521 3rd Ave SW Cambridge, MN 55008
Property details
About 521 3rd Ave SW
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.
Highlights
Summary
- Basement: Yes
- Parking: Paved
- Heating: Baseboard, Forced Air
- List Price: $359,900
- Price/SqFt: $134
- Annual Tax Amount: $3,944
- Tax Year: 2024
- Directions: Take the Cambridge exit from Hwy 65, head west on Hwy 95, turn left on Dellwood St. S, turn on 3rd Ave. SW, property is the 2nd home on th left.
- Year Built: 1900
- Living Area: 2,669 SqFt
- MLS Number: 6760219
- MLS Name: NORTHSTAR
- Office Name: Realty ONE Group Choice
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 05, 2016 | Home Sold | $135,000 |
| Apr 20, 2006 | Home Sold | $187,680 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $270,600 | $3,944 |
| 2023 | $270,600 | $2,802 |
| 2022 | $214,400 | $2,802 |
| 2021 | $157,800 | $2,766 |
| 2019 | $161,400 | $2,898 |
| 2018 | $150,600 | $2,782 |
| 2017 | $145,700 | $2,818 |
History based on county public records data.
Nearby schools
7
Cambridge Intermediate School
Public District 3-5
0.3 mi
•428 2nd Ave NW
5
Art and Science Academy
Public Charter KG-4
4.7 mi
•903 6th Avenue Ct NE Ste A
6
Isanti Intermediate School
Public District 3-5
5.6 mi
•101 9th Ave NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,814. Most Cambridge, MN residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Arbys
What do the neighbors drive?
Buick
Chevrolet
GMC
What do the neighbors listen to?
Oldies
Adult Standards
Country
Frequently asked questions
About 521 3rd Ave SW
The listing price of 521 3rd Ave SW property is $359,900.
The property 521 3rd Ave SW is a multi located in Cambridge, Minnesota, 55008.
Active Listing: 521 3rd Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 521 3rd Ave SW are: Cambridge Intermediate School (GreatSchools Rating 7/10), Art and Science Academy (GreatSchools Rating 5/10), Isanti Intermediate School (GreatSchools Rating 6/10), Cambridge Middle School (GreatSchools Rating 5/10), Art & Science Academy Middle School (GreatSchools Rating 4/10), Isanti Middle School (GreatSchools Rating 4/10), Cambridge-Isanti High School (GreatSchools Rating 6/10), Riverside Academy Intermediate School (GreatSchools Rating 10/10), Riverside Academy (GreatSchools Rating 1/10).
According to the records, the last property tax for 2024 is $3,944 (source: MLS/based on county public records data).
The last sale was on May 5, 2016 for $135,000 (source: MLS/tax record).
The property 521 3rd Ave SW is 2,669 SqFt (source: MLS/tax record).
The year of construction for 521 3rd Ave SW is 1900.
This home is located at 521 3rd Ave SW in Cambridge, MN and zip code 55008. This 2,669 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since July 24, 2025 and is currently priced at $359,900.
While more than 8 listings in Cambridge, MN in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 8 were sold below. In June 2025 in Cambridge, MN there were 10.2% more homes for sale than in May. Listings spent 29 days on the market in June 2025, and had a median list price of $319,990 during the same period.