Date
Details
Price
Change
Source
5/29/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$600,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 1949 E River Terrace
General
- Price: $600,000
- Taxes: $7,207 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7078761
- Updated: Today (5/29/2026)
- Added to Site: Today
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Brick, Family Room, Living Room
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Dining Room: Separate Formal Dining Room
- Formal Dining Room: Separate/Formal Dining Room
Additional Information
- Amenities: Porch
Exterior
- Porch/Patio/Deck: Enclosed, Screened, Side Porch
Parking
- Garage: Yes
- Garage Description: 25 x 20
- Garage Spaces: 2
- Parking Features: Detached Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Mississippi Park Add
- Neighborhood: 65
- Driving Directions: From I-94, take the Riverside Ave exit and head north on East River Parkway. Continue north along the river, then turn onto E River Terrace to home.
School Information
- School District: 1 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Cooling Type: Ductless Mini-Split
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Block, Frame
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Block, Drain Tiles, Full, Partially Finished
- Foundation Size: 703
- Roof: Asphalt
- Disability Access: None
- Square Feet: 2,258
- Above Ground: 2,000 Sq. Ft.
- Below Ground: 703 Sq. Ft.
- Finished Down/Base.: 2,703 Sq. Ft.
- Year Built: 1932
Lot Features
- Lot Size (Acres): 0.32
- Lot Dimensions: 75 x 184
- Frontage: City Street
- Zoning: Residential-Single Family
Financial Considerations
- Tax Amount: $7,207
- Tax Year: 2025
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: BLOCK 004 MISSISSIPPI PARK ADDN TO MPLS LOT 13 AND THE SELY 1/2 OF LOT 12
- Property ID: 3102923110052
Listed by Edina Realty, Inc.
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— 1949 E River Terrace —
Edina Realty, Inc.
NMLS#: 1598647
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Schools
Schools serving 1949 E River Terrace
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Pratt Elementary School 66 Malcolm Avenue Southeast, Minneapolis, MN 55414 | PK-5 | 0.6 mi |
Northeast Middle School 2955 Hayes Street Northeast, Minneapolis, MN 55418 | 6-8 | 4.3 mi |
Edison Senior High School 700 22nd Avenue Northeast, Minneapolis, MN 55418 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1949 E River Terrace
Tax History
Tax History for 1949 E River Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,207
9%
$487,000
-4%
2023
$6,622
9%
$506,000
10%
2023
$6,052
—
$460,000
5%
2023
$6,052
-7%
$440,000
—
2020
$6,497
—
$439,500
6%
2019
$6,468
7%
$414,500
9%
2018
$6,021
9%
$381,320
13%
2017
$5,501
2%
$337,175
17%
2016
$5,416
-2%
$288,125
3%
2015
$5,547
2%
$281,040
7%
2014
$5,419
-6%
$262,510
-6%
2013
$5,736
—
$278,315
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1949 E River Terrace
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Listed by RE/MAX Results
Sold by Adrianna Lonick
Sold by Adrianna Lonick
1949 E River Terrace, Minneapolis, MN 55414 (MLS# 7078761) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 1949 E River Terrace is currently listed for $600,000 and was received on May 29, 2026. Want to learn more about 1949 E River Terrace? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.