Welcome to 3912 Thomas Ave! Located in a wonderful corner of North Mpls blocks from Victory & Theodore Wirth Parkway. The 4plex underwent a full renovation in 2020. Quick profitability is possible with flexible owner-occupied, mid-term, or traditional leasing options. In the 4plex you will find original charm and character combined with intentional design. A classic 4 by 4 layout with shared stairwells ensure the units privacy and enjoyment. Unique to this building is a vacant 3bed/2bath with a buildout in the basement to help with a roommate situation or generate more rent from a larger unit. Live in one unit and rent the other units to cover all your living expenses or lease up the building for immediate cashflow. Be sure to check out this wonderful 4plex today! Unit1: 1bed/1bath Unit 2: 3bed/2ba (lower): Unit 3&4 (upper): 2bed/1bath
Closed
$499,000
3912 Thomas Ave N, Minneapolis, MN 55412
9beds
5baths
3,955sqft
Quadruplex
Built in 1922
-- sqft lot
$-- Zestimate®
$126/sqft
$2,500 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,500/mo
Zestimate® history
Owner options
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$3,177/mo
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Zillow last checked:
Listing updated:
Listed by:
Scott Hoefler 773-318-2989,
Side by Side Realty LLC,
Drew Hoefler 612-568-4435
Bought with:
Jeffrey Schemmel
BRIX Real Estate
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6568075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
Heating
- Boiler
Features
- Basement: Partially Finished
Interior area
- Total structure area: 3,955
- Total interior livable area: 3,955 sqft
- Finished area above ground: 3,200
- Finished area below ground: 755
Property
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,227 Square Feet
- Dimensions: 40 x 126
Details
- Foundation area: 1600
- Parcel number: 0502924410119
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Thorpe Bros William Penn Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $441,000
- Annual tax amount: $7,343
- Date on market: 7/12/2024
- Cumulative days on market: 6 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $499,000$126/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6568075 Report a problem | ||
| 7/23/2024 | Pending sale | $499,000$126/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6568075 Report a problem | ||
| 7/17/2024 | Listed for sale | $499,000+46.1%$126/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6568075 Report a problem | ||
| 2/28/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/6/2020 | Listing removed | $1,490 |
Source: Owner Report a problem | ||
| 8/4/2020 | Price change | $1,490+15.5% |
Source: Owner Report a problem | ||
| 7/1/2020 | Listed for rent | $1,290 |
Source: Owner Report a problem | ||
| 1/30/2020 | Sold | $341,500+13.9%$86/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5351537 Report a problem | ||
| 1/12/2020 | Listed for sale | $299,900$76/sqft |
Source: Aldrich Real Estate #5351537 Report a problem | ||
| 1/12/2020 | Pending sale | $299,900$76/sqft |
Source: Aldrich Real Estate #5351537 Report a problem | ||
| 1/3/2020 | Listed for sale | $299,900+50%$76/sqft |
Source: Aldrich Real Estate #5351537 Report a problem | ||
| 7/27/2015 | Sold | $200,000+44.7%$51/sqft |
Source: Public Record Report a problem | ||
| 11/30/2012 | Sold | $138,200-45.8%$35/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1697411 Report a problem | ||
| 5/2/2007 | Sold | $255,000-25%$64/sqft |
Source: Public Record Report a problem | ||
| 8/16/2005 | Sold | $339,900+61.9%$86/sqft |
Source: Public Record Report a problem | ||
| 3/14/2003 | Sold | $210,000+1387.9%$53/sqft |
Source: Public Record Report a problem | ||
| 7/23/1996 | Sold | $14,114$4/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,983 +9.1% | $441,000 |
| 2024 | $7,318 -0.3% | $441,000 -4.3% |
| 2023 | $7,343 +41.4% | $461,000 |
| 2022 | $5,192 +11.9% | $461,000 +49.7% |
| 2021 | $4,639 -2.4% | $308,000 +8.1% |
| 2020 | $4,754 +2.5% | $285,000 +5% |
| 2019 | $4,639 -2.4% | $271,500 +18% |
| 2018 | $4,754 +23.1% | $230,000 +21.1% |
| 2017 | $3,862 +9.6% | $190,000 +11.1% |
| 2016 | $3,522 +7.8% | $171,000 +25.7% |
| 2015 | $3,268 +20% | $136,000 +7.9% |
| 2014 | $2,725 -26.2% | $126,000 -23.6% |
| 2013 | $3,692 -2.2% | $165,000 -4.9% |
| 2012 | $3,774 -16.1% | $173,500 -20% |
| 2011 | $4,500 -7.9% | $217,000 -19.9% |
| 2010 | $4,887 -8.4% | $271,000 -10% |
| 2009 | $5,337 +6.9% | $301,000 +3.4% |
| 2006 | $4,993 +4.5% | $291,000 +10% |
| 2005 | $4,778 +5% | $264,500 |
| 2004 | $4,550 +11.5% | $264,500 +30% |
| 2002 | $4,081 -28.8% | $203,500 |
| 2001 | $5,733 | -- |
Find assessor info on the county website
Neighborhood: Victory
Nearby homes
- $182,9002 bd1 ba770 sqft3912 Thomas Ave N #3, Minneapolis, MN 55412Off Market
- $176,7001 bd1 ba750 sqft3912 Thomas Ave N #1, Minneapolis, MN 55412Off Market
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- $1,9953 bd2 ba1.7k sqft3912 Thomas Ave N APT 2, Minneapolis, MN 55412For Rent
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- $346,4005 bd2 ba2.5k sqft3906 Thomas Ave N, Minneapolis, MN 55412Off Market
Nearby schools
GreatSchools rating
- 3/10Loring Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10Olson Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Henry Senior High SchoolGrades: 9-12Distance: 0.7 mi
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- Minnesota
- Hennepin County
- Minneapolis
- 55412
- Victory
- 3912 Thomas Ave N
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