3531 Penn Ave N, Minneapolis, MN 55412
OFF MARKET

$176,200

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 735 sqft

3531 Penn Ave N, Minneapolis, MN 55412

Cleveland
Currently Off Market - Sold Oct 16, 2018 for $105,000

Home Value

Trulia Estimate
$176K
Since last month
Decreased$3K (-1.5%)
Since last year
Increased$4K (+2.5%)
Since last sale
Increased$70K (+66.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +84% in the last 10 years
MonthEstimated value
2026
August 2026$175K
July 2026$178K
June 2026$180K
May 2026$177K
April 2026$174K
March 2026$170K
February 2026$166K
January 2026$164K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.17
Single-Family Home
$158,000
08/21/26
2
1
688
0.09
Single-Family Home
$188,500
12/29/25
2
1
950
0.30
Single-Family Home
$110,000
10/03/25
2
1
902
0.32
Single-Family Home
$115,000
06/23/26
2
1
864
0.17
Single-Family Home
$92,000
06/12/26
3
1
982
0.24
Single-Family Home
$195,000
07/30/26
2
1
846
0.24
Single-Family Home
$215,000
03/20/26
2
1
832
0.07
Single-Family Home
$211,000
06/25/26
3
1
1,002
0.03
Single-Family Home
$205,114
07/02/26
3
1
1,165
0.11
Single-Family Home
$100,000
03/27/26
3
1
1,728

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$330,000
6
2
1,876
Recently Sold
0.03
$127,500
4
2
2,042
Recently Sold
0.07
$291,400
3
1.5
1,870
Off Market
0.07
$211,000
3
1
1,002
Recently Sold
0.06
$329,700
3
1
2,347
Off Market
0.08
$225,000
3
2
1,540
Recently Sold
0.08
$282,500
5
2
2,163
Off Market
0.06
$294,200
3
2
1,845
Off Market
0.09
$240,000
3
1
1,353
Recently Sold
0.09
$188,500
2
1
950
Recently Sold
0.11
$175,000
3
1
1,040
For Sale
0.11
$230,100
4
1
1,310
Off Market

Local Information

  • Map ViewExplore the area around 3531 Penn Ave N.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1924
Living Area
735 sqft
Price/Sqft
$240
Parking
Garage

About this House

This single-family home is located at 3531 Penn Ave N, Minneapolis, MN. 3531 Penn Ave N is in the Cleveland neighborhood in Minneapolis, MN and in ZIP code 55412. This property has 2 bedrooms, 1 bathroom and approximately 735 sqft of floor space. This property has a lot size of 5227 sqft and was built in 1924.
3531 Penn Ave N, Minneapolis, MN 55412 is a 2 bedroom, 1 bathroom, 735 sqft single-family home in Cleveland, built in 1924. It last sold for $105,000 on Oct 16, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $176,200, with a rent estimate of $1,554/month.

Home Details for 3531 Penn Ave N

Interior Features

Interior Details
BasementNumber of Rooms: 5Types of Rooms: Dining RoomCeiling Fan
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Appliances & Utilities
DishwasherDryerRefrigeratorWasher

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: StuccoPorch
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1924
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 5227 sqft

Price and Tax history

DateEventPrice
Oct 16, 2018
Source: NorthstarMLS as distributed by MLS GRID #5002019
Sold
$105,000
Sep 10, 2018
Source: Agent Provided
Listed For Sale
$99,000

Market trends in Minneapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$345K
$33
MoM
Sale-to-List Price
100.0%
Price per sq ft
$203
$5
MoM
Available listings
1461
73
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Cleveland

At least 15 Trulia users voted on each feature.
  • 94 % Say there are sidewalks

  • 91 % Say it's dog friendly

  • 88 % Say yards are well-kept

  • 88 % Say parking is easy

  • 74 % Say kids play outside

  • 68 % Say car is needed

  • 63 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 60 % Say streets are well-lit

  • 60 % Say there's holiday spirit

  • 59 % Say it's walkable to restaurants

  • 59 % Say it's walkable to grocery stores

  • 59 % Say neighbors are friendly

  • 50 % Say there are community events

  • 29 % Say there's wildlife

  • 28 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Hprqk2ycwh
    "Minneapolis school systems are not the greatest. I have not felt the safest in this area since moving here. This is why we are moving. My family needs a safer environment. We strive to have the safest area for our kids to play freely in our backyard and we have to have cameras on 24/7 watching all of our belongings as there are thieves everywhere breaking into cars, garages, homes and whatever they can get into. "
  • Barb
    "Lots of street noise and fireworks all year long. You see neighbors helping people out of the snow when they’re stuck but in the winter it’s pretty quiet and people stay inside. "
  • Sarah S.
    "Easy access to the parkway and Dog friendly neighborhood. City sidewalks and nice neighbors..........."
  • Zitaskid
    "Neighbors are helpful and considerate and are always improving the value and appearance of their properties."

LGBTQ Local Legal Protections

Frequently asked questions about 3531 Penn Ave N

  • What is 3531 Penn Ave N estimated to be worth?
    Trulia's estimated value for 3531 Penn Ave N in Minneapolis, MN is $176,200.
  • What is the price history for 3531 Penn Ave N?
    3531 Penn Ave N in Minneapolis, MN last sold for $105,000 in October 2018.
  • Is Minneapolis a buyer's or seller's market?
    Minneapolis is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Minneapolis?
    The median sale price in Minneapolis is $345K. That is up $33 from the prior month.
  • Does 3531 Penn Ave N have laundry facilities?
    Yes, 3531 Penn Ave N in Minneapolis, MN has in-unit laundry.
  • How big is the lot at 3531 Penn Ave N?
    The lot at 3531 Penn Ave N in Minneapolis, MN is about 0.12 acres (5,227 sq ft).

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