217 Cedar Lake Road N Minneapolis, MN ^$ 385,000

217 Cedar Lake Road N

^$ 385,000

Back to search

217 Cedar Lake Road N

Minneapolis, MN, 55405

^$ 385,000

Bedrooms4 Baths2.0 Sq 2,250

Monthly Estimate*

^$ 2,689

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 1

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 2

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 3

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 4

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 5

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 6

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 7

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 8

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 9

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 10

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 11

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 12

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 13

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 14

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 15

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 16

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 17

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 18

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 19

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 20

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 21

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 22

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 23

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 24

217 Cedar Lake Road N, Minneapolis, MN 55405 - Image 25

Multi-Family Home for sale in Minneapolis, MN

for $385,000 with 4 bedrooms and 2 full baths. This 2,250 square foot home was built in 1928 on a lot size of 0.18.

Terrific up/down duplex that works well for an owner occupant or an investor. Prime location with easy access to highways. Brynn Mar restaurants, shops, breweries and parks. Walking distance to Theodore Wirth Park. Units are spacious and light filled and have hardwood floors throughout. Second floor includes heated floors in kitchen and bath in-unit laundry. Roof was replaced in 2023 and sewer was updated in 2024. Boilers replaced in 2002.

Multi-Family Pending

Price

^$ 385,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 5,391

Style

Duplex Up and Down

Lot Size

0.18

Year Built

1928

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6505481

Features

General

Sewer City Sewer/Connected

Heating Boiler Hot Water Radiant Floor

Roof Age 8 Years or Less Asphalt Pitched

Garage Spaces 2

Construction Materials Brick/Stone Stucco

Year Built 1928

Electric Circuit Breakers 100 Amp Service

Tenant Pays Cable TV Electricity Fuel

Levels Two

Property SubType Duplex Up and Down

Tax Year 2024

Gross Income 38400

Accessibility None

County Hennepin

Operating Expense 0

Insurance Expense 1500

New Construction N

Property Type Residential Income

Association Amenities Patio

Contingency None

Subdivision Name Sam E Adams Homestead

Directions Penn Ave to cedar Lake Road-east to property.

City Minneapolis

Buyer Agent Compensation 2.70

High School District Minneapolis

Zoning Description Residential-Multi-Family

Total Units 2

Street Name Cedar Lake

Land Lease Y/N N

Tax Annual Amount 5391

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1200

Additional Parcels Y/N N

Days on Market 1

Standard Status Pending

Lender Owned No

Buyer Agent Compensation Type %

Interior

Basement Block Daylight/Lookout Windows Drain Tiled Drainage System Full Sump Pump Unfinished

Basement (Y/N) Y

Above Grade Finished Area 2250

Street Suffix Road

Below Grade Finished Area 0

Fuel Natural Gas

Garage Square Feet 0

Exterior

Fencing Wood

Parking Features Detached Driveway - Other Surface Garage Door Opener

Lot Features Public Transit (w/in 6 blks) Tree Coverage - Medium

Water Source City Water/Connected

Lot Size Area 0.18

Lot Dimensions 45x169

Lot Size Units Acres

Foundation Area 1125

Road Frontage Type City Street Curbs Paved Streets Sidewalks

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 217

* Excluded Features

List By

Re/Max Results

Broker

homes@tonyjohannes.com

Affordability Calculator

$3,139

Per Month

Monthly Principal & Interest: $2,689
Monthly Property Taxes: $449
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Multi-family listings in Minneapolis, MN

Average List Price ^$530,451

Percent of Sale Price 38%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/18/2024	$385,000		Listed Price

Map

More homes like this one

homes for you

See all

217 Cedar Lake Road N, Minneapolis, MN, 55405 is a Multi-Family Home for sale at $385,000 with 2,250 sqft and a lot size of 0.18. 217 Cedar Lake Road N has 4 bedrooms, 2.0 baths, and was built in 1928. The property's zip code is 55405 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

217 Cedar Lake Road N

Multi-Family Home for sale in Minneapolis, MN

Affordability Calculator

Map

More homes like this one

Get more info about this home