Date
Details
Price
Change
Source
2/17/2026
Listed
$999,000
—
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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1/17
$999,000 Just Listed
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1/17
Property Description
Exceptional opportunity on an expansive 85' x 125' double lot in sought after Cedar-Isles-Dean neighborhood near Lake of the Isles. Bathed in beautiful natural light, this wide parcel offers remarkable potential for a new construction home that fully maximizes the setting, scale, and surrounding architecture. The existing cottage is undeniably charming, but the true value lies in the land and the ability to create a custom residence in a premier location. With alley access and ample space to design a sun filled home, the lot offers endless layout and lifestyle possibilities. Whether envisioning a modern masterpiece or a timeless classic, this rare, oversized site provides the ideal canvas in a high quality, established neighborhood steps from parks, trails, and the lakes. A prime teardown opportunity for builders, investors, or anyone seeking to build their dream home.
Full Property Details
Full Property Details for 2740 Thomas Ave S
General
- Price: $999,000
- Taxes: $12,970 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7017154
- Updated: 2/17/2026
- Added to Site: 2 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Amusement Room, Living Room, Wood-Burning
- Appliances: Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Dining Room: Breakfast Area, Separate Formal Dining Room
- Formal Dining Room: Breakfast Area, Separate/Formal Dining Room
- Laundry: In Basement, Sink, In Basement, Sink
Additional Information
- Amenities: Hardwood Floors, Natural Woodwork, Paneled Doors, Porch, Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 25 x 9
- Garage Spaces: 1
- Parking Features: Attached Garage, Tuckunder Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Walton Hills
- Neighborhood: 9
- Driving Directions: Thomas Avenue S between Dean Pkwy and W 28th St.
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Partial
- Foundation Size: 1008
- Roof: Asphalt
- Disability Access: None
- Square Feet: 2,275
- Above Ground: 2,011 Sq. Ft.
- Below Ground: 665 Sq. Ft.
- Year Built: 1935
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.23
- Lot Dimensions: 125 x 80
- Frontage: City Street, Curbs, Paved Streets, Sidewalks
- Zoning: Residential-Single Family
- Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage
- Fencing (Description): Partial
Financial Considerations
- Tax Amount: $12,970
- Tax Year: 2026
- Terms: Conventional, Cash
Disclosures and Reports
- Legal Description: BLOCK 002 WALTON HILLS LOTS 30 AND 31 AND N 5 FT OF LOT 29
- Property ID: 3202924420038
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 2740 Thomas Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Kenwood Elementary School 2013 Penn Avenue South, Minneapolis, MN 55405 | K-5 | 0.7 mi |
Anwatin Middle Com & Spanish D I 256 Upton Avenue South, Minneapolis, MN 55405 | 6-8 | 1.5 mi |
North Academy Senior High 1500 James Avenue North, Minneapolis, MN 55411 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2740 Thomas Ave S
Tax History
Tax History for 2740 Thomas Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,356
11%
$772,000
-3%
2023
$11,175
16%
$792,000
15%
2023
$9,610
—
$689,000
3%
2023
$9,610
5%
$669,000
10%
2020
$9,161
-3%
$608,000
—
2019
$9,429
8%
$608,000
7%
2018
$8,761
-2%
$568,000
—
2017
$8,971
-3%
$568,000
—
2016
$9,254
-5%
$568,000
—
2015
$9,705
2%
$568,000
8%
2014
$9,478
—
$525,000
—
2013
$9,521
—
$525,000
—
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 2740 Thomas Ave S
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- Triplex
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Sold by Homes Plus Realty
Sold by Homes Plus Realty
2740 Thomas Avenue S, Minneapolis, MN 55416 (MLS# 7017154) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 2740 Thomas Avenue S is currently listed for $999,000 and was received on February 17, 2026. This property is listed by Berg Larsen Group from our Minneapolis Lakes Office.Want to learn more about 2740 Thomas Avenue S? Do you have questions about finding other Single Family real estate for sale in Calhoun-Isles? You can browse all Calhoun-Isles real estate or contact a Coldwell Banker agent to request more information.