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3816 Garfield Ave

Minneapolis, MN 55409

4 bd 3 ba 2,661 sqft Built 1910 Lot 4,792 sqft multi_family
Most recent sale
$540,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $540,000 MLS #6150213
Feb 19, 2022 Relisted $540,000 MLS #6150213
Feb 7, 2022 Listed $540,000 MLS #6150213
Jun 17, 2021 Listed for rent $2,500 AppfolioUnits
Jun 21, 2017 Sold $375,000 MLS #4830041
May 15, 2017 Listed $359,900 MLS #4830041
Jun 23, 1999 Sold $128,000 Public Record
Mar 14, 1997 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $463,570 $6,901
2024 $299,000 $178,000 $477,000 $6,226
2023 $293,000 $173,000 $466,000 $6,817
2022 $280,500 $143,000 $423,500 $7,194
2021 $324,500 $99,000 $423,500 $6,918
2020 $337,500 $66,000 $403,500 $7,132
2019 $369,875 $5,529
2018 $326,275 $4,914
2017 $285,945 $4,423
2016 $255,970 $4,099
2015 $237,440 $3,997
2014 $201,470 $3,651
2013 $185,665 $3,384
2012 $185,665 $3,300
2011 $147,200 $68,300 $215,500 $3,429
2010 $170,700 $68,300 $239,000 $3,334
2009 $170,700 $68,300 $239,000 $3,377
2008 $192,700 $68,300 $261,000 $3,323
2007 $193,100 $44,000 $237,100 $3,078

Property facts

Year built
1910
Property type
multi_family
Stories
2
Beds
4
Baths
3
Living area
2,661 sqft
Lot size
4,792 sqft
ZIP code
55409
City
Minneapolis
Street
Garfield Ave
Coordinates
44.93349, -93.28730

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,992
Gross rental yield
8.87%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 3816 Garfield Ave last sell?
3816 Garfield Ave most recently sold on Jun 3, 2022 for $540,000.
What is the current tax assessment for 3816 Garfield Ave?
The most recent total assessment for 3816 Garfield Ave (year 2025) is $463,570 with $6,901 in property tax.
How does 3816 Garfield Ave's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $540,000.
When was 3816 Garfield Ave built?
3816 Garfield Ave was built in 1910.
How does 3816 Garfield Ave compare to others on Garfield Ave?
We track 8 other properties on Garfield Ave. Browse the list under "Other properties on Garfield Ave" to compare beds, baths, and sale history.
What are the property facts for 3816 Garfield Ave?
3816 Garfield Ave is a 4 bed, 3 bath, 2,661 sqft, 4,792 sqft lot multi_family.
Is 3816 Garfield Ave a flip candidate?
No — 3816 Garfield Ave does not appear in our flips dataset.
Is 3816 Garfield Ave a tax-appeal candidate?
No — 3816 Garfield 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
-11.7%
2026 Q3
$421.9K
2026 Q4
$421.9K
ZIP 55409 — Median Price History + Forecast

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