Fantastic cash flow opportunity for investors! This well-maintained duplex features two spacious units, each offering 2 bedrooms, 2 bathrooms, and its own set of appliances, including a washer and dryer. Hardwood floors add warmth and charm, while the newly updated kitchen cabinets and countertops provide a fresh, modern touch. With separate utilities and a desirable layout, this property is perfect for generating steady rental income. Don’t miss out on this prime investment!
Closed
$360,000
3901 Thomas Ave N, Minneapolis, MN 55412
4beds
4baths
2,656sqft
Duplex Side by Side
Built in 1946
-- sqft lot
$361,500 Zestimate®
$136/sqft
$1,681 Estimated rent
Home value
$361,500
$333,000 - $394,000
$1,681/mo
Zestimate® history
Owner options
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$1,681/mo
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$1,681/mo
Rent Zestimate®
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$2,262/mo
Est. payment
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$2,262/mo
Est. payment
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Hardwood floorsWasher and dryerNewly updated kitchen cabinetsSpacious units
Zillow last checked:
Listing updated:
Listed by:
Cody Emmans 763-670-5098,
eXp Realty
Bought with:
Andrew Nguyen
LPT Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6699233
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement
Features
- Basement: Egress Window(s),Finished,Full
Interior area
- Total structure area: 2,656
- Total interior livable area: 2,656 sqft
- Finished area above ground: 1,356
- Finished area below ground: 1,200
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Pool features: None
- Fencing: Chain Link,Full,Wood
Lot
- Size: 5,227 sqft
- Dimensions: 40.00 x 126.40
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1356
- Parcel number: 0502924420124
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Side by Side
Condition
- New construction: No
- Year built: 1946
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Thorpe Bros William Penn Add
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2025 | Listing removed | $2,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/3/2025 | Listed for rent | $2,000+101%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Sold | $360,000$136/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6699233 Report a problem | ||
| 5/6/2025 | Pending sale | $360,000$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699233 Report a problem | ||
| 4/8/2025 | Listed for sale | $360,000-1.4%$136/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699233 Report a problem | ||
| 4/7/2025 | Listing removed | $365,000$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657447 Report a problem | ||
| 2/27/2025 | Listed for sale | $365,000+2.8%$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657447 Report a problem | ||
| 6/30/2023 | Sold | $355,000+2.9%$134/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6371750 Report a problem | ||
| 5/18/2023 | Pending sale | $345,000+260.5%$130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6371750 Report a problem | ||
| 7/18/2013 | Listing removed | $995 |
Source: Home Referral Network Report a problem | ||
| 6/15/2013 | Price change | $995-7.4% |
Source: Home Referral Network Report a problem | ||
| 6/7/2013 | Price change | $1,075+4.9% |
Source: Home Referral Network Report a problem | ||
| 6/3/2013 | Listed for rent | $1,025+14.5% |
Source: Home Referral Network Report a problem | ||
| 6/26/2012 | Listing removed | $895 |
Source: Owner Report a problem | ||
| 5/3/2012 | Listed for rent | $895 |
Source: Owner Report a problem | ||
| 12/15/2011 | Sold | $95,700-12.9%$36/sqft |
Source: Public Record Report a problem | ||
| 8/13/2011 | Price change | $109,900-4.4%$41/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4051631 Report a problem | ||
| 5/29/2011 | Price change | $114,900-11.5%$43/sqft |
Source: Coldwell Banker Burnet - Minneapolis Lakes #4051631 Report a problem | ||
| 4/30/2011 | Price change | $129,900-3.7%$49/sqft |
Source: Camden Homes Realty Inc. #3985711 Report a problem | ||
| 11/2/2010 | Listed for sale | $134,900$51/sqft |
Source: RealEstateHomepages.com #3985711 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,929 +15.5% | $332,800 +16.8% |
| 2024 | $3,403 -2.9% | $285,000 +4% |
| 2023 | $3,506 +14.5% | $274,000 -2.1% |
| 2022 | $3,063 +0.9% | $280,000 +18.1% |
| 2021 | $3,035 +13.6% | $237,000 +2.2% |
| 2020 | $2,671 -12% | $232,000 +19.9% |
| 2019 | $3,035 +13.6% | $193,500 +12.8% |
| 2018 | $2,671 +35.5% | $171,500 +37.2% |
| 2017 | $1,972 +14.9% | $125,000 +15.2% |
| 2016 | $1,716 +28.7% | $108,500 +13.6% |
| 2015 | $1,333 +14% | $95,500 +4.9% |
| 2014 | $1,170 -7.1% | $91,000 -5.2% |
| 2013 | $1,260 -11.6% | $96,000 -9.9% |
| 2012 | $1,425 -21.8% | $106,500 -11.3% |
| 2011 | $1,822 +7.8% | $120,000 -6.3% |
| 2010 | $1,691 -31.3% | $128,000 -30.1% |
| 2009 | $2,460 +35.6% | $183,000 +24.8% |
| 2006 | $1,815 +12.1% | $146,600 +15% |
| 2005 | $1,619 +13.2% | $127,500 +18.2% |
| 2004 | $1,430 +14.7% | $107,900 +12.6% |
| 2002 | $1,247 -51.4% | $95,800 |
| 2001 | $2,563 | -- |
Find assessor info on the county website
Neighborhood: Victory
Nearby schools
GreatSchools rating
- 3/10Loring Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$361,500
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
$361,500
- Minnesota
- Hennepin County
- Minneapolis
- 55412
- Victory
- 3901 Thomas Ave N
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