#6680949, Listing office: RE/MAX Results
$150,000 List price
2642 1st Ave S Minneapolis, MN 55408
1 bed
2 full
1,884 sqft
$80 / sqft
Townhouse
Property details
About 2642 1st Ave S
Endless Potential – Ideal for Homesteaders or Investors! Discover the opportunity to transform this diamond in the rough! Whether you're looking to build equity in your next homestead or seeking your next investment project, this property offers incredible potential. Build instant equity with the potential to add a second bedroom in the upper loft, or even make the lower level into a third bedroom! Property is located in a vibrant neighborhood within walking distance to Eat Street off of Nicollet Ave, a popular South Minneapolis location for good eats, entertainment and events! Please Note: This home does require some repairs and is being sold as-is. This is a Hennepin County-owned property. The county will not make repairs or offer concessions of any kind. Bring your vision and creativity!
Highlights
Home typeTownhouse
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,884 sqft
BasementYes
Year built1988
ParkingDetached, Asphalt, Garage Door Opener
MLS #6749719
Garage1 space
Summary
- Full Bathrooms: 2
- Appliances: None
- Basement: Yes
- Total Bedroom Count: 1
- Garage Space: 1 space
- Attached Garage: No
- Parking: Detached, Asphalt, Garage Door Opener
- Heating: Forced Air
- Cooling: Central Air
- List Price: $150,000
- Price/SqFt: $79
- HOA Amount: $360 Monthly
- Annual Tax Amount: $2,310
- Tax Year: 2020
- Lot: Many Trees
- Directions: Head south on Oakland Ave toward E 26th St. Turn left onto Stevens Ave, right onto E 27th St, and right onto 1st Ave S.
- Year Built: 1988
- Living Area: 1,884 SqFt
- MLS Number: 6749719
- MLS Name: NORTHSTAR
- Office Name: Home Sellers
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Last updated on: 7/26/2025, 6:37:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2020 | $190,500 | $2,310 |
| 2019 | $143,155 | $2,115 |
| 2018 | $132,800 | $2,030 |
| 2017 | $121,900 | $1,873 |
History based on county public records data.
Nearby schools
2
Whittier International Baccalaureate World School
Public Magnet PK-5
0.4 mi
•315 W 26th St
2
Hennepin Elementary School
Public Charter KG-5
0.6 mi
•2123 Clinton Ave
4
Lyndale Community School
Public District PK-5
0.9 mi
•312 W 34th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,836. The majority of Minneapolis, MN residents have income less than $<35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
65%
<35k
23%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
62%
Single, No Kids
23%
Single, with Kids
6%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
6%
12-17 yrs old
40%
18-34 yrs old
31%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
Popeyes
White Castle
What do the neighbors drive?
Honda
Nissan
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2642 1st Ave S
The listing price of 2642 1st Ave S property is $150,000.
The property 2642 1st Ave S is a townhouse located in Minneapolis, Minnesota, 55408.
Active Listing: 2642 1st Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2642 1st Ave S are: Whittier International Baccalaureate World School (GreatSchools Rating 2/10), Hennepin Elementary School (GreatSchools Rating 2/10), Lyndale Community School (GreatSchools Rating 4/10), Jefferson Elementary School (GreatSchools Rating 1/10), Loveworks Academy for Arts (GreatSchools Rating 1/10), Hiawatha College Preparatory - Kingfield (GreatSchools Rating 5/10), Merc (GreatSchools Rating 2/10), Augsburg Fairview Academy (GreatSchools Rating 1/10), Loring-Nicollet High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2020 is $2,310 (source: MLS/based on county public records data).
The property at 2642 1st Ave S has 1 bedroom and 2 bathrooms.
The property 2642 1st Ave S is 1,884 SqFt (source: MLS/tax record).
The year of construction for 2642 1st Ave S is 1988.
This home is located at 2642 1st Ave S in Minneapolis, MN and zip code 55408 in the Powderhorn neighborhood. This 1,884 square foot home was built in 1988. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $150,000.
Minneapolis, MN housing market in June 2025 saw over 634 listings sold above listed price, more than 245 sold at listed price and over 363 sold below. The number of listings in Minneapolis, MN increased by 3.4% between May and June 2025. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $359,091.
From Rocket Homes Real Estate and based on county public records data.