1 year on rocket

3524 3rd Ave S, Minneapolis, MN, 55408

$349,900

Home List Price

$4,155*

Closing Credit

0 Baths
2,536 SqFt
$138/SqFt
Multi

Location

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3524 3rd Ave S, Minneapolis$349,900

Buyer Closing Credits

$4,155*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1922
HeatingSteam, Hot Water
BasementYes
MLS #6431522
StatusActive

About 3524 3rd Ave S

Large duplex in the heart of south Minneapolis. Located just steps away from 35w this building offers 2 independent dwelling units situated on the main level and upper level. Each unit contains full kitchens, one bathroom and 3 bedrooms. The basement offers large storage space for each unit to utilize. This building has great potential for either a large family or someone looking for an investment!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Living Area: 2,536 SqFt

Listing Office:

  • Office Name: National Realty Guild

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Steam, Hot Water

Other

Directions Information:

  • Directions: Take 35th/36th Exit. Go East on 36th Street to 3rd Ave, North to Home on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,900
  • Price Per SqFt: $138/SqFt

Tax Information:

  • Annual Amount: $5,048
  • Tax Year: 2020
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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

3524 3rd Ave S vs Minneapolis

467 DAYS ON ROCKET

+434 Days

$349,900

-$86 Less

$138/SqFt

-$64 Less

KEY TAKEAWAY

This property is $86 less than the Median Sold Price and $64/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: #6431522

Listing Office:

  • Office Name: National Realty Guild

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Last updated on: 12/22/2024, 6:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2017Home Sold
$289,900
Sep 07, 2007Home Sold
$199,000
May 06, 2004Home Sold
$182,000
Jul 17, 2002Home Sold
$130,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,048$309,000
2019$5,011$283,500
2018$4,674$257,500
2017$3,139$206,920

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-1048250
3
/10

  • Green Central Park Elementary School

  • 3416 4th Ave S

  • 0.14 miles

  • Public District Grades PK-5

school-card-donut-1048251
4
/10

  • Lyndale Community School

  • 312 W 34th St

  • 0.56 miles

  • Public District Grades PK-5

school-card-donut-1048252
4
/10

  • Bancroft Elementary School

  • 3829 13th Ave S

  • 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 $34,000. The majority of Minneapolis, MN residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55408›3524 3rd Ave S

This home is located at 3524 3rd Ave S in Minneapolis, MN and zip code 55408 in the Powderhorn neighborhood. This 2,536 square foot home was built in 1922. It has been listed on Rocket Homes since September 12, 2023 and is currently priced at $349,900.

In November 2024 more than 283 listings in Minneapolis, MN were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 403 were sold below. The number of homes for sale in Minneapolis, MN decreased by 6.1% between October 2024 and November 2024. In November 2024 median list price was $349,986 and the average listing age was 33 days.

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

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