$499,900

3201 3rd Ave S Minneapolis, MN 55408

Central Neighborhood

Estimated payment $3,226/month

Total Views 2,942
6 Beds
3 Baths
3,144 Sq Ft
$159 Price per Sq Ft

Highlights

  • Corner Lot
  • Forced Air Heating System
  • Property is Fully Fenced
  • Washburn High School Rated A-
  • Laundry Facilities

About This Home

Large, updated triplex in a prime location. The upper unit offers two spacious bedrooms, the main floor unit features two bedrooms with vaulted ceilings and a separate dining area, and the lower level unit includes two bedrooms with a comfortable layout. Built in 1979, this newer multi-family property has been well maintained with a new roof, fresh exterior paint, and updates throughout. All units feature LVP flooring, along with modernized kitchens including updated cabinets, counters, and appliances. Situated on a corner lot with a large backyard, the property offers private entrances for each unit, separate laundry and storage areas, and coin-operated laundry for additional income. Street parking is available.

Listing Agent

Corey Wright

Rize Realty Listed on: 04/20/2026

Co-Listing Agent

Benjamin Kirby

Rize Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,912

Year Built

  • Built in 1979

Lot Details

  • Lot Dimensions are 45x128
  • Property is Fully Fenced
  • Corner Lot

Home Design

  • Triplex
  • Fiberglass Siding

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • Basement Window Egress

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 0302824140228

Community Details

Overview

  • 3 Units
  • Wolvertons Add Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,912

Year Built

Built in 1979

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Triplex
  • Outside Features: Fiber Board
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 2072
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full
  • Living Area: 3144
  • Below Grade Finished Sq Ft: 1072
  • Basement YN: Yes
  • Total Rooms: 6

Beds/Baths

  • Total Bedrooms: 6

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Full
  • Foundation Details: Block
  • Neighborhood: 11

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: In Basement, Common Area
  • Fuel: Natural Gas

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictPhone: 6126680000

Lot Info

  • Lot Size: 45x128
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Units Total: 3

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0302824140228
  • Tax Annual Amount: 6912
  • TaxWithAssessments: 6912

Multi Family

  • Number Of Refrigerators: Three

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,912 $379,000 $48,000 $331,000
2023 $6,612 $379,000 $45,000 $334,000
2022 $3,566 $291,000 $45,000 $246,000
2021 $3,170 $269,000 $32,000 $237,000
2020 $3,198 $250,000 $31,200 $218,800
2019 $2,977 $218,500 $20,800 $197,700
2018 $2,681 $198,500 $20,800 $177,700
2017 $2,480 $162,500 $18,900 $143,600
2016 $2,709 $171,000 $18,900 $152,100
2015 $2,146 $149,000 $18,900 $130,100
2014 -- $138,000 $18,900 $119,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2026 04/23/26 For Sale $499,900 -- $159 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $440,000 None Listed On Document
Warranty Deed $440,000 Land Title
Quit Claim Deed $440,000 None Listed On Document
Warranty Deed $310,000 Land Title
Warranty Deed $310,000 Land Title Inc
Warranty Deed $310,000 Land Title Inc
Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 New Conventional
Previous Owner $232,500 Commercial
Closed $232,500 No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 7056732

NorthstarMLS

APN: 03-028-24-14-0228

Minnesota Hennepin County Minneapolis 55408 Central

3201 3rd Ave S, Minneapolis, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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