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700 3rd Avenue Excelsior, MN $ 424,900
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$ 424,900 Get more info
700 3rd Avenue
$ 424,900
Back to search
Share Save

700 3rd Avenue

Excelsior, MN, 55331
$ 424,900
Bedrooms3 Baths2.0 Sq 1,328

Monthly Estimate*

$ 2,935

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Multi-Family Home for sale in Excelsior, MN

for $424,900 with 3 bedrooms and 2 full baths. This 1,328 square foot home was built in 1920 on a lot size of 0.135.

Enjoy Excelsior living with the flexibility of a duplex. Near historic downtown Excelsior and Lake Minnetonka, this up-down property features a 2-bedroom, 1-bath main-level unit and a 1-bedroom, 1-bath lower-level unit. Live in one unit and rent the other to help offset housing costs or explore multigenerational living with separate spaces under one roof. The main-level unit is currently vacant, and the lower-level unit will be vacant at closing, providing flexibility for your plans. Located in the Minnetonka School District, close to the shops, dining and lakeside charm that make Excelsior special.

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Multi-Family Coming Soon

Price

$ 424,900

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,006

Style

Duplex Up and Down

Lot Size

0.135

Year Built

1920

Town/City

Excelsior

County/Region

Hennepin

MLS | Web ID

7170721
Features
General
Living Area 1328
Sewer City Sewer/Connected
Heating Forced Air
Roof Asphalt
Garage Spaces 0
Pool Features None
Construction Materials Block Frame
Year Built 1920
Tenant Pays Electricity
Levels One
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 36000
Accessibility None
County Hennepin
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Lobby Entrance
Contingency None
MaintenanceExpense 0
Subdivision Name Reg Land Surv 0155
Directions Mill Street South of Hwy 7 to Third Ave East to home (corner of Wheeler & Third)
City Excelsior
High School District Minnetonka
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5006.96
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Coming Soon
Lender Owned No
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Interior
Basement Egress Window(s) Finished Single Tenant Access Walkout
Basement (Y/N) Y
Above Grade Finished Area 704
Laundry Features In Unit
Total Bedrooms 3
Below Grade Finished Area 624
Total Baths 2
Fuel Natural Gas
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Exterior
Parking Features Gravel
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.135
Building Area Total 1328
Lot Dimensions N 59X87X63X92
Waterfront Y/N N
Foundation Area 704
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 700
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* Excluded Features
List By
Real Broker, Llc

Broker

zach@r2studiosarchitecture.com

Email

Affordability Calculator

$3,352
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,935
Monthly Property Taxes
$417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708531 Elementary School
708355 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/13/2026$424,900 Listed Price

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700 3rd Avenue, Excelsior, MN, 55331 is a Multi-Family Home for sale at $424,900 with 1,328 sqft and a lot size of 0.135. 700 3rd Avenue has 3 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 55331 which is in Excelsior, MN

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