$350,000

4228 Minnehaha Ave Minneapolis, MN 55406

$4,156
Closing credit¹
1,538 sqft
$228 / sqft
Multi-Family

Property details

About 4228 Minnehaha Ave

Welcome to 4228 Minnehaha Avenue in Hiawatha neighborhood! Built in 1922, this meticulously renovated duplex has kept its early Arts and Crafts personality while getting a full renovation in 2017. Window trims, stunning brickwork, wood fireplace, original dining room buffet with glass cabinets, arched door frame, and to name the highlights. Each unit has 1BDR, 1BA. The upper unit has original, refurbished cabinets, arched doorways and a large, shaded sun porch. Kitchens in both units are fully modernized with luxury stone countertops and cabinets. Large, dry basement has generous storage space. New roof, grade 4 shingles, in 2023. Each unit has its own water heater and electrical panel. HVAC (replaced 2021) for lower level and boiler for upper unit are well maintained. Huge backyard with a 2-car garage - gardener's delight! The curb appeal on this classic stucco and brick beauty is STUNNING! This multi-family home is a wonderful investment and wealth-building opportunity. Live on one side and rent out the other. Minnehaha Falls, schools, parks, and shops all within a 10 minute radius. Conveniently located to Uptown, Downtown, and St. Paul. On Light rail and Metro Transit Bus Routes. Bike Score: 10. Walk Score: 10! Upper unit can be seen on 2nd showing. Upper unit leased through 7/31/25 then month-to-month. Upper unit enrolled in City of Minneapolis' 4D Low Income Rental program through 2030. Eligible tenants must make at or below 60% Area Median Income (AMI) upon move in to qualify for unit. 4D-enrolled properties gain a property tax break and have access to significant energy efficiency upgrades!

Highlights

Home typeDuplex
HeatingSteam
StatusActive
Size1,538 sqft
BasementYes
Year built1922
ParkingDetached, Electric, Electric Vehicle Charging Station(s), Garage Door Opener
MLS #6694034
Garage2 spaces

Summary

  • Basement: Yes
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Electric, Electric Vehicle Charging Station(s), Garage Door Opener
  • Heating: Steam
  • List Price: $350,000
  • Price/SqFt: $227
  • Annual Tax Amount: $4,057
  • Tax Year: 2023
  • Lot: Few Trees
  • Directions: 42nd St to Minnehaha to home
  • Year Built: 1922
  • Living Area: 1,538 SqFt
  • MLS Number: 6694034
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Premier Realty

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Last updated on: 5/22/2025, 8:22:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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4228 Minnehaha Ave, Minneapolis, MN 55406 - view of front of house with a chimney, stucco siding, a shingled roof, and brick siding

$350,000

4228 Minnehaha Ave

$4,156

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 26, 2016
Home Sold
$189,900

Tax history

YearAssessmentProperty Tax
2023$156,000$4,057
2022$154,500$4,064
2021$143,500$4,352
2020$286,000$4,203
2019$286,000$5,501
2018$242,500$4,858
2017$218,500$4,475

History based on county public records data.

Nearby schools

6

Northrop Community School

Public District KG-5

0.4 mi

4315 31st Ave S

6

Hiawatha Community School - Howe Campus

Public District 3-5

0.7 mi

3733 43rd Ave S

4

Michael Dowling Elementary School

Public Magnet KG-5

0.8 mi

3900 W River Pkwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,694. The majority of Minneapolis, MN residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

32%
<35k
53%
35k-100k
15%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
5%
12-17 yrs old
25%
18-34 yrs old
51%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • TennisTennis

Where do the neighbors shop?

  • IKEAIKEA
  • Banana RepublicBanana Republic
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • Jack In The BoxJack In The Box
  • StarbucksStarbucks

What do the neighbors drive?

  • LexusLexus
  • ToyotaToyota
  • BMWBMW

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • JazzJazz
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 4228 Minnehaha Ave in Minneapolis, MN and zip code 55406 in the Hiawatha neighborhood. This 1,538 square foot home was built in 1922. Features: 0 bathroom. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $350,000.

In April 2025 more than 466 listings in Minneapolis, MN were sold above the asking price. During the same period more than 213 listings were sold at asking price, while more than 261 were sold below. The number of listings 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.

From Rocket Homes Real Estate and based on county public records data.

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