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$349,900 -$10,000 (-2.78%) Price Reduced

  • For Sale
  • Active
  • Commercial
  • 5,076 Sq. Ft.
  • 0.15 Acres
  • Updated 2 days ago
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This 6-unit multifamily property offers a solid investment with recent updates and long-term tenant appeal. There is a large 6'x25' covered side porch, fresh exterior paint on the soffit and fascia, and seamless gutters. All of the windows were updated in 2025 (except for 2 small lower level windows), and all window A/C units will stay. Each unit comes with kitchen appliances (excluding tenant-owned microwaves). Heating is provided by forced air furnaces, paired with gas water heaters. The building sits on a sturdy block foundation with cement board and wood siding, and the architectural roof shingles are approximately 11 years old. Tenants benefit from a shared 4'x10' storage area for lawn and snow equipment-two tenants have volunteered to help with upkeep of the yard in the spring, summer and fall. All tenants keep the sidewalks shoveled and salted in the winter. Landlords plow the private parking areas in the winter. Though there's no garage, this property has been thoughtfully cared for and is ready for its next owner.

Full Property Details for 11 3rd Ave S

General

  • Price: $349,900
  • Taxes: $4,715 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6800496
  • Updated: 3/10/2026
  • Added to Site: 154 day(s) ago

Interior

  • Appliances: Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Additional Information

  • Shared Amenities: Porch

Exterior

  • Porch/Patio/Deck: Covered, Side Porch

Parking

  • Parking Features: Other

Location

  • County: Benton
  • Township: Sauk Rapids
  • Driving Directions: Benton Drive to East on Division St. Right on 3rd Ave S.

School Information

  • School District: 1762 - Sauk Rapids-Rice
  • High School District: Sauk Rapids-Rice

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Heating Common, Hot Water Common

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Egress Window(s), Finished, Full
  • Foundation Size: 1692
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 5,076
  • Finished Down/Base.: 5,076 Sq. Ft.
  • Current Bldg. Use: Commercial
  • Year Built: 1940

Lot Features

  • Lot Size (Acres): 0.15
  • Lot Dimensions: 60 x 140
  • Frontage: City Street, Curbs, Paved Streets
  • Zoning: Business/Commercial, Residential-Multi-Family
  • Lot Description: Public Transit (w/in 6 blks)

Financial Considerations

  • Operating Expenses: $16,506
  • Tax Amount: $4,715.73
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Electricity, Fuel, Insurance, Repairs, Other, Snow Removal, Taxes, Water
  • Tenant Pays: Cable TV, Electricity
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: 23-036-031 TOWN OF SAUK RAPIDS LOT 7 BLOCK 29 NW 40 FT OF LOT 7 & SLY 10 FT OF LOT 8 BLK 29
  • Inclusions: Building, Land
  • Property ID: 190028700

Listed by RE/MAX Results

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— 11 3rd Ave S —

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Schools serving 11 3rd Ave S

School District:Sauk Rapids-Rice Public Schools
NameGradesDistance
Mississippi Heights Elementary School
1003 4th Street North, Sauk Rapids, MN 56379
K-50.6 mi
Sauk Rapids-Rice Middle School
901 1st Street South, Sauk Rapids, MN 56379
6-80.7 mi
Sauk Rapids-Rice Senior High School
1835 Osauka Road Northeast, Sauk Rapids, MN 56379
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 11 3rd Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/10/2026
Price Reduced
$349,900
-2.78%
MLS
11/13/2025
Price Reduced
$359,900
-1.37%
MLS
10/28/2025
Price Reduced
$364,900
-2.67%
MLS
10/09/2025
Listed
$374,900
—
MLS
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 11 3rd Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,334
6%
$298,500
—
2023
$5,010
12%
$298,500
2%
2023
$4,492
13%
$292,500
8%
2022
$3,992
3%
$270,000
25%
2021
$3,890
-1%
$216,000
2%
2020
$3,936
3%
$211,500
10%
2019
$3,812
9430%
$192,000
—
2017
$40
-99%
$192,000
—
2017
$3,978
—
$192,000
—
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 RE/MAX Results

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11 3rd Avenue S, Sauk Rapids, MN 56379 (MLS# 6800496) is a Commercial property. 11 3rd Avenue S is currently listed for $349,900 and was received on October 09, 2025. Want to learn more about 11 3rd Avenue S? Do you have questions about finding other Commercial real estate for sale in Sauk Rapids? You can browse all Sauk Rapids real estate or contact a Coldwell Banker agent to request more information.

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