Listed at
$899,000
$395/sqft

Walton Hills

2740 Thomas Avenue, Minneapolis, MN, 55416
3  Bedrooms2  Bathrooms2,275  Square Feet0.23  Acres
Days on market56
Year built1935
Garage spaces1
TypeResidential
Est. $23,970buyer credit when you buy with SODL
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About this home

Exceptional opportunity on an expansive 85’ x 125’ double lot in sought after Cedar-Isles-Dean neighborhood near Lake of the Isles. Bathed in beautiful natural light, this wide parcel offers remarkable potential for a new construction home that fully maximizes the setting, scale, and surrounding architecture. The existing cottage is undeniably charming, but the true value lies in the land and the ability to create a custom residence in a premier location. With alley access and ample space to design a sun filled home, the lot offers endless layout and lifestyle possibilities. Whether envisioning a modern masterpiece or a timeless classic, this rare, oversized site provides the ideal canvas in a high quality, established neighborhood steps from parks, trails, and the lakes. A prime teardown opportunity for builders, investors, or anyone seeking to build their dream home.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1935
LevelsOne and One Half
Living area2,275 sqft
Above-grade finished1,868 sqft
Below-grade finished407 sqft
Lot size0.23 acres (125x80)
Days on market56
ListedAug 3, 2026
MLS #NST7120408
CountyHennepin
SubdivisionWalton Hills
Parcel #3202924420038

Facts & features

Interior

Bedrooms
3
Bathrooms
2
Bath breakdown
1 full / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Gas Water Heater, Range, Refrigerator

Property

Levels / stories
One and One Half
Garage
1 space · 25x9 · 254 sqft
Parking features
Attached Garage, Tuckunder Garage
Patio & porch
Porch
Exterior features
Stone, Wood
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,008 sqft
Roof
Asphalt
Year built
1935

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Walton Hills
HOA
No HOA
School district
1 - Minneapolis
High school district
Minneapolis

Financial & listing details

Annual tax
$12,997 (2026)
Listed
Aug 3, 2026
Days on market
56 · 164 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths0
Half baths1
1/4 baths0
BasementPartial
HeatingForced Air
CoolingCentral Air
Fireplaces2
LaundryIn Basement, Sink
AppliancesDishwasher, Disposal, Gas Water Heater, Range, Refrigerator
DiningBreakfast Area, Separate/Formal Dining Room
AmenitiesHardwood Floors, Natural Woodwork, Paneled Doors, Porch, Washer/Dryer Hookup
AccessibilityNone
Special features3 BR on One Level

Exterior & lot

ExteriorStone, Wood
RoofAsphalt
FoundationBlock
Foundation area1,008 sqft
Patio/porchPorch
Lot featuresPublic Transit (w/in 6 blks), Tree Coverage - Medium
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Tuckunder Garage
Garage spaces1
Garage size254 sqft

Financial details

Annual taxes$12,997
Tax year2026
Taxes w/ assessments12997
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District1 - Minneapolis
District number1
District phone6126680000
High schoolMinneapolis
SODL flat fee brokerage
$23,970Estimated buyer credit
SODL platform fee $3,000Your buyer credit $23,970

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$6,107/mo
Principal & interest$4,725
Property taxes$1,083
Home insurance (est.)$300
%
$179,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

2740 Thomas Avenue, Minneapolis, MN, 55416

Listing information

MLS #NST7120408
StatusActive
Last updatedAug 3, 2026, 1:56 PM
Originally listedAug 3, 2026, 8:54 AM
Listing officeColdwell Banker Realty - Lakes
Co-listing officeColdwell Banker Realty - Lakes

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.