3847 Cedar Avenue S Minneapolis, MN $ 439,900
3847 Cedar Avenue S
$ 439,900
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3847 Cedar Avenue S

Minneapolis, MN, 55407
$ 439,900
Bedrooms4 Baths2.0 Sq 2,646

Monthly Estimate*

$ 3,038

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Multi-Family Home for sale in Minneapolis, MN

for $439,900 with 4 bedrooms and 2 full baths. This 2,646 square foot home was built in 1927 on a lot size of 0.11.

Excellent investment opportunity with strong rental demand! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, plus a finished lower level with additional flex rooms and a 3/4 bath. The current owner has invested over $50,000 in recent capital improvements, including two brand-new boilers, two new water heaters, new washer and dryer, and fresh interior paint throughout. These major updates provide peace of mind and reduce future maintenance costs for the next owner. Conveniently located near shopping, dining, parks, schools, and major highways, this property is ideal for both owner-occupants and investors seeking strong rental potential.

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Multi-Family Active

Price

$ 439,900

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,035

Style

Duplex Up and Down

Lot Size

0.11

Year Built

1927

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7048325

Features
General
Living Area 2646
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 2
Year Built 1927
Electric Circuit Breakers
Tenant Pays All Utilities
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2025
Gross Income 0
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Association Amenities Coin-op Laundry Owned
Contingency None
MaintenanceExpense 0
Subdivision Name Cedar Ave Heights 3rd Add
Directions From Hiawatha Ave west to Cedar Ave House is between E 39th St and Cedar Ave
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 5035
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Block Unfinished
Basement (Y/N) Y
Above Grade Finished Area 2288
Total Bedrooms 4
Below Grade Finished Area 358
Total Baths 2
Fuel Electric Natural Gas
Garage Dimensions 22x24
Garage Square Feet 528
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Exterior
Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 3432
Lot Dimensions 40x144
Waterfront Y/N N
Foundation Area 1144
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Internal Only
Street Number 1 3847
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* Excluded Features
List By
Keller Williams Classic Realty

Broker

juliawang3616@gmail.com

Email

Affordability Calculator

$3,458
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,038
Monthly Property Taxes
$420
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2026$425,000 Listed Price

Map


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3847 Cedar Avenue S, Minneapolis, MN, 55407 is a Multi-Family Home for sale at $439,900 with 2,646 sqft and a lot size of 0.11. 3847 Cedar Avenue S has 4 bedrooms, 2.0 baths, and was built in 1927. The property's zip code is 55407 which is in Minneapolis, MN