1723 3rd Avenue N, Minneapolis, MN 55405 (MLS# 6803762)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1931
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1423
Above Ground SqFt: 1423
Below Grd Total SqFt: 1423
Total SqFt: 2846
Foundation Size: 1423
Style: (MF) Duplex Side X Side
Total Finished Sqft: 1423.00
Power Company: Xcel Energy
Garage Stalls: 1.5
Lot Dimensions: 41x133
Acres: 0.12
Assessment Pending: No

Property Features

Accessible: None Basement: Concrete Block; Full; Unfinished Construction Status: Previously Owned Electric: Fuses Existing Financing: Free and Clear Exterior: Stucco Fencing: Privacy; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Gravity Laundry: In Basement Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks) Owner Pays: Maintenance/Repair; Repairs; Roof Maintenance; Sewer; Taxes; Trash Collection; Water Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Tenant Pays: Electricity; Gas; Heat Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 1 Family Room Characteristics: Main Level Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: None Unit 2 Dining Room Description: Separate/Formal Dining Rm Unit 2 Family Room Characteristics: Main Level Water: City Water/Connected

Contract Information

Off Market Date: 2026-05-09
Contingency: None
Original List Price: 350000
ListPrice: 315000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1723
Street Name: 3rd
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Complex/Dev/Subdivision: Auditors Sub 026

Assessments

Tax With Assessments: 5028
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1423

More Information

Income and Expenses

Annual Gross Expenses: 10000
Annual Gross Income: 10200
Annual Insurance Expense: 2500
Annual Trash Expense: 1200
Annual Water/Sewer Expense: 1200
Total Annual Expenses: 10000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20x19
Garage Door Width: 9
Garage Square Feet: 380

Public Survey Info

Range#: 24
Section#: 21
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Finished SqFt: 600
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit 2

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 2
Annual Rent: 10200
Finished SqFt: 600
Full Baths: Yes
Monthly Rent: 850
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 015 AUDITOR'S SUBD. NO. 026 W 41 FT OF THAT PART OF LOT 15 LYING S OF 3RD AVE N EX ALLEY
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1501
Property ID Number: 2102924340003
Tax Year: 2025
Tax Amount: 5028
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Wonderfully maintained, rare side-by-side duplex available for the first time in over 30 years. Located on a quiet block just minutes from downtown, the chain of lakes, and Theodore Wirth Park! This is a perfect property for either the novice or experienced investor! Unit 2 is rented, unit 1 is ready for either you or your new tenant! New privacy fence in the backyard installed in the summer of 2025. The roof was replaced summer 2024. Pristine hardwood floors throughout both units, with a large full length basement and heated attic space ready for your equity building ideas. Schedule your private showing today! ****BOTH FURNACES RECENTLY REPLACED TOTALLING OVER $16,000!!!
Directions: 394 to Penn Ave North to 3rd Ave North, take a right, home is on the right.

Accessible

None: Yes

Basement

Concrete Block: Yes
Full: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Electric

Fuses: Yes

Existing Financing

Free and Clear: Yes

Exterior

Stucco: Yes

Fencing

Privacy: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Gravity: Yes

Laundry

In Basement: Yes

Lock Box Type

Combo: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Maintenance/Repair: Yes
Repairs: Yes
Roof Maintenance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

Tenant Pays

Electricity: Yes
Gas: Yes
Heat: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 1 Family Room Characteristics

Main Level: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 2 Family Room Characteristics

Main Level: Yes