1601 River Ter E, Minneapolis, MN 55414
OFF MARKET

$486,600

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 2,008 sqft

1601 River Ter E, Minneapolis, MN 55414

Prospect Park
Est. Refi. Payment $3,064/mo*
Refinance Your Home
Currently Off Market - Sold Feb 16, 2016 for $331,000

Home Value

Trulia Estimate
$487K
Since last month
Decreased$5K (-1.1%)
Since last year
Decreased$4K (-0.8%)
Since last sale
Increased$157K (+47.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +42% in the last 10 years
MonthEstimated value
2026
August 2026$488K
August 2026$487K
July 2026$493K
June 2026$496K
May 2026$496K
April 2026$497K
March 2026$491K
February 2026$483K
January 2026$468K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
175 Seymour Ave SE, Minneapolis, MN
0.13
Single-Family Home
$470,000
02/25/26
3
1.5
2,202
1908 E River Ter, Minneapolis, MN
0.11
Single-Family Home
$425,000
07/29/26
4
3
1,709
1910 Franklin Ave SE, Minneapolis, MN
0.17
Single-Family Home
$340,000
03/09/26
3
1
1,896
208 Melbourne Ave SE, Minneapolis, MN
0.22
Single-Family Home
$480,000
10/23/25
5
2
2,420
2025 Franklin Ave SE, Minneapolis, MN
0.27
Single-Family Home
$475,000
02/18/26
3
2
1,720
143 Bedford St SE, Minneapolis, MN
0.32
Single-Family Home
$442,000
07/20/26
3
2
1,540
156 Arthur Ave SE, Minneapolis, MN
0.32
Single-Family Home
$527,366
05/15/26
3
2
2,227
900 E River Ter, Minneapolis, MN
0.21
Single-Family Home
$515,000
05/18/26
5
2.5
3,192
1949 E River Ter, Minneapolis, MN
0.20
Single-Family Home
$625,000
07/31/26
4
1.5
2,258
1555 E River Ter, Minneapolis, MN
0.04
Single-Family Home
$585,000
06/18/26
4
2.5
3,206

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1555 E River Ter, Minneapolis, MN 55414
0.04
$585,000
4
2.5
3,206
Recently Sold
1601 E River Ter, Minneapolis, MN 55414
0.00
$405,100
4
2
2,008
Off Market
1551 E River Ter, Minneapolis, MN 55414
0.05
$647,300
4
4
3,075
Off Market
1540 E River Ter, Minneapolis, MN 55414
0.09
$545,400
2
1.5
2,297
Off Market
1625 E River Ter, Minneapolis, MN 55414
0.05
$454,200
3
2
2,558
Off Market
1536 E River Ter, Minneapolis, MN 55414
0.09
$520,500
3
2.5
1,620
Off Market
300 Seymour Pl SE, Minneapolis, MN 55414
0.07
$622,600
4
2
2,233
Off Market
1615 E River Pkwy, Minneapolis, MN 55414
0.08
$825,000
5
3
3,296
For Sale
1523 E River Ter, Minneapolis, MN 55414
0.12
$340,100
2
1.5
1,491
Off Market
1519 E River Ter, Minneapolis, MN 55414
0.13
$410,800
2
2
1,682
Off Market
1633 E River Pkwy, Minneapolis, MN 55414
0.10
$905,000
4
3.5
3,233
Recently Sold
175 Seymour Ave SE, Minneapolis, MN 55414
0.13
$470,000
3
1.5
2,202
Recently Sold

Local Information

  • Map ViewExplore the area around 1601 River Ter E.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1951
2,008 sqft
$242/sqft
Garage

About this House

Sold! Don’t miss this opportunity to own at a great price in premier River Road neighborhood of Prospect Park! This great mid-century one and a half story has four large bedrooms, an attached garage, and spacious kitchen and living room. The lower level just needs your finishing touches for even more space! The home’s features include hardwood floors, stone front, great landscaping, flowers and gardens, and a very large and private back yard-great for entertaining. This property, just down-river from the U of M, has been a very successful rental for many years. Great opportunity for an easy to fill cash-flowing rental or make it your home in this sought after neighborhood.
1601 River Ter E, Minneapolis, MN 55414 is a 4 bedroom, 2 bathroom, 2,008 sqft single-family home in Prospect Park, built in 1951. It last sold for $331,000 on Feb 16, 2016. More recently, it was listed as a rental in June 2012 with an asking price of $1,850 per month. That rental listing was removed on September 10, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $486,600, with a rent estimate of $2,738/month.

Home Details for 1601 River Ter E

Interior Features

Interior Details
BasementNumber of Rooms: 7Types of Rooms: Family Room, Laundry Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Hardwood
Appliances & Utilities
Refrigerator
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows

Exterior Features

Exterior Home Features
Roof: Shake ShingleExterior: StuccoLawnPatio
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Feb 16, 2016
Source: N/A
Sold
$331,000
Jan 29, 2016
Source: Agent Provided
Pending
$333,000
Nov 25, 2015
Source: Agent Provided
PriceChange
$333,000
Price decreased by 2%
Nov 9, 2015
Source: Agent Provided
PriceChange
$338,900
Price decreased by 1%
Oct 26, 2015
Source: Agent Provided
PriceChange
$344,000
Price decreased by 2%

Market trends in Minneapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$33MoM
Sale-to-List Price
100.0%
Price per sq ft
$203
$5MoM
Available listings
1461
73MoM

Around this home

Neighborhood Overview

Prospect Park
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Prospect Park

At least 35 Trulia users voted on each feature.

  • 98 % Say it's dog friendly

  • 91 % Say there are sidewalks

  • 70 % Say it's walkable to restaurants

  • 70 % Say streets are well-lit

  • 67 % Say parking is easy

  • 65 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 61 % Say yards are well-kept

  • 60 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 52 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 48 % Say there's wildlife

  • 43 % Say car is needed

  • 43 % Say there are community events

  • 29 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Melissa D.
    "Cars tend to drive fast, I’m not sure what can be done but for your own safety, pay close attention."
    1
    Flag
  • Arthur T.
    "I think that the area is pretty nice and it is close to the light rail which is great. Honestly I can’t say there are a lot of events in the area"
    0
    Flag
  • Chenyu702
    "It’s very close to campus and the light rail system which makes it very accessible to the city as well as the university. "
    8
    Flag
  • Becky H.
    "This neighborhood is on a bus and train line and is close to major highways. Not ideal for traffic noise on the outskirts but certainly accessible."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1601 River Ter E

  • What is 1601 River Ter E estimated to be worth?
    Trulia's estimated value for 1601 River Ter E in Minneapolis, MN is $486,600.
  • What is the price history for 1601 River Ter E?
    1601 River Ter E in Minneapolis, MN last sold for $331,000 in February 2016.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $345K. That is up $33 from the prior month.
  • Does 1601 River Ter E have air conditioning?
    Yes, 1601 River Ter E in Minneapolis, MN has air conditioning.
  • Does 1601 River Ter E have laundry facilities?
    Yes, 1601 River Ter E in Minneapolis, MN has laundry facilities.

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Apartments for Rent

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Off Market Homes Near 1601 River Ter E

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