2 months on rocket

2525 3rd Ave S Unit 4, Minneapolis, MN, 55404

$94,999

Home List Price

$1,128*

Closing Credit

1 Bedroom
1 Full Bath
535 SqFt
$178/SqFt
Condo
Schools Nearby

Location

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2525 3rd Ave S Unit 4, Minneapolis$94,999

Buyer Closing Credits

$1,128*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned
Year Built1966
HeatingBaseboard
CoolingWall Unit(s)
MLS #6477584
StatusActive

About 2525 3rd Ave S Unit 4

Arches of the Arts available in the Arts District of Minneapolis. Maple cabinets in kitchen, new light fixture in entryway, plenty of natural light with windows facing east. Sufficient storage in unit, secured fob entry. Wall AC unit, 2 onsite coin-op laundry rooms. Dishwasher, fridge and oven both in great working condition. A block away from the Minneapolis Institute of Art, close to downtown, 2 blocks away from eat street on Nicollet with a multitude of restaurants, shopping and entertainment. Also a park nearby as well as public transit and bike lanes.

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 535 SqFt

Listing Office:

  • Office Name: Keller Williams Integrity RE

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Assigned

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: $94,999
  • Price Per SqFt: $178/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

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

2525 3rd Ave S Unit 4 vs Minneapolis

86 DAYS ON ROCKET

+48 Days

$94,999

-$246.2K Less

$178/SqFt

-$24 Less

KEY TAKEAWAY

This property is $246.2K less than the Median Sold Price and $24/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: #6477584

Listing Office:

  • Office Name: Keller Williams Integrity RE

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Last updated on: 4/29/2024, 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

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

Payment Calculator

$817

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$351

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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-2896209
1
/10

  • Jefferson Community School

  • 1200 W 26th St

  • 1.09 miles

  • Public District Grades PK-8

High School

school-card-donut-2896210
5
/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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2525 3rd Ave S Unit 4

What is the listing price of this property?

The listing price of 2525 3rd Ave S Unit 4 property is $94,999.

What type of property is this?

The property 2525 3rd Ave S Unit 4 is a condo located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 2525 3rd Ave S Unit 4 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 4 are:
Jefferson Community School: GreatSchools Rating 1/10
Southwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 2525 3rd Ave S Unit 4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 2525 3rd Ave S Unit 4 is 535 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2525 3rd Ave S Unit 4 is 1966.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›2525 3rd Ave S Unit 4

This home is located at 2525 3rd Ave S Unit 4 in Minneapolis, MN and zip code 55404 in the Powderhorn neighborhood. This 535 square foot home was built in 1966. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $94,999.

Minneapolis, MN housing market in March 2024 saw over 380 listings sold above listed price, more than 165 sold at listed price and over 317 sold below. The number of homes for sale in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. Listings spent 38 days on the market in March 2024, and had a median list price of $341,287 during the same period.

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

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