new - 4 days on rocket

720 3rd Ave NE Unit 322, Minneapolis, MN, 55413

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
1 Full Bath
705 SqFt
$199/SqFt
Condo

Location

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720 3rd Ave NE Unit 322, Minneapolis$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Guest Parking, Parking Lot, Paved, Open
Year Built1989
HeatingBaseboard, Hot Water
CoolingWall Unit(s)
MLS #6629498
StatusActive

About 720 3rd Ave NE Unit 322

Bright and spacious third-floor condo with stunning eastern exposure, welcoming the morning sunlight into every room. This quiet unit offers a peaceful retreat above the city’s pulse, striking a perfect balance between urban vibrancy and residential serenity. Step outside to enjoy trendy eateries, coffee shops, breweries, and unique boutiques in every direction, accessible by sidewalks, trails, and public transit. Inside, the unit has a brand new washer/dryer, air conditioner, and newer windows. Included is a dedicated outdoor parking spot and a storage unit just down the hall from the unit, making it extra convenient. Pet-friendly for both dogs and cats, and rentals are permitted. Don't miss out on this gem—explore everything this fantastic neighborhood has to offer!

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Living Area: 705 SqFt

Listing Office:

  • Office Name: Engel & Volkers Lake Minnetonka

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Exhaust Fan, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned, Guest Parking, Parking Lot, Paved, Open

Lot Features

Lot Information:

  • Lot: Few Trees

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: University to 3rd Ave NE. North on 3rd Ave NE to parking lot. Entrance to parking lot off 3rd Ave NE. Park in guest parking spots.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $199/SqFt

HOA Fees:

  • Amount: $554
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$349.8K

Med. Price/SqFt

$202

Avg. Days On Market

34

# of Sold Homes

978

720 3rd Ave NE Unit 322 vs Minneapolis

4 DAYS ON ROCKET

-30 Days

$140,000

-$209.8K Less

$199/SqFt

-$3 Less

KEY TAKEAWAY

This property is $209.8K less than the Median Sold Price and $3/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: #6629498

Listing Office:

  • Office Name: Engel & Volkers Lake Minnetonka

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Last updated on: 11/17/2024, 11:52:48 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.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-635904
3
/10
  • Webster Community School

  • 425 5th St NE

  • 0.23 miles

  • Public District Grades PK-5

school-card-donut-635905
1
/10
  • Sheridan Elementary School

  • 1201 University Ave NE

  • 0.70 miles

  • Public Magnet Grades PK-5

school-card-donut-635906
2
/10
  • Banaadir Elementary School

  • 1800 2nd St NE

  • 1.20 miles

  • Public Charter Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,714. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 720 3rd Ave NE Unit 322

What is the listing price of this property?

The listing price of 720 3rd Ave NE Unit 322 property is $140,000.

What type of property is this?

The property 720 3rd Ave NE Unit 322 is a condo located in Minneapolis, Minnesota, 55413.

Is this property for sale now?

Active Listing: 720 3rd Ave NE Unit 322 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 720 3rd Ave NE Unit 322 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 720 3rd Ave NE Unit 322 is 705 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 3rd Ave NE Unit 322 is 1989.

Rocket HomesMinnesotaHennepin CountyMinneapolis55413720 3rd Ave NE Unit 322

This home is located at 720 3rd Ave NE Unit 322 in Minneapolis, MN and zip code 55413 in the Nicollet Island / East Bank neighborhood. This 705 square foot home was built in 1989. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $140,000.

In October 2024, from all listings sold in Minneapolis, MN there were more than 356 sold above asking price, over 399 sold below and more than 223 were sold right at the asked price. In October 2024 in Minneapolis, MN there were 9.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $349,843.

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

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