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6031-33 Penn Ave

Minneapolis, MN 55419

6 bd 4 ba 4,032 sqft Built 1957 Lot 8,276 sqft multi_family
Most recent sale
$578,000
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $578,000 MLS #6175945
May 19, 2022 Listed $585,000 MLS #6175945
Jun 12, 2019 Sold $527,700 Public Record
Nov 16, 2018 Sold $435,100 Public Record
Jul 3, 2014 Sold $282,000 MLS #4452742
Apr 25, 2014 Price changed $284,500 MLS #4452742
Mar 31, 2014 Price changed $299,500 MLS #4452742
Mar 5, 2014 Listed $320,100 MLS #4452742
Feb 27, 2007 Sold $381,500 Public Record
Nov 13, 1996 Sold $135,000 Public Record
Apr 15, 1996 Sold $149,000 Public Record
Jun 20, 1990 Sold $113,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $404,000 $154,000 $558,000 $8,466
2024 $403,000 $149,000 $552,000 $7,343
2023 $355,000 $125,000 $480,000 $6,307
2022 $349,000 $68,000 $417,000 $5,778
2020 $360,065 $5,230
2019 $324,095 $4,855
2018 $220,500 $75,500 $296,000 $5,428
2017 $227,400 $68,600 $296,000 $5,546
2016 $227,400 $68,600 $296,000 $5,783
2015 $227,400 $68,600 $296,000 $5,990
2014 $193,000 $64,500 $257,500 $6,202
2013 $243,435 $4,398
2012 $243,435 $4,285
2011 $178,000 $85,500 $263,500 $4,258
2010 $224,500 $85,500 $310,000 $4,423
2009 $224,500 $85,500 $310,000 $4,473
2008 $237,500 $85,500 $323,000 $4,182
2007 $274,200 $65,800 $340,000 $5,751

Property facts

Year built
1957
Property type
multi_family
Stories
1
Beds
6
Baths
4
Living area
4,032 sqft
Lot size
8,276 sqft
ZIP code
55419
City
Minneapolis
Street
Penn Ave
Coordinates
44.89318, -93.30827

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,048
Gross rental yield
12.56%
Implied cap rate
8.16%
Trend-extrapolated value

Frequently asked questions

When did 6031-33 Penn Ave last sell?
6031-33 Penn Ave most recently sold on Jun 17, 2022 for $578,000.
What is the current tax assessment for 6031-33 Penn Ave?
The most recent total assessment for 6031-33 Penn Ave (year 2025) is $558,000 with $8,466 in property tax.
How does 6031-33 Penn Ave's assessment compare to its last sale price?
The current assessment is 3.5% below the last sale price of $578,000.
When was 6031-33 Penn Ave built?
6031-33 Penn Ave was built in 1957.
How does 6031-33 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 6031-33 Penn Ave?
6031-33 Penn Ave is a 6 bed, 4 bath, 4,032 sqft, 8,276 sqft lot multi_family.
Is 6031-33 Penn Ave a flip candidate?
Yes — 6031-33 Penn Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 6031-33 Penn Ave a tax-appeal candidate?
No — 6031-33 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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