A rare and well-maintained 1920's classix 4-plex in the heart of South Minneapolis. Overlooking Phelps park, the building blends historic character and charm, with modern amenities. Each unit has 2 bedrooms and 1 full bath and 1 attached garage stall. There is shared laundry in the basement as well as a shared rooftop deck at the rear of the building. storage locker per unit. Seller is ready to pass the torch~ a great opportunity for owner-occupied or investor. See MLS supplements for investment information.
Closed
$625,000
3917 Chicago Ave, Minneapolis, MN 55407
8beds
4baths
4,012sqft
Quadruplex
Built in 1925
-- sqft lot
$627,200 Zestimate®
$156/sqft
$1,864 Estimated rent
Home value
$627,200
$577,000 - $677,000
$1,864/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Margaret T Richards 612-770-6402,
Coldwell Banker Realty - Lakes
Bought with:
Matt P Engen
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6804012
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Boiler, Radiator
Appliances
- Laundry: In Basement, Common Area, Laundry Room, Washer Hookup, Coin-op Laundry Owned
Features
- Basement: Full,Shared Access,Unfinished
Interior area
- Total structure area: 4,012
- Total interior livable area: 4,012 sqft
- Finished area above ground: 4,012
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Attached, Concrete
- Attached garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Pool features: None
Lot
- Size: 6,534 Square Feet
- Dimensions: 53 x 122
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 2703
- Parcel number: 1102824210131
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block
- Roof: Age Over 8 Years,Flat,Rubber
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 100 Amp Service, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Chicago Ave Park
HOA
- Amenities included: Laundry, Coin-op Laundry Owned, Deck
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $156/sqft
- Tax assessed value: $532,000
- Annual tax amount: $9,674
- Date on market: 10/29/2025
- Cumulative days on market: 30 days
- Tenant pays: Cable TV, Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Sold | $625,000$156/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6804012 Report a problem | ||
| 12/4/2025 | Pending sale | $625,000$156/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6804012 Report a problem | ||
| 11/4/2025 | Listed for sale | $625,000+92.3%$156/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6804012 Report a problem | ||
| 5/9/2019 | Listing removed | $1,300 |
Source: Zillow Rental Network Report a problem | ||
| 4/8/2019 | Listed for rent | $1,300 |
Source: Zillow Rental Network Report a problem | ||
| 5/21/2001 | Sold | $325,000+67.5%$81/sqft |
Source: Public Record Report a problem | ||
| 9/29/1999 | Sold | $194,000$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,670 +5% | $532,000 |
| 2024 | $9,212 -3.4% | $532,000 -7.8% |
| 2023 | $9,533 -5.4% | $577,000 -2.7% |
| 2022 | $10,081 +3.8% | $592,900 -0.1% |
| 2021 | $9,707 +1.7% | $593,500 |
| 2020 | $9,542 -1.7% | $593,500 +10% |
| 2019 | $9,707 +1.7% | $539,500 +12% |
| 2018 | $9,542 +27.5% | $481,500 +32.1% |
| 2017 | $7,483 +9.6% | $364,500 +10.2% |
| 2016 | $6,829 +2.6% | $330,700 +14% |
| 2015 | $6,654 +8.3% | $290,000 |
| 2014 | $6,142 -0.1% | $290,000 +8.2% |
| 2013 | $6,149 -7.3% | $268,000 -10.1% |
| 2012 | $6,632 +9.6% | $298,000 |
| 2011 | $6,051 +0.9% | $298,000 -11.8% |
| 2010 | $5,998 -10.9% | $338,000 -10% |
| 2009 | $6,729 -1.7% | $375,500 -5.2% |
| 2006 | $6,847 -2.2% | $396,000 +3.1% |
| 2005 | $7,001 -6.7% | $384,000 |
| 2004 | $7,501 +7.1% | $384,000 +29.9% |
| 2002 | $7,006 -6.1% | $295,500 |
| 2001 | $7,460 | -- |
Find assessor info on the county website
Neighborhood: Bancroft
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Nearby schools
GreatSchools rating
- 6/10Bancroft Elementary SchoolGrades: PK-5Distance: 0.3 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.5 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$627,200
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Estimated market value
$627,200
- Minnesota
- Hennepin County
- Minneapolis
- 55407
- Bancroft
- 3917 Chicago Ave
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