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Prospect Park Houses for Sale

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  • /48

    $825,000 Open Sun 11AM - 1PM

    • 6 Beds
    • 4 Baths
    • 3,895 Sq Ft

    1421 E River Pkwy, Minneapolis, MN 55414

    This beautiful 6-bedroom, 4-bathroom home, designed by architect Frederick Mann, sits on River Road in Prospect Park and is available for the first time in over 57 years! Rich in character and thoughtfully updated, it blends historic detail with modern comfort. Step through the original front door into an entryway with stained-glass windows, tile floors and an original staircase with iron

    Leah Kluz Edina Realty, Inc.

    1421 E River Pkwy, Minneapolis, MN 55414
  • /40

    $495,000 Open Sun 11AM - 1PM

    • 5 Beds
    • 2 Baths
    • 2,420 Sq Ft

    208 Melbourne Ave SE, Minneapolis, MN 55414

    Vintage charm meets thoughtful updates in this 1909 Prospect Park gem. Lovingly maintained by the same owners for nearly 30 years, the home sits perched above the Mississippi River in one of Minneapolis’ most sought-after neighborhoods. The inviting main floor features generous rooms with original woodwork, built-ins, leaded glass windows, beautiful hardwood floors, and an updated kitchen - with

    Peter Barile Anderson Realty

    208 Melbourne Ave 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

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
$402,500
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$260,000
Average Price Per Sq Ft
$239
Number of Homes for Sale
7
Last 12 months Home Sales
29
Months of Supply
2.90
Median List Price
$396,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%
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