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3239 Penn Ave

Minneapolis, MN 55412

4 bd 2 ba 1,643 sqft Built 1920 Lot 5,227 sqft single_family
Most recent sale
$214,000
Dec 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2022 Sold $214,000 NorthstarMLS
Nov 21, 2022 Price changed $221,900 NorthstarMLS
Oct 27, 2022 Price changed $226,900 NorthstarMLS
Oct 13, 2022 Listed $229,900 NorthstarMLS
Nov 4, 2017 Sold $175,000 NorthstarMLS
Jul 26, 2017 Listed $175,000 NorthstarMLS
Apr 13, 2017 Sold $81,000 NorthstarMLS
Feb 15, 2017 Price changed $95,000 NorthstarMLS
Jan 3, 2017 Listing removed $125,000 NorthstarMLS
Jan 3, 2017 Listed $110,000 NorthstarMLS
Nov 19, 2016 Listed $125,000 NorthstarMLS
Oct 26, 1999 Sold $70,000 Public Record
Jul 12, 1994 Sold $22,500 Public Record
Jun 1, 1991 Sold $56,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $219,000 $27,000 $246,000 $907
2024 $219,000 $27,000 $246,000 $1,444
2022 $189,480 $2,631
2021 $159,505 $2,157
2020 $143,155 $2,096
2019 $143,155 $2,165
2018 $88,110 $1,917
2017 $105,000 $6,500 $111,500 $9,934
2016 $96,000 $6,500 $102,500 $4,591
2015 $82,500 $6,500 $89,000 $3,954
2014 $73,200 $8,800 $82,000 $3,007
2013 $75,000 $12,500 $87,500 $1,554
2012 $72,850 $1,323
2011 $94,100 $17,900 $112,000 $1,582
2010 $99,000 $25,500 $124,500 $1,681
2009 $121,000 $25,500 $146,500 $2,108
2008 $157,200 $25,400 $182,600 $3,736
2007 $144,100 $14,700 $158,800 $1,904

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,643 sqft
Lot size
5,227 sqft
ZIP code
55412
City
Minneapolis
Street
Penn Ave
Coordinates
45.01439, -93.30862

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
$2,465
Gross rental yield
13.82%
Implied cap rate
8.98%
Trend-extrapolated value

Frequently asked questions

When did 3239 Penn Ave last sell?
3239 Penn Ave most recently sold on Dec 21, 2022 for $214,000.
What is the current tax assessment for 3239 Penn Ave?
The most recent total assessment for 3239 Penn Ave (year 2025) is $246,000 with $907 in property tax.
How does 3239 Penn Ave's assessment compare to its last sale price?
The current assessment is 15.0% above the last sale price of $214,000.
When was 3239 Penn Ave built?
3239 Penn Ave was built in 1920.
How does 3239 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 3239 Penn Ave?
3239 Penn Ave is a 4 bed, 2 bath, 1,643 sqft, 5,227 sqft lot single_family.
Is 3239 Penn Ave a flip candidate?
No — 3239 Penn Ave does not appear in our flips dataset.
Is 3239 Penn Ave a tax-appeal candidate?
No — 3239 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
+1.0%
Implied 1-yr
+4.1%
2026 Q3
$241.7K
2026 Q4
$244K
ZIP 55412 — Median Price History + Forecast

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