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5055 Emerson Ave

Minneapolis, MN 55430

3 bd 1 ba 1,560 sqft Built 1950 Lot 6,098 sqft single_family
Most recent sale
$215,000
Sep 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 25, 2025 Listed for rent $2,300 AppfolioUnits
Aug 5, 2025 Listed for rent $2,300 AppfolioUnits
Jun 18, 2024 Listed for rent $2,000 AppfolioUnits
Sep 16, 2022 Sold $215,000 MLS #6244600
Aug 10, 2022 Listed $219,900 MLS #6244600
Mar 21, 2017 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $195,000 $39,000 $234,000 $3,054
2023 $196,000 $34,000 $230,000 $3,026
2022 $185,000 $11,000 $196,000 $2,716
2021 $164,400 $20,600 $185,000 $2,474
2020 $164,400 $20,600 $185,000 $2,529
2019 $158,300 $16,200 $174,500 $2,366
2018 $142,300 $16,200 $158,500 $2,280
2017 $121,800 $16,200 $138,000 $1,560
2016 $97,920 $1,425
2015 $85,930 $1,156
2014 $65,220 $1,234
2013 $65,220 $1,412
2012 $70,670 $1,583
2011 $82,115 $1,644
2010 $80,200 $29,300 $109,500 $1,655
2009 $83,200 $41,800 $125,000 $1,807
2008 $91,200 $41,800 $133,000 $2,081
2007 $122,400 $31,100 $153,500 $1,962

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,560 sqft
Lot size
6,098 sqft
ZIP code
55430
City
Minneapolis
Street
Emerson Ave
Coordinates
45.04738, -93.29572

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
$2,340
Gross rental yield
13.06%
Implied cap rate
8.49%
Trend-extrapolated value

Frequently asked questions

When did 5055 Emerson Ave last sell?
5055 Emerson Ave most recently sold on Sep 16, 2022 for $215,000.
What is the current tax assessment for 5055 Emerson Ave?
The most recent total assessment for 5055 Emerson Ave (year 2024) is $234,000 with $3,054 in property tax.
How does 5055 Emerson Ave's assessment compare to its last sale price?
The current assessment is 8.8% above the last sale price of $215,000.
When was 5055 Emerson Ave built?
5055 Emerson Ave was built in 1950.
How does 5055 Emerson Ave compare to others on Emerson Ave?
We track 8 other properties on Emerson Ave. Browse the list under "Other properties on Emerson Ave" to compare beds, baths, and sale history.
What are the property facts for 5055 Emerson Ave?
5055 Emerson Ave is a 3 bed, 1 bath, 1,560 sqft, 6,098 sqft lot single_family.
Is 5055 Emerson Ave a flip candidate?
No — 5055 Emerson Ave does not appear in our flips dataset.
Is 5055 Emerson Ave a tax-appeal candidate?
No — 5055 Emerson 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
+2.9%
Implied 1-yr
+11.5%
2026 Q3
$338.2K
2026 Q4
$346.4K
ZIP 55430 — Median Price History + Forecast

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