521 3rd Ave SW Cambridge, MN 55008
Estimated payment $2,230/month
Highlights
- Forced Air Heating System
- Baseboard Heating
- 4-minute walk to Cambridge city park
About This Home
Don't miss this opportunity to own a prime investment property. This 3 unit rental property is well maintained and is located in the heart of Cambridge. This versatile property includes one cozy one bedroom unit and two spacious 2 bedroom units, perfect for attracting a variety of tenants. Ideal for investors seeking steady income or looking to rent out one unit while renting the others. Lower unit has updated bathroom and new carpet through out. Close to the city park, restaurants, and shops. 2 units have forced air heat and central AC units. Aluminum siding with a paved private parking area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,944
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 70 x 142
Home Design
- Triplex
Interior Spaces
- 1.5-Story Property
- Finished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Forced Air Heating System
- Baseboard Heating
Community Details
- 3 Units
- Congers Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 150480350
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $3,796 | $262,100 | $19,900 | $242,200 |
| 2024 | $3,944 | $270,600 | $17,400 | $253,200 |
| 2023 | $3,292 | $270,600 | $17,400 | $253,200 |
| 2022 | $2,802 | $214,400 | $17,400 | $197,000 |
| 2021 | $2,766 | $157,800 | $17,400 | $140,400 |
| 2020 | $2,898 | $155,400 | $17,400 | $138,000 |
| 2019 | $2,782 | $161,400 | $0 | $0 |
| 2018 | $2,818 | $145,700 | $0 | $0 |
| 2016 | $3,098 | $0 | $0 | $0 |
| 2015 | $3,284 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $359,900 | 0.0% | $135 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 07/25/2025 07/25/25 | Price Changed | $359,900 | +2.8% | $135 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $349,999 | -- | $131 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $135,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101 | Commercial | |
| Open | $101,250 | No Value Available | |
| Previous Owner | $147,800 | Commercial |
Source: NorthstarMLS
MLS Number: 6760219
APN: 15.048.0350
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.
Based on information submitted to the MLS GRID. 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.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
- 630 3rd Ave SW
- 436 6th Ave SW
- 239 6th Ave SW
- 222 Birch St N
- 828 Cypress St S
- 830 Dellwood St S
- 5xx 4th Ave NW
- XXXX 3rd Ave NE
- 444 Maple Dell Rd
- 925 6th Ave NW
- 726 Centennial St
- 100 11th Ave SE
- TBD Garfield St S
- 912 Garfield St S
- 1010 Garfield St S
- 1341 Carriage Hills Dr S
- 1140 Carriage Hills Dr S
- 33388 Rochester St NE
- 402 Redwood St N
- 406 Redwood St N