Sold
Last Sold Price
4 beds3,209 sqft
240 3rd St, Excelsior, MN 55331
Multi FamilyProperty Type
0.26 acresLot Size
1875Year Built
$67/sq ftPrice per sq ft
1 carParking Spaces

Description

Vintage duplex in the heart of excelsior. Features high ceilings, nice sized rooms, screened porches. Some updates needed. Great potential for owner-occupant or single family home. Short walk to historic downtown Excelsior and Lake Minnetonka.Vintage duplex in the heart of excelsior. Features high ceilings, nice sized rooms, screened porches. Some updates needed. Great potential for owner-occupant or single family home. Short walk to historic downtown Excelsior and Lake Minnetonka.
  • Listed by: Suellen F Douglas 612.720.3600 suellen.homes@gmail.com • Excelsior Real Estate, Inc
Listing closed: 09/19/2011 12:00 AM • Source: Lake Superior Area REALTORS as distributed by MLS GRID, MLS#: 1696163

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Recent comparable sales

Median sold price

$655,000

Avg days on market

52

Sale-to-list ratio

99.9%

Excelsior, MN

9 comparable properties found

$560,000 | 10 Wildhurst Road, Excelsior, MN 55331
1

$560,000

Sold 05/12/25

4
Bedrooms
2
Bathrooms
3,292
Square Feet
0.82
Acres
$850,000 | 65 Interlachen Lane, Excelsior, MN 55331
2

$850,000

Sold 06/30/26

4
Bedrooms
2,827
Square Feet
0.37
Acres
$1,115,750 | 20381 Excelsior Boulevard, Excelsior, MN 55331
3

$1,115,750

Sold 07/06/26

4
Bedrooms
3,077
Square Feet
0.35
Acres
$640,000 | 5660 Grant Lorenz Road, Excelsior, MN 55331
1/53
4

$640,000

Sold 06/04/26

4
Bedrooms
3,294
Square Feet
1.34
Acres
$749,000 | 19415 Vine Ridge Road, Excelsior, MN 55331
5

$749,000

Sold 02/12/26

4
Bedrooms
3,360
Square Feet
0.26
Acres
$1,040,000 | 168 1st Street, Excelsior, MN 55331
6

$1,040,000

Sold 08/15/25

4
Bedrooms
3,000
Square Feet
0.14
Acres
$655,000 | 703 2nd Avenue, Excelsior, MN 55331
1/32
7

$655,000

Sold 07/02/25

4
Bedrooms
2,912
Square Feet
0.21
Acres
$600,000 | 6180 Chaska Road, Excelsior, MN 55331
8

$600,000

Sold 06/01/26

4
Bedrooms
3,322
Square Feet
0.67
Acres
9

$190,000

Sold 01/31/25

4
Bedrooms
3
Bathrooms
2,492
Square Feet
1.4
Acres

Amenities

  • Dryer
  • Forced Air
  • High Ceilings
  • Parking Included
  • Partial Basement
  • Range
  • Refrigerator
  • Washer

Location

Listing Courtesy of Excelsior Real Estate, Inc

Sold By Non-MLS

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Property Information for 240 3rd Street

Property Details
  • Taxes: $3,791 / year
  • MLS Type: Residential Income / Multi Family
Building Information
  • Year Built: 1875
  • Lot Size: 0.26 AC / 11,325 SF
Summary
Location and General Information
  • Directions: Downtown Excelsior on Water Street West 2 blks. on 3rd Street to 240.
  • Latitude: 45
  • Longitude: -94
  • MLSArea Major: LSAR
Parking
  • Garage Spaces: 1.0
  • Garage Type: Tuckunder
  • Parking Features: Gravel
School Information
  • High School District: Minnetonka #276
Taxes and HOA
  • Taxes With Assessments: 3815.26
  • Tax Annual Amount: $3,791.00
  • Tax Legal Description: Lot 000 Block 000 AUDITOR'S SUBD. NO. 135 LOT 234 AND ABANDONED 50 FT R/W OF M ST P AND SUB RY ACROSS THE NWLY 1/2 OF LOT 47 EXCELSIOR
  • Tax Year: 2011
Property
Lot Information
  • Above Grade Finished Area: 2873.0
  • Below Grade Finished Area: 336.0
  • Living Area: 3209.0
  • Lot Features: Pub. Transit (w/in 6 blk), Some Trees
  • Lot Size Acres: 0.26
  • Lot Size Dimensions: N 90X120X90X135
  • Basement Square Feet: ***
  • Condo Type: Side by Side
Property and Assessments
  • Development Status: Previously Owned
  • Assessment Balance: 0
  • Available Development Units: 2
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1875
Multi Family
Income & Expenses
  • Other Yearly Expenses: 0
Unit Information
Unit 1
  • Unit Appliances: Dryer,Range/Stove,Refrigerator,Washer
  • Unit Full Bathrooms: 0
  • Unit Half Bathrooms: 0
  • Unit Number: 1
  • Unit Number Of Rooms: 7
  • Unit One Quarter Bathrooms: 1
  • Unit Square Footage: 1680
  • Unit Three Quarter Bathrooms: 1
  • Unit Type Actual Rent: $1,000.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Unit Appliances: Dryer,Range/Stove,Refrigerator,Washer
  • Unit Full Bathrooms: 1
  • Unit Half Bathrooms: 0
  • Unit Number: 2
  • Unit Number Of Rooms: 6
  • Unit One Quarter Bathrooms: 0
  • Unit Square Footage: 1529
  • Unit Three Quarter Bathrooms: 0
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Unit Type Type: Unit 3
Unit 4
  • Unit Type Type: Unit 4
Unit 5
  • Unit Type Type: Unit 5
Unit 6
  • Unit Type Type: Unit 6
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Board
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Basement: Partial
  • Heating: Forced Air
Agent
Agent Information
  • Listing Agent Primary Office: ***
Sale and Listing
  • Auction: No
  • Auction End Date: ***
  • Management Company: ***
  • Management Company Phone Email: ***
  • Transaction Type: For Sale
Rental
Rent Information
  • Lender Owned: No
  • Tenant Pays: Electricity, Fuel

Property History for 240 3rd Street

DateEvent & SourcePriceAppreciation
Sep 19, 2011

Sold

Lake Superior Area REALTORS #1696163

$215,000—
Jul 19, 2011

Pending

Lake Superior Area REALTORS #1696163

—
Jun 6, 2011

Listed (Active)

Lake Superior Area REALTORS #1696163

$275,000—
DateEvent & SourcePrice
09/19/2011

Sold

Lake Superior Area REALTORS #1696163

$215,000
07/19/2011

Pending

Lake Superior Area REALTORS #1696163

—
06/06/2011

Listed (Active)

Lake Superior Area REALTORS #1696163

$275,000

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

Public Records for 240 3rd Street

Taxable ValueLand$753,300Additions$808,300Total$1,561,600
Tax Record2025$21,637 ($1,803 / month)
Home Facts
Beds3Baths4.2Total Finished SqFt2,807 SqFtAbove Grade Finished SqFt2,807 SqFtStories2Lot Size11,326 SqFtStyleSingle Family ResidenceYear Built1900Year Renovated2006CountyHENNEPINAPN34-117-23-12-0029

Schools near 240 3rd Street

This home is within Minnetonka Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 12
Rating
School
Distance
Excelsior Elementary School
PublicK to 5

Minnetonka West Middle School
Public6 to 8

Minnetonka Senior High School
Public9 to 12

Shorewood Education Center
Public12

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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 240 3rd Street, Excelsior, MN 55331
$215,000
4
3,209
11,325
$829,000
3
2,766
5,227
$400,000
4
1,276
7,840
$1,355,000
4
–
7,405
$655,000
3
1,783
7,405
$500,000
–
–
–
7,840

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Excelsior Real Estate, Inc

Based on information submitted to the MLS GRID as of 05/02/2025 01:40 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.