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2006 Penn Ave

Minneapolis, MN 55405

5 bd 4 ba 3,954 sqft Built 1909 Lot 7,405 sqft single_family
Most recent sale
$1,300,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2023 Sold $1,235,000 NorthstarMLS
Jul 8, 2022 Sold $1,300,000 MLS #6203716
May 27, 2022 Listed $1,149,000 MLS #6203716
May 14, 2017 Sold $840,000 MLS #4736241
Feb 21, 2017 Price changed $874,000 MLS #4736241
Jan 11, 2017 Price changed $897,000 MLS #4736241
Jul 6, 2016 Listed $934,000 MLS #4736241
Jun 30, 2016 Listing removed $979,000 NorthstarMLS
Jun 22, 2016 Price changed $979,000 MLS #4660386
Apr 28, 2016 Price changed $995,000 MLS #4660386
Nov 9, 2015 Listed $1,070,000 MLS #4660386
Sep 16, 2015 Sold $522,000 MLS #4561877
May 5, 2015 Sold $522,000 Public Record
Mar 9, 2015 Price changed $564,000 MLS #4561877
Feb 12, 2015 Listed $589,000 MLS #4561877

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $752,000 $345,000 $1,097,000 $19,940
2024 $751,000 $327,000 $1,078,000 $15,740
2023 $683,000 $327,000 $1,010,000 $14,770
2022 $620,000 $380,000 $1,000,000 $15,766
2021 $657,100 $342,900 $1,000,000 $15,231
2020 $657,100 $342,900 $1,000,000 $13,636
2019 $517,000 $323,000 $840,000 $14,026
2018 $517,000 $323,000 $840,000 $14,146
2017 $517,000 $323,000 $840,000 $16,128
2016 $656,400 $293,600 $950,000 $9,902
2015 $307,900 $293,600 $601,500 $10,383
2014 $307,900 $293,600 $601,500 $10,523
2013 $308,800 $264,200 $573,000 $10,954
2012 $370,300 $220,200 $590,500 $11,464
2011 $407,800 $220,200 $628,000 $11,900
2010 $455,300 $220,200 $675,500 $10,772
2009 $476,300 $220,200 $696,500 $10,887
2008 $476,300 $220,200 $696,500 $8,701
2007 $400,200 $147,400 $547,600 $7,568

Property facts

Year built
1909
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,954 sqft
Lot size
7,405 sqft
ZIP code
55405
City
Minneapolis
Street
Penn Ave
Coordinates
44.96249, -93.30873

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,931
Gross rental yield
5.47%
Implied cap rate
3.56%
Trend-extrapolated value

Frequently asked questions

When did 2006 Penn Ave last sell?
2006 Penn Ave most recently sold on Jul 8, 2022 for $1,300,000.
What is the current tax assessment for 2006 Penn Ave?
The most recent total assessment for 2006 Penn Ave (year 2025) is $1,097,000 with $19,940 in property tax.
How does 2006 Penn Ave's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $1,300,000.
When was 2006 Penn Ave built?
2006 Penn Ave was built in 1909.
How does 2006 Penn Ave compare to others on Penn Ave?
We track 8 other properties on Penn Ave. Browse the list under "Other properties on Penn Ave" to compare beds, baths, and sale history.
What are the property facts for 2006 Penn Ave?
2006 Penn Ave is a 5 bed, 4 bath, 3,954 sqft, 7,405 sqft lot single_family.
Is 2006 Penn Ave a flip candidate?
No — 2006 Penn Ave does not appear in our flips dataset.
Is 2006 Penn Ave a tax-appeal candidate?
No — 2006 Penn 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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