3125 3rd Ave S

Minneapolis, MN 55408

$1,095,000
Price
—
Beds
—
Baths
9,450 Sq. Ft.
$116 / Sq. Ft.
9,450
Sq. Ft.
$116
per Sq. Ft.

Description

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...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.
  1. Listed by Kubes Realty Inc

Property Details for 3125 3rd Avenue South

Neighborhood
Central
Subdivision Name
Third Ave Add
Zoning Jurisdiction
Residential-Multi-Family,Residential-Single Family
LISTING UPDATED: 11/03/2025 12:18 PM

Property Details for 3125 3rd Avenue South

StatusActive
MLS #6789742
Days on Compass145
Taxes$17,307 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1929
Lot Size0.13 AC / 5,662 SF
CountyHennepin County

Location

Listing Courtesy of Kubes Realty Inc
Add your commute

Building Information for 3125 3rd Avenue South

Stories-Residences10Year Built1929Lot Size0.13 AC / 5,662 SF

Payment Calculator

$6,779 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,337

Property Taxes

$1,442

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3125 3rd Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 35W to E 31st Street to South on 3rd Ave South.
  • Latitude: 44.945751
  • Longitude: -93.272451
  • Map Coordinate: 106-D4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55408
  • State Or Province: MN
  • Public Survey Township: 28
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 0302824110158
  • Tax Annual Amount: $17,307.00
  • Tax Legal Description: LOT 012 BLOCK 003 THIRD AVE ADDN TO MPLS
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 17307.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Current Use: Residential
  • Lot Features: Public Transit (w/in 6 blks), Some Trees
  • Lot Size Area: 0.13
  • Lot Size Dimensions: 45x128
  • Lot Size Units: Square Feet
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 9450.0
Property and Assessments
  • Age Of Property: 96
Utilities
  • Sewer: City Sewer - In Street
  • Utilities: Electric Separate
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 3150.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Type: Daylight/Lookout Windows, Storage Space
  • Amenities Unit: Hardwood Floors
  • Garage Square Feet: 0
  • Heating: Boiler
  • Levels: Three Or More
  • Number of Refrigerator: One Per Unit
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 2
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 3
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 4
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 5
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 6
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 7
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 8
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
Unit 9
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 0
Unit 10
  • Unit Bath Full: 1
  • Unit SqFt: 765
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1

Property History for 3125 3rd Avenue South

DateEvent & SourcePriceAppreciation
Nov 3, 2025

Price Change

NorthStar #6789742

$1,095,000—
Sep 16, 2025

Price Change

NorthStar #6789742

$1,125,000—
Sep 16, 2025

Listed (Active)

NorthStar #6789742

—
DateEvent & SourcePrice
11/03/2025

Price Change

NorthStar #6789742

$1,095,000
09/16/2025

Price Change

NorthStar #6789742

$1,125,000
09/16/2025

Listed (Active)

NorthStar #6789742

—

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

Public Records for 3125 3rd Avenue South

Taxable ValueLand$80,900Additions$868,100Total$949,000
Tax Record2025$17,308 ($1,442 / month)
Home Facts
Total Finished SqFt6,300 SqFtAbove Grade Finished SqFt6,300 SqFtStories2Lot Size5,663 SqFtStyleMulti-Family Res (5+ Units)Year Built1929ZoningR5CountyHENNEPINAPN03-028-24-11-0158

Schools near 3125 3rd Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Lyndale Elementary School
Public - PK to 5
Justice Page Middle School
Public - 6 to 8
Washburn Senior High School
Public - 9 to 12
Hmong International Academy
Public - PK to 8
Rating
School
Distance
Lyndale Elementary School
PublicPK to 5

Justice Page Middle School
Public6 to 8

Washburn Senior High School
Public9 to 12

Hmong International Academy
PublicPK to 8

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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More information about 3125 3rd Avenue South, Minneapolis, MN 55408

3125 3rd Avenue South is for sale in Minneapolis, MN 55408. This property was listed for sale on September 16, 2025 by Kubes Realty Inc, it's currently listed at $1,095,000. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Lyndale Elementary School, Justice Page Middle School and Washburn Senior High School. 3125 3rd Avenue South is a 0-bed, 0-bath, 9,450 sqft built in 1929.

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 Kubes Realty Inc

Based on information submitted to the MLS GRID as of 11/03/2025 12:18 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.