3135 4th St SE Minneapolis, MN 55414
Property details
About 3135 4th St SE
This outstanding Prospect Park property offers a rare opportunity for investors seeking a move-in-ready home with strong income potential. Situated on a quiet cul-de-sac and bordering a wooded area, the home features a spacious layout with an open-concept main floor, hardwood oak flooring, and abundant natural light. The large kitchen includes a walk-in pantry, and a substantial 2006 addition added four well-sized bedrooms, all with ample closet space—making it ideal for either long-term family tenants or short-term rental groups. The finished third floor offers additional living space with pine ceilings and new carpet installed in 2022, adding to the home’s versatility and appeal. A brand-new boiler and roof were installed in 2023, ensuring updated infrastructure for low-maintenance ownership. There is also space to add 2 future full bathrooms! Located within walking distance to the University of Minnesota, light rail access, and an array of popular destinations including Malcolm Yards, Surly Brewing Co., and O’Shaughnessy Distilling Co., this property is exceptionally well positioned for consistent rental demand. Whether you’re growing your portfolio or entering the Minneapolis market, this is a smart, turnkey investment in one of the city’s most vibrant and connected neighborhoods. This home has been virtually staged to illustrate its potential.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Refrigerator, Oven, Washer
- Basement: Yes
- Total Bedroom Count: 7
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Gravel, Concrete, Insulated Garage, Tuckunder Garage
- Heating: Forced Air, Hot Water
- Cooling: Central Air, Window Unit(s)
- List Price: $589,900
- Price/SqFt: $163
- Annual Tax Amount: $6,451
- Tax Year: 2023
- Lot: Many Trees
- Directions: Interstate 94E to 280 exit to University Ave exit go West. Then North on Bedford St SE to 4th St SE.
- Year Built: 1912
- Living Area: 3,607 SqFt
- MLS Number: 6706545
- MLS Name: NORTHSTAR
- Office Name: Real Broker, LLC
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$589,900
3135 4th St SE
$7,005
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 04, 2023 | Home Sold | $490,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $458,000 | $6,451 |
| 2022 | $404,000 | $5,794 |
| 2021 | $413,000 | $6,228 |
| 2020 | $486,000 | $7,022 |
| 2019 | $442,000 | $6,406 |
| 2018 | $400,940 | $5,987 |
| 2017 | $361,155 | $5,434 |
History based on county public records data.
Nearby schools
4
Pratt Community School
Public District PK-5
0.2 mi
•66 Malcolm Ave SE
6
St. Anthony Park Elementary School
Public District KG-5
1.1 mi
•2180 Knapp St
1
Anishinabe Academy
Public Magnet PK-5
1.4 mi
•3100 E 28th 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 $64,063. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Continuing Education Courses
NBA/WNBA
Symphony or Opera
Where do the neighbors shop?
Express/Express For Men
Chico's
H&M
Where do the neighbors go to eat?
Qdoba
Starbucks
Boston Market
What do the neighbors drive?
Volkswagen
Pontiac
Volvo
What do the neighbors listen to?
Urban Contemporary
Talk/Personality
Alternative
Frequently asked questions
About 3135 4th St SE
The listing price of 3135 4th St SE property is $589,900.
The property 3135 4th St SE is a house located in Minneapolis, Minnesota, 55414.
Active Listing: 3135 4th St SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3135 4th St SE are: Pratt Community School (GreatSchools Rating 4/10), St. Anthony Park Elementary School (GreatSchools Rating 6/10), Anishinabe Academy (GreatSchools Rating 1/10), Avalon Middle School (GreatSchools Rating 6/10), Murray Middle School (GreatSchools Rating 3/10), Sullivan Elementary School (GreatSchools Rating 2/10), Venture Academy (GreatSchools Rating 3/10), Jennings Experiential High School (GreatSchools Rating 2/10), Avalon School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $6,451 (source: MLS/based on county public records data).
The last sale was on December 4, 2023 for $490,000 (source: MLS/tax record).
The property at 3135 4th St SE has 7 bedrooms and 1 full and 1 half bathrooms.
The property 3135 4th St SE is 3,607 SqFt (source: MLS/tax record).
The year of construction for 3135 4th St SE is 1912.
This home is located at 3135 4th St SE in Minneapolis, MN and zip code 55414 in the Prospect Park / East River Road neighborhood. This 3,607 square foot home was built in 1912. Features: 7 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $589,900.
While more than 466 listings in Minneapolis, MN in April 2025 were sold above asking price, there were more than 213 listings sold at asking price, and more than 261 were sold below. The number of homes for sale in Minneapolis, MN increased by 23% between March and April 2025. In April 2025 median list price was $354,417 and the average listing age was 28 days.