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$475,000

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 4 Total Beds
  • 1 Car Garage
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Full Property Details for 3940 Park Ave

General

  • Price: $475,000
  • Taxes: $8,634 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6818840
  • Updated: 2/4/2026
  • Added to Site: 104 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Hennepin
  • Township: Minneapolis
  • Neighborhood: 6
  • Driving Directions: BETWEEN CHICAGO AND PORTLAND AVE

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected, City Sewer in Street
  • Water: City Water (Connected), City Water (In-Street)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out
  • Foundation Size: 1276
  • Disability Access: None
  • Above Ground: 2,668 Sq. Ft.
  • Below Ground: 1,276 Sq. Ft.
  • Year Built: 1912

Lot Features

  • Lot Dimensions: 63 x 118
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $2,200
  • Tax Amount: $8,634
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: LOT 11, S 21FT OF LOT 10
  • Property ID: 1102824220096

Listed by Mazone Real Estate Group, Inc

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— 3940 Park Ave —

  • Mazone Real Estate Group, Inc

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3940 Park Ave

School District:Minneapolis Public School District
NameGradesDistance
Barton Open Elementary School
4237 Colfax Avenue South, Minneapolis, MN 55409
K-51.3 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-81.4 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3940 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/04/2026
Price Reduced
$475,000
-3.04%
MLS
11/20/2025
Listed
$489,900
47.89%
MLS
3/06/2002
Sold
$331,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3940 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,634
45%
$415,000
-7%
2023
$5,974
-1%
$445,000
-3%
2023
$6,052
1%
$460,000
11%
2020
$6,008
5%
$414,500
9%
2019
$5,698
16%
$381,320
17%
2018
$4,922
8%
$326,820
11%
2017
$4,548
—
$294,120
3%
2016
$4,570
11%
$285,945
17%
2015
$4,107
-4%
$243,980
3%
2014
$4,279
—
$236,895
—
2013
$4,297
—
$236,895
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Mazone Real Estate Group, Inc

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3940 Park Avenue, Minneapolis, MN 55407 (MLS# 6818840) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 3940 Park Avenue is currently listed for $475,000 and was received on November 20, 2025. Want to learn more about 3940 Park Avenue? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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