3501 Central Ave
Minneapolis, MN 55418
2 bd 2 ba 1,500 sqft Built 1954 Lot 6,534 sqft single_family
Most recent sale
$270,000
Jul 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 22, 2022 | Sold | $270,000 | MLS #6213685 |
| Jun 14, 2022 | Price changed | $269,900 | MLS #6213685 |
| Jun 8, 2022 | Listed | $289,900 | MLS #6213685 |
| Apr 29, 2009 | Sold | $159,000 | Public Record |
| Apr 11, 2009 | Listing removed | $169,900 | NorthstarMLS |
| Feb 26, 2009 | Listed | $174,900 | MLS #3609303 |
| May 1, 1984 | Sold | $71,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $194,000 | $89,000 | $283,000 | $4,208 |
| 2024 | $203,000 | $80,000 | $283,000 | $3,693 |
| 2022 | $194,000 | $39,000 | $233,000 | $3,229 |
| 2021 | $143,700 | $50,300 | $194,000 | $2,594 |
| 2020 | $143,700 | $50,300 | $194,000 | $3,058 |
| 2019 | $153,500 | $35,000 | $188,500 | $2,832 |
| 2018 | $136,500 | $35,000 | $171,500 | $2,501 |
| 2017 | $131,500 | $35,000 | $166,500 | $2,613 |
| 2016 | $122,200 | $31,800 | $154,000 | $2,330 |
| 2015 | $114,700 | $31,800 | $146,500 | $2,179 |
| 2014 | $98,700 | $31,800 | $130,500 | $2,350 |
| 2013 | $83,900 | $38,100 | $122,000 | $2,269 |
| 2012 | $71,600 | $54,400 | $126,000 | $2,630 |
| 2011 | $85,100 | $54,400 | $139,500 | $2,595 |
| 2010 | $87,000 | $68,000 | $155,000 | $2,264 |
| 2009 | $87,000 | $68,000 | $155,000 | $2,226 |
| 2008 | $95,000 | $68,000 | $163,000 | $2,381 |
| 2007 | $121,200 | $50,800 | $172,000 | $2,173 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,500 sqft
Lot size
6,534 sqft
ZIP code
55418
City
Minneapolis
Street
Central Ave
Coordinates
45.03140, -93.24689
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,250
Gross rental yield
10.00%
Implied cap rate
6.50%
Trend-extrapolated value
—
Frequently asked questions
When did 3501 Central Ave last sell?
3501 Central Ave most recently sold on Jul 22, 2022 for $270,000.
What is the current tax assessment for 3501 Central Ave?
The most recent total assessment for 3501 Central Ave (year 2025) is $283,000 with $4,208 in property tax.
How does 3501 Central Ave's assessment compare to its last sale price?
The current assessment is 4.8% above the last sale price of $270,000.
When was 3501 Central Ave built?
3501 Central Ave was built in 1954.
How does 3501 Central Ave compare to others on Central Ave?
We track 8 other properties on Central Ave. Browse the list under "Other properties on Central Ave" to compare beds, baths, and sale history.
What are the property facts for 3501 Central Ave?
3501 Central Ave is a 2 bed, 2 bath, 1,500 sqft, 6,534 sqft lot single_family.
Is 3501 Central Ave a flip candidate?
No — 3501 Central Ave does not appear in our flips dataset.
Is 3501 Central Ave a tax-appeal candidate?
No — 3501 Central Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.0%
Implied 1-yr
+8.1%
2026 Q3
$399.5K
2026 Q4
$406.7K
ZIP 55418 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Central Ave