2408 1st Ave
Minneapolis, MN 55404
6 bd 2 ba 2,564 sqft Built 1901 Lot 6,098 sqft multi_family
Most recent sale
$355,000
Oct 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 31, 2022 | Sold | $355,000 | NorthstarMLS |
| Sep 23, 2022 | Relisted | $350,000 | NorthstarMLS |
| Sep 18, 2022 | Listing removed | — | NorthstarMLS |
| Sep 13, 2022 | Listed | $350,000 | NorthstarMLS |
| Nov 17, 2005 | Sold | $365,000 | Public Record |
| Dec 15, 2003 | Sold | $326,000 | Public Record |
| Nov 21, 2003 | Sold | $100,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $290,000 | $81,000 | $371,000 | $6,766 |
| 2024 | $346,000 | $91,000 | $437,000 | $6,990 |
| 2023 | $350,000 | $78,000 | $428,000 | $6,890 |
| 2022 | $335,000 | $50,000 | $385,000 | $6,540 |
| 2021 | $319,300 | $85,700 | $405,000 | $6,616 |
| 2020 | $314,400 | $60,600 | $375,000 | $6,628 |
| 2019 | $296,400 | $60,600 | $357,000 | $6,613 |
| 2018 | $249,900 | $60,600 | $310,500 | $5,693 |
| 2017 | $255,400 | $55,100 | $310,500 | $5,819 |
| 2016 | $229,400 | $55,100 | $284,500 | $5,500 |
| 2015 | $181,900 | $55,100 | $237,000 | $4,809 |
| 2014 | — | — | $212,915 | $4,000 |
| 2013 | — | — | $200,380 | $3,646 |
| 2012 | — | — | $200,380 | $3,650 |
| 2011 | $187,000 | $57,600 | $244,600 | $4,134 |
| 2010 | $205,400 | $57,600 | $263,000 | $3,705 |
| 2009 | $223,900 | $57,600 | $281,500 | $4,044 |
| 2008 | $215,400 | $49,300 | $264,700 | $3,375 |
| 2007 | $197,200 | $33,000 | $230,200 | $2,978 |
Property facts
Year built
1901
Property type
multi_family
Stories
2
Beds
6
Baths
2
Living area
2,564 sqft
Lot size
6,098 sqft
ZIP code
55404
City
Minneapolis
Street
1st Ave
Coordinates
44.95879, -93.27691
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,846
Gross rental yield
13.00%
Implied cap rate
8.45%
Trend-extrapolated value
—
Frequently asked questions
When did 2408 1st Ave last sell?
2408 1st Ave most recently sold on Oct 31, 2022 for $355,000.
What is the current tax assessment for 2408 1st Ave?
The most recent total assessment for 2408 1st Ave (year 2025) is $371,000 with $6,766 in property tax.
How does 2408 1st Ave's assessment compare to its last sale price?
The current assessment is 4.5% above the last sale price of $355,000.
When was 2408 1st Ave built?
2408 1st Ave was built in 1901.
How does 2408 1st Ave compare to others on 1st Ave?
We track 8 other properties on 1st Ave. Browse the list under "Other properties on 1st Ave" to compare beds, baths, and sale history.
What are the property facts for 2408 1st Ave?
2408 1st Ave is a 6 bed, 2 bath, 2,564 sqft, 6,098 sqft lot multi_family.
Is 2408 1st Ave a flip candidate?
No — 2408 1st Ave does not appear in our flips dataset.
Is 2408 1st Ave a tax-appeal candidate?
No — 2408 1st Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$247.1K
2026 Q4
$236.4K
ZIP 55404 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 1st Ave