A great investment opportunity located steps away from Lake Street. This building features 3 individual dwelling units with front and back ingress/egress; Unit 1 (1st floor) features 4 bedrooms, 1 full bathroom, and spacious kitchen/living area; Unit 2 (2nd floor) features 4 bedrooms, 1 full bathroom, and a spacious kitchen/living area; Unit 3 (3rd Floor) features 2 bedrooms, 3/4 bathroom, and smaller kitchen/living area. The building also features a large unfinished basement that provides communal storage for all units. The location of the property is blocks away from American Swedish Institute, downtown Minneapolis and Highway 35W.
Closed
$470,000
2946 Park Ave, Minneapolis, MN 55407
10beds
3baths
3,554sqft
Triplex
Built in 1900
-- sqft lot
$471,000 Zestimate®
$132/sqft
$2,184 Estimated rent
Home value
$471,000
$433,000 - $513,000
$2,184/mo
Zestimate® history
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$2,953/mo
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Zillow last checked:
Listing updated:
Listed by:
Carlos Bunay 612-245-5092,
National Realty Guild
Bought with:
Edith Del Moral
National Realty Guild
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6770304
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 3
Heating
- Forced Air
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 3,554
- Total interior livable area: 3,554 sqft
- Finished area above ground: 3,554
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
- Details: Garage Dimensions (25x20)
Accessibility
- Accessibility features: None
Features
- Levels: More Than 2 Stories
Lot
- Size: 4,791 sqft
- Dimensions: 41 x 118
Details
- Foundation area: 1350
- Parcel number: 3502924330150
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Wood & Smith Sub Lt 1 Emersons Add
Price history
| Date | Event | Price |
|---|---|---|
| 9/19/2025 | Sold | $470,000-1%$132/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6770304 Report a problem | ||
| 8/20/2025 | Pending sale | $474,900$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6770304 Report a problem | ||
| 8/13/2025 | Listed for sale | $474,900+9.9%$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6770304 Report a problem | ||
| 1/23/2023 | Sold | $432,250+1.7%$122/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6317225 Report a problem | ||
| 12/30/2022 | Pending sale | $425,000$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6317225 Report a problem | ||
| 12/27/2022 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6317225 Report a problem | ||
| 12/15/2022 | Listed for sale | $425,000+84.4%$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6317225 Report a problem | ||
| 1/10/2018 | Listing removed | $1,350-15.6% |
Source: Elbrus Management Report a problem | ||
| 11/21/2017 | Listed for rent | $1,600+6.7% |
Source: Elbrus Management Report a problem | ||
| 4/12/2017 | Listing removed | $1,500 |
Source: Elbrus Management Report a problem | ||
| 3/15/2017 | Price change | $1,500+76.5% |
Source: Elbrus Management Report a problem | ||
| 2/15/2017 | Listed for rent | $850 |
Source: Elbrus Management Report a problem | ||
| 11/28/2015 | Listing removed | $850 |
Source: Elbrus Management Report a problem | ||
| 10/15/2015 | Listed for rent | $850 |
Source: Elbrus Management Report a problem | ||
| 9/4/2015 | Sold | $230,421+59.3%$65/sqft |
Source: Agent Provided Report a problem | ||
| 5/9/2013 | Sold | $144,617-3.5%$41/sqft |
Source: Public Record Report a problem | ||
| 2/13/2013 | Price change | $149,900-14.3%$42/sqft |
Source: Greater Midwest Realty #4324328 Report a problem | ||
| 2/3/2013 | Price change | $174,900-10.7%$49/sqft |
Source: Greater Midwest Realty #4324328 Report a problem | ||
| 12/21/2012 | Listed for sale | $195,900-43.5%$55/sqft |
Source: Greater Midwest Realty #4324328 Report a problem | ||
| 3/9/2006 | Sold | $347,000+8.4%$98/sqft |
Source: Public Record Report a problem | ||
| 2/7/2003 | Sold | $320,000+17.6%$90/sqft |
Source: Public Record Report a problem | ||
| 10/31/2001 | Sold | $272,000+1411.1%$77/sqft |
Source: Public Record Report a problem | ||
| 4/6/2001 | Sold | $18,000-80%$5/sqft |
Source: Public Record Report a problem | ||
| 6/27/2000 | Sold | $90,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,356 -10% | $377,600 +1.5% |
| 2024 | $5,950 -0.6% | $372,000 |
| 2023 | $5,989 +4% | $372,000 |
| 2022 | $5,759 +9.3% | $372,000 +9.7% |
| 2021 | $5,268 -4.8% | $339,000 +5.1% |
| 2020 | $5,533 +5% | $322,500 +3% |
| 2019 | $5,268 -4.8% | $313,000 +10% |
| 2018 | $5,533 +27.3% | $284,500 +26.2% |
| 2017 | $4,346 +2.8% | $225,500 +7.9% |
| 2016 | $4,227 +4.6% | $209,000 +15.2% |
| 2015 | $4,042 +9.7% | $181,500 +7.4% |
| 2014 | $3,683 -5.8% | $169,000 -5.1% |
| 2013 | $3,909 -10.7% | $178,000 -10.1% |
| 2012 | $4,376 -7.9% | $198,000 -15% |
| 2011 | $4,751 +1.5% | $233,000 -11.4% |
| 2010 | $4,681 -16% | $263,000 -15% |
| 2009 | $5,569 +26.4% | $309,500 +23.4% |
| 2006 | $4,404 +5.2% | $250,900 +17.4% |
| 2005 | $4,187 +64.8% | $213,800 +66.4% |
| 2004 | $2,541 +11.6% | $128,500 +13.5% |
| 2002 | $2,276 -3.2% | $113,200 |
| 2001 | $2,351 | -- |
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
$471,000
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Estimated market value
$471,000
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