Luxton Park, including the annual Fire & Ice Festival. One of the neighborhood’s biggest draws is its walkability, but public transportation and highway access make it easy to get across the Twin Cities. Downtown Minneapolis is about 5 miles away, and it's a 10-mile drive to downtown Saint Paul. The Market at Malcolm Yard is a food hall right off University Avenue that’s next to the popular Surly Brewing Co.

Prospect Park Home Prices vs. Nearby Minneapolis, MN Neighborhoods

Prospect Park Marcy-Holmes Saint Anthony West Union Park
Median Home Price
$425,000
$365,000
$400,000
$415,000
Median Sale Price
$492,000
+27% YoY
$400,000
+11% YoY
$462,500
+5% YoY
$439,000
+4% YoY
Median Single Family Price
$515,000
$403,750
$525,000
$435,000
Median Townhouse Price
$228,500
$320,000
$224,000
--
Median Condo Price
$522,450
$384,250
$360,000
$325,000
Total Active Listings
16
10
3
21
Market Conditions
6 Months of Supply
Buyer's Market
4 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
2 Months of Supply
Seller's Market

Frequently Asked Questions

Is Prospect Park a good place to live?
Prospect Park is a good place to live. Prospect Park is considered somewhat walkable and very bikeable with good transit options. Prospect Park has 6 parks for recreational activities. It is very dense in population with 15.0 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 86% of residents renting and 14% 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.
Is Prospect Park, MN a safe neighborhood?
Prospect Park, 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 Prospect Park?
The median home price in Prospect Park is $425,000. If you put a 20% down payment of $85,000 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $2,130 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $91K a year to afford the median home price in Prospect Park. Learn how much home you can afford with our Home Affordability Calculator. 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, 55108 and 55404.
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, Longfellow, Cooper and Como.
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