4228 Minnehaha Ave Minneapolis, MN 55406
Hiawatha NeighborhoodEstimated payment $2,226/month
Total Views
126
2
Beds
2
Baths
1,538
Sq Ft
6,098
Sq Ft Lot
Highlights
- Popular Property
- Property is Fully Fenced
- 4-minute walk to Adams Triangle
About This Home
Welcome to 4228 Minnehaha Avenue in Hiawatha neighborhood! Built in 1922, this meticulously renovated duplex has kept its early Arts and Crafts personality while getting a full renovation in 2017. Window trims, stunning brickwork, wood fireplace, original dining room buffet with glass cabinets, arched door frame, and to name the highlights. Each unit has 1BDR, 1BA. The upper unit has original, refurbished cabinets, arched doorways and a large, shaded sun porch. Kitchens in both units are fully modernized with luxury stone countertops and cabinets. Large, dry basement has generous storage space. New roof, grade 4 shingles, in 2023. Each unit has its own water heater and electrical panel. HVAC (replaced 2021) for lower level and boiler for upper unit are well maintained. Huge backyard with a 2-car garage - gardener's delight! The curb appeal on this classic stucco and brick beauty is STUNNING! This multi-family home is a wonderful investment and wealth-building opportunity. Live on one side and rent out the other. Minnehaha Falls, schools, parks, and shops all within a 10 minute radius. Conveniently located to Uptown, Downtown, and St. Paul. On Light rail and Metro Transit Bus Routes. Bike Score: 10. Walk Score: 10! Upper unit can be seen on 2nd showing. Upper unit leased through 7/31/25 then month-to-month. Upper unit enrolled in City of Minneapolis' 4D Low Income Rental program through 2030. Eligible tenants must make at or below 60% Area Median Income (AMI) upon move in to qualify for unit. 4D-enrolled properties gain a property tax break and have access to significant energy efficiency upgrades!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,317
Year Built
- Built in 1922
Lot Details
- Lot Dimensions are 37x167
- Property is Fully Fenced
- Chain Link Fence
Parking
- 2 Car Garage
- Garage Door Opener
Home Design
- Duplex
Interior Spaces
- 1,538 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Boiler Heating System
Community Details
- 2 Units
- Edridge Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0702823310014
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,057 | $312,000 | $107,000 | $205,000 |
| 2022 | $4,352 | $154,500 | $46,500 | $108,000 |
| 2021 | $4,204 | $143,500 | $33,500 | $110,000 |
| 2020 | $5,501 | $286,000 | $67,100 | $218,900 |
| 2019 | $4,859 | $286,000 | $44,700 | $241,300 |
| 2018 | $4,475 | $242,500 | $44,700 | $197,800 |
| 2017 | $3,053 | $185,000 | $40,600 | $144,400 |
| 2016 | $2,368 | $168,000 | $40,600 | $127,400 |
| 2015 | $2,488 | $168,000 | $40,600 | $127,400 |
| 2014 | -- | $168,000 | $40,600 | $127,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/29/2022 06/29/22 | Off Market | $189,900 | -- | -- |
| 08/25/2016 08/25/16 | Sold | $189,900 | 0.0% | $123 / Sq Ft |
| 07/11/2016 07/11/16 | Off Market | $189,900 | -- | -- |
| 07/10/2016 07/10/16 | Pending | -- | -- | -- |
| 07/07/2016 07/07/16 | For Sale | $189,900 | -- | $123 / Sq Ft |
Source: NorthstarMLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $207,000 | New Conventional | |
| Closed | $19,400 | Commercial | |
| Closed | $215,000 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6694034
APN: 07-028-23-31-0014
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