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5424 Penn Ave

Minneapolis, MN 55419

5 bd 3 ba 2,406 sqft Built 1948 Lot 7,405 sqft multi_family
Most recent sale
$139,000
Apr 29, 1998

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Relisted $470,000 MLS #6155875
Aug 19, 2022 Price changed $480,000 MLS #6155875
Jul 23, 2022 Listed $500,000 MLS #6155875
Apr 29, 1998 Sold $139,000 Public Record
Aug 31, 1994 Sold $95,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $345,000 $217,000 $562,000 $8,971
2023 $290,000 $217,000 $507,000 $6,683
2022 $305,000 $136,000 $441,000 $6,547
2021 $250,600 $179,900 $430,500 $6,213
2020 $250,600 $179,900 $430,500 $6,464
2019 $277,400 $136,600 $414,000 $6,051
2018 $373,145 $5,440
2017 $329,000 $4,843
2016 $281,040 $4,567
2015 $253,790 $4,670
2014 $247,250 $4,324
2013 $210,190 $3,772
2012 $198,200 $3,504
2011 $198,200 $3,573
2010 $96,400 $128,100 $224,500 $3,595
2009 $128,400 $128,100 $256,500 $3,637
2008 $128,400 $128,100 $256,500 $3,760
2007 $198,500 $93,100 $291,600 $3,842

Property facts

Year built
1948
Property type
multi_family
Stories
1
Beds
5
Baths
3
Living area
2,406 sqft
Lot size
7,405 sqft
ZIP code
55419
City
Minneapolis
Street
Penn Ave
Coordinates
44.90416, -93.30905

Comparable properties nearby

Frequently asked questions

When did 5424 Penn Ave last sell?
5424 Penn Ave most recently sold on Apr 29, 1998 for $139,000.
What is the current tax assessment for 5424 Penn Ave?
The most recent total assessment for 5424 Penn Ave (year 2024) is $562,000 with $8,971 in property tax.
How does 5424 Penn Ave's assessment compare to its last sale price?
The current assessment is 304.3% above the last sale price of $139,000.
When was 5424 Penn Ave built?
5424 Penn Ave was built in 1948.
How does 5424 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 5424 Penn Ave?
5424 Penn Ave is a 5 bed, 3 bath, 2,406 sqft, 7,405 sqft lot multi_family.
Is 5424 Penn Ave a flip candidate?
No — 5424 Penn Ave does not appear in our flips dataset.
Is 5424 Penn Ave a tax-appeal candidate?
No — 5424 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
-0.7%
Implied 1-yr
-2.7%
2026 Q3
$535.6K
2026 Q4
$531.9K
ZIP 55419 — Median Price History + Forecast

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