$1,065,000

3125 3rd Avenue S, Minneapolis, MN 55408

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$1,065,000

(30,000) 12/09/2025

3125 3rd Avenue S Minneapolis, MN 55408

For Sale MLS# 6789742

9,450 sq ft Commercial

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Data current as of 31/12/2025 20:35:13

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

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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

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

Schools nearby 3125 3rd Avenue S

Schools in attendance boundaries Grades Distance Rating
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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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