1555 E RIVER Terrace, Minneapolis, MN 55414

New Listing
$585,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,206 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $585,000 List Date: 4/07/2026 Last Modified: 4/07/2026

Overview

Description

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!

Open Houses

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 Present
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 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

Contingency
None
Original List 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

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

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

Deck Dimensions: 20x10 Level: Main Dining Room Dimensions: 13x18 Level: Main Family Room Dimensions: 17x15 Level: Lower First (1st) Bedroom Dimensions: 18x13 Level: Upper Fourth (4th) Bedroom Dimensions: 13x11 Level: Main Kitchen Dimensions: 13x9 Level: Main Laundry Dimensions: 13x9 Level: Lower Living Room Dimensions: 25x13 Level: Main Primary Bath Dimensions: 9x8 Level: Upper Other Dimensions: 13x11 Level: Upper Screened Porch Dimensions: 13x11 Level: Main Second (2nd) Bedroom Dimensions: 14x13 Level: Upper Third (3rd) Bedroom Dimensions: 11x10 Level: Upper

Documents

Listing Office: Compass
IDX
Last Updated: April - 07 - 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.