OFF MARKET

Off market may 2024 for $90K

—

Est. refi paymentEst. refi $626/mo

—

•

— ba

•

2,881

sq ft

545 3rd Street St, Frost, MN 56033

About this home

Triplex property that has been meticulously well maintained! The main level apartment features a large living room, enclosed porch/mudroom, dining area with a spacious kitchen, full bath, office area and one bedroom The second apartment is upstairs and has a very large living room, bedroom, eat in kitchen, and 3/4 bath. The third apartment is located in the basement and is fully furnished. Also located in the basement is a coin operated washer and dryer for all tenants. The back yard is a common use area for all tenants with a great place to relax with a patio and pergola, and fireplace. The property also includes a detached double garage. All appliances are included. Great investment opportunity, call for your appointment today!

Multi-familyProperty Type

1900Year Built

8,712 sq ftLot Size

$31Price/Sq.Ft.

Listed by LAURIE OELKE • OLSON NELSON REALTY

Contact: Offic: 507-526-7304

Bought with LAURIE OELKE • OLSON NELSON REALTY

Redfin checked: a minute ago

•Source:RASM #7034223

Redfin Estimate

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

Market trends in 56033, MN

Last updated September 2026

Sale-to-list price

95.8%

4.2% MoM

Median sale price

$110K

$90K MoM

Avg. days on market

39d

37 days MoM

Recently sold homes

1 MoM

Provided by Redfin

Sale history for 545 3rd Street St

Year

Property tax

Land + Additions

Assessment*

2025

$826 (+2.7%)

$2,400 + $21,400

$23,800

2024

$804 (−21.0%)

$2,400 + $20,900

$23,300

2023

$1,018 (−2.1%)

$2,400 + $25,400

$27,800

2022

$1,040 (+37.2%)

2021

$758 (+2.2%)

$2,400 + $15,100

$17,500

2020

$742 (+1.6%)

$2,400 + $15,100

$17,500

2019

$730 (+4.3%)

$1,900 + $11,300

$13,200

2018

$700 (+7.7%)

$1,900 + $11,300

$13,200

2017

$650 (−9.5%)

$1,900 + $11,300

$13,200

2016

$718 (−2.7%)

$1,900 + $11,300

$13,200

2015

$738 (+7.9%)

$1,900 + $11,300

$13,200

2014

$684

$1,900 + $16,400

$18,300

Tax history for 545 3rd Street St

Year

Property tax

Land + Additions

Assessment*

2025

$826 (+2.7%)

$2,400 + $21,400

$23,800

2024

$804 (−21.0%)

$2,400 + $20,900

$23,300

2023

$1,018 (−2.1%)

$2,400 + $25,400

$27,800

2022

$1,040 (+37.2%)

2021

$758 (+2.2%)

$2,400 + $15,100

$17,500

2020

$742 (+1.6%)

$2,400 + $15,100

$17,500

2019

$730 (+4.3%)

$1,900 + $11,300

$13,200

2018

$700 (+7.7%)

$1,900 + $11,300

$13,200

2017

$650 (−9.5%)

$1,900 + $11,300

$13,200

2016

$718 (−2.7%)

$1,900 + $11,300

$13,200

2015

$738 (+7.9%)

$1,900 + $11,300

$13,200

2014

$684

$1,900 + $16,400

$18,300

*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

Stories

Lot width

170 ft.

Lot depth

50 ft.

Lot size

8,712 Sq. Ft.

Year renovated

1900

Sq. Ft.

2,881

Year built

1900

Style

Other

County

Faribault County

APN

260023400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Gravel

Interior

Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Propane, Baseboard, Hot Water

Interior Features
Appliances: Water Softener, Refrigerator, Microwave

Room Information
Has Basement
Basement Details: Full

Exterior

Exterior Features
Patio And Porch Features: Patio
Roof: Metal

Building Information
Above Grade Finished Area: 1,886
Below Grade Finished Area: 995
Construction Materials: Vinyl Siding

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family

Lot Information
Road Responsibility: Public Maintained Road
Lot Size Dimensions: 170 x 50
Lot Size Acres: 0.2

Financial

Tax Information
Tax Annual Amount: $804

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

Schools Information
School District: Blue Earth Area #2860

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,881
Stories: 2.0
Lot Size: 8,712 square feet
Style: Other
Year Built: 1900
Year Renovated: 1900
County: Faribault County
APN: 260023400

Home facts updated by county records on Sep 16, 2026

Other

Listing Information
AttributionContact: Offic: 507-526-7304

Around this home

Schools

Blue Earth Elementary School

Public PreK-5 • Assigned • 9.6mi

4/10

Blue Earth Area Senior High School

Public 8-12 • Assigned • 9.4mi

6/10

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 100° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 days in 30 years

Provided by First Street

Historical weather

Frost, MN • 56033

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Frost. 3 minutes to get started.

Nearby similar homes

$310,000

1 bed4 baths3,833 sq ft

403 2nd St NW, Austin, MN 55912

$189,000

7 beds3 baths1,890 sq ft

509 E 4th St, Albert Lea, MN 56007

$149,900

6 beds2 baths2,064 sq ft

919 W Front St, Albert Lea, MN 56007

$179,000

5 beds2 baths1,944 sq ft

309 3rd Ave SW, Austin, MN 55912

$324,990

3 beds3 baths2,256 sq ft

624 Tomahawk Ct, Madison Lake, MN 56063

$94,900

2 beds2 baths1,449 sq ft

214 W College St, Albert Lea, MN 56007

Home values near 545 3rd Street St

Data from public records.

Address	Redfin Estimate
605 3rd Street, Frost, MN 2 Beds \| 2.5 Baths \| 1697 Sq. Ft.	$126,647
525 3rd Street, Frost, MN 2 Beds \| 1 Baths \| 1423 Sq. Ft.	$70,265

Address	Redfin Estimate
600 3rd Street, Frost, MN 2 Beds \| 2 Baths \| 1782 Sq. Ft.	$149,290
535 3rd Street, Frost, MN 2 Beds \| 1 Baths \| 1128 Sq. Ft.	$116,672

Address	Redfin Estimate
520 3rd Street, Frost, MN 3 Beds \| 1 Baths \| 1194 Sq. Ft.	$83,113
565 3rd Street, Frost, MN 4 Beds \| 2 Baths \| 2122 Sq. Ft.	$124,649

Property information provided by RASM when last listed in 2024. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for sale near me	Minneapolis, MN homes for sale	Eagan, MN homes for sale
Land for sale near me	St. Paul, MN homes for sale	Minnetonka, MN homes for sale
Open Houses near me	Edina, MN homes for sale	Frost Property Records
Condos for sale near me	Woodbury, MN homes for sale	MN New Listings
Agents near me	Plymouth, MN homes for sale	Frost Housing Market

Minnesota Lake homes for sale
Blue Earth homes for sale
Wells homes for sale

About this home

Redfin Estimate

Market trends in 56033, MN

Sale history for 545 3rd Street St

Tax history for 545 3rd Street St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 545 3rd Street St

More real estate resources