Google street view image for 240 3rd St, Excelsior, MN 55331

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Sold

—

•

4.5 ba

•

3,011

sq ft

240 3rd St, Excelsior, MN 55331

About this home

VINTAGE DUPLEX IN THE HEART OF EXCELSIOR. Features high ceilings, nice sized rooms, screened porches. Some updates needed. Great potential for owner-occupant or single family home. Short walk to historic downtown Excelsior and Lake Minnetonka.

Single-familyProperty Type

1900Year Built

0.26 acresLot Size

1 car garageParking

Source:Public Records

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Earn from this home

Rent

$5,243/mo

Redfin rental estimate

List your home for rent

Market trends in 55331, MN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

0.6% MoM

Median sale price

$855K

$28K MoM

Avg. days on market

29d

7 days MoM

Recently sold homes

112

8 MoM

New listings for sale

OPEN TODAY, 4PM TO 7PM
$1,299,900
4 beds4 baths4,088 sq ft
5915 Sweetwater Cir, Shorewood, MN 55331
COMING SOON
$2,250,000
3 beds4 baths2,401 sq ft
5125 West St, Greenwood, MN 55331
OPEN FRI, 4PM TO 5:30PM
$1,100,000
2 beds2 baths1,101 sq ft
423 Lake St, Excelsior, MN 55331
COMING SOON
$1,775,000
5 beds5 baths4,817 sq ft
20750 Parkview Ln, Shorewood, MN 55331
$845,000
3 beds4 baths4,406 sq ft
4905 Regents Walk, Shorewood, MN 55331
$725,000
4 beds4 baths3,165 sq ft
26145 Oak Leaf Trl, Shorewood, MN 55331
$1,549,862
3 beds3 baths3,787 sq ft
3961 White Oak Ln, Excelsior, MN 55331
$579,900
4 beds3 baths2,612 sq ft
542 3rd Ave, Excelsior, MN 55331
OPEN SAT, 12PM TO 3PM
$389,000
3 beds2 baths1,452 sq ft
5530 Wedgewood Dr, Shorewood, MN 55331
OPEN SAT, 12PM TO 2PM
$1,499,700
2 beds2 baths2,236 sq ft
21957 Minnetonka Blvd #17, Greenwood, MN 55331
See all

Provided by Redfin

Sale history for 240 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$21,637 (+5.2%)

$753,300 + $808,300

$1,561,600

2025

$20,559 (+11.0%)

$736,000 + $789,600

$1,525,600

2024

$18,528 (+8.2%)

$637,100 + $786,100

$1,423,200

2023

$17,125 (+8.7%)

$542,000 + $752,000

$1,294,000

2022

$15,756 (+3.9%)

$471,000 + $625,000

$1,096,000

2021

$15,158 (+0.1%)

$456,000 + $604,000

$1,060,000

2020

$15,138 (+7.0%)

$440,000 + $588,000

$1,028,000

2019

$14,145 (+7.8%)

$406,000 + $560,000

$966,000

2018

$13,118 (+11.0%)

$406,000 + $495,000

$901,000

2017

$11,817 (+64.5%)

$285,000 + $520,000

$805,000

2015

$7,182 (+102.8%)

$169,000 + $336,000

$505,000

2014

$3,542 (+7.4%)

$109,000 + $126,000

$235,000

2013

$3,299 (−9.7%)

$99,000 + $125,000

$224,000

2012

$3,655

Tax history for 240 3rd St

Year

Property tax

Land + Additions

Assessment*

2026

$21,637 (+5.2%)

$753,300 + $808,300

$1,561,600

2025

$20,559 (+11.0%)

$736,000 + $789,600

$1,525,600

2024

$18,528 (+8.2%)

$637,100 + $786,100

$1,423,200

2023

$17,125 (+8.7%)

$542,000 + $752,000

$1,294,000

2022

$15,756 (+3.9%)

$471,000 + $625,000

$1,096,000

2021

$15,158 (+0.1%)

$456,000 + $604,000

$1,060,000

2020

$15,138 (+7.0%)

$440,000 + $588,000

$1,028,000

2019

$14,145 (+7.8%)

$406,000 + $560,000

$966,000

2018

$13,118 (+11.0%)

$406,000 + $495,000

$901,000

2017

$11,817 (+64.5%)

$285,000 + $520,000

$805,000

2015

$7,182 (+102.8%)

$169,000 + $336,000

$505,000

2014

$3,542 (+7.4%)

$109,000 + $126,000

$235,000

2013

$3,299 (−9.7%)

$99,000 + $125,000

$224,000

2012

$3,655

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

4.5

Stories

1.75

Lot width

90 ft.

Lot depth

120 ft.

Lot size

0.26 Acres

Year renovated

2006

Sq. Ft.

3,011

Year built

1900

Style

Single Family Residential

County

Hennepin County

APN

34 117 23 12 0029

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 17, 2026.

Property details

Around this home

Schools

Excelsior Elementary School

Public K-5 • Assigned • 0.3mi

10/10

Minnetonka West Middle School

Public 6-8 • Assigned • 1.3mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 2.9mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 98° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Excelsior, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 55331

OPEN TODAY, 4PM TO 7PM

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Gourmet kitchen • Walk-in pantry • Dedicated coffee bar

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542 3rd Ave, Excelsior, MN 55331

Excelsior location • Walk to downtown • Lake minnetonka

OPEN SAT, 12PM TO 3PM3D WALKTHROUGH

$389,000

3 beds2 baths1,452 sq ft

5530 Wedgewood Dr, Shorewood, MN 55331

New appliances • Walk out basement • 0.42 acre lot

Home values near 240 3rd St

Data from public records.

Address	Redfin Estimate
200 3rd St, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,555,361
215 3rd St, Excelsior, MN 3 Beds \| 2 Baths \| - Sq. Ft.	$1,155,970

Address	Redfin Estimate
250 3rd St, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$1,095,292
221 3rd St, Excelsior, MN 3 Beds \| 3 Baths \| - Sq. Ft.	$1,272,288

Address	Redfin Estimate
243 3rd St, Excelsior, MN 3 Beds \| 4 Baths \| - Sq. Ft.	$1,426,282
216 3rd St, Excelsior, MN 4 Beds \| 2 Baths \| - Sq. Ft.	$912,844

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GreatSchools Ratings provided by GreatSchools.org.

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