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$795,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 2,602 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Nestled just steps from Minnehaha Creek in one of Minneapolis' most coveted neighborhoods, this 1931 center hall Colonial blends timeless character and thoughtful updates throughout. Offering 2600 finished square feet, this 3-bedroom, 3-bath home showcases exceptional craftsmanship, custom moldings, rich cabinetry, and a gracious traditional floor plan designed for both everyday living and entertaining. A welcoming vestibule with coat closet opens to the elegant center hall. To the left, a spacious formal dining room is ideal for gatherings. The inviting living room to the right features a fireplace, windows with front and backyard vlews, and it flows seamlessly into the adjoining den and charming three-season porch. a The updated eat-in cherry wood kitchen offers heated floors, abundant cabinetry, and a casual dining space, along with a convenient main-floor powder bath. Upstairs, the generous primary suite offers a comfortable seating area and a private bath complete with heated floors, separate soaking tub and walk-in shower. The guest bedroom enjoys its own en suite 3/4 bath, while the third bedroom currently serves as home office. The lower level includes a cozy family room, laundry, mechanicals and an expansive workshop space. Additional storage is available in the climb-up attic measuring 18 x 13. Outside, the meticulously landscaped yard and heated in-ground pool create a private outdoor retreat. An attached two-car garage with an epoxied floor completes this exceptional property. Lovingly maintained and thoughtfully updated, this home perfectly blends classic architecture with modern comfort in an unbeatable Minneapolis location.

Full Property Details for 5027 3rd Ave S

General

  • Price: $795,000
  • Taxes: $10,773 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7074534
  • Updated: 5/19/2026
  • Added to Site: 6 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Separate Formal Dining Room
  • Formal Dining Room: Eat In Kitchen, Separate/Formal Dining Room
  • Laundry: In Basement, Lower Level, Laundry Room, Washer Hookup, In Basement, Lower Level, Laundry Room, Washer Hookup

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Natural Woodwork, Patio, Porch, Skylight, Tile Floors, Washer/Dryer Hookup, Walk-Up Attic
  • Pool: Yes
  • Pool Description: Below-Ground, Heated, Outdoor

Exterior

  • Porch/Patio/Deck: Deck, Glass Enclosed

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Garage Door Opener, Storage

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Thorpe Bros Washburn Park 2nd Div
  • Neighborhood: 26
  • Driving Directions: 50th St to 3rd Ave. South to home.

School Information

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

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Exterior Const.: Block, Concrete, Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Partially Finished
  • Foundation Size: 1062
  • Roof: Age Over 8 Years
  • Disability Access: None
  • Square Feet: 2,602
  • Above Ground: 2,180 Sq. Ft.
  • Below Ground: 1,062 Sq. Ft.
  • Finished Down/Base.: 3,242 Sq. Ft.
  • Year Built: 1931

Lot Features

  • Lot Size (Acres): 0.24
  • Lot Dimensions: 80 x 128
  • Frontage: City Street, Curbs, Paved Streets, Sidewalks
  • Zoning: Residential-Single Family
  • Lot Description: Medium Tree Coverage
  • Fencing (Description): Chain Link

Financial Considerations

  • Tax Amount: $10,773
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: BLOCK 001 THORPE BROS WASHBURN PARK 2ND DIV LOTS 18 AND 19
  • Property ID: 1502824410098

Listed by Edina Realty, Inc.

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— 5027 3rd Ave S —

  • Edina Realty, Inc.

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Schools serving 5027 3rd Ave S

School District:Minneapolis Public School District
NameGradesDistance
Field Elementary School
4645 4th Avenue South, Minneapolis, MN 55419
3-50.5 mi
Hale Elementary School
5330 13th Avenue South, Minneapolis, MN 55417
K-20.9 mi
Justice Page Middle School
1 West 49th Street, Minneapolis, MN 55419
6-80.3 mi
Washburn Senior High School
201 West 49th Street, Minneapolis, MN 55419
9-120.5 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 5027 3rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/19/2026
Listed
$795,000
-20.74%
MLS
8/20/2024
Sold
$1,003,000
—
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 5027 3rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,102
4%
$648,000
-7%
2023
$9,706
6%
$700,000
6%
2023
$9,160
—
$661,000
5%
2023
$9,160
-10%
$628,000
-5%
2020
$10,210
6%
$658,500
8%
2019
$9,619
14%
$609,500
13%
2018
$8,407
8%
$539,500
9%
2017
$7,818
10%
$496,500
13%
2016
$7,130
-2%
$437,500
3%
2015
$7,275
—
$425,500
7%
2014
$7,292
-1%
$397,125
—
2013
$7,330
—
$397,125
—
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 Edina Realty, Inc.

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5027 3rd Avenue S, Minneapolis, MN 55419 (MLS# 7074534) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 5027 3rd Avenue S is currently listed for $795,000 and was received on May 14, 2026. Want to learn more about 5027 3rd Avenue S? Do you have questions about finding other Single 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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