$505,000

506 3rd Ave NE Roseau, MN 56751

Estimated payment $3,207/month

Total Views 1,767
17 Beds
12 Baths
6,120 Sq Ft
$83 Price per Sq Ft

About This Home

This 12-unit apartment building has a mix of five 2-bedroom units and 7 1-bedroom units. Building consists of brick construction, on site laundry, boiler heat (paid by landlord), surface parking. Rents range from $510 to $600 with tenant responsible for electric. Overall performance could increase by implementing a Ratio Utility Billing System (RUBS) program to absorb some of the heat expense.

Listing Agent

Ryan Bohn

Crary Real Estate Listed on: 07/25/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,190

Year Built

  • Built in 1967

Lot Details

  • 0.48 Acre Lot

Interior Spaces

  • 6,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 17 Bedrooms
  • 12 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 540239200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,190

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Lot Size: Irreg
  • Property Sub Type: Multi Family
  • Prop. Type: MultiFamily
  • Year Built: 1967
  • Expenses Tax And Specials Exp: 7,150.00
  • Income Scheduled Rent: 6,635.00
  • Lot Size Acres: 0.48
  • Above Grade Finished Sq Ft: 6120.0
  • Architectural Style: 2 Story
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Total Bedrooms: 17

Garage/Parking

  • Attached Garage: No
  • General Property Information:Garage Type: None

Lot Info

  • Parcel #: 540239200
  • Zoning: A-1 Limited Development
  • Lot Size Sq Ft: 21000.0

Tax Info

  • Tax Annual Amount: 6190.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 For Sale $505,000 -- $83 / Sq Ft
Source: Grand Forks Area Association of REALTORS®

Source: Grand Forks Area Association of REALTORS®

MLS Number: 25-1134

Grand Forks Area Association of REALTORS®