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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.

  • Bedrooms
    3
  • Year Built
    1920
  • Stories
    1.0
  • Construction Materials
    Frame, Block
  • Foundation
    Block
  • Parking Features
    Gravel
  • Living Area
    1328.0
  • Patio And Porch
    Patio, Deck, Front Porch
  • Pool Features
    None
  • Heating
    Forced Air, Natural Gas
  • Basement
    Finished, Walk-Out Access

  • Acres
    0.135
  • Lot Features
    Corner Lot
  • Water
    Public


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Frequently Asked Questions

How do I schedule a tour of 700 3rd Ave?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 700 3rd Ave.

They know residential incomes in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 700 3rd Ave?

Click Ask a Question to talk with our team. You already know it is a 3 bed, N/A bath, listed for $424,900. We can talk through recent upgrades, potential seller motivation, how this duplex compares to others in Excelsior, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 700 3rd Ave?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 700 3rd Ave at around $2,835. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 700 3rd Ave?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Hennepin County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 700 3rd Ave?

In most cases, yes. Whether 700 3rd Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Excelsior's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 700 3rd Ave?

We can handle that for you. Our preferred local agent specializes in residential incomes in Excelsior and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $424,900 with 1,328 sqft of space—that comes out to approximately $320 per square foot.

How long has this property been on the market?

700 3rd Ave was listed on November 08, 2026, which means it's been on the market for 5 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1920, making it approximately 106 years old.

What is the lot size of this property?

700 3rd Ave sits on a 0.14-acre lot, which is 6,098 square feet.

What are the property taxes for 700 3rd Ave?

The most recent public record shows annual property taxes for 700 3rd Ave were approximately $5,007. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 700 3rd Ave still available for sale?

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 13, 2026 at 07:17PM. 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.

Last Updated: November 13, 2026 at 07:17PM | Source: NorthstarMLS | MLS#: 7170721

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