Welcome to this meticulously maintained 4-plex multi-family home, a true gem for investors and homeowners alike! Recently updated in May 2024, the property boasts a brand new roof, gutters, downspouts, and window wraps and 4 high efficiency furnaces ensuring peace of mind and curb appeal. Two of the units feature brand new, modern kitchens perfect for today's lifestyle. All units showcase beautifully refinished hardwood floors, adding timeless elegance throughout. With endless updates and impeccable upkeep, this property is move-in ready and poised to provide long-term value. All units include individual storage and W/D in basement. Don't miss this opportunity to own a prime piece of real estate!
Closed
$620,000
4004 42nd Ave S, Minneapolis, MN 55406
4beds
4baths
3,060sqft
Quadruplex
Built in 1956
-- sqft lot
$687,900 Zestimate®
$203/sqft
$2,411 Estimated rent
Home value
$687,900
$633,000 - $750,000
$2,411/mo
Zestimate® history
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$2,411/mo
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$2,411/mo
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$3,974/mo
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$3,974/mo
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Zillow last checked:
Listing updated:
Listed by:
Katie Fears 612-702-6063,
Edina Realty, Inc.,
Jim Leicht 612-239-2740
Bought with:
Ryan Fischer
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6542659
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Forced Air
Appliances
- Laundry: In Basement, Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- Basement: Block,Storage/Locker,Storage Space,Unfinished
Interior area
- Total structure area: 3,060
- Total interior livable area: 3,060 sqft
- Finished area above ground: 3,060
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached Garage, Concrete, Multiple Garages
- Garage spaces: 4
- Details: Garage Dimensions (20x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 9,147 Square Feet
- Dimensions: 71 x 126
Details
- Foundation area: 1530
- Parcel number: 0702823130002
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Block, Frame
- Roof: Age 8 Years or Less,Architectural Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Electric: Circuit Breakers, Service - 60 Amp
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Smith & Howes 1st Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $203/sqft
- Tax assessed value: $467,000
- Annual tax amount: $8,750
- Date on market: 5/30/2024
- Cumulative days on market: 10 days
- Tenant pays: Cable TV, Electricity, Fuel
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2024 | Sold | $620,000+5.7%$203/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6542659 Report a problem | ||
| 6/9/2024 | Pending sale | $586,500$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6542659 Report a problem | ||
| 5/30/2024 | Listed for sale | $586,500+41%$192/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6542659 Report a problem | ||
| 7/29/2005 | Sold | $416,000$136/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,155 +4.6% | $467,000 -7% |
| 2024 | $8,750 -3.6% | $502,000 -8.2% |
| 2023 | $9,080 -10% | $547,000 -3% |
| 2022 | $10,091 -3.4% | $564,000 -5.1% |
| 2021 | $10,447 +6% | $594,000 -5% |
| 2020 | $9,851 -5.7% | $625,000 +15% |
| 2019 | $10,447 +6% | $543,500 +18% |
| 2018 | $9,851 +26.3% | $460,500 +21% |
| 2017 | $7,797 +5.4% | $380,500 +5% |
| 2016 | $7,400 +5.6% | $362,500 +19.6% |
| 2015 | $7,009 +14% | $303,000 +2.7% |
| 2014 | $6,149 -6.9% | $295,000 |
| 2013 | $6,602 -7.5% | $295,000 -10.1% |
| 2012 | $7,137 +4.7% | $328,000 |
| 2011 | $6,818 -2% | $328,000 -14.5% |
| 2010 | $6,959 +4.7% | $383,500 -6.1% |
| 2009 | $6,645 +16.3% | $408,500 +9.4% |
| 2006 | $5,714 +1.1% | $373,500 +6.3% |
| 2005 | $5,652 +8% | $351,500 +15.2% |
| 2004 | $5,232 +6.9% | $305,000 +15.1% |
| 2002 | $4,896 -57.3% | $265,000 |
| 2001 | $11,460 | -- |
Find assessor info on the county website
Neighborhood: Hiawatha
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Nearby schools
GreatSchools rating
- NAHiawatha Elementary SchoolGrades: K-2Distance: 0.3 mi
- 6/10Sanford Middle SchoolGrades: 6-8Distance: 0.6 mi
- NARoosevelt High School - SwsGrades: 9-12Distance: 0.9 mi
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Estimated market value
$687,900
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Estimated market value
$687,900
- Minnesota
- Hennepin County
- Minneapolis
- 55406
- Hiawatha
- 4004 42nd Ave S
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