1949 E River Ter
Minneapolis, MN 55414
Prospect Park- 4 Beds
- 1.5 Baths
- 2,258 sqft (on 0.32 acres)
$625,000
Last Sold: Jul 31, 2026
4% over list $600K
$277/sqft
Est. Refi. Payment $3,874/mo*
$625,000
Last Sold: Jul 31, 2026
4% over list $600K
$277/sqft
Est. Refi. Payment $3,874/mo*
4 Beds
1.5 Baths
2,258 sqft
(on 0.32 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1932
Lot Size
0.32 acres
Living Area
2,258 sqft
Price/Sqft
$277/sqft
Parking
Garage
HOA
None
About this House
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 bedrooms conveniently located on the second floor. The quaint lower-level family room offers additional living space and a second fireplace. Outside, the beautifully landscaped front yard and large backyard provide plenty of room to relax and play. A two-car detached garage adds convenience and extra storage.
Located just half a block from East River Road, this home offers easy access to the river, trails, and outdoor recreation. Walk or bike to the University of Minnesota, neighborhood shops, and restaurants. A truly convenient location in one of Minneapolis’s most desirable neighborhoods.
Upstairs, you’ll find four bedrooms conveniently located on the second floor. The quaint lower-level family room offers additional living space and a second fireplace. Outside, the beautifully landscaped front yard and large backyard provide plenty of room to relax and play. A two-car detached garage adds convenience and extra storage.
Located just half a block from East River Road, this home offers easy access to the river, trails, and outdoor recreation. Walk or bike to the University of Minnesota, neighborhood shops, and restaurants. A truly convenient location in one of Minneapolis’s most desirable neighborhoods.
1949 E River Ter, Minneapolis, MN 55414 is a 4 bedroom, 2 bathroom, 2,258 sqft single-family home in Prospect Park, built in 1932. It last sold for $625,000 on Jul 31, 2026 (4% above the $600,000 asking price). It is currently off market. The Trulia Estimate is $588,700, with a rent estimate of $3,232/month.
Home Details for 1949 E River Ter
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MLS Status: Closed |
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Interior Details Basement: Block,Drain Tiled,Full,Partially FinishedNumber of Rooms: 12Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Amusement Room, Dining Room, Family Room, Flex Room, Informal Dining Room, Kitchen, Living Room, Utility Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2258 Square FeetFoundation Area: 703 |
Heating & Cooling Heating: Hot WaterHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Hot Water |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Brick, Family Room, Living RoomHas a Fireplace |
Gas & Electric Gas: Natural Gas |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoAccessibility: None |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: Enclosed, Screened, Side Porch |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (25x20)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage |
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront |
Water & Sewer Sewer: City Sewer/Connected |
Finished Area Finished Area (above surface): 2000 Square FeetFinished Area (below surface): 258 Square Feet |
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Cumulative Days on Market: 38 |
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Year Built Year Built: 1932 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family |
Building Construction Materials: Block, FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels |
Property Information Parcel Number: 3102923110052 |
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Price List Price: $600,000Price Per Sqft: $277/sqft |
Status Change & Dates Off Market Date: Mon Jul 06 2026 |
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Direction & Address City: MinneapolisCommunity: Mississippi Park Add |
School Information High School District: Minneapolis |
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Building Area Building Area: 2703 Square Feet |
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No HOA |
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Lot Area: 0.32 acres |
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Contingencies: None |
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BasementMls Number: 7078761Above Grade Unfinished Area: 2000Activation Date: Fri May 29 2026 |
Last check for updates: about 2 hours ago
Listed by Julie P Glass-Yares, (612) 790-8166
Edina Realty, Inc.
Gavin Yares, (612) 229-9193
Bought with: Nicole Goltz, (763) 528-0953, Realty ONE Group Choice
Source: NorthstarMLS as distributed by MLS GRID, MLS#7078761

Price History for 1949 E River Ter
| Date | Price | Event | Source |
|---|---|---|---|
| 07/31/2026 | $625,000 | Sold | NorthstarMLS as distributed by MLS GRID #7078761 |
| 07/06/2026 | $600,000 | Pending | NorthstarMLS as distributed by MLS GRID #7078761 |
| 05/29/2026 | $600,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #7078761 |
| 11/01/2023 | ListingRemoved | NorthstarMLS as distributed by MLS GRID #6422531 | |
| 10/02/2023 | $599,900 | PriceChange | NorthstarMLS as distributed by MLS GRID #6422531 |
| 09/09/2023 | $620,000 | Listed For Sale | NorthstarMLS as distributed by MLS GRID #6422531 |
Market trends in Minneapolis
Last updated June 2026
Avg. sale price
$345K
$16.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$208
$1MoM
Available listings
1530
4MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $7,207 |
| Assessment | $517,200 |
Home facts updated by county records
Comparable Sales for 1949 E River Ter
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Single-Family Home | $690,000 | 12/08/25 | 4 | 2.5 | 2,800 | |
0.03 | Single-Family Home | $750,000 | 05/22/26 | 5 | 3.5 | 3,629 | |
0.11 | Single-Family Home | $825,000 | 08/15/25 | 6 | 2.5 | 2,766 | |
0.24 | Single-Family Home | $585,000 | 06/18/26 | 4 | 2.5 | 3,206 | |
0.48 | Single-Family Home | $525,000 | 01/22/26 | 4 | 1.5 | 2,028 | |
0.10 | Single-Family Home | $425,000 | 07/29/26 | 4 | 3 | 1,709 | |
0.10 | Single-Family Home | $360,000 | 08/08/25 | 3 | 2 | 1,707 | |
0.16 | Single-Family Home | $905,000 | 07/20/26 | 4 | 3.5 | 3,233 | |
0.20 | Single-Family Home | $470,000 | 02/25/26 | 3 | 1.5 | 2,202 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1949 E River Ter.
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.
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Homes for sale near 1949 E River Ter
Off Market Homes Near 1949 E River Ter

Based on information submitted to the MLS GRID as of 2026-07-31 05:43:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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