Welcome to 3921 Thomas Ave! Just steps away from the scenic Victory & Theodore Wirth Parkway, this rare 4plex underwent a full renovation in 2020. Immediate 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. To top it all off this 4plex boasts 3 garage stalls perfect for tenant or guest parking. 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!
3921 Thomas Ave N (4plex) across the street will be Coming Soon. Very similar property and owners open to a bundle offer.
See Matterport walkthrough
Unit 1&2 (lower): 1bed/1bath
Unit 2&3 (upper): 2bed/1bath
Closed
$499,000
3921 Thomas Ave N, Minneapolis, MN 55412
6beds
4baths
2,913sqft
Quadruplex
Built in 1928
-- sqft lot
$508,400 Zestimate®
$171/sqft
$1,644 Estimated rent
Home value
$508,400
$483,000 - $534,000
$1,644/mo
Zestimate® history
Owner options
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$1,644/mo
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$1,644/mo
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$3,156/mo
Est. payment
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$3,156/mo
Est. payment
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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:
Brandon Meland
Anderson Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6567994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Hot Water
Appliances
- Laundry: In Basement
Features
- Basement: Unfinished
Interior area
- Total structure area: 2,913
- Total interior livable area: 2,913 sqft
- Finished area above ground: 2,913
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 5,227 Square Feet
- Dimensions: 126 x 40
Details
- Foundation area: 1456
- Parcel number: 0502924420119
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Condition
- New construction: No
- Year built: 1928
Utilities & green energy
- Electric: 150 Amp Service, 200+ Amp Service
- 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: $171/sqft
- Tax assessed value: $335,000
- Annual tax amount: $5,400
- Date on market: 7/11/2024
- Cumulative days on market: 46 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2024 | Sold | $499,000$171/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6567994 Report a problem | ||
| 7/15/2024 | Pending sale | $499,000$171/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6567994 Report a problem | ||
| 7/11/2024 | Listed for sale | $499,000-10.7%$171/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6567994 Report a problem | ||
| 7/11/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6545148 Report a problem | ||
| 6/18/2024 | Price change | $559,000-3.5%$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6545148 Report a problem | ||
| 6/10/2024 | Price change | $579,000-6.5%$199/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6545148 Report a problem | ||
| 6/7/2024 | Price change | $619,000-7.5%$212/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6545148 Report a problem | ||
| 5/30/2024 | Listed for sale | $669,000+91.1%$230/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6545148 Report a problem | ||
| 2/3/2021 | Sold | $350,000$120/sqft |
Source: Public Record Report a problem | ||
| 11/20/2020 | Sold | $350,000-12.5%$120/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5641020 Report a problem | ||
| 9/18/2020 | Price change | $399,900-20%$137/sqft |
Source: NFP Real Estate Services #5641020 Report a problem | ||
| 8/27/2020 | Listed for sale | $499,900+240.8%$172/sqft |
Source: NFP Real Estate Services #5641020 Report a problem | ||
| 8/22/2013 | Sold | $146,700+9.5%$50/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2070485 Report a problem | ||
| 2/14/2012 | Sold | $134,000+17.4%$46/sqft |
Source: Public Record Report a problem | ||
| 5/26/2010 | Sold | $114,188-4%$39/sqft |
Source: Public Record Report a problem | ||
| 9/14/1999 | Sold | $119,000$41/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,064 +15.1% | $335,000 |
| 2024 | $5,270 -2.4% | $335,000 +0.9% |
| 2023 | $5,400 +18.2% | $332,000 -2.1% |
| 2022 | $4,569 +12.1% | $339,000 +25.1% |
| 2021 | $4,077 -2.4% | $271,000 +8.2% |
| 2020 | $4,176 +2.4% | $250,500 +5% |
| 2019 | $4,077 -2.4% | $238,500 +18.1% |
| 2018 | $4,176 +23.2% | $202,000 +21% |
| 2017 | $3,390 +9.5% | $167,000 |
| 2016 | $3,097 -3% | $167,000 +25.1% |
| 2015 | $3,192 +19.3% | $133,500 +10.3% |
| 2014 | $2,675 -5% | $121,000 -6.9% |
| 2013 | $2,816 -41.7% | $130,000 -20.5% |
| 2012 | $4,833 +22.3% | $163,500 -16.6% |
| 2011 | $3,951 +1.3% | $196,000 -6.7% |
| 2010 | $3,901 -41.1% | $210,000 -18.6% |
| 2009 | $6,619 +33% | $258,000 -11% |
| 2006 | $4,976 +4.5% | $290,000 +10.1% |
| 2005 | $4,760 -7% | $263,500 |
| 2004 | $5,120 +7.5% | $263,500 +30.1% |
| 2002 | $4,761 -45.6% | $202,500 |
| 2001 | $8,752 | -- |
Find assessor info on the county website
Neighborhood: Victory
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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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Estimated market value
$508,400
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
$508,400
- Minnesota
- Hennepin County
- Minneapolis
- 55412
- Victory
- 3921 Thomas Ave N
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