4021 Thomas Avenue NMinneapolis, MN 55412
$4.399 million
1.81 acre lot
About this home
Specialty Building offering three floors of offices, large class rooms, Commercial Kitchen, Gymnasium, social/Dining Hall elevator Air-Conditioned, and limited on-site parking. The seller states since purchase over $1M has bee invested in the building. With 28 offices and 34 class rooms, this specialty building offers several creative uses from office use, Education, Charter School, Medical use, transformation into housing, etc. Ideally this building wood be ideal for a 55+ Community being able to house in individual apartments and offer meals being served in the dinning hall. Support business's including clinic, Dentist, Social/Counselor, Barber shop and Hair Saloon, small convenience store, community Garden, outdoor patio, small movie theater, exercise room, craft room and Library, etc. How about an indoor Pickle Ball Court? Great potential and a start to an already well kept facility. SALE PRICE IS NEGOTIABLE and POSSIBLE LEASE TO QUALIFIED PARTY
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1950
- Lot
- 1.81 acres
- Heating
- Natural Gas, Steam
- Listed
- February 17, 2026
- MLS number
- 7022923
Listing courtesy of Keller Williams Select Realty (Leslie J. Racine). MLS #7022923.
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
How it compares
4021 Thomas Avenue N, Minneapolis, MN 55412 is a single-family home built in 1950 in Victory, listed for $4.399 million on February 17, 2026 by Keller Williams Select Realty. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Victory, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
Compare
Similar homes for sale in Minneapolis
$4,599,0002388 W Lake Of The Isles Parkway, Minneapolis, MN 55405MLS #6558111Listing courtesy of Coldwell Banker Realty - Lakes
$3,750,0004224 Fremont Avenue S, Minneapolis, MN 55409MLS #7113812Listing courtesy of Compass
$3,500,0001844 Central Avenue NE, Minneapolis, MN 55418MLS #7046184Listing courtesy of RE/MAX Results
$5,600,0002870 & 2876 & 2 Humboldt Avenue S, Minneapolis, MN 55408MLS #7107359Listing courtesy of RE/MAX Results
$3,000,0003809 42nd Avenue S, Minneapolis, MN 55406MLS #7103664Listing courtesy of Northstar Real Estate Associates
$3,000,0002224 W Lake Of The Isles Parkway, Minneapolis, MN 55405MLS #7070909Listing courtesy of Edina Realty, Inc.