2 months on rocket

2525 3rd Ave S Unit 6, Minneapolis, MN, 55404

$90,000

Home List Price

$1,069*

Closing Credit

1 Bedroom
1 Full Bath
523 SqFt
$172/SqFt
Condo

Location

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2525 3rd Ave S Unit 6, Minneapolis$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1966
HeatingBaseboard
CoolingWall Unit(s)
BasementYes
MLS #6607862
StatusActive

About 2525 3rd Ave S Unit 6

Immerse yourself in the vibrant Whittier neighborhood with this garden-level condo, perfectly situated across from the Minneapolis College of Art and Design and the Minneapolis Institute of Art. Ideal for art lovers and urban explorers, this prime location offers easy access to Uptown, Downtown, and the bustling Eat Street. The condo includes convenient lot parking, low HOA fees of just $275, and amenities such as on-site laundry. This pet-friendly unit is a perfect blend of culture and convenience, making it an ideal home or investment opportunity. This property can also be sold as a package deal with Unit #9 at 2525 3rd Ave S and Unit #307 at 2500 Blaisdell Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 523 SqFt

Listing Office:

  • Office Name: VSM Real Estate LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: Nicollet to 24th east to 3rd Ave. south to property or Franklin to 3rd Ave. south to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $172/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

2525 3rd Ave S Unit 6 vs Minneapolis

88 DAYS ON ROCKET

+55 Days

$90,000

-$259.9K Less

$172/SqFt

-$30 Less

KEY TAKEAWAY

This property is $259.9K less than the Median Sold Price and $30/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6607862

Listing Office:

  • Office Name: VSM Real Estate LLC

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Last updated on: 12/21/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$792

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-865609
2
/10

  • Hennepin Elementary School

  • 2123 Clinton Ave

  • 0.35 miles

  • Public Charter Grades KG-5

school-card-donut-865610
2
/10

  • Whittier International Baccalaureate World School

  • 315 W 26th St

  • 0.57 miles

  • Public Magnet Grades PK-5

school-card-donut-865611
2
/10

  • Emerson Elementary School

  • 120 W 15th St

  • 0.91 miles

  • Public Magnet Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,208. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2525 3rd Ave S Unit 6

What is the listing price of this property?

The listing price of 2525 3rd Ave S Unit 6 property is $90,000.

What type of property is this?

The property 2525 3rd Ave S Unit 6 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 2525 3rd Ave S Unit 6 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 2525 3rd Ave S Unit 6 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2525 3rd Ave S Unit 6 is 523 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 3rd Ave S Unit 6 is 1966.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2525 3rd Ave S Unit 6

This home is located at 2525 3rd Ave S Unit 6 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 523 square foot home was built in 1966. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $90,000.

In November 2024, from all listings sold in Minneapolis, MN there were more than 283 sold above asking price, over 403 sold below and more than 203 were sold right at the asked price. The inventory of homes for sale in Minneapolis, MN between October 2024 and November 2024 decreased by 6.1%. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $349,986.

From Rocket Homes Real Estate and based on county public records data.

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