New - 3 days on Rocket
$5,047 Closing Credit¹
#6675325, Listing Office: Edina Realty, Inc.
$365,000 List price
3901 Thomas Ave N Minneapolis, MN 55412
$4,334
Closing credit¹
2,556 sqft
$143 / sqft
Multi-Family
Property details
About 3901 Thomas Ave N
Fantastic cash flow opportunity for investors! This well-maintained duplex features two spacious units, each offering 2 bedrooms, 2 bathrooms, and its own set of appliances, including a washer and dryer. Hardwood floors add warmth and charm, while the newly updated kitchen cabinets and countertops provide a fresh, modern touch. With separate utilities and a desirable layout, this property is perfect for generating steady rental income. Don’t miss out on this prime investment!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size2,556 sqft
BasementYes
Year built1946
ParkingDetached
MLS #6657447
Garage2 spaces
Summary
- MLS Number: 6657447
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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Get an agent. Get a mortgage. Save big.¹
$365,000
3901 Thomas Ave N
$4,334
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 17, 2023 | Home Sold | $355,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $274,000 | $3,402 |
| 2022 | $280,000 | $3,505 |
| 2021 | $237,000 | $3,062 |
| 2020 | $232,000 | $3,035 |
| 2019 | $173,675 | $2,671 |
| 2018 | $149,695 | $2,407 |
| 2017 | $119,720 | $1,972 |
History based on county public records data.
Nearby schools
1
Loring Community School
Public District PK-5
0.7 mi
•2600 44th Ave N
1
Lucy Craft Laney Community School at Cleveland Park
Public District PK-5
0.7 mi
•3333 Penn Ave N
2
Lakeview Elementary School
Public District KG-5
1.2 mi
•4110 Lake Drive Ave N
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 $65,179. Most Minneapolis, MN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
27%
<35k
45%
35k-100k
24%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
46%
Single, No Kids
13%
Single, with Kids
26%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
20%
18-34 yrs old
49%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Tennis- Men's Tennis
Hiking/backpacking
Where do the neighbors shop?
Crate & Barrel
Nordstrom Rack
Bloomingdales
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Boston Market
What do the neighbors drive?
BMW
Volvo
Audi
What do the neighbors listen to?
News
Alternative- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
New - 3 days on Rocket
$4,144 Closing Credit¹
#6676079, Listing Office: Keller Williams Realty Integrity Lakes
This home is located at 3901 Thomas Ave N in Minneapolis, MN and zip code 55412 in the Camden neighborhood. This 2,556 square foot home was built in 1946. Features: 0 bathroom. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $365,000.
Minneapolis, MN housing market in January 2025 saw over 161 listings sold above listed price, more than 152 sold at listed price and over 309 sold below. The inventory of homes for sale in Minneapolis, MN between December and January 2025 decreased by 0.1%. While the average time on the market in January 2025 was 47 days, the median list price was $350,000.
From Rocket Homes Real Estate and based on county public records data.