$505,000

506 3rd Ave NE Roseau, MN 56751

Estimated payment $3,249/month

Total Views 11,472
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

  • 21,000 Sq Ft 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

0.48 Acres

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
  • Carport Y N: No
  • Unit Levels: Two
  • 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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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®
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