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723 2nd St NE, Minneapolis, MN, 55413

5beds
2baths
1,728sqft
$370,000
$214price/sqft
$2,732/moest. monthly cost
$109,280/yrincome needed

About This Home

Introducing a truly exceptional opportunity to own a distinctive St. Anthony West residence where an extraordinary vision has already begun to take form. Set on an elevated lot surrounded by lush greenery, this expansive home offers a rare combination of scale, architectural character, and opportunity in one of Northeast Minneapolis’ most sought-after neighborhoods. The owner began an extensive renovation, bringing new life and thoughtful updates to a home with tremendous potential. Soaring spaces, grand proportions, an impressive entrance, front and rear porches, and distinctive architectural details create a remarkable foundation for the next owner to complete and make their own. The main floor is anchored by a beautiful dining area of grand proportions, a gracious gathering space that once welcomed guests and immediately established the home’s sense of scale and elegance. The kitchen is designed around a large center island positioned for effortless walk-around flow, with an adjacent dining area creating an ideal setting for entertaining, gathering, and everyday living. Upstairs, the future primary suite is ready to become a spectacular private sanctuary. The spacious owners suite includes a dedicated bathroom and a private sunroom on the opposite side, creating an opportunity for an exceptional second-floor retreat with the finishing touches left for the next owner to bring their vision to life. The lower level is a vision in itself, featuring unusually high ceilings and tremendous volume rarely found in a home of this era. Envision an impressive gathering space, private bar, lounge, entertainment area, or recreation level—the possibilities are extraordinary. With its height, scale, and natural light, the lower level offers an opportunity to create something truly memorable. Outside, the elevated setting, lush surroundings, front and rear porches, and oversized two-car garage add to the property’s distinctive presence and functionality. This is more than just a home; it is an opportunity to complete a residence with exceptional scale, character, and personality. The vision has started to take form. Significant work and updates have already been undertaken, while the remaining finishes give the next owner the rare opportunity to shape the final expression of the home. For the buyer who can see beyond what exists today and recognize what this property can become, the opportunity is extraordinary. A residence of this scale, character, and potential is rarely offered—and completion is now waiting for you.

Getting Around

82
WalkingVery Walkable
53
TransitGood Transit
98
BikeBiker's Paradise

Schools

2/10
Webster ElementaryGrades PK-50.4 mi
2/10
Northeast Middle SchoolGrades 6-82.3 mi
4/10
Edison Senior High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Range,Refrigerator
  • Laundry features: In Basement,Lower Level

Basement

  • Has basement: Yes
  • Basement: Full

Bedroom

  • Level: Upper
  • Area: 247
  • Dimensions: 19x13

Bedroom2

  • Level: Upper
  • Area: 99
  • Dimensions: 11x9

Bedroom3

  • Level: Upper
  • Area: 99
  • Dimensions: 11x9

Bedroom4

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Bedroom5

  • Level: Main
  • Area: 100
  • Dimensions: 10x10

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Features

  • Number of fireplaces: 1
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,728

Heating & Cooling

  • Heating features: Hot Water
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,592
  • Total interior livable area: 1,728 sqft

Kitchen

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Living Room

  • Level: Main
  • Area: 288
  • Dimensions: 24x12

Office

  • Level: Upper
  • Area: 90
  • Dimensions: 10x9

Porch

  • Level: Upper
  • Area: 104
  • Dimensions: 13x8

Porch

  • Level: Main
  • Area: 96
  • Dimensions: 12x8

Porch

  • Level: Main
  • Area: 204
  • Dimensions: 24x8.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1402924320012
  • Zoning description: Residential-Single Family
  • Foundation area: 1152

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Enclosed,Front Porch,Porch,Rear Porch
  • Fencing: Chain Link,Full

Lot

  • Lot size: 4,791 sqft
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 125 x 39.17

Parking

  • Total spaces: 2
  • Parking features: Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Tornado

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,870$22,440
Home Insurance *$264$3,168
Property Taxes $428$5,136
Electricity $170$2,050
Total$2,732$32,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,668/yr
40% on housing$81,960/yr
45% on housing$72,853/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 55413$185
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55413$252
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$370,000
2009-10-16Sold$144,000

For Sale by Agent

AgentMike Wilen
BrokerageColdwell Banker Realty - Lakes

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