$5,641 Closing Credit¹
#6710129, Listing office: Coldwell Banker Realty
$489,999 List price
3708 Park Ave Minneapolis, MN 55407
$5,819
Closing credit¹
3,000 sqft
$163 / sqft
Multi-Family
Property details
About 3708 Park Ave
This well-maintained property features beautiful woodwork and peaceful park views. The main floor unit offers an updated kitchen and bath, plus a one-year-old washer and dryer. The upstairs unit boasts an updated bath, gorgeous kitchen cabinets, and plenty of natural sunlight. Both units feature fireplaces for cozy evenings. The downstairs tenants will not be renewing their lease allowing for a potential OWNER OCCUPIED investment, while the upstairs tenants are in their seventh month. Both leases expire at the end of July. —great rental income potential. The upstairs unit rents for $1,500/month, and the downstairs unit rents for $1,850/month The basement offers possibilities for additional living space or even a separate unit with an egress window, adding more rental income potential. Enjoy the back patio and garden, along with private offsite parking and a shared two-car garage. This property is full of charm and offers excellent investment opportunities—don’t miss it!
Highlights
Home typeDuplex
HeatingSteam
StatusActive
Size3,000 sqft
BasementYes
Year built1922
MLS #6683652
Garage2 spaces
Virtual tour
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Heating: Steam
- List Price: $489,999
- Price/SqFt: $163
- Annual Tax Amount: $5,536
- Tax Year: 2023
- Directions: From 35W head east on 41st then north on Park
- Year Built: 1922
- Living Area: 3,000 SqFt
- MLS Number: 6683652
- MLS Name: NORTHSTAR
- Office Name: Bridge Realty, LLC
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$489,999
3708 Park Ave
$5,819
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 04, 2021 | Home Sold | $400,978 |
| Mar 07, 2016 | Home Sold | $300,000 |
| Jan 29, 2014 | Home Sold | $144,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $425,000 | $5,536 |
| 2022 | $396,000 | $5,184 |
| 2021 | $362,000 | $4,957 |
| 2020 | $381,000 | $6,231 |
| 2019 | $330,090 | $4,799 |
| 2018 | $296,845 | $4,452 |
| 2017 | $253,245 | $3,828 |
History based on county public records data.
Nearby schools
3
Green Central Park Elementary School
Public District PK-5
0.4 mi
•3416 4th Ave S
4
Bancroft Elementary School
Public Magnet PK-5
0.5 mi
•3829 13th Ave S
4
Lyndale Community School
Public District PK-5
1.0 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 $41,989. The most common annual income of people living in Minneapolis, MN is less than $<35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
42%
<35k
36%
35k-100k
21%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
35%
18-34 yrs old
28%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
H&M
Burlington
Where do the neighbors go to eat?
Little Caesars
Popeyes
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3708 Park Ave
The listing price of 3708 Park Ave property is $489,999.
The property 3708 Park Ave is a multi located in Minneapolis, Minnesota, 55407.
Active Listing: 3708 Park Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3708 Park Ave are: Green Central Park Elementary School (GreatSchools Rating 3/10), Bancroft Elementary School (GreatSchools Rating 4/10), Lyndale Community School (GreatSchools Rating 4/10), Hiawatha College Preparatory - Kingfield (GreatSchools Rating 5/10), Southside Family Charter School (GreatSchools Rating 5/10), Hiawatha College Preparatory - Northrop (GreatSchools Rating 2/10), Wellstone High School - Sws (GreatSchools Rating 2/10), Wellstone International High School (GreatSchools Rating 1/10), El Colegio Charter School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $5,536 (source: MLS/based on county public records data).
The last sale was on August 4, 2021 for $400,978 (source: MLS/tax record).
The property 3708 Park Ave is 3,000 SqFt (source: MLS/tax record).
The year of construction for 3708 Park Ave is 1922.
This home is located at 3708 Park Ave in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 3,000 square foot home was built in 1922. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $489,999.
Minneapolis, MN housing market in May 2025 saw over 641 listings sold above listed price, more than 220 sold at listed price and over 368 sold below. The inventory of homes for sale in Minneapolis, MN between April and May 2025 increased by 16.4%. While the average time on the market in May 2025 was 26 days, the median list price was $355,510.
From Rocket Homes Real Estate and based on county public records data.