Welcome to this charming 1941 Cape Cod home in prime Minneapolis location, just steps from the riverfront with scenic walking and biking trails, and only minutes to downtown. Set on an oversized 0.27 acre lot, this home offers a rare blend of timeless character, thoughtful updates, and functional living spaces.
The main level features a warm, inviting layout with beautiful hardwood floors throughout. A spacious living room with a fireplace and built-ins flows seamlessly into the dining area, also accented with classic built-ins. The fully renovated kitchen is a standout, featuring stainless steel appliances, granite countertops, and smart, efficient design.
French doors lead to an adorable screened porch overlooking the expansive backyard, featuring a convenient pass-through serving counter for effortless indoor-outdoor entertaining. Step out to the large deck for outdoor dining and unwind in the hot tub.
The main level is completed with a versatile bedroom ideal for a home office or guest space, along with a convenient half bath.
Head upstairs and you will find three bedrooms providing comfortable accommodations, including a spacious primary suite with double closets and a beautifully updated private bath featuring a large walk-in shower, double vanity, and custom cabinetry. The primary bedroom also offers direct access to a generous private balcony overlooking the backyard to relax and take in the sunshine. The two additional bedrooms share a full bathroom on this level.
The finished lower level expands your living space with a family room featuring a wood-burning fireplace and a newly added egress window for added natural light. Laundry and storage areas complete the lower level.
Outside, you will enjoy the lovely landscaping and newer stamped concrete driveway, providing added curb appeal and additional parking. This home has seen numerous improvements throughout so be sure to request the full list of updates, floor plans, and explore the 3D virtual tour.
This home offers the perfect blend of classic charm, modern updates, and an unbeatable location. Book your showing today!
Closed
$585,000
1555 E River Ter, Minneapolis, MN 55414
4beds
3,206sqft
Single Family
Built in 1941
0.27 Acres Lot
$584,900 Zestimate®
$182/sqft
$3,680 Estimated rent
Home value
$584,900
$544,000 - $626,000
$3,680/mo
Zestimate® history
Owner options
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$3,680/mo
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$3,680/mo
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$3,711/mo
Est. payment
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$3,711/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Jessica M Miceli 952-240-2596,
Compass
Bought with:
NON-RMLS
Non-MLS
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7047754
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 234 Square Feet
- Dimensions: 18x13
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Primary bathroom
- Level: Upper
- Area: 72 Square Feet
- Dimensions: 9x8
Deck
- Level: Main
- Area: 200 Square Feet
- Dimensions: 20x10
Dining room
- Level: Main
- Area: 234 Square Feet
- Dimensions: 13x18
Family room
- Level: Lower
- Area: 255 Square Feet
- Dimensions: 17x15
Kitchen
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Laundry
- Level: Lower
- Area: 117 Square Feet
- Dimensions: 13x9
Living room
- Level: Main
- Area: 325 Square Feet
- Dimensions: 25x13
Other
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Screened porch
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Storage
- Level: Lower
- Area: 70 Square Feet
- Dimensions: 10x7
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Lower Level
Features
- Basement: Egress Window(s),Finished
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room, Wood Burning
Interior area
- Total structure area: 3,206
- Total interior livable area: 3,206 sqft
- Finished area above ground: 1,734
- Finished area below ground: 685
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Rear Porch, Screened
- Pool features: None
- Fencing: Partial
Lot
- Size: 0.27 Acres
- Dimensions: 75 x 158 x 75 x 154
Details
- Foundation area: 901
- Parcel number: 3002923430029
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mississippi Park Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $182/sqft
- Tax assessed value: $514,000
- Annual tax amount: $7,984
- Date on market: 4/3/2026
- Cumulative days on market: 22 days
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $585,000$182/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7047754 Report a problem | ||
| 5/6/2026 | Pending sale | $585,000$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047754 Report a problem | ||
| 4/29/2026 | Listing removed | $585,000$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047754 Report a problem | ||
| 4/7/2026 | Listed for sale | $585,000+105.3%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7047754 Report a problem | ||
| 9/30/2016 | Sold | $285,000$89/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4752154 Report a problem | ||
| 9/2/2016 | Pending sale | $285,000$89/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4752154 Report a problem | ||
| 8/17/2016 | Listed for sale | $285,000$89/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4752154 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,885 +9% | $514,000 +10.1% |
| 2024 | $6,318 +4.8% | $467,000 -3.5% |
| 2023 | $6,026 -9.8% | $484,000 +5.7% |
| 2022 | $6,680 +11.7% | $458,000 -5% |
| 2021 | $5,979 -7.7% | $482,000 +7.8% |
| 2020 | $6,479 +8.4% | $447,000 |
| 2019 | $5,979 -7.7% | $447,000 +17.9% |
| 2018 | $6,479 +25.2% | $379,000 +10% |
| 2017 | $5,176 -0.9% | $344,500 +14.3% |
| 2016 | $5,221 -0.8% | $301,500 |
| 2015 | $5,265 -4.5% | $301,500 +15.1% |
| 2014 | $5,512 +1.6% | $262,000 -5.1% |
| 2013 | $5,424 -1.5% | $276,000 -3.5% |
| 2012 | $5,508 +13.7% | $286,000 |
| 2011 | $4,846 +6.6% | $286,000 -6.4% |
| 2010 | $4,545 -8.5% | $305,500 -7.1% |
| 2009 | $4,969 +7.2% | $328,700 +3.6% |
| 2006 | $4,635 +9.9% | $317,400 +15% |
| 2005 | $4,218 +6.3% | $276,000 +15% |
| 2004 | $3,969 +10.7% | $240,000 +12% |
| 2002 | $3,584 -52.4% | $214,300 |
| 2001 | $7,523 | -- |
Find assessor info on the county website
Neighborhood: Prospect Park
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Nearby schools
GreatSchools rating
- 2/10Pratt Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 4.1 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 3.7 mi
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Estimated market value
$584,900
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Estimated market value
$584,900
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Prospect Park
- 1555 E River Ter
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