4032 Salem Avenue, Minneapolis, MN 55416 (MLS# 7101379)


$525,000
4032 Salem Avenue
Minneapolis, MN 55416
MLS# 7101379



4032 Salem Avenue, Minneapolis, MN 55416
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Property 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 provides outstanding support for high-end new construction. Open to any builder.

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 525000
Original List Price: 525000
ListPrice: 525000
List Date: 2026-06-30
Owner is an Agent?: No
Auction?: No
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
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
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: Yes
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 07
Township#: 28
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

Listing Office: Compass

Last Updated: July - 02 - 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.

Thursday 2nd of July 2026 03:59 AM

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