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Nicollet Island

Nicollet Island

Neighborhood in Minneapolis, Minnesota

Hennepin County 55401, 55413, 55414

$543,754 Average Value
$340 Average Price per Sq Ft
13 Homes For Sale

The St. Anthony Main neighborhood of Minneapolis is a well-established neighborhood that is a true societal melting pot in an urban setting. Situated as it is directly across the bridge from Nicollet Island, it’s not uncommon to see students from DeLaSalle High School on the island having lunch in the neighborhood next to young professionals sitting across from retirees. “There is such a great mix of people in the neighborhood,” says Michael Peterson, owner of Drive Results Realty, who has represented real estate transactions in the neighborhood for 15 years. “It’s a mix of ages, races, income levels, everything. And everyone in the neighborhood loves that about the area. They love the diversity.” And despite its urban nature, St. Anthony Main provides ample opportunity for pedestrians to travel around safely, thanks to plenty of sidewalks. “It’s a very walkable neighborhood,” says Peterson. “It’s well-lit and it’s safe, so you feel comfortable walking your dog at 10:00 at night.” And because the neighborhood is bounded by both First Avenue and Central Avenue, the location affords easy access to downtown Minneapolis, which is less than 2 miles away. For those without their own car, several METRO Bus Rapid Transit stops are located throughout the neighborhood, and there are also two METRO light rail stops nearby.

Homes in Nicollet Island are exclusively row house-style, meaning they are either condominiums or townhouses. While there is some variation within those descriptors – for instance, some of the more high-end townhouses are brownstones – there are no traditional single-family homes. The median price of real estate in the neighborhood is $509,000, and buyers should expect to pay an average of $334 per square foot. A studio condominium with one bathroom can sell for around $112,000, and prices can go up to $1.6 million for a three-bedroom/four-bathroom four-floor brownstone townhouse.

The neighborhood is zoned for the Minneapolis Public School District, which earns an overall rating of B on Niche. Students in the Nicollet Island neighborhood can attend Webster Elementary, Northeast Middle and Thomas Edison High School. All three schools earn a C-plus rating on Niche. Students at Edison High School can participate in any of 14 school-sponsored clubs, and they have the opportunity to play any of 27 varsity-level sports. Alternatively, parents can avail themselves of area private schools, including the International School of Minnesota, rated the best private school in the state by Niche.

Nearby Holmes Park offers neighborhood residents an outdoor recreation space. With a playground, basketball court, tennis court and picnic area, the park is a favorite with locals seeking a respite from their busy days or a place to spend some downtime on the weekends. Just across the Central Avenue Bridge are both Target Field and U.S. Bank Stadium, so residents of the neighborhood can easily get to both Twins and Vikings games, not to mention all of the recreational and cultural opportunities afforded by downtown Minneapolis, including museums, theaters and shopping, as well as the Hennepin County Medical Center, which is just over 2 miles from the neighborhood.

When it’s time to stock up on groceries, Whole Foods and Trader Joe’s are both within a couple of minutes’ drive of the neighborhood, located across the Central Avenue Bridge, and Target is 2 minutes away down University Avenue for all of those home necessities. What really brings non-residents of the neighborhood to St. Anthony Main is the restaurants in the area. “One of the things I love about dining out in the neighborhood is that the restaurant scene is amazing, but it’s also always changing. It seems like there’s a new place every time I go, and I tell people that my favorite restaurant in the neighborhood is whatever is new,” says Peterson. Two of Peterson’s current favorites are Greek fare from Gardens of Salonica and Asian cuisine at Gorkha Palace. But there is a restaurant for virtually every taste and budget in the neighborhood and, just in case, other world-class options are just down the road in downtown Minneapolis.

Andrew Spencer
Written By
Andrew Spencer
Sienna Lee
Photography Contributed By
Sienna Lee
Tyler Hall
Video By
Tyler Hall

Agents Specializing in this Area

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Schools

Source:
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 Christian Klempp, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Minneapolis-St Paul International/Wold-Chamberlain

22 min drive

Bus

Hennepin Ave E & De Lasalle Dr

Bus

University Ave SE & Central Ave

Bus

University Ave NE & 1st Ave NE

Bus

1st Ave NE & 4th St NE

Bus

Hennepin Ave E & 2nd St NE (Ortman)

Bus

1st Ave NE & 2nd St NE

Bus

1st Ave NE & 5th St NE

Crime and Safety

1 - Low Crime, 10 - High Crime Nicollet Island US
Homicide 3 4
Sexual Assault 4 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 6 4
Motor Vehicle Theft 6 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$500,000
Median Single Family Price
$775,000
Median Townhouse Price
$352,000
Average Price Per Sq Ft
$340
Number of Homes for Sale
13
Last 12 months Home Sales
57
Months of Supply
2.70
Median List Price
$500,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
28%

Home Facts

Number of Homes in Neighborhood
746
Median Year Built
1986
Avg. Single Family Home Size Sq Ft
1,567
Below the national average
1,935
Average Townhouse Size Sq Ft
2,620
Average 2 Bedroom Size Sq Ft
1,431
Average 1 Bedroom Size Sq Ft
933
Average Studio Size Sq Ft
491
Median Lot Size Sq Ft
13,068

Open Houses

  • Sunday, Apr 27
    1 - 3pm

    101 Main St NE Unit 2, Minneapolis, MN 55413

    $1,575,000

    • 3 Beds
    • 4 Baths
    • 3,146 Sq Ft
    • 101 Main St NE
    • Unit 2
    • New 12 days ago

    A rare opportunity to own one of only 12 custom-built luxury brownstones overlooking the Mississippi River and with stunning unobstructed views of the downtown skyline. It is ideally located in one of the city's most popular neighborhoods known for its walkability, riverfront access, boutique shops, and award-winning restaurants. Features include 3 bedrooms up, 3 heated underground parking

    Scott Parkin Verve Realty

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Christian Klempp, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
3,509
Median Age
39
Population Density
28 ppl/acre
Population under 18
11.5%
Below the national average
23.8%
Population over 65
19.4%
On par with the national average
19.1%

Finances

Median Household Income
$99,504
Significantly above the national average
$71,702
Average Household Income
$134,369

Education and Workforce

High School Graduates
99.6%
College Graduates
77.6%
Significantly above the national average
34.1%
Advanced Degrees
44.1%
Significantly above the national average
13.3%
% Population in Labor Force
71.2%

Weather

Annual Precipitation
31''
Average Winter Low Temperature
9°F
Average Summer High Temperature
83°F
Annual Snowfall
60''

Area Factors

Very Bikeable

Bike Score®

85 / 100

Walker's Paradise

Walk Score®

94 / 100

Excellent Transit

Transit Score®

71 / 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.

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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.
NEIGHBORHOOD
Nicollet Island