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2731 2nd Ave

Minneapolis, MN 55408

3 bd 2 ba 1,853 sqft Built 1906 Lot 5,663 sqft single_family
Most recent sale
$345,000
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2022 Sold $345,000 MLS #6168910
Mar 24, 2022 Listed $345,000 MLS #6168910
Sep 16, 2015 Sold $213,500 MLS #4573298
Jul 31, 2015 Sold $213,500 Public Record
Mar 17, 2015 Listed $224,900 MLS #4573298
Mar 9, 2007 Sold $203,900 Public Record
Sep 29, 1998 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $296,800 $4,439
2024 $306,110 $4,006
2023 $293,030 $3,868
2022 $277,770 $4,060
2021 $225,450 $3,040
2020 $225,450 $3,295
2019 $191,115 $2,890
2018 $169,860 $2,588
2017 $164,955 $2,581
2016 $175,855 $2,840
2015 $160,600 $34,900 $195,500 $3,659
2014 $150,100 $34,900 $185,000 $3,315
2013 $145,800 $27,200 $173,000 $3,114
2012 $145,800 $27,200 $173,000 $3,035
2011 $145,800 $27,200 $173,000 $2,895
2010 $158,800 $27,200 $186,000 $2,717
2009 $158,800 $27,200 $186,000 $2,751
2008 $170,500 $25,900 $196,400 $2,538
2007 $153,500 $17,300 $170,800 $2,113

Property facts

Year built
1906
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,853 sqft
Lot size
5,663 sqft
ZIP code
55408
City
Minneapolis
Street
2nd Ave
Coordinates
44.95263, -93.27372

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,780
Gross rental yield
9.67%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 2731 2nd Ave last sell?
2731 2nd Ave most recently sold on Apr 29, 2022 for $345,000.
What is the current tax assessment for 2731 2nd Ave?
The most recent total assessment for 2731 2nd Ave (year 2025) is $296,800 with $4,439 in property tax.
How does 2731 2nd Ave's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $345,000.
When was 2731 2nd Ave built?
2731 2nd Ave was built in 1906.
How does 2731 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 2731 2nd Ave?
2731 2nd Ave is a 3 bed, 2 bath, 1,853 sqft, 5,663 sqft lot single_family.
Is 2731 2nd Ave a flip candidate?
No — 2731 2nd Ave does not appear in our flips dataset.
Is 2731 2nd Ave a tax-appeal candidate?
No — 2731 2nd 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
-4.7%
Implied 1-yr
-18.8%
2026 Q3
$322.5K
2026 Q4
$300.6K
ZIP 55408 — Median Price History + Forecast

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