3125 3rd Avenue S Minneapolis, MN 55408
For Sale MLS# 6789742
9,450 sq ft Commercial
Details for 3125 3rd Avenue S
MLS# 6789742
Description for 3125 3rd Avenue S, Minneapolis, MN, 55408
Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.
Listing Information
Property Type: Commercial, Apartments/Multi Family
Status: Active
Bedrooms: 10
Bathrooms: 10
Lot Size: 0.13 Acres
Square Feet: 9,450 sq ft
Year Built: 1929
Foundation: 3,150 sq ft
Stories: Three Or More
Subdivision: Third Ave Add
Number Of Units Total: 10
Current Use: Residential
County: Hennepin
Days On Market: 106
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Appliances: Range, Refrigerator
Flooring: Wood
Basement: Daylight/Lookout Windows, Storage Space
Additional Interior Features: Hardwood Floors
Utilities
Water: City Water/Connected
Sewer: City Sewer - In Street
Other Utilities: Electric Separate
Heating: Natural Gas, Boiler
Exterior / Lot Features
Open Parking: 2
Parking Description: Garage Sq Ft - 0.00
Exterior: Brick/Stone
Roof: Age Over 8 Years
Lot Dimensions: 45x128
Zoning: Residential-Multi-Family,Residential-Single Family
Topography: Level
Fencing: Chain Link
Additional Exterior/Lot Features: Tree Coverage - Light, Public Transit (w/in 6 blks), Land Inclusions - Building,Leases,Rental License, Road Frontage - City
Unit Information
Unit 1 Baths Total: 1
Unit 1 Beds Total: 1
Unit 2 Baths Total: 1
Unit 2 Beds Total: 1
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 4 Baths Total: 1
Unit 4 Beds Total: 1
Unit 5 Baths Total: 1
Unit 5 Beds Total: 1
Unit 6 Baths Total: 1
Unit 6 Beds Total: 1
Driving Directions
35W to E 31st Street to South on 3rd Ave South.
Financial Considerations
Tenant Pays: Electric
Owner Pays: Grounds Care,Heat,Maintenance/Repair,Management,Sewer
Tax/Property ID: 0302824110158
Tax Amount: 17307
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Kubes Realty Inc
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3125 3rd Avenue S
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3125 3rd Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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