Find Your Dream Home: Search 10,000+ Homes for Sale

4032 Salem Avenue, Minneapolis, MN 55416

New Listing

$525,000

Property Type: Land Lot Size (sq. ft.): 10,019 Status: Active

Current Price: $525,000 List Date: 6/30/2026 Last Modified: 6/30/2026

Overview

Description

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 provide ... (Read more)

Listing Details MLS# 7101379

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront YN: No
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 80x120x81x127
Acres: 0.23
Power Company: Xcel Energy
Assessment Pending: No
Association Fee: 0

Property Features

Available Utilities: Broadband Available; Broadband Connected; Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Available; Sewer Connected; Storm Sewer Available; Underground Utilities Available; Water Available; Water Connected Development Status: Finished Lot(s) Fencing: Partial; Privacy Improvements: Curbs; Fence; Paved Streets; Public Road; Sidewalks; Storm Sewer Internet Options: Cable; Fiber Optic; Satellite Land Inclusions: Platted Lot Description: Infill Lot; Public Transit (w/in 6 blks); Tree Coverage - Light Road Frontage: City Street; No Outlet/Dead End; Paved Streets Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Rehab; Special Funding Topography: Level

Contract Information

Contingency: None
Original List Price: 525000
ListPrice: 525000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 4032
Street Name: Salem
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55416
Complex/Dev/Subdivision: Wildrose

Assessments

Tax With Assessments: 7869
Assessment Balance: 0

Builder Information

Builder Restrictions: Open

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 07
Township#: 28

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: BLOCK 003 WILDROSE LOTS 3 AND 4
Listing City: Saint Louis Park
Map Page: 119
Municipality: Saint Louis Park
School District: St. Louis Park
School District Phone: 952-928-6000
Zip Plus 4: 2924
Property ID Number: 0702824230151
Tax Year: 2026
Tax Amount: 7869
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: From Wooddale Ave, go east on W 41st St, then north on Salem Ave to home

Development Status

Finished Lot(s): Yes

Fencing

Partial: Yes
Privacy: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
Fiber Optic: Yes
Satellite: Yes

Lot Description

Infill Lot: Yes
Public Transit (w/in 6 blks): Yes
Tree Coverage - Light: Yes

Restriction/Covenants

Easements-Utility: Yes

Road Frontage

City Street: Yes
No Outlet/Dead End: Yes
Paved Streets: Yes

Road Responsibility

Public Maintained Road: Yes

Sellers Terms

Cash: Yes
Conventional Rehab: Yes
Special Funding: Yes

Topography

Level: Yes

Available Utilities

Broadband Available: Yes
Broadband Connected: Yes
Cable Available: Yes
Electricity Available: Yes
Electricity Connected: Yes
Natural Gas Available: Yes
Natural Gas Connected: Yes
Sewer Available: Yes
Sewer Connected: Yes
Storm Sewer Available: Yes
Underground Utilities Available: Yes
Water Available: Yes
Water Connected: Yes

Improvements

Curbs: Yes
Fence: Yes
Paved Streets: Yes
Public Road: Yes
Sidewalks: Yes
Storm Sewer: Yes

Land Inclusions

Platted: Yes

Listing Office: Compass

Last Updated: June - 30 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.