The Nokoma

For Sale

1920 3rd Ave S, Minneapolis, MN 55405

This Minneapolis property for sale is located at 1920 3rd Ave S. Contact the listing broker for details on the current sale price for The Nokoma. The Nokoma is situated on a lot that is 0.13 acre in size.

Contacts

broker
Matthew Tarshis

Frontline Real Estate Partners

Property Details

  • Property Type Multi-Family
  • Property Size 18,088 SF
  • Units 19
  • Lot Size 0.13 Acre
  • Year Built 1917
  • Date Updated Jun 25, 2025
1920 3rd Avenue S is located along the west side of 3rd Avenue in Minneapolis, Minnesota. The Property is located in a densely populated area with over 55,000 people within one (1) mile of the Property. The Nokoma is conveniently located within blocks of Downtown Minnesota and the Interstate-94 and Interstate-35W interchange. Additionally, Minneapolis – Saint Paul International Airport is only 5.5-miles south of the Property. Neighboring retailers include ALDI, Walgreens, CVS/Pharmacy, UPS Store, Wendy’s, Chipotle, Subway, and McDonald’s, among others.The Nokoma is a 19-unit apartment building located at 1920 3rd Ave S in downtown Minneapolis. The building was originally constructed in 1915 and sits on one (1) parcel of land totaling 0.22-acres. The building was renovated in 2008 and 2009 and is operated as a low-income housing tax credit property until 2038. The building totals 18,088 square feet, of which 11,356 square feet is rentable. There are six (6) 1 Bedroom apartments which average 466 square feet, 12 1 Bedroom apartments which average 640 square feet and one (1) garden unit bedroom which is 880 square feet. The Property also includes a parking garage.
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Highlights

  • Conveniently located within blocks of Downtown Minnesota and the Interstate-94 and Interstate-35W interchange
  • Currently 79% occupied
  • Operating as a low-income housing tax credit property until 2038
  • Renovated in 2009 with parking garage

Getting around

  • 89/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 95/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Minneapolis, MN
  • Neighborhood Stevens Square - Loring Heights
  • Zip Code 55405
  • Market Minneapolis St Paul

Points of Interest

  • Government Plaza

    1.02 miles

  • Nicollet Mall

    1.09 miles

  • Cedar-Riverside

    1.14 miles

  • Warehouse District/Hennepin Avenue

    1.18 miles

  • Franklin Avenue

    1.27 miles

  • Royalston

    1.35 miles

  • Bassett Creek Valley

    1.36 miles

  • Target Field - Platform 1

    1.38 miles

  • Target Field - Platform 2

    1.44 miles

  • West Bank

    1.44 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Matthew Tarshis

Frontline Real Estate Partners

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