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881 27th Ave

Minneapolis, MN 55414

2 bd 2 ba 1,720 sqft Built 1922 Lot 5,227 sqft multi_family
Most recent sale
$195,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $195,000 MLS #6226071
Jul 18, 2022 Relisted $199,900 MLS #6226071
Jun 24, 2022 Listed $199,900 MLS #6226071
Jan 10, 2005 Sold $40,000 Public Record
Aug 30, 1999 Sold $40,000 Public Record
Jun 22, 1990 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $225,000 $69,000 $294,000 $5,361
2024 $234,000 $69,000 $303,000 $4,847
2020 $254,335 $3,546
2019 $242,890 $3,277
2018 $217,275 $2,741
2017 $180,215 $2,814
2016 $180,215 $2,908
2015 $180,215 $3,054
2014 $180,215 $3,274
2013 $180,215 $3,287
2012 $180,215 $3,405
2011 $191,660 $3,526
2010 $168,300 $52,700 $221,000 $3,055
2009 $168,300 $52,700 $221,000 $3,351
2008 $184,600 $52,700 $237,300 $2,903
2007 $168,500 $32,700 $201,200 $2,556

Property facts

Year built
1922
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,720 sqft
Lot size
5,227 sqft
ZIP code
55414
City
Minneapolis
Street
27th Ave
Coordinates
44.98633, -93.21561

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
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 881 27th Ave last sell?
881 27th Ave most recently sold on Aug 25, 2022 for $195,000.
What is the current tax assessment for 881 27th Ave?
The most recent total assessment for 881 27th Ave (year 2025) is $294,000 with $5,361 in property tax.
How does 881 27th Ave's assessment compare to its last sale price?
The current assessment is 50.8% above the last sale price of $195,000.
When was 881 27th Ave built?
881 27th Ave was built in 1922.
How does 881 27th Ave compare to others on 27th Ave?
We track 8 other properties on 27th Ave. Browse the list under "Other properties on 27th Ave" to compare beds, baths, and sale history.
What are the property facts for 881 27th Ave?
881 27th Ave is a 2 bed, 2 bath, 1,720 sqft, 5,227 sqft lot multi_family.
Is 881 27th Ave a flip candidate?
No — 881 27th Ave does not appear in our flips dataset.
Is 881 27th Ave a tax-appeal candidate?
Yes — 881 27th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-8.4%
Implied 1-yr
-33.5%
2026 Q3
$326.3K
2026 Q4
$326.3K
ZIP 55414 — Median Price History + Forecast

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