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Prospect Park Condos for Sale

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  • /18

    $189,900

    • 2 Beds
    • 1 Bath
    • 952 Sq Ft

    26 Arthur Ave SE Unit 304, Minneapolis, MN 55414

    Top-floor two-bedroom, one bathroom condo in the heart of Prospect Park—just minutes from the U of M, 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 morning

    Joshua Dobbins Lakes Sotheby's International Realty

    26 Arthur Ave SE Unit 304, 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.

Home Trends in Prospect Park, MN

Housing Trends

Median Sale Price
$343,400
Median Single Family Sale Price
$347,900
Median Townhouse Sale Price
$305,900
Median 1 Bedroom Sale Price
$280,000
Average Price Per Sq Ft
$379
Number of Homes for Sale
2
Last 12 months Home Sales
77
Months of Supply
0.30
Median List Price
$347,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%
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