3228 4th Ave S Minneapolis, MN 55408
Central Neighborhood
4
Beds
2
Baths
3,256
Sq Ft
5,663
Sq Ft Lot
Highlights
- Porch
- Washburn High School Rated A-
- Patio
About This Home
As of April 2025Owner occupied by the same family for nearly 80 years, this classic & iconic Minneapolis duplex is only available due to relocation. Boasting original HW floors, this property is punctuated with pretty woodwork, built-ins, unique character and so many great closets! Unit 1 has 2 bedrooms, 1 full bath, a sunroom and back porch. The kitchen is open to the unit with a breakfast bar and lots of cabinets & countertop space. Unit 2 has 2 bedrooms and a full bath. A large front sunroom, back sitting room & large 3rd floor bedroom make this an attractive owner's space. The basement is roomy with room for storage and common laundry. Oversized 4 stall tandem garage gives each unit 2 covered parking spaces! Fenced yard and side yard give space for Fido and gardening! Do not miss this investment opportunity in South Minneapolis!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,465
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 45.20x129
- Chain Link Fence
Parking
- 4 Car Garage
- Garage Door Opener
Home Design
- Duplex
Interior Spaces
- 3,256 Sq Ft Home
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Outdoor Features
- Patio
- Porch
Utilities
- Boiler Heating System
Community Details
- 2 Units
- Wolvertons Add Subdivision
Listing and Financial Details
- Tenant pays for electricity, fuel
- The owner pays for taxes, trash collection, water
- Assessor Parcel Number 0302824140070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2025
Closed on
Apr 25, 2025
Sold by
Mary Ashley
Bought by
Hart Adele
Seller's Agent
Lauren Neal
Capsule Realty
Buyer's Agent
Brandon Meland
Anderson Realty
List Price
$429,900
Sold Price
$425,000
Premium/Discount to List
-$4,900
-1.14%
Views
37
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313
Avg. Annual Appreciation
0.29%
Original Mortgage
$382,500
Outstanding Balance
$382,500
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$42,813
Purchase Details
Listed on
Feb 22, 2023
Closed on
Apr 10, 2023
Sold by
Barbero Lori
Bought by
Mary Ashley
Seller's Agent
Delilah Langer
Edina Realty, Inc.
Buyer's Agent
Lauren Neal
Capsule Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$311,250
Interest Rate
6.5%
Mortgage Type
New Conventional
Similar Homes in Minneapolis, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $425,000 | Ascension Title | |
| Deed | $415,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,500 | New Conventional | |
| Previous Owner | $311,250 | New Conventional | |
| Previous Owner | $60,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $425,000 | -1.1% | $131 / Sq Ft |
| 04/04/2025 04/04/25 | Pending | -- | -- | -- |
| 03/16/2025 03/16/25 | For Sale | $429,900 | +3.6% | $132 / Sq Ft |
| 04/12/2023 04/12/23 | Sold | $415,000 | -2.4% | $127 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/22/2023 02/22/23 | For Sale | $425,000 | -- | $131 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,925 | $380,000 | $46,000 | $334,000 |
| 2022 | $4,465 | $338,000 | $46,000 | $292,000 |
| 2021 | $4,907 | $329,000 | $32,000 | $297,000 |
| 2020 | $4,637 | $346,000 | $31,500 | $314,500 |
| 2019 | $4,338 | $303,500 | $21,000 | $282,500 |
| 2018 | $3,789 | $276,000 | $21,000 | $255,000 |
| 2017 | $3,449 | $213,500 | $19,100 | $194,400 |
| 2016 | $3,453 | $224,500 | $19,100 | $205,400 |
| 2015 | $2,949 | $187,000 | $19,100 | $167,900 |
| 2014 | -- | $169,000 | $19,100 | $149,900 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lauren Neal
Capsule Realty
-
G
Seller Co-Listing Agent in 2025
Georgianna Gregori
Capsule Realty
-
B
Buyer's Agent in 2025
Brandon Meland
Anderson Realty
-
D
Seller's Agent in 2023
Delilah Langer
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6335686
APN: 03-028-24-14-0070
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