$6,114 Closing Credit¹
#6714927, Listing Office: J H Callahan & Associates
$415,000 List price
4505 47th Ave S Minneapolis, MN 55406
$4,928
Closing credit¹
3 beds
2 baths
929 sqft
$447 / sqft
House
Property details
About 4505 47th Ave S
Rare Opportunity in the Heart of the Hiawatha Neighborhood! Homes on this block rarely come available—this cherished residence has been in the same family for four generations. Located in the highly sought-after Hiawatha neighborhood, just a half block from West River Parkway and steps from Minnehaha Falls and surrounding parks, this home offers a slice of heaven in the Minnehaha Park District. This 3-bedroom, 2-bathroom gem may be modest in size, but it offers cozy and efficient living with a smart layout that maximizes space. Recent updates include fresh paint, new flooring, beautifully resurfaced hardwood floors, a refreshed kitchen with updated appliances, and newer mechanicals—furnace, AC, and water heater. An oversized 2-car garage provides plenty of storage and functionality. The lower level offers an excellent opportunity for the future homeowner to finish the basement and add valuable square footage in one of Minneapolis’s most scenic and desirable locations. Don't miss your chance to own a piece of history in this peaceful, nature-rich community where homes are rarely available and deeply treasured.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air, Wall Unit(s)
Size929 sqft
BasementYes
Year built1925
ParkingDetached, Concrete, Garage Door Opener
MLS #6720129
Garage2 spaces
FireplaceGas
Summary
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Water Softener
- Basement: Yes
- Fireplace: Gas
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: No
- Parking: Detached, Concrete, Garage Door Opener
- Heating: Forced Air
- Cooling: Central Air, Wall Unit(s)
- List Price: $415,000
- Price/SqFt: $446
- HOA Amount: $0
- Annual Tax Amount: $4,077
- Tax Year: 2023
- Lot: Many Trees
- Directions: Hiawatha to 46th St, east on 46th Ave S, north one block, turn right to home.
- Year Built: 1925
- Living Area: 929 SqFt
- MLS Number: 6720129
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Advantage Plus
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$415,000
4505 47th Ave S
$4,928
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $320,000 | $4,077 |
| 2022 | $320,000 | $4,111 |
| 2021 | $330,000 | $4,573 |
| 2020 | $347,500 | $4,648 |
| 2019 | $347,500 | $5,036 |
| 2018 | $314,285 | $4,709 |
| 2017 | $260,875 | $3,941 |
History based on county public records data.
Nearby schools
4
Michael Dowling Elementary School
Public Magnet KG-5
0.8 mi
•3900 W River Pkwy
6
Hiawatha Community School - Howe Campus
Public District 3-5
1.0 mi
•3733 43rd Ave S
8
Horace Mann School
Public District KG-5
1.0 mi
•2001 Eleanor Ave
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 $82,721. The majority of Minneapolis, MN residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
58%
35k-100k
21%
100k-200k
4%
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
5%
Single, with Kids
25%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
4%
12-17 yrs old
17%
18-34 yrs old
42%
35-64 yrs old
28%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Tennis
Hiking/backpacking
Where do the neighbors shop?
Chico's
IKEA
Nordstrom Rack
Where do the neighbors go to eat?
Boston Market
Chipotle
Starbucks
What do the neighbors drive?
Volvo
Jeep
Mazda
What do the neighbors listen to?
Talk/Personality
Alternative
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4505 47th Ave S
The listing price of 4505 47th Ave S property is $415,000.
The property 4505 47th Ave S is a house located in Minneapolis, Minnesota, 55406.
Active Listing: 4505 47th Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4505 47th Ave S are: Michael Dowling Elementary School (GreatSchools Rating 4/10), Hiawatha Community School - Howe Campus (GreatSchools Rating 6/10), Horace Mann School (GreatSchools Rating 8/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), Hennepin Middle School (GreatSchools Rating 2/10), Sanford Community Middle School (GreatSchools Rating 4/10), Roosevelt Senior High School (GreatSchools Rating 4/10), Roosevelt High School (GreatSchools Rating 8/10), Highland Park Senior High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2023 is $4,077 (source: MLS/based on county public records data).
The property at 4505 47th Ave S has 3 bedrooms and 2 bathrooms.
The property 4505 47th Ave S is 929 SqFt (source: MLS/tax record).
The year of construction for 4505 47th Ave S is 1925.
This home is located at 4505 47th Ave S in Minneapolis, MN and zip code 55406 in the Hiawatha neighborhood. This 929 square foot home was built in 1925. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $415,000.
Over 466 listings were sold over their listed price in April 2025 in Minneapolis, MN. In the same period over 261 listings were sold below the listed price and 213 listings were sold for the listed price. Between March and April 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 23%. In April 2025, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $354,417.
From Rocket Homes Real Estate and based on county public records data.