Active

$339,900

3824 Thomas Ave N, Minneapolis, MN 55412

6beds

2baths

2,000sqft

$2,229/mo

Get pre-qualified

Duplex Up and Down

Built in 1965

-- sqft lot

$339,400 Zestimate^®

$170/sqft

$-- HOA

What's special

Welcome to this well-maintained duplex in the desirable Victory neighborhood! The main-level and upper-level units offer nearly identical layouts and features, with the added benefit of a partial basement designated for the private use of the main-level unit. This property is an excellent opportunity for an owner-occupant looking to offset their housing costs with rental income from the second unit, or for an investor seeking a solid two-unit property. With two similar units and a convenient neighborhood location, this duplex offers flexibility, functionality, and long-term potential. UPPER UNIT ONLY FOR FIRST SHOWING!

52 days
127
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2

Heating

Forced Air

Appliances

Laundry: In Basement, Common Area, Gas Dryer Hookup, Coin-op Laundry Owned

Features

Basement: Block,Finished,Partially Finished,Single Tenant Access,Storage Space,Unfinished

Interior area

Total structure area: 3,136
Total interior livable area: 2,000 sqft
Finished area above ground: 1,800
Finished area below ground: 200

Property

Parking

Total spaces: 2
Parking features: Detached Garage, Asphalt, Electric, Garage Door Opener, Storage
Garage spaces: 2
Has uncovered spaces: Yes
Details: Garage Dimensions (22x22), Garage Door Height (7), Garage Door Width (16)

Accessibility

Accessibility features: None

Features

Levels: Two
Pool features: None
Fencing: Privacy,Wood

Lot

Size: 5,227 Square Feet
Dimensions: 40 x 126 x 40 x 126
Features: Near Public Transit

Details

Foundation area: 1024
Parcel number: 0502924410139
Zoning description: Residential-Multi-Family,Residential-Single Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex Up and Down

Materials

Block
Roof: Age Over 8 Years,Architectural Shingle,Pitched

Condition

New construction: No
Year built: 1965

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 & HOA

Community

Subdivision: Thorpe Bros William Penn Add

HOA

Amenities included: Coin-op Laundry Owned

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $170/sqft
Tax assessed value: $374,200
Annual tax amount: $7,402
Date on market: 9/18/2026
Tenant pays: Cable TV, Electricity, Gas, Heat, Hot Water, Grounds Care, Telephone, Snow Removal
Road surface type: Paved

Estimated market value

$339,400

$322,000 - $356,000

$1,840/mo

Price history

Date	Event	Price
9/23/2026	Listed for sale	$339,900$170/sqft
Source: NorthstarMLS as distributed by MLS GRID #7146922 Report a problem
4/22/2014	Listing removed	$1,000$1/sqft
Source: TLC Hardon Properties, LLC. Report a problem
9/26/2013	Listed for rent	$1,000+5.3%$1/sqft
Source: TLC Hardon Properties, LLC. Report a problem
5/18/2012	Listing removed	$950
Source: TLC Hardon Properties, LLC. Report a problem
3/22/2012	Listed for rent	$950
Source: TLC Hardon Properties, LLC. Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$7,402 +25%	$374,200 -4.9%
2025	$5,919 +17.3%	$393,400 +20.3%
2024	$5,048 +4.6%	$327,000 +2.8%
2023	$4,827 -0.6%	$318,000 +5%
2022	$4,855 +19.3%	$303,000 +5.2%
2021	$4,069 -6.7%	$288,000 +15.2%
2020	$4,361 +7.2%	$250,000 +0.4%
2019	$4,069 -6.7%	$249,000 +9.9%
2018	$4,361 +26.3%	$226,500 +36.9%
2017	$3,453 +12.5%	$165,500 +14.9%
2016	$3,068 +11.5%	$144,000 +15.2%
2015	$2,752 +9.8%	$125,000 +5%
2014	$2,505 -14%	$119,000 -5.2%
2013	$2,914 -11.9%	$125,500 -14.9%
2012	$3,308 -9%	$147,500 -13.2%
2011	$3,635 +8.3%	$170,000 -5%
2010	$3,357 -32.8%	$179,000 -30.1%
2009	$4,997 +32.1%	$256,000 +34.8%
2006	$3,782 +7.9%	$189,900 +16.2%
2005	$3,507 +87.8%	$163,400 +21.8%
2004	$1,867 +19%	$134,100 +16.7%
2002	$1,569 -53%	$114,900
2001	$3,338	--