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$520,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Units
  • 11 Total Beds
  • Updated 1 day ago
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Don't miss the opportunity to make this income-producing rental property yours, featuring quality updates throughout and a stable tenant base. Property Upgrades & Features include: New exterior window frames on the 1st floor (2026). Lower level finished with a kitchenette, 3/4 bath, bedroom with egress window, and an additional office room (2024). 3rd floor dual-split HVAC system and new carpeting installed (2023). New 3rd floor skylight (2023). 2nd floor hardwood floors installed (2018). Full roof replacement, both asphalt and rubber (2017). Pella windows installed on the 1st and 2nd floors (2016). 3rd floor full remodel with Pella windows (2012). 2nd floor bathroom remodel (2012). 1st floor full remodel and new exterior doors (2011). Exterior amenities include a fenced backyard, storage shed, and garden beds and plenty of street parking. Close to shopping, restaurants, public transportation, etc.

Full Property Details for 3620 3rd Ave S

General

  • Price: $520,000
  • Taxes: $8,347 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7123917
  • Updated: 8/21/2026
  • Added to Site: 2 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Additional Information

  • Shared Amenities: Patio, Porch

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Parking Features: On-Street Parking Only

Location

  • County: Hennepin
  • Township: Minneapolis
  • Neighborhood: 11
  • Driving Directions: 35W to 35th/36th St exit. East on 36th to 3rd. South on third to property on right.

School Information

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

Heating & Cooling

  • Heating Type: Boiler, Ductless Mini-Split
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Kitchenette, Single Tenant Access
  • Foundation Size: 1397
  • Roof: Age 8 Years or Less, Architectural Shingle
  • Disability Access: None
  • Square Feet: 4,863
  • Above Ground: 3,724 Sq. Ft.
  • Below Ground: 1,397 Sq. Ft.
  • Finished Down/Base.: 5,121 Sq. Ft.
  • Year Built: 1915

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 39 x 129
  • Frontage: City Street, Curbs, Sidewalks, Street Lights
  • Zoning: Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks), Irregular Lot, Light Tree Coverage
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $8,347
  • Tax Year: 2026
  • Terms: Conventional Rehab, Conventional, FHA, Cash, Special Funding
  • Owner Pays: Fuel, Grounds Care, Repairs, Sewer, Taxes, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 006 MITCHELL WHITE & VOGTS ADDN TO MPLS
  • Property ID: 302824430166
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 3620 3rd Ave S —

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Schools serving 3620 3rd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Barton Open Elementary School
4237 Colfax Avenue South, Minneapolis, MN 55409
K-51.2 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-81.7 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-121.7 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 3620 3rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/20/2026
Listed
$520,000
22.93%
MLS
3/08/2024
Sold
$423,000
—
Public Record
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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 3620 3rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,347
6%
$439,500
2%
2025
$7,897
14%
$433,000
—
2023
$6,927
11%
$433,000
11%
2023
$6,263
—
$389,000
2%
2023
$6,263
7%
$380,000
20%
2020
$5,833
7%
$317,000
10%
2019
$5,464
9%
$288,000
11%
2018
$5,003
12%
$259,500
15%
2017
$4,479
18%
$225,500
15%
2016
$3,790
14%
$196,000
20%
2015
$3,318
1%
$163,500
9%
2014
$3,276
-6%
$150,000
-5%
2013
$3,470
—
$158,000
—
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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3620 3rd Avenue S, Minneapolis, MN 55409 (MLS# 7123917) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 3620 3rd Avenue S is currently listed for $520,000 and was received on August 20, 2026. This property is listed by Zara Guevara from our Southwest Regional Office.Want to learn more about 3620 3rd Avenue S? 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.

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