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720 3rd Ave

Minneapolis, MN 55413

2 bd 1 ba 1,010 sqft Built 1989 condos
Most recent sale
$200,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $200,000 Public Record
Jun 8, 2022 Listed $215,000 MLS #6215566
May 2, 2022 Price changed $229,900 MLS #6170786
Mar 29, 2022 Listed $239,900 MLS #6170786
Feb 27, 2018 Sold $177,676 Public Record
May 10, 2012 Listing removed $159,000 NorthstarMLS
Mar 22, 2012 Listing removed $1,495 LakeSuperiorAreaRealtors
Mar 13, 2012 Listing removed $1,425 NorthstarMLS
Jan 9, 2012 Listed $1,495 MLS #1033664
Jan 9, 2012 Listed for rent $1,495 NorthstarMLS
Oct 4, 2011 Price changed $159,000 MLS #4082012
Aug 30, 2011 Listed $174,900 MLS #4082012
May 16, 2005 Sold $199,650 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $182,000 $20,000 $202,000 $3,124
2024 $172,000 $20,000 $192,000 $2,506
2023 $186,000 $18,000 $204,000 $2,684
2022 $176,400 $2,471
2021 $166,045 $2,251
2020 $160,050 $2,357
2019 $160,050 $2,432
2018 $154,300 $14,700 $169,000 $2,538
2017 $143,300 $14,700 $158,000 $2,432
2016 $137,300 $14,700 $152,000 $2,417
2015 $140,700 $11,300 $152,000 $2,538
2014 $137,700 $11,300 $149,000 $2,670
2013 $125,170 $2,306
2012 $125,061 $2,254
2011 $131,600 $17,300 $148,900 $2,260
2010 $141,200 $17,300 $158,500 $2,091
2009 $151,700 $17,300 $169,000 $2,286
2008 $178,300 $15,200 $193,500 $2,374
2007 $195,300 $11,700 $207,000 $2,648

Property facts

Year built
1989
Property type
condos
Stories
1
Beds
2
Baths
1
Living area
1,010 sqft
Lot size
ZIP code
55413
City
Minneapolis
Street
3rd Ave
Coordinates
44.99306, -93.25181

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,515
Gross rental yield
9.09%
Implied cap rate
5.91%
Trend-extrapolated value

Frequently asked questions

When did 720 3rd Ave last sell?
720 3rd Ave most recently sold on Jul 29, 2022 for $200,000.
What is the current tax assessment for 720 3rd Ave?
The most recent total assessment for 720 3rd Ave (year 2025) is $202,000 with $3,124 in property tax.
How does 720 3rd Ave's assessment compare to its last sale price?
The current assessment is 1.0% above the last sale price of $200,000.
When was 720 3rd Ave built?
720 3rd Ave was built in 1989.
How does 720 3rd Ave compare to others on 3rd Ave?
We track 8 other properties on 3rd Ave. Browse the list under "Other properties on 3rd Ave" to compare beds, baths, and sale history.
What are the property facts for 720 3rd Ave?
720 3rd Ave is a 2 bed, 1 bath, 1,010 sqft condos.
Is 720 3rd Ave a flip candidate?
No — 720 3rd Ave does not appear in our flips dataset.
Is 720 3rd Ave a tax-appeal candidate?
No — 720 3rd Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-1.8%
2026 Q3
$329.4K
2026 Q4
$327.9K
ZIP 55413 — Median Price History + Forecast

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