Beautifully cared for and full of character, this Longfellow triplex is an exceptional opportunity for both owner-occupants and investors. The first and second units each offer 2 bedrooms and 1 full bath, complemented by hardwood floors, relaxing sunrooms, rich woodwork, and classic built-in buffets. The third-floor unit features 1 bedroom and 1 full bath, hardwood floors, an updated kitchen, and a cozy electric fireplace. A detached 3-car garage with individual doors enhances functionality and rental value. The property also includes a welcoming fenced backyard with patio area, and an expansive basement with ample storage, a newer premium, on-demand water heater and new boiler, and shared laundry facilities. All new insulated glass storms on wood finished windows and many new Andersen double-hung windows. Ideally situated near the river, miles of trails, local dining and shopping, and several colleges, this triplex blends convenience, charm, and long-term potential.
Closed
$550,000
2916 38th Ave S, Minneapolis, MN 55406
5beds
3baths
3,009sqft
Triplex
Built in 1916
-- sqft lot
$550,800 Zestimate®
$183/sqft
$2,075 Estimated rent
Home value
$550,800
$512,000 - $595,000
$2,075/mo
Zestimate® history
Owner options
List your home for rent
$2,075/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,075/mo
Rent Zestimate®
Refinance and save
$3,455/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,455/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 startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Laurie M Allen 612-280-8889,
Coldwell Banker Realty - Lakes
Bought with:
Eric Christopher Beise
Wits Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7029389
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Boiler
Appliances
- Laundry: In Basement, Gas Dryer Hookup, Sink, Washer Hookup
Features
- Basement: Full,Storage Space,Sump Pump,Unfinished
Interior area
- Total structure area: 3,009
- Total interior livable area: 3,009 sqft
- Finished area above ground: 3,009
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Assigned, Detached Garage, Asphalt, Electric
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
- Patio & porch: Patio
- Pool features: None
- Fencing: Chain Link,Full
Lot
- Size: 5,227 sqft
- Dimensions: 40 x 128
- Features: Near Public Transit, Tree Coverage - Medium
Details
- Foundation area: 1008
- Parcel number: 3102923340089
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1916
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Nesbitts Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $550,000+7.9%$183/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7029389 Report a problem | ||
| 3/12/2026 | Pending sale | $509,900$169/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7029389 Report a problem | ||
| 3/9/2026 | Listing removed | $509,900$169/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7029389 Report a problem | ||
| 3/4/2026 | Listed for sale | $509,900+121.7%$169/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7029389 Report a problem | ||
| 8/30/2013 | Sold | $230,000$76/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2070538 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,093 +10.5% | $381,600 +1.5% |
| 2024 | $6,419 +3.6% | $376,000 -2.6% |
| 2023 | $6,194 +7.4% | $386,000 +4.6% |
| 2022 | $5,765 +8.4% | $369,000 +13.9% |
| 2021 | $5,318 -2.6% | $324,000 +4.9% |
| 2020 | $5,462 +2.7% | $309,000 |
| 2019 | $5,318 -2.6% | $309,000 +10% |
| 2018 | $5,462 +17.7% | $281,000 +17.1% |
| 2017 | $4,640 +3.2% | $240,000 +13.5% |
| 2016 | $4,498 +10% | $211,500 +10.7% |
| 2015 | $4,090 +5.5% | $191,000 +15.1% |
| 2014 | $3,876 +6.3% | $166,000 |
| 2013 | $3,646 -12.8% | $166,000 -15.1% |
| 2012 | $4,179 -10.9% | $195,500 -15% |
| 2011 | $4,689 -7.5% | $230,000 -19.3% |
| 2010 | $5,072 -1.1% | $285,000 |
| 2009 | $5,129 +33.6% | $285,000 +29.5% |
| 2006 | $3,839 +11.7% | $220,100 +17.8% |
| 2005 | $3,436 +18.4% | $186,800 +27.2% |
| 2004 | $2,903 +20.7% | $146,800 +22.7% |
| 2002 | $2,404 -50.3% | $119,600 |
| 2001 | $4,839 | -- |
Find assessor info on the county website
Neighborhood: Longfellow
Nearby schools
GreatSchools rating
- 1/10Anishinabe AcademyGrades: PK-5Distance: 0.5 mi
- NAAndersen CommunityGrades: PK-8Distance: 2 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$550,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$550,800
- Minnesota
- Hennepin County
- Minneapolis
- 55406
- Longfellow
- 2916 38th Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
