700 3rd Ave, Excelsior, MN 55331
Property image
Property image
NEW
COMING SOON 11/16

$424,900

  • 3 Beds
  • 2 Baths
  • 1,328 sqft

700 3rd Ave, Excelsior, MN 55331

Est. Mortgage $2,728/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1920
$320/sqft

Local Information

  • Map ViewExplore the area around 700 3rd Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Front porchModern amenitiesPrivate walk-out deckEasy highway access
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.
Last check for updates: about 1 hour ago
Listing courtesy of Zach Rynders, (952) 457-0085
Real Broker, LLC
Source: NorthstarMLS as distributed by MLS GRID, MLS#7170721

Home Details for 700 3rd Ave

Interior Features

Interior Details
Basement: Egress Window(s),Finished,Single Tenant Access,Walk-Out Access
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2
Dimensions and Layout
Living Area: 1328 Square FeetFoundation Area: 704
Appliances & Utilities
Laundry: In Unit
Heating & Cooling
Heating: Forced AirHas HeatingHeating Fuel: Forced Air
Gas & Electric
Electric: Power Company: Xcel EnergyGas: Natural Gas
Levels, Entrance, & Accessibility
Number of Stories: 1Levels: OneAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: Deck, Front Porch, PatioNo Private Pool
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel
Pool
Pool: None
Frontage
Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 704 Square FeetFinished Area (below surface): 624 Square Feet

Days on Market

Days on Market: <1 day on Trulia

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex Up and Down
Building
Construction Materials: Block, FrameNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 3511723230047

Price & Status

Price
List Price: $424,900Price Per Sqft: $320

Active Status

MLS Status: Coming Soon

Location

Direction & Address
City: ExcelsiorCommunity: Reg Land Surv 0155
School Information
High School District: Minnetonka

Agent Information

Listing Agent
Listing ID: 7170721

Building

Building Area
Building Area: 1328 Square Feet

Lot Information

Lot Area: 5880.6 sqft

Offer

Contingencies: None

Business

Expense
Tenant Pays: Electricity

Miscellaneous

BasementMls Number: 7170721Above Grade Unfinished Area: 704Activation Date: Mon Nov 16 2026

Additional Information

HOA Amenities: Lobby Entrance

Price and Tax history

DateEventPrice
Nov 1, 2023
Source: Zillow Rentals
ListingRemoved
Sep 23, 2023
Source: Zillow Rentals
PriceChange
$1,750
Price decreased by 8%
Aug 31, 2023
Source: Zillow Rentals
Listed For Rent
$1,900
Jun 1, 2020
Source: NorthstarMLS as distributed by MLS GRID #5544735
Sold
$359,000
May 4, 2020
Source: Agent Provided
PendingToActive
$349,900

What Locals Say about Excelsior

At least 15 Trulia users voted on each feature.
  • 92 % Say people would walk alone at night

  • 91 % Say it's walkable to restaurants

  • 88 % Say it's dog friendly

  • 86 % Say there's holiday spirit

  • 81 % Say kids play outside

  • 79 % Say there are sidewalks

  • 76 % Say yards are well-kept

  • 74 % Say it's walkable to grocery stores

  • 68 % Say there's wildlife

  • 67 % Say there are community events

  • 65 % Say it's quiet

  • 63 % Say they plan to stay for at least 5 years

  • 60 % Say parking is easy

  • 57 % Say neighbors are friendly

  • 48 % Say car is needed

  • 44 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Marymjurgens
    "Great community for families— parks, beach, activities, walk to school, restaurants, shopping, bike trails, etc "
  • Marymjurgens
    "Concerts in the Commons, local brewery with live music, annual events/festivals: art fair, 4th of July, apple days, ice cream trolley, history, shops, restaurants "
  • Bobbie Daughters
    "Frequent visitor to the area dog sitting in the neighborhood. Very clean, safe and friendly lake living. "
  • Jlehrke16
    "It’s very family friendly. Perfect for growing family’s, with pets, etc. Bike trails are abundant "
  • Melissa J.
    "Love Love Love my neighborhood! My neighbors are wonderful. The community is great. I can’t imagine raising my child anywhere else. "
  • james b.
    "This is a unique and special lakeside community with wonderful shops, restuarants and live music at multiple venues all within easy walking distance. "
  • james b.
    "walkabilty, multitude of activites, beautiful lakefront, lots of shops and reaturants, bike and running paths"

Market trends in Excelsior

Last updated October 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
11
1
MoM
Sourced by Trulia Market Trends

Home Value

Trulia Estimate
$427K
Since last month
Decreased$2K (-0.5%)
Since last year
Increased$15K (+3.7%)
Since last sale
Increased$68K (+19%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +115% in the last 10 years
MonthEstimated value
2026
November 2026$427K
October 2026$427K
September 2026$429K
August 2026$427K
July 2026$428K
June 2026$437K
May 2026$436K
April 2026$444K
March 2026$433K
February 2026$440K
January 2026$435K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.98
Multi-Family Home
$560,000
07/21/26
6
4
3,300
2.01
Multi-Family Home
$570,402
04/01/26
6
4
3,300
1.98
Multi-Family Home
$575,000
02/20/26
6
4
2,880
3.16
Multi-Family Home
$840,000
03/05/26
6
4
3,325
3.94
Multi-Family Home
$520,000
10/23/26
6
4
2,544
4.70
Multi-Family Home
$250,000
11/12/26
2
2
1,706
4.24
Multi-Family Home
$750,000
02/17/26
6
4
3,172

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$480,300
4
2
1,972
Off Market
0.02
$439,500
3
2
1,572
Off Market
0.02
$542,300
2
2
1,900
Off Market
0.03
$487,100
4
2
2,368
Off Market
0.03
$687,900
4
3.5
2,445
Off Market
0.04
$542,700
2
2
3,907
Off Market
0.04
$499,400
2
2
1,400
Off Market
0.04
$475,000
3
2
1,952
Recently Sold
0.04
$661,100
4
4
2,330
Off Market
0.04
$476,500
3
2
2,190
Off Market
0.04
-
3
2
1,200
Off Market
0.04
$367,700
2
2
1,200
Off Market
0.04
$519,500
4
1.5
2,085
Off Market
0.05
$396,400
3
1
2,377
Off Market
0.05
$549,900
4
2
1,928
Off Market
0.05
-
1
1
-
Off Market
0.05
$525,800
3
2
3,312
Off Market
0.05
$447,400
3
2
1,600
Off Market
0.05
$453,500
2
2
2,350
Off Market
0.06
$568,600
4
2
2,000
Off Market

LGBTQ Local Legal Protections

Zach Rynders, Real Broker, LLC
Agent Phone: (952) 457-0085
Based on information submitted to the MLS GRID as of 2026-11-13 01:03:29 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Similar Homes You May Like

Skip to last item
Skip to first item

New Listings near 700 3rd Ave

Skip to last item
Skip to first item

Frequently asked questions about 700 3rd Ave

  • What is the estimated monthly payment for 700 3rd Ave?
    Based on a $424,900 list price with 20% down at today's rates, the estimated monthly payment for 700 3rd Ave in Excelsior, MN is approximately $2,850 (about $2,361 principal & interest, $414 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Excelsior?
    Residents describe Excelsior, MN as walkable to restaurants, dog-friendly, and pedestrian-friendly. See homes for sale in Excelsior, MN.
  • What are the closest schools to 700 3rd Ave?
    The closest schools to 700 3rd Ave in Excelsior, MN are Excelsior Elementary School (rated 10/10), Minnetonka Senior High School (rated 10/10), Minnetonka West Middle School (rated 9/10).
  • What is 700 3rd Ave estimated to be worth?
    Trulia's estimated value for 700 3rd Ave in Excelsior, MN is $426,500.
  • Does 700 3rd Ave have laundry facilities?
    Yes, 700 3rd Ave in Excelsior, MN has laundry facilities.
  • Does 700 3rd Ave have parking?
    Yes, 700 3rd Ave in Excelsior, MN has on-site parking.
700 3rd Ave, Excelsior, MN 55331 is a 3 bedroom, 2 bathroom, 1,328 sqft multi-family built in 1920. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on Nov 13, 2026. The MLS # for this home is MLS# 7170721.