$747,815Average Value$483Average Price per Sq Ft30Homes For Sale
Not long ago, Downtown East was a bustling business district five days a week that went dark after the workday and, except for occasional events at the old Metrodome stadium, stayed hushed through the weekend. Today, former industrial buildings left over from when Minneapolis was the world's flour milling capital have been revitalized in the neighborhood's Mill District, with many converted to high-end condominiums to meet residential demand. "This is a very attractive area for so many different reasons," says Realtor Richard Newman with DRG Minneapolis Urban Homes. "It's riverfront with a lot of transportation options, upscale buildings and a quieter atmosphere than one would expect."
An evening view of Downtown East with Eleven on the River in the foreground.
The Mill City Museum is built in the ruins of the historic Washburn A Mill.
The spiral walkway at Gold Medal Park is a must-walk feature of Downtown East.
The patio at Kindee is a great spot for Thai food near the Guthrie Theatre in Downtown East.
1/4
Industrial lofts and new condos
Like most of the hot neighborhoods in the city, Downtown East is a mix of renters and owners, with about 52% of its approximately 2,000 residents owning their residences. With a median 12-month sale price of nearly $650,000 in September 2023 and prices that can reach as high as $2 million, this area is not a budget-friendly option for first-time buyers. "Because of the cost of entry, the area skews somewhat older," Newman says. The real estate market is competitive, but the high housing cost means properties stay on the market about 30 days longer than the national average. Although some of the Mill District has been redeveloped, homes in Downtown East are predominately new--the average year built was 2016.
Condos near the Mill City Ruins in Downtown East have a classic look with modern additions.
The Bridgewater Lofts in the Downtown East Neighborhood.
The Whitney Landmark Residences originally housed the Standard Mill, which was built in 1879.
Stonebridge Lofts are one of many condominium communities in Downtown East.
1/4
Middling public schools
There are no public schools downtown, but kids can cross the River to attend kindergarten through 8th grade at Marcy Open Elementary School, which received a C-plus on Niche. Northeast Middle School, just north in Audubon Park, received a C-plus on Niche and is partnering with the neighborhood association to develop a 30x40-foot garden at the Northeast Market Garden. FAIR High School for the Arts is the closest to Downtown East. FAIR received a C-plus on Niche and is a prestigious International Baccalaureate Program member. Students may also attend Thomas Edison High School, which opened in 1922 and offers beginner to college-level courses in Spanish, French and Ojibwe, a language spoken by the most populous Native American tribe in North America.
Marcy encourages diverse learning methods, nurturing students' individuality and growth.
Welcome to Northeast Middle School.
Thomas Edison High School serves students in grades 9-12.
FAIR School for Arts rests in downtown Minneapolis, Minnesota.
1/4
Football and farmers markets
The neighborhood is anchored by U.S. Bank Stadium, which opened in 2016 and is home to the Minnesota Vikings. The stadium is an access point to the Minneapolis Skyway System, the world's most extensive contiguous system of enclosed, second-level bridges. This pathway connects Downtown East to 9.5 miles of walkways connecting 80 city blocks. The Mill City Museum is a standout piece of architecture, with interactive exhibits exploring the history of the flour industry in the ruins of an old mill. Home to Shakespeare and hot new playwrights, the Guthrie Theater is a sacred space in Downtown East. At intermission, thoughtful theatergoers gaze at the mighty Mississippi from The Endless Bridge. Open Book is another popular space in this artsy district.
U.S. Bank Stadium is home of the Minnesota Vikings and the best concert venue in Downtown East.
Various condominium units facing Gold Medal Park in Downtown East.
The freshest produce in Downtown East can be found at the Mill City Farmer's Market.
The Mill City Farmer's Market is held every Saturday in Downtown East.
1/4
A James Beard Award-winner and more
Buzzing with activity and commerce, Downtown East is teeming with shopping and dining destinations. The indigenous cooking at Owamni by The Sioux Chef won a James Beard Award in 2022, and you'll find every cuisine around here, from swank hotels in former grain depots to craft breweries. Housed in an industrial space, Day Block Brewing Company serves house-brewed beer and unique pizza made with locally sourced ingredients. A popular Trader Joe's is situated next to a Starbucks on South Washington Avenue, and the Mill City Farmers Market is held every Saturday from May through September.
The Milwaukee Road restaurant and bar is inside the Renaissance Minneapolis Hotel.
The Renaissance Minneapolis Hotel is set in an historical train depot in downtown Minneapolis.
Owamni is a full-service Indigenous restaurant created by The Sioux Chef in 2021.
Owamni showcases true North American Indigenous foods and culture.
1/4
On the shores of the Mighty Mississippi
Many downtowns are a sea of concrete, but the Mill District's border with the Mississippi River provides natural green space. Adjacent to the stadium, The Commons is a 4-acre, dog-friendly green space for cultural and sports events. It's also family-friendly, with play equipment, a splash pad and benches for warm days. Mill Ruins Park is built around a historic old mill and features interpretive signs and dedicated paths for hiking and biking. The park looks out over the historic Stone Arch Bridge, which is for pedestrians only. Pieces from the Walker Sculpture Garden dot 7 acre-Gold Medal Park. The park's spiral walkways lead to a 32-foot mound that provides picturesque views of the art and the River.
The mighty Mississippi River rests on the north shore of Downtown East.
U.S. Bank, the Guthrie Theatre, and Gold Medal Park bring life to Downtown East of Minneapolis.
Someone on an afternoon run in Mill Ruins Park.
A family bikes across the Stone Arch Bridge near Downtown East.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Barbara Brin,
an experienced agent in this neighborhood.
Parks in this Area
Elliot Park
Baseball/Softball
Basketball
Grills
Bluff Street Park
Bike Trails
Trails
Events
The Commons
Gold Medal Park
Currie Park
Basketball
Grills
Picnic Area
Mill Ruins Park
Bike Trails
Picnic Area
Trails
Transit
Airport
Minneapolis-St Paul International/Wold-Chamberlain
20 min drive
Subway
Downtown East/Metrodome Station
Bus
3rd St S & Chicago Ave S
Bus
Washington Ave S & Park Ave
Bus
Washington Ave S & Chicago Ave S
Bus
4th St S & Chicago Ave
Bus
Washington Av & 10 Av NW Corner
Bus
3rd St S & Portland Ave S NE Corner
Bus
4th St S & Chicago Ave S SW Corner
Crime and Safety
1 - Low Crime, 10 - High Crime
Downtown East
US
Homicide
5
4
Sexual Assault
7
4
Assault with Weapon
6
4
Robbery
9
4
Burglary
8
4
Motor Vehicle Theft
6
4
Larceny
7
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Downtown East, Minneapolis sell after 67 days on the market compared to the national average of 47 days. The average sale price for homes in Downtown East, Minneapolis over the last 12 months is $891,353, up 13% from the average home sale price over the previous 12 months.
Beautiful 7th floor, Northeast facing condo at the Legacy. Two bedrooms, two baths, two ideal (electric ready wiring) parking spaces. Located along the Mississippi River with walkability to Gold Medal Park, Stone Arch Bridge, theaters, restaurants and large/small music and sports venues. The unit boats 1125 sq/ft with an ensuite primary bedroom and bath, hardwood floors, stainless appliances
Spacious open flowing floor plan overlooking Gold Medal Park. Rarely available 3Br/3BA in the sought after Mill District. Newly remodeled gourmet kitchen, great room features amazing new custom wall unit plus new lighting throughout. Gleaming hardwood floors and 3rd bedroom with quality built in desk and murphy bed.Sumptuous primary suite, loads of storage and more. Wonderful amenities and
Immerse yourself in panoramic, unobstructed views of the skyline, Mississippi River, and the iconic Stone Arch Bridge from this grand residence at The Legacy in Minneapolis' famed Mill District. This sophisticated 2-bedroom, 2-bath + den offers the pinnacle of urban luxury. The kitchen showcases an oversized island, sleek quartz countertops, a custom herringbone tile backsplash, premium wood
Bright and sunny 2BR, 2BA, 2Pkg condo now available in the heart of the Mill District! This Legacy Lofts unit features real hardwood floors, granite countertops, stainless steel appliances, large kitchen island, tiled backsplash, built-in closet organizers, large balcony overlooking building courtyard, and more. Building amenities include 24/7 front desk staff, outdoor swimming pool, hot tub,
Legacy 2BR with great finishes and views now available steps from Gold Medal Park in the Mill District! Indoor heated parking and all utilities included with rent except electricity. In the kitchen you’ll find granite counter tops, upgraded cabinetry with lighting underneath, gas oven, stainless steel appliances, tiled backsplash and island with space for bar stools. Unit features hardwood in the
Modern & sunny 2BR, 2BA w/2 indoor heated parking stalls steps from Gold Medal Park in Stonebridge Lofts! You only need to pay for electricity; all other utilities included with rent! You'll love the 13' ceilings, wall of windows, huge patio with your own natural gas grill on it, custom closet organizers throughout the unit, hardwood flooring in the main area, stone countertops, gas stove, plenty
Interested in learning more about homes in this area?
Reach out to
Barbara Brin,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
4,443
Median Age
40
Population Density
20 ppl/acre
Population under 18
16.5%
Below the national average
23.8%
Population over 65
15.8%
On par with the national average
19.1%
Finances
Median Household Income
$152,980
Significantly above the national average
$71,702
Average Household Income
$176,178
Education and Workforce
High School Graduates
98.4%
College Graduates
80.6%
Significantly above the national average
34.1%
Advanced Degrees
37.7%
Above the national average
13.3%
% Population in Labor Force
66.2%
Weather
Annual Precipitation
31''
Average Winter Low Temperature
9°F
Average Summer High Temperature
83°F
Annual Snowfall
60''
Area Factors
Biker's Paradise
Bike Score®
96/ 100
Very Walkable
Walk Score®
88/ 100
Excellent Transit
Transit Score®
83/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
