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3418 42nd Ave

Minneapolis, MN 55406

3 bd 2 ba 1,250 sqft Built 1924 Lot 6,534 sqft single_family
Most recent sale
$410,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $410,000 MLS #6223003
Jun 20, 2022 Listed $365,000 MLS #6223003
Sep 9, 2016 Sold $269,900 MLS #4747485
Aug 4, 2016 Listed $269,900 MLS #4747485
Mar 22, 2010 Sold $233,000 MLS #3878139
Feb 3, 2010 Listed $232,900 MLS #3878139
Sep 24, 2007 Sold $196,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $323,005 $4,999
2019 $323,005 $4,669
2018 $290,305 $4,039
2017 $245,615 $3,730
2016 $218,365 $3,011
2015 $186,755 $3,045
2014 $179,670 $2,984
2013 $163,865 $2,996
2012 $163,865 $3,205
2011 $180,215 $3,146
2010 $135,800 $63,700 $199,500 $2,721
2009 $135,800 $63,700 $199,500 $2,758
2008 $135,800 $63,700 $199,500 $2,686
2007 $147,100 $40,800 $187,900 $2,362

Property facts

Year built
1924
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,250 sqft
Lot size
6,534 sqft
ZIP code
55406
City
Minneapolis
Street
42nd Ave
Coordinates
44.94077, -93.21313

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,875
Gross rental yield
5.49%
Implied cap rate
3.57%
Trend-extrapolated value

Frequently asked questions

When did 3418 42nd Ave last sell?
3418 42nd Ave most recently sold on Jul 28, 2022 for $410,000.
What is the current tax assessment for 3418 42nd Ave?
The most recent total assessment for 3418 42nd Ave (year 2020) is $323,005 with $4,999 in property tax.
How does 3418 42nd Ave's assessment compare to its last sale price?
The current assessment is 21.2% below the last sale price of $410,000.
When was 3418 42nd Ave built?
3418 42nd Ave was built in 1924.
How does 3418 42nd Ave compare to others on 42nd Ave?
We track 8 other properties on 42nd Ave. Browse the list under "Other properties on 42nd Ave" to compare beds, baths, and sale history.
What are the property facts for 3418 42nd Ave?
3418 42nd Ave is a 3 bed, 2 bath, 1,250 sqft, 6,534 sqft lot single_family.
Is 3418 42nd Ave a flip candidate?
No — 3418 42nd Ave does not appear in our flips dataset.
Is 3418 42nd Ave a tax-appeal candidate?
No — 3418 42nd 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
-2.2%
Implied 1-yr
-8.8%
2026 Q3
$404.6K
2026 Q4
$394.3K
ZIP 55406 — Median Price History + Forecast

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