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2532 1st Ave

Minneapolis, MN 55404

2 bd 1 ba 826 sqft Built 1964 Lot 36,024 sqft condos
Most recent sale
$167,000
May 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 4, 2024 Price changed $149,900 NorthstarMLS
Aug 2, 2024 Listed $162,000 NorthstarMLS
May 20, 2022 Sold $167,000 MLS #6172360
Mar 31, 2022 Listed $167,000 MLS #6172360
Jan 24, 2022 Price changed $168,000 MLS #6132838
Dec 4, 2021 Listed $170,000 MLS #6132838
Oct 6, 2021 Listed for rent $1,300 ShowMojo
Sep 28, 2021 Price changed for rent $1,300 ShowMojo
Sep 10, 2021 Listed for rent $1,495 ShowMojo
Sep 3, 2021 Listing removed $175,000 NorthstarMLS
Aug 6, 2021 Listed $175,000 MLS #6076384
Aug 7, 2020 Sold $167,500 MLS #5572090
Jun 12, 2020 Relisted $168,900 MLS #5572090
May 29, 2020 Listing removed $168,900 NorthstarMLS
May 26, 2020 Listed $168,900 MLS #5572090
May 8, 2007 Sold $153,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,000 $9,000 $136,000 $2,022
2024 $137,000 $10,000 $147,000 $1,918
2023 $124,080 $1,665
2022 $122,990 $1,737
2021 $88,110 $1,219
2020 $84,900 $15,100 $100,000 $1,449
2019 $70,900 $15,100 $86,000 $1,283
2018 $65,400 $15,100 $80,500 $1,209
2017 $65,400 $15,100 $80,500 $1,239
2016 $59,400 $15,100 $74,500 $1,184
2015 $55,900 $15,100 $71,000 $1,185
2014 $46,900 $15,100 $62,000 $1,111
2013 $54,800 $19,700 $74,500 $1,341
2012 $74,300 $19,700 $94,000 $1,684
2011 $84,800 $19,700 $104,500 $1,749
2010 $90,300 $19,700 $110,000 $1,606
2009 $112,800 $13,200 $126,000 $1,863
2008 $53,700 $12,800 $66,500 $1,080

Property facts

Year built
1964
Property type
condos
Stories
2
Beds
2
Baths
1
Living area
826 sqft
Lot size
36,024 sqft
ZIP code
55404
City
Minneapolis
Street
1st Ave
Coordinates
44.95619, -93.27693

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,239
Gross rental yield
8.90%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 2532 1st Ave last sell?
2532 1st Ave most recently sold on May 20, 2022 for $167,000.
What is the current tax assessment for 2532 1st Ave?
The most recent total assessment for 2532 1st Ave (year 2025) is $136,000 with $2,022 in property tax.
How does 2532 1st Ave's assessment compare to its last sale price?
The current assessment is 18.6% below the last sale price of $167,000.
When was 2532 1st Ave built?
2532 1st Ave was built in 1964.
How does 2532 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 2532 1st Ave?
2532 1st Ave is a 2 bed, 1 bath, 826 sqft, 36,024 sqft lot condos.
Is 2532 1st Ave a flip candidate?
No — 2532 1st Ave does not appear in our flips dataset.
Is 2532 1st Ave a tax-appeal candidate?
No — 2532 1st Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.4%
Implied 1-yr
-13.5%
2026 Q3
$247.1K
2026 Q4
$236.4K
ZIP 55404 — Median Price History + Forecast

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