14 days on rocket

2525 3rd Ave S Unit 6, Minneapolis, MN, 55404

$93,500

Home List Price

$1,110*

Closing Credit

1 Bedroom
1 Full Bath
523 SqFt
$179/SqFt
Condo
Schools Nearby

Location

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2525 3rd Ave S Unit 6, Minneapolis$93,500

Buyer Closing Credits

$1,110*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot
Year Built1966
HeatingBaseboard
CoolingWall Unit(s)
BasementYes
MLS #6538535
StatusActive

About 2525 3rd Ave S Unit 6

Immerse yourself in the cultural heart of the city with this garden-level condo located directly across from the Minneapolis College of Art and Design and the Minneapolis Institute of Art. This prime Whittier neighborhood location is perfect for art lovers and urban explorers alike. Enjoy the convenience of lot parking and benefit from low HOA fees of only $275, covering numerous amenities such as on-site laundry. With direct access to Uptown, Downtown, and the culinary delights of Eat Street, this pet-friendly condo offers a dynamic blend of culture and convenience in Minneapolis. CAN BE SOLD AS PACKAGE DEAL WITH UNIT #9 (2525 3RD AVE S). Currently tenant occupied, 48+ hours required for showings.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 523 SqFt

Listing Office:

  • Office Name: VSM Real Estate LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Parking Lot

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Southwest High School, Public District Grades 9-12
  • Jefferson Community School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Nicollet to 24th east to 3rd Ave. south to property or Franklin to 3rd Ave. south to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $93,500
  • Price Per SqFt: $179/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$343.6K

Med. Price/SqFt

$201

Avg. Days On Market

27

# of Sold Homes

1085

2525 3rd Ave S Unit 6 vs Minneapolis

14 DAYS ON ROCKET

-13 Days

$93,500

-$250.1K Less

$179/SqFt

-$23 Less

KEY TAKEAWAY

This property is $250.1K less than the Median Sold Price and $23/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6538535

Listing Office:

  • Office Name: VSM Real Estate LLC

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Last updated on: 6/1/2024, 2:22:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$809

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$347

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6449165
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 1.09 miles

  • Public District Grades PK-8

High School

school-card-donut-6449166
7
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,208. Residents of Minneapolis, MN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2525 3rd Ave S Unit 6

What is the listing price of this property?

The listing price of 2525 3rd Ave S Unit 6 property is $93,500.

What type of property is this?

The property 2525 3rd Ave S Unit 6 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 2525 3rd Ave S Unit 6 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2525 3rd Ave S Unit 6 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 7/10

How many bedrooms and bathrooms does this property have?

The property at 2525 3rd Ave S Unit 6 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2525 3rd Ave S Unit 6 is 523 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 3rd Ave S Unit 6 is 1966.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2525 3rd Ave S Unit 6

This home is located at 2525 3rd Ave S Unit 6 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 523 square foot home was built in 1966. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $93,500.

Over 519 listings were sold over their listed price in April 2024 in Minneapolis, MN. In the same period over 337 listings were sold below the listed price and 228 listings were sold for the listed price. The number of listings in Minneapolis, MN increased by 15.8% between March 2024 and April 2024. The median list price of listings available in April 2024 was $343,683, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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