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3932 Cedar Avenue S Minneapolis, MN $ 399,900
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3932 Cedar Avenue S
$ 399,900
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3932 Cedar Avenue S

Minneapolis, MN, 55407
$ 399,900
Bedrooms4 Baths3.0 Sq 2,855

Monthly Estimate*

$ 2,793

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Multi-Family Home for sale in Minneapolis, MN

for $399,900 with 4 bedrooms and 3 full baths. This 2,855 square foot home was built in 1923 on a lot size of 0.11.

Amazing opportunity in the heart of South Minneapolis! This unique triplex offers traditional 1 bedroom and 2 bedroom units plus a retail space. The shop features a bright, open retail area, a work space and office in the back, a kitchenette, and a ¾ bathroom. Above the shop is a large loft and a bedroom. The two units behind the shop feature hardwood floors, lots of natural light, and good sized bedrooms. The fully fenced yard includes a private patio – perfect for summer evenings. The oversized garage has room for two cars and storage. Great location with easy access to shopping, transportation, the airport, and the Mall of America. The property is zoned Commercial, so it will need commercial financing. Don’t miss it!

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Multi-Family Active

Price

$ 399,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,651

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1923

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6525807
Features
General
Sewer City Sewer/Connected
Heating Boiler Forced Air Hot Water
Garage Spaces 2
Construction Materials Stucco
Year Built 1923
Electric Circuit Breakers
Tenant Pays Electricity
Levels Two
Property SubType Duplex Up and Down
Tax Year 2023
Gross Income 25200
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Monroe Bros Sub Of Lts Herrick Haml
Directions West side of Cedar Avenue between 39th and 40th Streets
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Business/Commercial Residential-Multi-Family
Total Units 3
Street Name Cedar
Land Lease Y/N N
Tax Annual Amount 5651
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Daylight/Lookout Windows Finished Walkout
Basement (Y/N) Y
Above Grade Finished Area 2551
Street Suffix Avenue
Below Grade Finished Area 304
Fuel Natural Gas
Garage Square Feet 720
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Exterior
Fencing Full Wire Wood
Parking Features Detached Gravel
Water Source City Water/Connected
Lot Size Area 0.11
Lot Dimensions 40x122
Lot Size Units Acres
Foundation Area 1609
Road Frontage Type City Street Paved Streets
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Internal Only
Street Number 1 3932
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* Excluded Features
List By
Counselor Realty, Inc.

Broker

Pete@M19R.com

Email

Affordability Calculator

$3,264
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,793
Monthly Property Taxes
$471
Monthly 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.
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THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/25/2024$399,900 Listed Price

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3932 Cedar Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $399,900 with 2,855 sqft and a lot size of 0.11. 3932 Cedar Avenue S has 4 bedrooms, 3.0 baths, and was built in 1923. The property's zip code is 55407 which is in Minneapolis, MN

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