505 3rd Avenue SENorwood Young America, MN 55397
$474,900
2 bedrooms · 1 bathrooms · 1,424 finished sq ft · 7.01 acre lot
About this home
Don't miss this rare opportunity to own one of the last sizable parcels within Norwood Young America city limits, with city sewer and water already connected. This well-maintained one-story rambler sits on a generous lot with an additional north parcel included, offering room to garden, build, or simply enjoy the space. Inside, you'll find a bright and functional layout: a spacious living room, formal dining area, and a welcoming kitchen with breakfast bar and plenty of cabinetry. Two comfortably sized bedrooms and a full bath make single-level living easy. A three-season porch overlooks the backyard—perfect for morning coffee or evening relaxation. The unfinished lower level is a blank canvas for extra living space, storage, or a workshop. With a two-car attached garage and allowance for up to 1,600 sq ft of accessory structures, there's plenty of room for vehicles, hobbies, or future expansion. Enjoy easy access to parks, trails, and local amenities, plus convenient highway access that will only improve with the upcoming 212 extension. Come see the potential for yourself!
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1998
- Bedrooms
- 2
- Bathrooms
- 1
- Finished sq ft
- 1,424
- Lot
- 7.01 acres
- Garage
- 2 stalls
- Basement
- Full, Unfinished, Daylight
- Heating
- Propane, Forced Air
- Cooling
- Central Air
- Property taxes
- $5,858 a year
- Listed
- October 23, 2026
- MLS number
- 7163821
Listing courtesy of Compass (Christopher J Dennis). MLS #7163821.
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How it compares
505 3rd Avenue SE, Norwood Young America, MN 55397 is a 2-bedroom single-family home built in 1998, listed for $474,900 on October 23, 2026 by Compass. That is in the upper quarter of the 17 single-family homes for sale in Norwood Young America right now (median $299,500; $333 per square foot here against $153 for the group). That works out to $333 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Norwood Young America community guideSchools, commutes, parks, home values and local stories.
- Norwood Young America housing market, September 2026Homes sold for a median $325,000 over 12 months (−3.0%), 69 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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