$1,500,000

525 3rd St N Unit 511 Minneapolis, MN 55401

$10,000
Closing credit¹
2 beds
1 full
1,643 sqft
$913 / sqft
Condo

Property details

About 525 3rd St N Unit 511

Discover luxury living at its finest at the North Loop's renowned Bookmen Lofts with this stunning penthouse, unit #511. Enjoy panoramic city views in three directions, showcasing the beauty of downtown Minneapolis. This 1,643-square-foot residence offers 2 bedrooms and 2 bathrooms, featuring a modern 14-foot kitchen island that seamlessly integrates with the living space, ideal for both everyday living and entertaining. The residence extends outdoors to a generous 450-square-foot rooftop patio, perfect for relaxation and gatherings. Practicality meets luxury with 2 underground parking stalls, including one with EV connectivity, providing convenience for modern lifestyles. Located in the heart of the North Loop, this home offers easy access to the area's dining, shopping, and cultural attractions, making it a perfect blend of comfort and vibrant city life.

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,643 sqft
Year built1915
ParkingAssigned, Guest Parking, Underground
MLS #6724866
Garage2 spaces
FireplaceTwo Sided, Circulating, Gas, Living Room, Primary Bedroom

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No
  • Fireplace: Two Sided, Circulating, Gas, Living Room, Primary Bedroom
  • Total Bedroom Count: 2
  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Guest Parking, Underground
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $1,500,000
  • Price/SqFt: $912
  • HOA Amount: $810 Monthly
  • Annual Tax Amount: $12,167
  • Tax Year: 2023
  • Directions: Take 394 to Washington Ave exit. Turn left on Washington to 6th Ave, go left. From 6th Ave turn left to 3rd St. Building is at intersection of 6th Ave and 3rd St right across street from Rise Bagel
  • Year Built: 1915
  • Living Area: 1,643 SqFt
  • MLS Number: 6724866
  • MLS Name: NORTHSTAR
  • Office Name: Compass

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Last updated on: 6/13/2025, 5:37:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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525 3rd St N Unit 511, Minneapolis, MN 55401 - living area with a towering ceiling, rail lighting, stairway, brick wall, and finished concrete flooring

$1,500,000

525 3rd St N Unit 511

$10,000

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 18, 2019
Home Sold
$1,295,000
Apr 10, 2017
Home Sold
$830,000
Apr 20, 2011
Home Sold
$572,550

Tax history

YearAssessmentProperty Tax
2023$850,000$12,167
2022$850,000$12,257
2021$850,000$12,920

History based on county public records data.

Nearby schools

4

Twin Cities International Schools

Public Charter KG-4

0.4 mi

277 12th Ave N

1

Bethune Elementary School

Public District PK-5

0.9 mi

919 Emerson Ave N

1

Hall International

Public Magnet PK-5

0.9 mi

1601 Aldrich Ave N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $71,875. The majority of Minneapolis, MN residents have income between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

30%
<35k
38%
35k-100k
26%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

83%
Single, No Kids
2%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
41%
35-64 yrs old
2%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Hiking/backpackingHiking/backpacking
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 525 3rd St N Unit 511

The listing price of 525 3rd St N Unit 511 property is $1,500,000.

The property 525 3rd St N Unit 511 is a condo located in Minneapolis, Minnesota, 55401.

Active Listing: 525 3rd St N Unit 511 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 525 3rd St N Unit 511 are: Twin Cities International Schools (GreatSchools Rating 4/10), Bethune Elementary School (GreatSchools Rating 1/10), Hall International (GreatSchools Rating 1/10), Mn International Middle Chr School (GreatSchools Rating 2/10), Metro Schools Middle Charter (GreatSchools Rating 7/10), Banaadir Academy (GreatSchools Rating 6/10), Metro Schools Charter (GreatSchools Rating 6/10), Fair Senior High School (GreatSchools Rating 4/10), Banaadir Secondary School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $12,167 (source: MLS/based on county public records data).

The last sale was on March 18, 2019 for $1,295,000 (source: MLS/tax record).

The property at 525 3rd St N Unit 511 has 2 bedrooms and 2 bathrooms.

The property 525 3rd St N Unit 511 is 1,643 SqFt (source: MLS/tax record).

The year of construction for 525 3rd St N Unit 511 is 1915.

This home is located at 525 3rd St N Unit 511 in Minneapolis, MN and zip code 55401 in the North Loop neighborhood. This 1,643 square foot home was built in 1915. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 12, 2025 and is currently priced at $1,500,000.

In May 2025, from all listings sold in Minneapolis, MN there were more than 641 sold above asking price, over 368 sold below and more than 220 were sold right at the asked price. The number of homes for sale in Minneapolis, MN increased by 16.4% between April and May 2025. While the average time on the market in May 2025 was 26 days, the median list price was $355,510.

From Rocket Homes Real Estate and based on county public records data.

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