Date
Details
Price
Change
Source
10/15/2025
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/53
$550,000 Contingent
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Property Description
Exceptional Opportunity to Build Your Real Estate Investment Portfolio in Ideal Location in the Art's District - NE Minneapolis! Just a few blocks to great restaurants such as Vinai, Oro, Minari, Anchor, Diane's Place, Breweries, Shops, Parks and the Riverwalk! Only 2 blocks away from bus stops! Charming fourplex with varied floor plans offering great indoor and outdoor space! Large deck for upper level units, patio and small deck for lower level units. Two 2 Bedroom and two 1 bedroom units. All four units are currently leased. One offers laundry. Coin laundry in lower level for other units. Space behind building for parking. Roof was checked and repaired in spring of 2025. Mechanicals have recently been serviced.
Full Property Details
Full Property Details for 1523 3rd St NE
General
- Price: $550,000
- Taxes: $7,277 (2025)
- Status: Contingent
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6820955
- Updated: 12/26/2025
- Added to Site: 58 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: In Basement, Common Area, In Unit, In Basement, Common Area, In Unit
Additional Information
- Shared Amenities: Laundry, Coin-op Laundry Owned, Deck
Exterior
- Porch/Patio/Deck: Covered, Deck, Glass Enclosed, Patio, Rear Porch
Parking
- Parking Features: Asphalt, Parking Garage, Paved Lot, Unassigned, Open
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Bottineaus 2nd Add Town Of St Anth
- Neighborhood: 68
- Driving Directions: From University Ave: West on 16th Ave NE, South on Third St NE
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Baseboard, Boiler, Forced Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Stone
- Basement: Yes
- Basement Desc.: Full, Shared Access, Storage Space, Unfinished
- Foundation Size: 1596
- Roof: Age Over 8 Years, Flat, Tar/Gravel
- Disability Access: None
- Square Feet: 3,192
- Above Ground: 3,192 Sq. Ft.
- Year Built: 1898
Unit Information
- Units w/Refrigerators: 4
Lot Features
- Lot Size (Acres): 0.25
- Lot Dimensions: 66 x 165
- Frontage: City Street, Paved Streets, Sidewalks, Street Lights
- Zoning: Residential-Multi-Family
- Lot Description: Public Transit (w/in 6 blks), Medium Tree Coverage
Financial Considerations
- Operating Expenses: $27,568
- Tax Amount: $7,277.22
- Tax Year: 2025
- Owner Pays: Exterior Maintenance, HVAC Maintenance, Grounds Care, Repairs, Management, Pest Control, Snow Removal
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: LOT 007 BLOCK 023 BOTTINEAUS 2ND ADDN TOWN OF ST ANTH
- Property ID: 1402924220081
Listed by RE/MAX Results
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Schools
Schools serving 1523 3rd St NE
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Pillsbury Elementary School 2250 Northeast Garfield Street, Minneapolis, MN 55418 | PK-5 | 1.6 mi |
Northeast Middle School 2955 Hayes Street Northeast, Minneapolis, MN 55418 | 6-8 | 1.9 mi |
Edison Senior High School 700 22nd Avenue Northeast, Minneapolis, MN 55418 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1523 3rd St NE
Tax History
Tax History for 1523 3rd St NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,434
-7%
$399,000
-18%
2023
$12,259
5%
$484,000
20%
2023
$11,625
—
$403,000
5%
2023
$11,625
73%
$384,000
10%
2020
$6,726
8%
$349,000
12%
2019
$6,229
12%
$311,500
3%
2018
$5,538
6%
$302,000
18%
2017
$5,202
14%
$256,000
8%
2016
$4,583
2%
$237,000
7%
2015
$4,495
2%
$221,500
10%
2014
$4,401
-5%
$201,500
-5%
2013
$4,656
—
$212,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1523 3rd St NE
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Listed by RE/MAX Results
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- Duplex
- Closed
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Listed by HomeAvenue Inc
Sold by RE/MAX Results
Sold by RE/MAX Results
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Sold by Pemberton RE
Sold by Pemberton RE
1523 3rd Street NE, Minneapolis, MN 55413 (MLS# 6820955) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 1523 3rd Street NE is currently listed for $550,000 and was received on November 21, 2025. Want to learn more about 1523 3rd Street NE? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.