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4523 Thomas Ave

Minneapolis, MN 55412

4 bd 3 ba 1,734 sqft Built 1947 Lot 6,534 sqft single_family
Most recent sale
$305,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $305,000 MLS #6174952
Apr 6, 2022 Listed $300,000 MLS #6174952
Mar 26, 2022 Listed $300,000 MLS #6169711
Aug 16, 2019 Sold $244,900 MLS #5245743
Jul 1, 2019 Listed $244,900 MLS #5245743
Nov 12, 1993 Sold $70,600 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,500 $3,509
2024 $243,980 $3,178
2023 $259,240 $3,213
2022 $203,000 $22,000 $225,000 $3,094
2021 $158,960 $2,151
2020 $140,975 $2,064
2019 $132,255 $2,006
2018 $118,085 $1,797
2017 $118,085 $1,848
2016 $118,085 $1,909
2015 $99,555 $1,702
2014 $91,925 $1,683
2013 $83,859 $1,549
2012 $94,378 $1,691
2011 $94,050 $32,200 $126,250 $1,831
2010 $94,250 $46,000 $140,250 $1,776
2009 $110,250 $46,000 $156,250 $2,046
2008 $149,750 $46,000 $195,750 $2,365
2007 $158,150 $35,000 $193,150 $2,608

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
1,734 sqft
Lot size
6,534 sqft
ZIP code
55412
City
Minneapolis
Street
Thomas Ave
Coordinates
45.03817, -93.31458

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,601
Gross rental yield
10.23%
Implied cap rate
6.65%
Trend-extrapolated value

Frequently asked questions

When did 4523 Thomas Ave last sell?
4523 Thomas Ave most recently sold on May 12, 2022 for $305,000.
What is the current tax assessment for 4523 Thomas Ave?
The most recent total assessment for 4523 Thomas Ave (year 2025) is $220,500 with $3,509 in property tax.
How does 4523 Thomas Ave's assessment compare to its last sale price?
The current assessment is 27.7% below the last sale price of $305,000.
When was 4523 Thomas Ave built?
4523 Thomas Ave was built in 1947.
How does 4523 Thomas Ave compare to others on Thomas Ave?
We track 8 other properties on Thomas Ave. Browse the list under "Other properties on Thomas Ave" to compare beds, baths, and sale history.
What are the property facts for 4523 Thomas Ave?
4523 Thomas Ave is a 4 bed, 3 bath, 1,734 sqft, 6,534 sqft lot single_family.
Is 4523 Thomas Ave a flip candidate?
No — 4523 Thomas Ave does not appear in our flips dataset.
Is 4523 Thomas Ave a tax-appeal candidate?
No — 4523 Thomas 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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