1403 Franklin Ave
Minneapolis, MN 55414
2 bd 3 ba 1,717 sqft Built 2004 townhomes
Most recent sale
$400,000
May 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 27, 2022 | Sold | $400,000 | MLS #6156104 |
| Apr 11, 2022 | Price changed | $409,900 | MLS #6156104 |
| Mar 18, 2022 | Listed | $429,900 | MLS #6156104 |
| Nov 18, 2016 | Listing removed | $2,295 | NorthstarMLS |
| Aug 25, 2016 | Price changed for rent | $2,295 | NorthstarMLS |
| Jul 26, 2016 | Price changed for rent | $2,400 | NorthstarMLS |
| Jul 14, 2016 | Listed for rent | $2,495 | NorthstarMLS |
| Jul 21, 2014 | Listing removed | $2,400 | NorthstarMLS |
| May 30, 2014 | Listed for rent | $2,400 | NorthstarMLS |
| Jul 8, 2011 | Listing removed | $299,900 | NorthstarMLS |
| Jun 13, 2011 | Listing removed | $311,900 | NorthstarMLS |
| May 4, 2011 | Listed | $299,900 | MLS #4042665 |
| Jul 20, 2010 | Price changed | $311,900 | MLS #3884755 |
| Feb 19, 2010 | Listed | $319,900 | MLS #3884755 |
| Jul 28, 2009 | Listing removed | $324,900 | NorthstarMLS |
| Nov 21, 2008 | Listed | $324,900 | MLS #3622110 |
| Jun 9, 2004 | Sold | $308,953 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $369,830 | $5,517 |
| 2024 | $376,000 | $48,000 | $424,000 | $5,534 |
| 2023 | $384,100 | $39,900 | $424,000 | $5,578 |
| 2022 | $356,600 | $39,900 | $396,500 | $5,495 |
| 2021 | $356,600 | $39,900 | $396,500 | $5,375 |
| 2020 | $356,600 | $39,900 | $396,500 | $5,655 |
| 2019 | $345,100 | $39,900 | $385,000 | $5,601 |
| 2018 | $330,100 | $39,900 | $370,000 | $5,278 |
| 2017 | $306,100 | $39,900 | $346,000 | $5,171 |
| 2016 | $290,600 | $39,900 | $330,500 | $5,542 |
| 2015 | $308,600 | $39,900 | $348,500 | $5,483 |
| 2014 | — | — | $324,095 | $5,466 |
| 2013 | — | — | $300,660 | $4,489 |
| 2012 | — | — | $244,525 | $4,599 |
| 2011 | — | — | $257,060 | $4,141 |
| 2010 | $206,200 | $46,300 | $252,500 | $3,823 |
| 2009 | $224,200 | $46,300 | $270,500 | $4,262 |
| 2008 | $249,100 | $46,300 | $295,400 | $3,861 |
| 2007 | $252,700 | $46,300 | $299,000 | $3,980 |
Property facts
Year built
2004
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,717 sqft
Lot size
—
ZIP code
55414
City
Minneapolis
Street
Franklin Ave
Coordinates
44.96489, -93.21835
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,576
Gross rental yield
7.73%
Implied cap rate
5.02%
Trend-extrapolated value
—
Frequently asked questions
When did 1403 Franklin Ave last sell?
1403 Franklin Ave most recently sold on May 27, 2022 for $400,000.
What is the current tax assessment for 1403 Franklin Ave?
The most recent total assessment for 1403 Franklin Ave (year 2025) is $369,830 with $5,517 in property tax.
How does 1403 Franklin Ave's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $400,000.
When was 1403 Franklin Ave built?
1403 Franklin Ave was built in 2004.
How does 1403 Franklin Ave compare to others on Franklin Ave?
We track 8 other properties on Franklin Ave. Browse the list under "Other properties on Franklin Ave" to compare beds, baths, and sale history.
What are the property facts for 1403 Franklin Ave?
1403 Franklin Ave is a 2 bed, 3 bath, 1,717 sqft townhomes.
Is 1403 Franklin Ave a flip candidate?
No — 1403 Franklin Ave does not appear in our flips dataset.
Is 1403 Franklin Ave a tax-appeal candidate?
No — 1403 Franklin 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
-8.4%
Implied 1-yr
-33.5%
2026 Q3
$326.3K
2026 Q4
$326.3K
ZIP 55414 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Ave