1940 E River Ter, Minneapolis, MN 55414
OFF MARKET

$653,000

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 3,596 sqft

1940 E River Ter, Minneapolis, MN 55414

Prospect Park
Refinance Your Home
Currently Off Market - Sold Mar 17, 1998 for $178,500

Home Value

Trulia Estimate
$653K
Since last month
Decreased$2K (-0.3%)
Since last year
Decreased$38K (-5.5%)
Since last sale
Increased$474K (+265.3%)
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 +43% in the last 10 years
MonthEstimated value
2026
August 2026$652K
July 2026$654K
June 2026$666K
May 2026$664K
April 2026$674K
March 2026$668K
February 2026$638K
January 2026$634K
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
1909 E River Pkwy, Minneapolis, MN
0.08
Single-Family Home
$690,000
12/08/25
4
2.5
2,800
1555 E River Ter, Minneapolis, MN
0.22
Single-Family Home
$585,000
06/18/26
4
2.5
3,206
1908 E River Ter, Minneapolis, MN
0.07
Single-Family Home
$425,000
07/29/26
4
3
1,709
1933 E River Ter, Minneapolis, MN
0.04
Single-Family Home
$750,000
05/22/26
5
3.5
3,629
1949 E River Ter, Minneapolis, MN
0.05
Single-Family Home
$625,000
07/31/26
4
1.5
2,258
1633 E River Pkwy, Minneapolis, MN
0.12
Single-Family Home
$905,000
07/20/26
4
3.5
3,233
2520 38th Ave S, Minneapolis, MN
0.36
Single-Family Home
$265,000
04/07/26
4
3
1,423
2019 Franklin Ave SE, Minneapolis, MN
0.32
Single-Family Home
$680,000
05/07/26
3
2.5
4,654
2500 Seabury Ave, Minneapolis, MN
0.35
Single-Family Home
$900,000
09/10/25
4
3
4,193
900 E River Ter, Minneapolis, MN
0.39
Single-Family Home
$515,000
05/18/26
5
2.5
3,192

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
1925 E River Pkwy, Minneapolis, MN 55414
0.04
$942,200
7
4
3,868
Off Market
1924 E River Ter, Minneapolis, MN 55414
0.03
$462,300
3
2.5
2,297
Off Market
1949 E River Ter, Minneapolis, MN 55414
0.05
$625,000
4
1.5
2,258
Recently Sold
1933 E River Ter, Minneapolis, MN 55414
0.04
$750,000
5
3.5
3,629
Recently Sold
1913 E River Pkwy, Minneapolis, MN 55414
0.07
$840,100
6
2.5
2,766
Off Market
1965 E River Terrace, Minneapolis, MN 55414
0.08
$534,000
3
1.5
2,316
Off Market
1909 E River Pkwy, Minneapolis, MN 55414
0.08
$690,000
4
2.5
2,800
Recently Sold
1908 E River Ter, Minneapolis, MN 55414
0.07
$425,000
4
3
1,709
Recently Sold
319 Seymour Pl SE, Minneapolis, MN 55414
0.08
$805,800
3
2.5
2,870
Off Market
1915 E River Ter, Minneapolis, MN 55414
0.07
$482,600
4
2
1,979
Off Market
1633 E River Pkwy, Minneapolis, MN 55414
0.12
$905,000
4
3.5
3,233
Recently Sold
300 Seymour Pl SE, Minneapolis, MN 55414
0.11
$626,800
4
2
2,233
Off Market

Local Information

  • Map ViewExplore the area around 1940 E River Ter.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1939
Living Area
3,596 sqft
Price/Sqft
$182
Parking
Garage

About this House

This single-family home is located at 1940 E River Ter, Minneapolis, MN. 1940 E River Ter is in the Prospect Park neighborhood in Minneapolis, MN and in ZIP code 55414. This property has 4 bedrooms, 3 bathrooms and approximately 3,596 sqft of floor space. This property has a lot size of 10192 sqft and was built in 1939.
1940 E River Ter, Minneapolis, MN 55414 is a 4 bedroom, 3 bathroom, 3,596 sqft single-family home in Prospect Park, built in 1939. It last sold for $178,500 on Mar 17, 1998. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $653,000, with a rent estimate of $3,691/month.

Home Details for 1940 E River Ter

Interior Features

Interior Details
BasementNumber of Rooms: 7
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Brick
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1939
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10192 sqft

Price and Tax history

DateEventPrice
Mar 17, 1998
Source: N/A
Sold
$178,500
Sep 17, 1996
Source: N/A
Sold
$2,014,433

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 1940 E River Ter

  • What is 1940 E River Ter estimated to be worth?
    Trulia's estimated value for 1940 E River Ter in Minneapolis, MN is $653,000.
  • What is the price history for 1940 E River Ter?
    1940 E River Ter in Minneapolis, MN last sold for $178,500 in March 1998.
  • 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.
  • How big is the lot at 1940 E River Ter?
    The lot at 1940 E River Ter in Minneapolis, MN is about 0.23 acres (10,192 sq ft).
  • Does 1940 E River Ter have a garage?
    Yes, 1940 E River Ter in Minneapolis, MN has a garage.

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