This property has great cash flow. Many updates have been made, including; separate elec, new kitchen countertps, cabinets, tile flrs, water heaters, and new upper unit living rm. Heat also sep. Tenants pay for heat & elec. Nice hardwood flrs through-out.
Sold for $350,000
Street View
$350,000
2938 Park Ave, Minneapolis, MN 55407
5beds
2baths
3,486sqft
MultiFamily
Built in 1905
-- sqft lot
$378,900 Zestimate®
$100/sqft
$2,092 Estimated rent
Home value
$378,900
$356,000 - $402,000
$2,092/mo
Zestimate® history
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$2,199/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Other, Other
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,486 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco
Lot
- Size: 5,227 sqft
Details
- Parcel number: 3502924330148
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1905
Community & neighborhood
Location
- Region: Minneapolis
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2024 | Sold | $350,000+89.2%$100/sqft |
Source: Public Record Report a problem | ||
| 7/12/2016 | Sold | $185,000+110.5%$53/sqft |
Source: Public Record Report a problem | ||
| 10/19/2009 | Sold | $87,900-44.2%$25/sqft |
Source: Public Record Report a problem | ||
| 6/14/2009 | Price change | $157,500-4.5%$45/sqft |
Source: RE/MAX Results Inc #3689589 Report a problem | ||
| 5/24/2009 | Price change | $165,000-15.4%$47/sqft |
Source: RE/MAX Results Inc #3689589 Report a problem | ||
| 5/3/2009 | Listed for sale | $195,000-33.9%$56/sqft |
Source: RE/MAX Results Inc #3689589 Report a problem | ||
| 8/30/2007 | Sold | $295,000-1.7%$85/sqft |
Source: Public Record Report a problem | ||
| 8/31/2005 | Sold | $300,000+20%$86/sqft |
Source: Public Record Report a problem | ||
| 12/8/2003 | Sold | $250,000+257.1%$72/sqft |
Source: Public Record Report a problem | ||
| 7/6/1998 | Sold | $70,000$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,070 -10.4% | $263,300 -9.8% |
| 2024 | $4,543 +4.5% | $292,000 +2.8% |
| 2023 | $4,347 +0.7% | $284,000 +5.2% |
| 2022 | $4,315 +7.8% | $270,000 +6.3% |
| 2021 | $4,003 -7.6% | $254,000 +3.7% |
| 2020 | $4,331 +8.2% | $245,000 |
| 2019 | $4,003 -7.6% | $245,000 +15% |
| 2018 | $4,331 +31.9% | $213,000 +31.1% |
| 2017 | $3,283 +7.8% | $162,500 |
| 2016 | $3,045 -3.1% | $162,500 +12.8% |
| 2015 | $3,142 +0.9% | $144,000 +6.3% |
| 2014 | $3,113 +9% | $135,500 +4.2% |
| 2013 | $2,855 +0.4% | $130,000 -2.3% |
| 2012 | $2,843 -6.7% | $133,000 -5% |
| 2011 | $3,046 -17.3% | $140,000 -32.4% |
| 2010 | $3,684 -19.7% | $207,000 -15% |
| 2009 | $4,589 +108.7% | $243,500 +50.9% |
| 2006 | $2,199 +36.2% | $161,400 +29% |
| 2005 | $1,615 +30.7% | $125,100 +32.1% |
| 2004 | $1,236 +33.9% | $94,700 +25.9% |
| 2002 | $923 -45.5% | $75,200 |
| 2001 | $1,693 | -- |
Find assessor info on the county website
Neighborhood: Phillips West
Nearby schools
GreatSchools rating
- NAAndersen CommunityGrades: PK-8Distance: 0.5 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.1 mi
- 2/10Whittier InternationalGrades: PK-5Distance: 1 mi
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Estimated market value
$378,900
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
$378,900



