Well kept duplex in downtown Nicollet. Many updates include windows, roof, and siding. All utilities are separate, and paid for by the tenants. Current rents are $725 down and $675 up. Both units have good sized garages. 2 bdrm, 1 bath each, water softeners and built in dishwashers. Each unit comes with a washer/dryer. Lower unit also has use of partially finished basement. This has good cash flow and area rents are actually higher than the current rents here. Must see to appreciate!
1880Year Built
4,748 sq ftLot Size
$68Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Lisa Fitterer• RE/MAX DYNAMIC AGENTS
Bought with PAMELA DAVEY• RE/MAX DYNAMIC AGENTS
Source:RASM #7014476
Redfin Estimate
$178,735
$24K since sold in February 2024
Recently sold homes
Estimate history
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This home's estimate is 41.4% lower than the average sale price ($305K) of 6 comparable homes.
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Earn from this home
Refinance
$0
Est. cash available
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Market trends in 56074, MN
Last updated August 2026
Sale-to-List Price
99.6%
+0.0% MoM
Median sale price
$381K
$11K MoM
Avg. days on market
50d
26 days MoM
Recently sold homes
8
1 MoM
Provided by Redfin
Sale history for 722 3rd St
Date
Event
Price
Public Records
Feb 6, 2024
Sold
$155,000
$59/sq ft
RASM #7014476
Oct 18, 2017
Sold
$147,000
$56/sq ft
May 2, 2017
Listed
$148,900
$57/sq ft
+10
Well kept duplex in downtown Nicollet. Many updates include windows, roof, and siding. All utilities are separate, and paid for by the tenants. Current rents are $725 down and $675 up. Both units have good sized garages. 2 bdrm, 1 bath each, water softeners and built in dishwashers. Each unit comes with a washer/dryer. Lower unit also has use of partially finished basement. This has good cash flow and area rents are actually higher than the current rents here. Must see to appreciate!
Year
Property tax
Land + Additions
Assessment*
2026
$3,440 (+20.4%)
$18,000 + $174,600
$192,600
2025
$2,856 (+2.3%)
$18,000 + $172,100
$190,100
2024
$2,792 (+5.4%)
$18,000 + $161,300
$179,300
2023
$2,650 (+1.1%)
$18,000 + $142,500
$160,500
2022
$2,622 (+4.9%)
$18,000 + $116,000
$134,000
2021
$2,500 (+1.0%)
$15,300 + $110,500
$125,800
2020
$2,476 (−1.8%)
$15,300 + $117,200
$132,500
2019
$2,522 (+5.9%)
$10,100 + $123,000
$133,100
2018
$2,382 (+4.4%)
$10,100 + $138,700
$148,800
2017
$2,282 (+20.2%)
$10,100 + $138,700
$148,800
2015
$1,898 (+2.0%)
$10,100 + $120,600
$130,700
2014
$1,860
$10,100 + $114,600
$124,700
Tax history for 722 3rd St
Year
Property tax
Land + Additions
Assessment*
2026
$3,440 (+20.4%)
$18,000 + $174,600
$192,600
2025
$2,856 (+2.3%)
$18,000 + $172,100
$190,100
2024
$2,792 (+5.4%)
$18,000 + $161,300
$179,300
2023
$2,650 (+1.1%)
$18,000 + $142,500
$160,500
2022
$2,622 (+4.9%)
$18,000 + $116,000
$134,000
2021
$2,500 (+1.0%)
$15,300 + $110,500
$125,800
2020
$2,476 (−1.8%)
$15,300 + $117,200
$132,500
2019
$2,522 (+5.9%)
$10,100 + $123,000
$133,100
2018
$2,382 (+4.4%)
$10,100 + $138,700
$148,800
2017
$2,282 (+20.2%)
$10,100 + $138,700
$148,800
2015
$1,898 (+2.0%)
$10,100 + $120,600
$130,700
2014
$1,860
$10,100 + $114,600
$124,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Property details
Interior
Basement Information
Basement Sq. Ft: 474
Basement Type: Full
Bathroom Information
# of Full Baths: 2
Heating & Cooling
Heating Type: Electric
Room Information
# of Rooms: 9
Exterior
Exterior Information
Physical Condition: Good
Foundation Type: Concrete Block
Construction Type: Frame
Exterior Wall: Vinyl
Roof Covering Type: Asphalt
Roof Shape Type: Asphalt
Property Information
Subdivision Name: ORIGINAL
Living Sq. Ft: 2,622
Building Sq. Ft: 3,006
# of Stories: 2
Stories Type: 2
Legal Description: BLOCK 10 LOT EX E 30' OF LOT 5 & E 1/2 OF LOT 6 SUBDIVISIONCD 17682 SUBDIVISIONNAME ORIGINAL PLAT
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 1,120
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 4,748
Legal Lot Number: 5
Legal Block Number: 10
Municipality Name: NICOLLET
Acres: 0.109
County Use Description: 4B1-RESIDENTIAL NON-HOMESTEAD
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,622
Stories: 2.0
Lot Size: 4,748 square feet
Style: Other
Year Built: 1880
Year Renovated: 1880
County: Nicollet County
APN: 17.682.0090
Home facts updated by county records on Aug 25, 2026
Around this home
Schools
Nicollet Elementary School
Public PreK-6 • Assigned • 0.2mi
9/10
Nicollet Secondary
Public 7-12 • Assigned • 0.2mi
7/10
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 99° expected this year, 15 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
Nicollet, MN • 56074
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78
56
66
45
44
30
30
14
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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
Estimated sale price
$170,000 – $206,000
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