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$499,900

  • For Sale
  • Active
  • Townhouse
  • 6 Beds
  • 3 Total Baths
  • 3,260 Sq. Ft.
  • 2 Car Garage
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Fully leased brick duplex in the heart of Whittier, directly across from the Minneapolis Institute of Art and MCAD. Both units are 3 bedrooms and rented through 2027 - $4,240/month in place, with tenants paying their own gas and electric. Solid 1900 masonry construction with the details buyers hunt for: original woodwork, hardwood floors, clawfoot tub, two fireplaces and a wide covered front porch. Updated kitchens with newer cabinets, counters and appliances, plus newer windows. The layout gives each unit far more room than a typical duplex. Unit 1 takes the front of the main level and the entire 2nd floor (3BR/1BA, approx. 2,000 sf). Unit 2 has its own rear entrance, the back of the main level and the entire 3rd floor (3BR/2BA). Boiler heat, full unfinished basement with common laundry and abundant storage, and a 2-car detached garage. 3,260 finished sq ft on a 50x128 lot. Minutes to Eat Street, downtown and I-35W. Potential to add a third unit in the basement - concept sketch available, not city-approved. Buyers to verify all measurements.

Full Property Details for 2541 3rd Ave S

General

  • Price: $499,900
  • Taxes: $8,969 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7148074
  • Updated: 9/22/2026
  • Added to Site: 16 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Shared Amenities: Laundry

Parking

  • Garage: Yes
  • Garage Description: 20 x 20
  • Garage Spaces: 2

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Geo Galpins Add
  • Neighborhood: 84
  • Driving Directions: NA

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Storage Space, Unfinished
  • Foundation Size: 1740
  • Disability Access: None
  • Square Feet: 3,260
  • Above Ground: 3,260 Sq. Ft.
  • Below Ground: 1,740 Sq. Ft.
  • Finished Down/Base.: 5,000 Sq. Ft.
  • Year Built: 1900

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 50 x 128

Financial Considerations

  • Tax Amount: $8,969.68
  • Tax Year: 2026
  • Tenant Pays: Electricity, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays

Disclosures and Reports

  • Legal Description: LOT 006 BLOCK 009 GEO GALPINS ADDN TO MPLS THAT PART LYING N OF S 2 FT
  • Property ID: 3402924140039

Listed by Twin Cities Leasing LLC

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Listing agents

— 2541 3rd Ave S —

  • Twin Cities Leasing LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2541 3rd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Whittier International
315 West 26th St, Minneapolis, MN 55404
PK-50.6 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.7 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-121.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2541 3rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Listed
$499,900
-2.55%
MLS
5/31/2022
Sold
$513,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2541 3rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,970
4%
$472,300
—
2025
$8,644
-15%
$474,000
-7%
2023
$10,214
25%
$509,000
—
2023
$8,195
—
$509,000
13%
2023
$8,195
55%
$451,000
51%
2020
$5,294
2%
$299,500
5%
2019
$5,173
14%
$285,000
15%
2018
$4,547
13%
$248,000
15%
2017
$4,039
-8%
$215,500
2%
2016
$4,382
23%
$211,000
20%
2015
$3,571
-12%
$176,000
-5%
2014
$4,041
-3%
$185,000
2%
2013
$4,156
—
$180,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Twin Cities Leasing LLC

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2541 3rd Avenue S, Minneapolis, MN 55404 (MLS# 7148074) is a Townhouse property with 6 bedrooms and 0 full bathrooms. 2541 3rd Avenue S is currently listed for $499,900 and was received on September 21, 2026. Want to learn more about 2541 3rd Avenue S? Do you have questions about finding other Townhouse real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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