Don't miss this opportunity to own a prime investment property. This 3 unit rental property is well maintained and is located in the heart of Cambridge. This versatile property includes one cozy one bedroom unit and two spacious 2 bedroom units, perfect for attracting a variety of tenants. Ideal for investors seeking steady income or looking to rent out one unit while renting the others. Lower unit has updated bathroom and new carpet through out. Close to the city park, restaurants, and shops. 2 units have forced air heat and central AC units. Aluminum siding with a paved private parking area.
Pending
$359,900
521 3rd Ave SW, Cambridge, MN 55008
5beds
3baths
2,669sqft
Est.:
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$135/sqft
$-- HOA
What's special
Cozy one bedroom unitNew carpetCentral ac unitsUpdated bathroomPaved private parking areaForced air heat
- 47 days |
- 170 |
- 9 |
Zillow last checked: 8 hours ago
Listing updated: November 25, 2025 at 09:20am
Listed by:
Lisa Becker 763-232-5932,
Realty ONE Group Choice
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6809139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Forced Air
Features
- Basement: Block,Finished,Walk-Out Access
Interior area
- Total structure area: 2,669
- Total interior livable area: 2,669 sqft
- Finished area above ground: 1,954
- Finished area below ground: 715
Property
Parking
- Parking features: Paved
- Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
Lot
- Size: 10,018.8 Square Feet
- Dimensions: 70 x 142
Details
- Foundation area: 1211
- Parcel number: 150480350
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Aluminum Siding
Condition
- Age of Property: 125
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Congers Add
Location
- Region: Cambridge
Financial & listing details
- Price per square foot: $135/sqft
- Tax assessed value: $270,600
- Annual tax amount: $3,944
- Date on market: 10/24/2025
- Cumulative days on market: 78 days
Estimated market value
Not available
Estimated sales range
Not available
$2,124/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Pending sale | $359,900$135/sqft |
Source: | ||
| 10/24/2025 | Listed for sale | $359,900$135/sqft |
Source: | ||
| 10/20/2025 | Listing removed | $359,900$135/sqft |
Source: | ||
| 10/19/2025 | Listed for sale | $359,900$135/sqft |
Source: | ||
| 9/11/2025 | Pending sale | $359,900$135/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,944 +19.8% | $270,600 |
| 2023 | $3,292 +17.5% | $270,600 +26.2% |
| 2022 | $2,802 +1.3% | $214,400 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,206/mo
Principal & interest
$1768
Property taxes
$312
Home insurance
$126
Climate risks
Neighborhood: 55008
Nearby schools
GreatSchools rating
- 6/10Cambridge Intermediate SchoolGrades: 3-5Distance: 0.3 mi
- 7/10Cambridge Middle SchoolGrades: 6-8Distance: 2.4 mi
- 6/10Cambridge-Isanti High SchoolGrades: 9-12Distance: 0.3 mi
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