Situated in the highly sought-after Northeast Minneapolis Art District, this premier duplex property offers an exceptional opportunity for owner occupancy or investment. The upper floor unit showcases stunning hardwood floors and abundant natural light streaming through newer windows. The updated kitchen boasts newer appliances, cabinetry, and a center island. Enjoy a bright and inviting living/dining area, two bedrooms plus an office space, and a bathroom with a classic clawfoot tub/shower. Room to expand to third floor as well. Equally impressive, the main floor unit features beautiful hardwood floors, a spacious kitchen, a bright living/dining room, two bedrooms, and a bathroom with a classic clawfoot tub/shower. Newer boiler and hot water heater and convenience of a two-car garage.
Closed
$320,000
47 Lowry Ave NE, Minneapolis, MN 55418
4beds
2baths
2,331sqft
Multi Family
Built in 1904
-- sqft lot
$380,100 Zestimate®
$137/sqft
$2,059 Estimated rent
Home value
$380,100
$353,000 - $407,000
$2,059/mo
Zestimate® history
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List your homeWhat's special
Center islandBeautiful hardwood floorsStunning hardwood floorsPremier duplex propertyNewer windowsNewer appliancesUpdated kitchen
Zillow last checked:
Listing updated:
Listed by:
Matthew R Barker 612-730-2829,
RE/MAX Results
Bought with:
Melissa Clawson
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6446455
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler
Features
- Basement: Full
Interior area
- Total structure area: 2,331
- Total interior livable area: 2,331 sqft
- Finished area above ground: 2,331
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Pool features: None
Lot
- Size: 5,662 Square Feet
- Dimensions: 45 x 124
- Features: Near Public Transit, Tree Coverage - Light
Details
- Foundation area: 1123
- Parcel number: 1002924140016
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected, City Sewer - In Street
- Water: City Water/Connected, City Water - In Street
Community & HOA
Community
- Subdivision: F A Bakers Rgt Lts Blk 3 Murdoughs
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $350,000
- Annual tax amount: $8,519
- Date on market: 10/11/2023
- Cumulative days on market: 289 days
- Tenant pays: Cable TV, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2024 | Sold | $320,000-8.6%$137/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6446455 Report a problem | ||
| 2/8/2024 | Price change | $350,000-6.7%$150/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6446455 Report a problem | ||
| 10/11/2023 | Listed for sale | $375,000-3.8%$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6446455 Report a problem | ||
| 10/10/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6383345 Report a problem | ||
| 9/11/2023 | Price change | $390,000-6%$167/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383345 Report a problem | ||
| 6/28/2023 | Price change | $415,000-2.4%$178/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383345 Report a problem | ||
| 6/9/2023 | Listed for sale | $425,000+150.1%$182/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6383345 Report a problem | ||
| 6/3/2013 | Sold | $169,900$73/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2026627 Report a problem | ||
| 4/18/2013 | Listed for sale | $169,900+112.4%$73/sqft |
Source: RE/MAX Specialists #4356516 Report a problem | ||
| 8/31/2012 | Sold | $80,000$34/sqft |
Source: Public Record Report a problem | ||
| 5/26/2011 | Sold | $80,000+95.1%$34/sqft |
Source: Public Record Report a problem | ||
| 3/19/2009 | Sold | $41,000-82.9%$18/sqft |
Source: Public Record Report a problem | ||
| 7/5/2006 | Sold | $239,900+196.2%$103/sqft |
Source: Public Record Report a problem | ||
| 2/24/1999 | Sold | $81,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,841 -10.9% | $350,000 -11.8% |
| 2024 | $8,804 +3.3% | $397,000 -7.5% |
| 2023 | $8,519 +10.9% | $429,000 +6.5% |
| 2022 | $7,683 +1.6% | $403,000 +23.1% |
| 2021 | $7,558 +6.1% | $327,500 |
| 2020 | $7,122 -5.8% | $327,500 +20% |
| 2019 | $7,558 +6.1% | $273,000 +10.1% |
| 2018 | $7,122 +127.5% | $248,000 +27.5% |
| 2017 | $3,131 +14.6% | $194,500 +15.1% |
| 2016 | $2,731 +14.5% | $169,000 +19.9% |
| 2015 | $2,386 +19.1% | $141,000 +15.1% |
| 2014 | $2,002 -29% | $122,500 |
| 2013 | $2,820 -48.8% | $122,500 -9.3% |
| 2012 | $5,506 +78.2% | $135,000 -10.9% |
| 2011 | $3,089 -8.4% | $151,500 -20.1% |
| 2010 | $3,372 -20.9% | $189,500 -20% |
| 2009 | $4,265 +107% | $237,000 +47.6% |
| 2006 | $2,060 +16.3% | $160,600 +19.1% |
| 2005 | $1,771 +21.8% | $134,900 +25.4% |
| 2004 | $1,454 +25.2% | $107,600 +20.5% |
| 2002 | $1,162 -67.9% | $89,300 |
| 2001 | $3,615 | -- |
Find assessor info on the county website
Neighborhood: Marshall Terrace
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 1.9 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1 mi
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Estimated market value
$380,100
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Estimated market value
$380,100
- Minnesota
- Hennepin County
- Minneapolis
- 55418
- Marshall Terrace
- 47 Lowry Ave NE
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