3001 N 3rd Street, Minneapolis, MN 55411 - Photo 1

1/1

$925,000

Sold
Closed
Commercial
7,392 Sq. Ft.
0.21 Acres

1/1

Property Description

Turn-key 8-unit apartment building offering a cash-flowing investment at affordable rent levels. The property includes six 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Units have been recently renovated, including new kitchens, countertops, flooring, and fixtures. Rents are set below 50% of the area median income (AMI), and the building is enrolled in the Minneapolis 4d Affordable Housing Program, providing approximately 40% in annual property tax savings. Additional improvements include upgraded mechanical systems, commercial-grade security and access controls, and a newly paved parking lot with off-street parking and on-site laundry. The building is fully stabilized; however,

Full Property Details

Full Property Details for 3001 N 3rd St

General

Sold For: $925,000
Taxes: $7,682 (2025)
Status: Closed
Type: Commercial
Source: NorthStarMLS_RMLS
MLS ID: 6739152
Added to Site: 211 day(s) ago

Parking

Parking Features: Assigned, Paved Lot

School Information

School District: 558 - Minneapolis
High School District: Minneapolis

Heating & Cooling

Cooling Type: Wall Unit(s)
Heating Type: Boiler
Heating Fuel: Natural Gas

Utilities

Sewer: City Sewer Connected
Water: City Water (Connected)
Utility Description: Electric Separate, Hot Water Common

Financial Considerations

Tax Amount: $7,682
Tax Year: 2025
Owner Pays: Common Area Maintenance, Heat, Grounds Care, Sewer, Trash Collection, Water
Tenant Pays: Electricity
Pays Electric: Tenant Pays
Pays Heat: Owner Pays
Pays Trash: Owner Pays
Pays Water: Owner Pays

Disclosures and Reports

Legal Description: LOT 007 BLOCK 011 MORRISONS ADDN TO NORTH MPLS
Inclusions: Building, Land, Rental License
Property ID: 1002924320084

Listed by LPT Realty, LLC
Sold by Non-MLS

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— 3001 N 3rd St —

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Schools

Schools serving 3001 N 3rd St

School District:Minneapolis Public School District

Name	Grades	Distance
Nellie Stone Johnson Elementary School 807 North 27th Avenue, Minneapolis, MN 55411	PK-5	0.4 mi
Anwatin Middle Com & Spanish D I 256 Upton Avenue South, Minneapolis, MN 55405	6-8	3 mi
North Academy Senior High 1500 James Avenue North, Minneapolis, MN 55411	9-12	1.4 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 3001 N 3rd St

Date

Details

Price

Change

Source

12/12/2025

Sold

$925,000

-5.12%

MLS

6/20/2025

Listed

$974,900

—

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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Updated 16 hours ago

4
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Price Reduced

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$115,000

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Condo
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Updated 3 days ago

1
Bed
1
Total Bath
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3
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1
Bed
1
Total Bath
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Sq. Ft.

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Price Reduced

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Active
Updated 23 hours ago

3
Beds
1
Total Bath
1,873
Sq. Ft.

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Sold

$980,000

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Commercial
Closed

14,571
Sq. Ft.
0.53
Acres

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$1,000,000

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Beds
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3
Beds
4
Total Baths
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Sq. Ft.

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Sold

$790,000

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Townhouse
Closed

3
Beds
4
Total Baths
2,178
Sq. Ft.

Listed by Michael Knapp
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3001 N 3rd Street, Minneapolis, MN 55411 (MLS# 6739152) is a Commercial property that was sold at $925,000 on December 12, 2025. Want to learn more about 3001 N 3rd Street? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

3001 N 3rd St Minneapolis, MN 55411