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$525,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.23 Acres
  • Updated 2 hours ago
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Rare opportunity to build on an oversized 80' x 124' lot in the heart of Minikahda Vista, one of St. Louis Park's most sought-after neighborhoods. The existing home is entirely habitable and could be lived in or rented during the planning process, making this an ideal site for a custom home. The flat, non-subdividable lot offers exceptional flexibility for site planning, allowing a new home to be positioned closer to the front of the lot to create an expansive, level backyard with ample room for a three- or even four-car garage. An existing 24' x 30' detached garage, built in 1989, is in very good condition and could potentially be preserved and relocated. Set on a quiet, non-through street known for its strong sense of community and easy walkability to neighborhood favorites, the property is just minutes from Trader Joe's, Honey & Rye Bakehouse, parks, trails, shopping, dining, and the Minneapolis lakes. Surrounded by numerous recent luxury home sales, the location provides outstanding support for high-end new construction. Open to any builder.

Full Property Details for 4032 Salem Ave

General

  • Price: $525,000
  • Taxes: $7,869 (2026)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7101379
  • Updated: Today (6/30/2026)
  • Added to Site: Today

Parking

  • Garage: Yes
  • Garage Spaces: 2

Location

  • County: Hennepin
  • Township: Saint Louis Park
  • Subdivision: Wildrose
  • Driving Directions: From Wooddale Ave, go east on W 41st St, then north on Salem Ave to home

School Information

  • School District: 283 - St. Louis Park
  • High School District: St. Louis Park

Utilities

  • Utility Description: Broadband Available, Broadband Connected, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Storm Sewer Available, Un

Structural Information

  • Year Built: 1926

Lot Features

  • Lot Size (Acres): 0.23
  • Lot Dimensions: 80 x 120 x 81 x 127
  • Frontage: City Street, No Outlet/Dead End, Paved Streets
  • Development Status: Finished Lot(s)
  • Zoning: Residential-Single Family
  • Lot Description: Public Transit (w/in 6 blks), Infill Lot, Light Tree Coverage
  • Fencing (Description): Partial, Privacy

Financial Considerations

  • Tax Amount: $7,869
  • Tax Year: 2026
  • Terms: Conventional Rehab, Cash, Special Funding

Disclosures and Reports

  • Legal Description: BLOCK 003 WILDROSE LOTS 3 AND 4
  • CC&Rs: Yes
  • Restrictions: Open
  • Inclusions: Platted
  • Property ID: 702824230151

Listed by Compass

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— 4032 Salem Ave —

  • Compass

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 4032 Salem Ave

School District:St. Louis Park Public School District
NameGradesDistance
Susan Lindgren Elementary School
4801 W 41st St, St. Louis Park, MN 55416
K-50.2 mi
St. Louis Park Middle School
2025 Texas Ave S, St. Louis Park, MN 55426
6-82.9 mi
St. Louis Park Senior High School
6425 W 33rd St, St. Louis Park, MN 55426
9-121.3 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 4032 Salem Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/30/2026
Listed
$525,000
22.09%
MLS
6/28/2019
Sold
$430,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4032 Salem Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,869
5%
$539,500
2%
2025
$7,516
6%
$529,000
1%
2023
$7,078
4%
$525,500
3%
2023
$6,834
—
$509,300
12%
2023
$6,834
-3%
$453,300
-11%
2020
$7,053
1%
$508,300
4%
2019
$7,005
3%
$488,900
7%
2018
$6,824
11%
$455,200
7%
2017
$6,122
-1%
$425,500
3%
2016
$6,166
—
$413,039
3%
2015
$6,157
16%
$400,068
22%
2014
$5,297
6%
$328,891
—
2013
$4,994
—
$328,891
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4032 Salem Avenue, Saint Louis Park, MN 55416 (MLS# 7101379) is a Lots/Land property with a lot size of 0.23 acres. 4032 Salem Avenue is currently listed for $525,000 and was received on June 30, 2026. Want to learn more about 4032 Salem Avenue? Do you have questions about finding other Lots/Land real estate for sale in Saint Louis Park? You can browse all Saint Louis Park real estate or contact a Coldwell Banker agent to request more information.

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