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2218 4th Ave

Minneapolis, MN 55405

7 bd 3 ba 3,744 sqft Built 1921 Lot 5,663 sqft multi_family
Most recent sale
$398,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $398,000 MLS #6175529
Apr 7, 2022 Listed $394,900 MLS #6175529
Dec 1, 2018 Sold $160,000 MLS #5006083
Sep 20, 2018 Listed $160,000 MLS #5006083
Sep 19, 2018 Listed $160,000 MLS #5006083
Dec 16, 2010 Sold $32,575 MLS #3990433
Nov 15, 2010 Listed $29,000 MLS #3990433
Jun 11, 1996 Sold $54,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $373,000 $69,000 $442,000 $8,060
2024 $335,000 $73,000 $408,000 $6,526
2023 $335,000 $73,000 $408,000 $6,568
2022 $327,000 $24,000 $351,000 $5,963
2021 $234,000 $16,000 $250,000 $4,084
2020 $239,400 $10,600 $250,000 $4,418
2019 $216,900 $10,600 $227,500 $4,729
2018 $180,400 $10,600 $191,000 $3,502
2017 $162,400 $9,600 $172,000 $3,352
2016 $139,900 $9,600 $149,500 $3,029
2015 $139,900 $9,600 $149,500 $5,306
2014 $120,400 $9,600 $130,000 $3,599
2013 $120,400 $9,600 $130,000 $3,643
2012 $107,400 $9,600 $117,000 $9,115
2011 $120,900 $16,600 $137,500 $7,860
2010 $119,900 $33,100 $153,000 $9,563
2009 $185,400 $33,100 $218,500 $6,627
2008 $178,300 $28,000 $206,300 $3,499
2007 $159,100 $20,300 $179,400 $2,756

Property facts

Year built
1921
Property type
multi_family
Stories
2
Beds
7
Baths
3
Living area
3,744 sqft
Lot size
5,663 sqft
ZIP code
55405
City
Minneapolis
Street
4th Ave
Coordinates
44.98181, -93.30921

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
$2,388
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2218 4th Ave last sell?
2218 4th Ave most recently sold on May 17, 2022 for $398,000.
What is the current tax assessment for 2218 4th Ave?
The most recent total assessment for 2218 4th Ave (year 2025) is $442,000 with $8,060 in property tax.
How does 2218 4th Ave's assessment compare to its last sale price?
The current assessment is 11.1% above the last sale price of $398,000.
When was 2218 4th Ave built?
2218 4th Ave was built in 1921.
How does 2218 4th Ave compare to others on 4th Ave?
We track 8 other properties on 4th Ave. Browse the list under "Other properties on 4th Ave" to compare beds, baths, and sale history.
What are the property facts for 2218 4th Ave?
2218 4th Ave is a 7 bed, 3 bath, 3,744 sqft, 5,663 sqft lot multi_family.
Is 2218 4th Ave a flip candidate?
No — 2218 4th Ave does not appear in our flips dataset.
Is 2218 4th Ave a tax-appeal candidate?
No — 2218 4th 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
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$532.8K
2026 Q4
$538.8K
ZIP 55405 — Median Price History + Forecast

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