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$499,900 Just Listed

  • For Sale
  • Active
  • Triplex
  • 6 Beds
  • 3 Total Baths
  • 3,144 Sq. Ft.
  • Updated 1 day ago
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Large, updated triplex in a prime location. The upper unit offers two spacious bedrooms, the main floor unit features two bedrooms with vaulted ceilings and a separate dining area, and the lower level unit includes two bedrooms with a comfortable layout. Built in 1979, this newer multi-family property has been well maintained with a new roof, fresh exterior paint, and updates throughout. All units feature LVP flooring, along with modernized kitchens including updated cabinets, counters, and appliances. Situated on a corner lot with a large backyard, the property offers private entrances for each unit, separate laundry and storage areas, and coin-operated laundry for additional income. Street parking is available.

Full Property Details for 3201 3rd Ave S

General

  • Price: $499,900
  • Taxes: $6,912 (2025)
  • Status: Active
  • Type: Triplex
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7056732
  • Updated: 4/23/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: In Basement, Common Area, In Basement, Common Area

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Wolvertons Add
  • Neighborhood: 11
  • Driving Directions: Lake Street to 3rd Avenue, south to property

School Information

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

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Egress Window(s), Finished, Full
  • Foundation Size: 1372
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 3,144
  • Above Ground: 2,072 Sq. Ft.
  • Below Ground: 1,072 Sq. Ft.
  • Finished Down/Base.: 3,144 Sq. Ft.
  • Year Built: 1979

Unit Information

  • Units w/Refrigerators: 3

Lot Features

  • Lot Size (Acres): 0.13
  • Lot Dimensions: 45 x 128
  • Lot Description: Corner Lot
  • Fencing (Description): Full

Financial Considerations

  • Operating Expenses: $10,000
  • Tax Amount: $6,912
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LOT 014 BLOCK 004 WOLVERTONS ADDN TO MPLS
  • Property ID: 302824140228

Listed by Rize Realty

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— 3201 3rd Ave S —

  • Rize Realty

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Schools serving 3201 3rd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Lyndale Elementary School
312 West 34th Street, Minneapolis, MN 55408
PK-50.6 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-82.2 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-122.2 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 3201 3rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/23/2026
Listed
$499,900
13.61%
MLS
7/15/2022
Sold
$440,000
—
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 3201 3rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,912
5%
$379,000
—
2023
$6,612
36%
$379,000
30%
2023
$4,852
—
$291,000
8%
2023
$4,852
52%
$269,000
34%
2020
$3,198
7%
$200,925
12%
2019
$2,977
11%
$179,125
13%
2018
$2,681
8%
$157,870
13%
2017
$2,480
-8%
$139,885
-6%
2016
$2,709
26%
$149,150
19%
2015
$2,146
3%
$125,170
11%
2014
$2,085
-22%
$113,180
-6%
2013
$2,679
—
$120,810
—
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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3201 3rd Avenue S, Minneapolis, MN 55408 (MLS# 7056732) is a Triplex property with 6 bedrooms and 0 full bathrooms. 3201 3rd Avenue S is currently listed for $499,900 and was received on April 23, 2026. Want to learn more about 3201 3rd Avenue S? Do you have questions about finding other Triplex 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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