4228 Minnehaha Ave Minneapolis, MN 55406
Hiawatha Neighborhood
2
Beds
2
Baths
1,538
Sq Ft
6,098
Sq Ft Lot
About This Home
As of June 2025Welcome 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2025
Closed on
Jun 30, 2025
Sold by
Wright-Martin Jillian Ann and Wright Jillian Ann
Bought by
Kroll Karl
Seller's Agent
Cheryllyne Vaz
Keller Williams Premier Realty
Buyer's Agent
Fritz Kroll
Edina Realty, Inc.
List Price
$350,000
Sold Price
$350,000
Views
67
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.37%
Original Mortgage
$280,000
Outstanding Balance
$279,765
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$68,318
Similar Homes in Minneapolis, MN
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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 | $350,000 | Watermark Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $207,000 | New Conventional | |
| Previous Owner | $19,400 | Commercial | |
| Previous Owner | $215,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | $350,000 | 0.0% | $228 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/22/2025 05/22/25 | For Sale | $350,000 | -- | $228 / 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 | $4,057 | $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
Agents Affiliated with this Home
-
Cheryllyne Vaz
Seller's Agent in 2025
Cheryllyne Vaz
Keller Williams Premier Realty
(612) 720-9604
1 in this area
257 Total Sales
-
Andrew Harwood
Seller Co-Listing Agent in 2025
Andrew Harwood
Keller Williams Premier Realty
(612) 724-3646
2 in this area
203 Total Sales
-
Fritz Kroll
Buyer's Agent in 2025
Fritz Kroll
Edina Realty, Inc.
(612) 347-8088
2 in this area
188 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6694034
APN: 07-028-23-31-0014
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