1555 E River Terrace, Minneapolis, MN 55414
$585,000
Property Type:
Residential
Bedrooms:
4
Baths:
3
Square Footage:
3,206
Lot Size (sq. ft.):
11,761
Status:
Closed
Current Price:
$585,000
List Date:
4/07/2026
Last Modified:
6/22/2026
Overview
Description
...
(Read more)
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!
Listing Details MLS# 7047754
General Property Information
- Common Wall
- No
- Lot Measurement
- Acres
- Manufactured Home?
- No
- Multiple PIDs?
- No
- New Development
- No
- Number of Fireplaces
- 2
- Waterfront YN
- No
- Year Built
- 1941
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Single Family
- Bath Full
- Yes
- Bath Three Quarters
- Yes
- Bath Half
- Yes
- Main Floor Total SqFt
- 1342
- Above Grd Total SqFt
- 2305
- Below Grd Total SqFt
- 901
- Total SqFt
- 3206
- Total Finished Sqft
- 2419.00
- FireplaceYN
- Yes
- Style
- (SF) Single Family
- Foundation Size
- 901
- Power Company
- Xcel Energy
- Garage Stalls
- Yes
- Lot Dimensions
- 75x158x75x154
- Acres
- 0.27
- Assessment Pending
- No
- Bath Quarter
- 0
- Association Fee
- 0
Property Features
Accessible:
None
Air Conditioning:
Central Air
Amenities Unit:
Balcony; Ceiling Fan(s); Deck; French Doors; Hardwood Floors; Hot Tub; Kitchen Window; Porch; Tile Floors; Washer/Dryer Hookup
Appliances:
Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Assumable Loan:
Not Assumable
Basement:
Egress Windows
Bath Description:
Double Sink; Main Floor 1/2 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary
Construction Status:
Previously Owned
Dining Room Description:
Breakfast Bar; Informal Dining Room; Living/Dining Room
Exterior:
Wood
Family Room Characteristics:
Lower Level
Fencing:
Partial
Financing Terms:
Conventional
Fireplace Characteristics:
Family Room; Living Room; Wood Burning
Foundation:
Concrete Block
Fuel:
Natural Gas
Heating:
Forced Air
Laundry:
Lower Level
Pool Description:
None
Road Frontage:
City Street
Sewer:
City Sewer/Connected
Special Search:
3 BR on One Level
Stories:
One and One Half
Water:
City Water/Connected
Contract Information
- Off Market Date
- 2026-04-29
- Contingency
- None
- Closed Date
- 2026-06-18
- Original List Price
- 585000
- Sales Close Price
- 585000
- ListPrice
- 585000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1555
- Street Direction Prefix
- E
- Street Name
- River
- Street Suffix
- Terrace
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55414
- Complex/Dev/Subdivision
- Mississippi Park Add
Assessments
- Tax With Assessments
- 7984
- Assessment Balance
- 0
Building Information
- Finished SqFt Above Ground
- 1734
- Finished SqFt Below Ground
- 685
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- DP Resource
- Yes
- Homestead
- Yes
Ownership
- Fractional Ownership
- No
Parking Characteristics
- Garage Square Feet
- 180
Public Survey Info
- Range#
- 23
- Section#
- 30
- Township#
- 29
Office/Member Info
- Association
- MAAR
Location, Tax and Other Information
- AssocFeeYN
- No
- Legal Description
- BLOCK 001 MISSISSIPPI PARK ADDN TO MPLS LOT 10 AND SELY 1/2 LOT 9
- Listing City
- Minneapolis
- Map Page
- 107
- Municipality
- Minneapolis
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Zip Plus 4
- 3647
- Property ID Number
- 3002923430029
- Tax Year
- 2026
- Tax Amount
- 7984
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- 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!
- Directions
- From Franklin Ave (between Hwy 280 & River Parkway) - Head South on East River Terrace to home.
Accessible
- None
- Yes
Air Conditioning
- Central Air
- Yes
Amenities Unit
- Balcony
- Yes
- Ceiling Fan(s)
- Yes
- Deck
- Yes
- French Doors
- Yes
- Hardwood Floors
- Yes
- Hot Tub
- Yes
- Kitchen Window
- Yes
- Porch
- Yes
- Tile Floors
- Yes
- Washer/Dryer Hookup
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Assumable Loan
- Not Assumable
- Yes
Basement
- Egress Windows
- Yes
Bath Description
- Double Sink
- Yes
- Main Floor 1/2 Bath
- Yes
- Upper Level Full Bath
- Yes
- 3/4 Primary
- Yes
- Private Primary
- Yes
Construction Status
- Previously Owned
- Yes
Dining Room Description
- Breakfast Bar
- Yes
- Informal Dining Room
- Yes
- Living/Dining Room
- Yes
Exterior
- Wood
- Yes
Family Room Characteristics
- Lower Level
- Yes
Fencing
- Partial
- Yes
Financing Terms
- Conventional
- Yes
Fireplace Characteristics
- Family Room
- Yes
- Living Room
- Yes
- Wood Burning
- Yes
Foundation
- Concrete Block
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Forced Air
- Yes
Insurance Fee
- Insurance Fee
- 0
Laundry
- Lower Level
- Yes
Patio, Porch and Deck Features
- Deck
- Yes
- Rear Porch
- Yes
- Screened
- Yes
Pool Description
- None
- Yes
Road Frontage
- City Street
- Yes
Sewer
- City Sewer/Connected
- Yes
Special Search
- 3 BR on One Level
- Yes
Stories
- One and One Half
- Yes
Water
- City Water/Connected
- Yes
Room Information
| Room Name | Dimensions | Level |
|---|---|---|
| Deck | 20x10 | Main |
| Dining Room | 13x18 | Main |
| Family Room | 17x15 | Lower |
| First (1st) Bedroom | 18x13 | Upper |
| Fourth (4th) Bedroom | 13x11 | Main |
| Kitchen | 13x9 | Main |
| Laundry | 13x9 | Lower |
| Living Room | 25x13 | Main |
| Primary Bath | 9x8 | Upper |
| Other | 13x11 | Upper |
| Screened Porch | 13x11 | Main |
| Second (2nd) Bedroom | 14x13 | Upper |
| Third (3rd) Bedroom | 11x10 | Upper |
Documents
Listing Office:
Compass
Last Updated: June - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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