21 Malcolm Ave SE, Minneapolis, MN 55414
Property image
Property image
SOLD
JUN 5, 2026

21 Malcolm Ave SE
Minneapolis, MN 55414

Prospect Park
  • 6 Beds
  • 6 Baths
  • 5,842 sqft (on 0.40 acres)

$560,000

Last Sold: Jun 5, 2026
5% below list $590K
$96/sqft
Est. Refi. Payment $3,397/mo*

$560,000

Last Sold: Jun 5, 2026
5% below list $590K
$96/sqft
Est. Refi. Payment $3,397/mo*
6 Beds
6 Baths
5,842 sqft
(on 0.40 acres)

Local Information

  • Map ViewExplore the area around 21 Malcolm Ave SE.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Own of of Prospect Park's legacy properties - where the possibilities are endless! Right now the building has 3 active units, but in the past has been as many as 5 separate units. Zoned for Apartments, it would be easily possible to get a few of the kitchens back in and turn this back into a huge money making property! Incredible lot for the area, there is even increased value add down the line as this property will be key to any future development in the area. Currently the main floor and 1/2 of the upper floor make a grand apartment for an owner occupant filled with charming woodwork, hardwood floors, decorated ceilings & details thru out. 3 baths and 3BRs in this unit with a grand hall entrance. 2nd floor has a 1 bedroom apartment with continued charm and woodwork galore. The 3rd floor is a fantastic 2BR utilitarian apartment that is easy to maintain and rent to students. Basement is dry with high ceilings and could be turned into another living space if desired. Right now there is a recently updated bath, wine cellar and storage lockers for the tenants. 3 car garage and large yard. Stunning wrap around porch. Perfect for an owner occupant or could be great for an investors as well. Well maintained, but due to memory issues of the current seller, property will be sold as-is.
21 Malcolm Ave SE, Minneapolis, MN 55414 is a 6 bedroom, 6 bathroom, 5,842 sqft multi-family in Prospect Park, built in 1888. It last sold for $560,000 on Jun 5, 2026 (5% below the $589,900 asking price). It is currently off market. The Trulia Estimate is $559,400, with a rent estimate of $1,869/month.

Home Highlights

Parking
Garage
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$96/sqft
Listed
91 days ago

Home Details for 21 Malcolm Ave SE

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Shared Access,Storage/Locker,Storage Space
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 6
Dimensions and Layout
Living Area: 5842 Square FeetFoundation Area: 1715
Appliances & Utilities
Laundry: In Basement,In Unit
Heating & Cooling
Heating: Hot WaterHas HeatingHeating Fuel: Hot Water
Gas & Electric
Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel EnergyGas: Natural Gas
Levels, Entrance, & Accessibility
Levels: More Than 2 StoriesAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Architectural ShinglePatio / Porch: Front Porch, Porch, Wrap Around
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3Other Parking: Garage Dimensions (38x18)No CarportHas a GarageNo Attached GarageParking Spaces: 3Parking: Detached Garage
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer - In Street
Finished Area
Finished Area (above surface): 4127 Square Feet

Days on Market

Cumulative Days on Market: 26

Property Information

Year Built
Year Built: 1888
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Apartment
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 3002923140015

Price & Status

Price
List Price: $589,900Price Per Sqft: $96/sqft
Status Change & Dates
Off Market Date: Tue May 12 2026

Location

Direction & Address
City: MinneapolisCommunity: Eustis Park
School Information
High School District: Minneapolis

Building

Building Area
Building Area: 5842 Square Feet

Lot Information

Lot Area: 0.40 acres

Offer

Contingencies: None

Miscellaneous

Mls Number: 7050238Above Grade Unfinished Area: 4127
Last check for updates: about 22 hours ago
Listed by Reidell Estey & Associates – Marti Estey, (651) 442-9353
RE/MAX Results
Bought with: Jessica L Naithani, (612) 558-3699, Lakes Area Realty
Source: NorthstarMLS as distributed by MLS GRID, MLS#7050238

Price History for 21 Malcolm Ave SE

DatePriceEventSource
06/05/2026$560,000Sold
NorthstarMLS as distributed by MLS GRID #7050238
05/12/2026$589,900PendingNorthstarMLS as distributed by MLS GRID #7050238
04/16/2026$589,900Listed For SaleNorthstarMLS as distributed by MLS GRID #7050238

Market trends in Minneapolis

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$16.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$208
$1
MoM
Available listings
1530
4
MoM
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Comparable Sales for 21 Malcolm Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.37
Multi-Family Home
$710,000
07/16/26
4
3
3,855
0.43
Multi-Family Home
$410,000
04/17/26
5
4
2,850
0.22
Multi-Family Home
$282,000
05/21/26
4
2
3,127
0.56
Multi-Family Home
$542,000
11/20/25
7
3
2,674
0.57
Multi-Family Home
$445,000
08/18/25
4
3
2,010
0.57
Multi-Family Home
$511,000
12/16/25
4
2
2,414
0.72
Multi-Family Home
$699,000
11/21/25
10
4
2,679

Nearby homes

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Assigned Schools

These are the assigned schools for 21 Malcolm Ave SE.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Prospect Park

At least 35 Trulia users voted on each feature.
  • 98 % Say it's dog friendly

  • 91 % Say there are sidewalks

  • 70 % Say it's walkable to restaurants

  • 70 % Say streets are well-lit

  • 67 % Say parking is easy

  • 65 % Say people would walk alone at night

  • 63 % Say it's walkable to grocery stores

  • 61 % Say yards are well-kept

  • 60 % Say there's holiday spirit

  • 56 % Say it's quiet

  • 52 % Say kids play outside

  • 51 % Say neighbors are friendly

  • 48 % Say there's wildlife

  • 43 % Say car is needed

  • 43 % Say there are community events

  • 29 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Melissa D.
    "Cars tend to drive fast, I’m not sure what can be done but for your own safety, pay close attention."
  • Arthur T.
    "I think that the area is pretty nice and it is close to the light rail which is great. Honestly I can’t say there are a lot of events in the area"
  • Chenyu702
    "It’s very close to campus and the light rail system which makes it very accessible to the city as well as the university. "
  • Becky H.
    "This neighborhood is on a bus and train line and is close to major highways. Not ideal for traffic noise on the outskirts but certainly accessible."

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 21 Malcolm Ave SE

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Off Market Homes Near 21 Malcolm Ave SE

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Based on information submitted to the MLS GRID as of 2026-07-15 10:33:14 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
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