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  • $680,000

    1537 E 38th St, Minneapolis, MN 55407

    8beds
    4baths
    3,456sqft
    Multi Family
    Built in 1911
    -- sqft lot
    $678,800 Zestimate®
    $197/sqft
    $1,586 Estimated rent

    Home value

    $678,800

    $631,000 - $726,000

    $1,586/mo

    Zestimate® history
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    $4,597/mo

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    What's special

    Prime Investment Opportunity to Flip or Hold. Some Finishing Needed. This Unique Quadplex Offers a Fantastic Opportunity for Both Investors and Owner-Occupants Alike with One Unit Move-In Ready & A Second Unit at 90% Completion. The Additional Two Units Are a Blank Slate Waiting for Your Finishing Touches. It is Situated on a Double Lot for Ample Off Street Parking or The Space to Build Garages, Boasts New Plumbing, 4 New 75,000 BTU Boilers, 4 New High Capacity Water Heaters, 4 New Pressure Tanks, Updated Water Main Per City Requirement, Updated Electric, 4 Updated Split Meters, New Chimney Liner, Vinyl Windows Throughout (Basement Windows are New) , As An Equity Builder, A Full Un-Finished Basement With 4 Individual Storage Units & Laundry Hook-Ups Available. All Conveniently Located On a Bus Line, Near Parks & The Lakes, Restaurants, Shopping and Easy Access to the Freeway System, This Property is a Must-See!

    Zillow last checked:

    Listing updated:

    Listed by:

    Mindy Stolts 651-303-1018,

    Homes Plus Realty,

    Nicole Stolts 651-755-8967

    Bought with:

    Edith Del Moral

    National Realty Guild

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6639126MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Boiler
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full,Storage/Locker,Unfinished
    Interior area
    • Total structure area: 3,456
    • Total interior livable area: 3,456 sqft
    • Finished area above ground: 864
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot, Open
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    Lot
    • Size: 6,098 Square Feet
    • Features: Near Public Transit
    Details
    • Foundation area: 1728
    • Parcel number: 1102824110068
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Rolled/Hot Mop,Flat
    Condition
    • New construction: No
    • Year built: 1911

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Monroe Bros Sub Of Lts Herrick Haml
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $197/sqft
    • Tax assessed value: $422,000
    • Annual tax amount: $6,306
    • Date on market: 12/30/2024
    • Cumulative days on market: 74 days

    Price history

    DateEventPrice
    9/9/2026Sold$680,000$197/sqft
    Source: Public Record Report a problem
    7/28/2026Price change$680,000-6.2%$197/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7032128 Report a problem
    3/7/2026Listed for sale$725,000+62.9%$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7032128 Report a problem
    3/14/2025Sold$445,000-3.3%$129/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6639126 Report a problem
    3/14/2025Pending sale$460,000$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6639126 Report a problem
    1/29/2025Price change$460,000-2.1%$133/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6639126 Report a problem
    12/30/2024Listed for sale$470,000+95.8%$136/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6639126 Report a problem
    7/31/2023Sold$240,000+77.8%$69/sqft
    Source: Public Record Report a problem
    1/26/2023Sold$135,000+350%$39/sqft
    Source: Public Record Report a problem
    8/14/2012Sold$30,000-40%$9/sqft
    Source: Public Record Report a problem
    8/13/2002Sold$50,000$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,037 -30.5%$422,000 +13.4%
    2025$10,120 +60.5%$372,000
    2024$6,306 -42.1%$372,000 -5.8%
    2023$10,884 -16.1%$395,000
    2022$12,979 +85.1%$395,000 +23.4%
    2021$7,014 +36.3%$320,000
    2020$5,147 -26.6%$320,000 +10%
    2019$7,014 +36.3%$291,000 +11.9%
    2018$5,147 -2%$260,000 -2.1%
    2017$5,254 +5.6%$265,500 +4.9%
    2016$4,975 +1.8%$253,000 +15%
    2015$4,886 +4.5%$220,000
    2014$4,676 +12.6%$220,000 +22.9%
    2013$4,152 +3.4%$179,000 -4.3%
    2012$4,016 +4.7%$187,000
    2011$3,834 -2.7%$187,000 -15%
    2010$3,942 -10.8%$220,000 -10%
    2009$4,420 -6.4%$244,500 -5%
    2006$4,725 +0.5%$257,500 +6.2%
    2005$4,700 -6.4%$242,500
    2004$5,023 $242,500
    Find assessor info on the county website

    Neighborhood: Bancroft

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $678,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $678,800