Skip main navigation
Off market
  • Tax assessed value
    $581,600

    2501 Emerson Ave S, Minneapolis, MN 55405

    7beds
    2,900sqft
    MultiFamily
    Built in 1905
    -- sqft lot
    $-- Zestimate®
    $201/sqft
    $2,360 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,360/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,360/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,360/mo

    Rent Zestimate®

    Refinance and save

    $3,691/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,691/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    One-car garageTwo-car garageLaundry in unitThree uncovered driveway spaces

    Price drop! Assumable FHA loan with approximately $560,000 balance at 2.99%! A great opportunity to own a multi-family property in the Lowry Hill East / Wedge neighborhood. Great proximity to the lakes, Uptown, Downtown, 94 and 35W. Just a block from Spyhouse / Kowalskis / other restaurants on Hennepin. Unit 3: Rented month to month on Airbnb and Furnished Finder. Usually rented with high occupancy for $1700 - $1800 per month. Unit 2: Oversized 1BD/1BA, can also live as small 2BD/1BA. Most recently rented for $1,300 ending June 2026. Previously rented for $1,500 2021-2025. Unit 1: 4BD/2BA, basement remodel / addition in 2021, rented for $2,450. Laundry in unit for this unit only. Six total off-street parking spaces: a one-car garage, a two-car garage and three uncovered driveway spaces. Opportunity to add value through cosmetic renovations to kitchens and bathrooms.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Forced air
    Features
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,900 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage - Detached
    Features
    • Exterior features: Other
    Lot
    • Size: 6,534 sqft
    • Topography: Level
    Details
    • Parcel number: 3302924130038
    • Zoning: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Wood
    • Roof: Asphalt
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis

    Other

    Other facts
    • GarageDescription: Detached Garage
    • Exterior: Other
    • CONSTRUCTIONSTATUS: Previously Owned
    • Fuel: Electric
    • HeatingDescription: Baseboard
    • PresentUse: Yearly
    • Sewer: City Sewer/Connected
    • Status: Active
    • Water: City Water/Connected
    • Roof: Asphalt Shingles, Age Over 8 Years
    • Zoning: Residential-Multi-Family
    • FrontageFeet: Curbs, Paved Streets, City, Sidewalks, Street Lights
    • Basement: Unfinished
    • Style: (MF) Triplex
    • Topography: Level
    • TaxYear: 2020.00
    • LotSizeUnits: Acres
    • PowerCompanyName: Xcel Energy

    Price history

    DateEventPrice
    6/28/2026Listing removed--
    Source: Owner Report a problem
    6/8/2026Listed for sale$565,000-5%$195/sqft
    Source: Owner Report a problem
    3/1/2026Listing removed--
    Source: Owner Report a problem
    12/7/2025Price change$595,000-3.2%$205/sqft
    Source: Owner Report a problem
    10/31/2025Price change$614,9000%$212/sqft
    Source: Owner Report a problem
    8/22/2025Price change$615,000-2.4%$212/sqft
    Source: Owner Report a problem
    7/21/2025Price change$630,000-2.3%$217/sqft
    Source: Owner Report a problem
    6/21/2025Listed for sale$645,000+25.2%$222/sqft
    Source: Owner Report a problem
    12/8/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    10/21/2021Sold$515,000$178/sqft
    Source: Public Record Report a problem
    6/3/2021Sold$515,000+0%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    4/23/2021Pending sale$514,900$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    3/20/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    3/17/2021Price change$514,900-1.9%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    3/8/2021Listed for sale$524,900$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    3/1/2021Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    1/30/2021Price change$524,900-2.8%$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5650247 Report a problem
    9/28/2020Price change$539,900-6.1%$186/sqft
    Source: Verde Real Estate Group #5650247 Report a problem
    9/9/2020Price change$574,900-4.2%$198/sqft
    Source: Verde Real Estate Group #5650247 Report a problem
    9/3/2020Listed for sale$599,900+274.9%$207/sqft
    Source: Verde Real Estate Group #5650247 Report a problem
    9/5/2014Listing removed$925
    Source: EIG Property Management Report a problem
    7/24/2014Listed for rent$925
    Source: EIG Property Management Report a problem
    12/1/1998Sold$160,000$55/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,794 +13.7%$581,600 +1.5%
    2024$7,736 -3.4%$573,000
    2023$8,008 +2.7%$573,000 +0.4%
    2022$7,796 -13.5%$571,000 +4.3%
    2021$9,018 -5.2%$547,500
    2020$9,515 +5.5%$547,500 +6%
    2019$9,018 -5.2%$516,500 +10%
    2018$9,515 +21.5%$469,500 +15.4%
    2017$7,828 -0.3%$407,000 +20.1%
    2016$7,855 +15.9%$339,000 +9%
    2015$6,780 +3.8%$311,000 +15%
    2014$6,534 +2.9%$270,500
    2013$6,348 -2.8%$270,500 -8%
    2012$6,527 -7.3%$294,000 -11.7%
    2011$7,042 +2.7%$333,000 -10%
    2010$6,856 -1.1%$370,000
    2009$6,935 +42.1%$370,000 +3.3%
    2006$4,880 +6.6%$358,300 +15%
    2005$4,578 +8.6%$311,600 +15%
    2004$4,215 +11%$271,000 +12%
    2002$3,797 -48.6%$242,000
    2001$7,388 --

    Find assessor info on the county website

    Neighborhood: Lowry Hill East

    Nearby schools

    GreatSchools rating
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.