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2121 3rd Ave S, Minneapolis, MN, 55404

$670,000

Home List Price

$7,956*

Closing Credit

0 Baths
7,398 SqFt
$91/SqFt
Multi
Schools Nearby

Location

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2121 3rd Ave S, Minneapolis$670,000

Buyer Closing Credits

$7,956*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDetached, Asphalt, Multiple Garages, Secured
Garage3 spaces
Year Built1900
HeatingSteam
BasementYes
MLS #6500146
StatusActive

About 2121 3rd Ave S

Remarkable investment property in the heart of the Whittier neighborhood! This four-unit building has been updated throughout and has a fenced-in yard and a three-car garage. All units feature updated kitchens and bathrooms, original touches, two spacious bedrooms, and plenty of living and/or dining room space. Building has been tastefully restored while allowing for new ownership to enjoy solid investment potential.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 7,398 SqFt

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Multiple Garages, Secured

Utilities

Utilities Information:

  • Heating: Steam

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: E Franklin Ave, south on 3rd Ave S

Price Information

Listing Price Info

Price Summary:

  • List Price: $670,000
  • Price Per SqFt: $91/SqFt
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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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2121 3rd Ave S vs Minneapolis

51 DAYS ON ROCKET

+13 Days

$670,000

+$328.7K More

$91/SqFt

-$111 Less

KEY TAKEAWAY

This property is $328.7K more than the Median Sold Price and $111/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: #6500146

Listing Office:

  • Office Name: Lakes Sotheby's International Realty

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Last updated on: 4/28/2024, 12:52:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-2004070
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 1.16 miles

  • Public District Grades PK-8

High School

school-card-donut-2004071
5
/10

  • Southwest High School

  • 3414 W 47th St

  • 3.87 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 $40,567. Typical income of Minneapolis, MN residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2121 3rd Ave S

This home is located at 2121 3rd Ave S in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 7,398 square foot home was built in 1900. It has been listed on Rocket Homes since March 07, 2024 and is currently priced at $670,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

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

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