LKV Realty
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$899,000
$4,400Reward *
2740 Thomas Avenue S, Minneapolis, MN 55416Listing ID 7120408

2740 Thomas Avenue S, Minneapolis, MN 55416

Active
Walton Hills
Time on site: 9 daysLast updated: Aug 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family
Bedrooms
Bedrooms
3
Bathrooms
Bathrooms
2
Square Feet
Square Feet
2,676
Days on Site
Days on Site
8
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
1935
Garages
Garages
1
Parking
Parking
Attached Garage, Tuckunder Garage

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.

Property Information

Property Details

Location

Address
2740 Thomas Avenue S
County
Hennepin
City
Minneapolis
Zip Code
55416
Subdivision
Walton Hills
School District
Minneapolis

Interior Features

Beds and Baths

Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1

Building

Building Information

Square Feet
2,676
Year Built
1935
Foundation
Block
Roof
Asphalt

Property Taxes

Tax Annual Amount
$12,997
Tax Year
2026
Coldwell Banker Realty - Lakes, (612) 920-5605

Market Report for 55416

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Northstar MLS
Northstar MLS logo

Based on information submitted to the MLS GRID as of 12 Aug 2026, 11:28 AM UTC. 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.

For corrections to this data please contact Brytecore MLS Support.

NST502021996 • NST502000936