157 W 3rd St

—
Beds
—
Baths
124,308 Sq. Ft.
$39 / Sq. Ft.
124,308
Sq. Ft.
$39
per Sq. Ft.

Description

The historic Kensington is a prime Investment property featuring a vibrant 55 plus community and an active commercial clientele. Currently 48 residential units and 10 commercial units. Located in the heart of Winona and within walking distance to restaurants, shopping, entertainment. Many updates have been recently completed in the last couple of years. Property has been mediculously maintained. Option to buy or lease parcel 320001380 (160 W 4th ST) a large commercial lot with garages and parking...The historic Kensington is a prime Investment property featuring a vibrant 55 plus community and an active commercial clientele. Currently 48 residential units and 10 commercial units. Located in the heart of Winona and within walking distance to restaurants, shopping, entertainment. Many updates have been recently completed in the last couple of years. Property has been mediculously maintained. Option to buy or lease parcel 320001380 (160 W 4th ST) a large commercial lot with garages and parking with potential for further development.
  1. Listed by Adam Weissenberger • Coldwell Banker Commercial River Valley
    P: (608)-386-9560 adam@cbrivervalley.com

Amenities

  • Basement
  • Full Basement
  • Garage
LISTING UPDATED: 09/26/2025 09:06 AM

Property Details for 157 West 3rd Street

StatusActive
MLS #1921246
Days on Compass230
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1890
Lot Size0.77 AC / 33,541 SF
CountyWinona County

Location

Listing Courtesy of Coldwell Banker Commercial River Valley
Add your commute

Building Information for 157 West 3rd Street

Stories-Residences-Year Built1890Building Size-Lot Size0.77 AC / 33,541 SF

Payment Calculator

$27,374 per month

30 year fixed, 6.15% Interest

Principal and Interest

$23,394

Property Taxes

$3,980

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 157 West 3rd Street

Summary
Location and General Information
  • Directions: From Hwy 61 and Huff, head north to 3rd Street. Turn Right to Johnson Street
  • Postal Code: 55987
  • Zoning Description: Commercial
Parking
  • Attached Garage: No
  • Parking Features: Indoor Space, Outdoor Space
Taxes and HOA
  • Parcel Number: 320001360
School Information
  • High School District: Winona Area (MN)
Property
Lot Information
  • Building Area Total: 124308.0
  • Lot Size Acres: 0.77
  • Lot Size Area: 0.77
  • Lot Size Square Feet: 33541.2
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Tenant's personal property, sellers personal property contact listing agents
  • Inclusions: Appliances and equipment in the building for all units. Contact listing agents Cherie Burke 507-450-7867 or Adam Weissenberger 608-386-9560
  • Year Built: 1890
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: Laundry Facilities, Brick, Block, Full
  • Basement: Yes
  • Bathrooms Total Integer: 0
  • Construction Materials: Other, Stone, Brick
Multi Family
Income & Expenses
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Operating Expense: $.00
Rental
Rent Information
  • Tenant Pays: Other

Property History for 157 West 3rd Street

DateEvent & SourcePriceAppreciation
Jun 6, 2025

Listed (Active)

MetroMLS #1921246

$4,800,000—
May 29, 2025

Off Market

MetroMLS #1911409

$5,975,000—
Mar 27, 2025

Listed (Active)

MetroMLS #1911409

$6,125,000—
Oct 6, 2020

Sold (Public Record)

Public Record #1416421316

—
Jul 6, 2017

Sold (Public Record)

Public Record #1266294479

—
DateEvent & SourcePrice
06/06/2025

Listed (Active)

MetroMLS #1921246

$4,800,000
05/29/2025

Off Market

MetroMLS #1911409

$5,975,000
03/27/2025

Listed (Active)

MetroMLS #1911409

$6,125,000
10/06/2020

Sold (Public Record)

Public Record #1416421316

—
07/06/2017

Sold (Public Record)

Public Record #1266294479

—

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 157 West 3rd Street

Taxable ValueLand$267,100Additions$2,501,300Total$2,768,400
Tax Record2024$47,760 ($3,980 / month)
Home Facts
Total Finished SqFt96,434 SqFtAbove Grade Finished SqFt96,434 SqFtStories4Lot Size33,585 SqFtStyleMiscellaneous CommercialYear Built1890CountyWINONAAPN32.000.1360

Schools near 157 West 3rd Street

This home is within Winona Area Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Washington Elementary School
PublicPK to 4

Winona Middle School
Public5 to 8

Winona Senior High School
Public9 to 12

Lacrescent Gr 9-12
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

157 West 3rd Street is a multi-family home for sale in Winona, MN 55987. This property was listed for sale on June 6, 2025 by Coldwell Banker Commercial River Valley, it's currently listed at $4,800,000. It has been on the market for a total of 230 days and was last sold on October 6, 2020. This listing's school district is Winona Area Public School District. Nearby schools include Washington Elementary School, Winona Middle School and Winona Senior High School. 157 West 3rd Street is a 0-bed, 0-bath, 124,308 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Commercial River Valley

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 09/26/2025 09:06 AM