$7,826 Closing Credit¹
#6698823, Listing office: Coldwell Banker Realty
$600,000 List price
3820 42nd Ave S Minneapolis, MN 55406
$7,125
Closing credit¹
4,476 sqft
$134 / sqft
Multi-Family
Property details
About 3820 42nd Ave S
Classic, well maintained fourplex in the Howe neighborhood. Strong rental area with high walkability and proximity to public transportation. Current tenants have been wonderful, and all four units are leased for the next year. All four units include one bedroom, a full bathroom & spacious kitchen/living room. Partial finished lower level (non-conforming 5th unit) may be an owner-occupant option. Four off-street parking spaces and shared green space located behind the property. Coin-op laundry in lower level. A great turnkey investment for your portfolio.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
Size4,476 sqft
BasementYes
Year built1960
MLS #6700225
Summary
- Basement: Yes
- Heating: Forced Air
- List Price: $600,000
- Price/SqFt: $134
- Annual Tax Amount: $8,917
- Tax Year: 2023
- Directions: Minnehaha Ave to 38th St. East to 42nd Ave & South to home.
- Year Built: 1960
- Living Area: 4,476 SqFt
- MLS Number: 6700225
- MLS Name: NORTHSTAR
- Office Name: Re/Max Advantage Plus
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$600,000
3820 42nd Ave S
$7,125
closing credit¹
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0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 14, 2022 | Home Sold | $530,000 |
| Aug 24, 2017 | Home Sold | $270,000 |
| Jan 19, 2011 | Home Sold | $276,800 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $520,000 | $8,917 |
| 2022 | $476,300 | $7,668 |
| 2021 | $433,000 | $7,356 |
| 2020 | $456,000 | $7,449 |
| 2019 | $396,500 | $7,007 |
| 2018 | $396,500 | $7,196 |
| 2017 | $354,000 | $6,491 |
History based on county public records data.
Nearby schools
6
Hiawatha Community School - Howe Campus
Public District 3-5
0.1 mi
•3733 43rd Ave S
4
Michael Dowling Elementary School
Public Magnet KG-5
0.5 mi
•3900 W River Pkwy
6
Northrop Community School
Public District KG-5
0.9 mi
•4315 31st Ave S
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 $55,519. The majority of Minneapolis, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
35%
<35k
51%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
11%
Single, with Kids
19%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
23%
18-34 yrs old
48%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
What do the neighbors drive?
Volvo
BMW
What do the neighbors listen to?
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 3820 42nd Ave S
The listing price of 3820 42nd Ave S property is $600,000.
The property 3820 42nd Ave S is a multi located in Minneapolis, Minnesota, 55406.
Active Listing: 3820 42nd Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3820 42nd Ave S are: Hiawatha Community School - Howe Campus (GreatSchools Rating 6/10), Michael Dowling Elementary School (GreatSchools Rating 4/10), Northrop Community School (GreatSchools Rating 6/10), Sanford Community Middle School (GreatSchools Rating 4/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), Bdote Learning Center (GreatSchools Rating 1/10), Roosevelt Senior High School (GreatSchools Rating 4/10), Roosevelt High School (GreatSchools Rating 8/10), Longfellow Alternative (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $8,917 (source: MLS/based on county public records data).
The last sale was on January 14, 2022 for $530,000 (source: MLS/tax record).
The property 3820 42nd Ave S is 4,476 SqFt (source: MLS/tax record).
The year of construction for 3820 42nd Ave S is 1960.
This home is located at 3820 42nd Ave S in Minneapolis, MN and zip code 55406 in the Howe neighborhood. This 4,476 square foot home was built in 1960. Features: 0 bathroom. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $600,000.
In May 2025 more than 641 listings in Minneapolis, MN were sold above the asking price. During the same period more than 220 listings were sold at asking price, while more than 368 were sold below. In May 2025 in Minneapolis, MN there were 16.4% more homes for sale than in April. In May 2025 median list price was $355,510 and the average listing age was 26 days.
From Rocket Homes Real Estate and based on county public records data.