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$439,900

4 Beds 2 Baths 2,646 SQFT 0.11 Acres
Type: Multi-Family

3847 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7048325
The Real Estate Advantage
Office: 952.224.8800
Presented by: Keller Williams Classic Realty

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,288 sqft
BasementBlock, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area358 sqft
FuelElectric, Natural Gas
Garage Dimensions22x24
Garage Square Feet528

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsFrom Hiawatha Ave, west to Cedar Ave, House is between E 39th St and Cedar Ave
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income0
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,646 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCedar Ave Heights 3rd Add
Tax Annual Amount$5,035
Tax Year2025
Tenant PaysAll Utilities
Trash Expense0
Water Sewer Expense0
Year Built1927
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,432 sqft
Foundation Area1,144 sqft
Lot Dimensions40x144
Lot Size Area0 sqft
Parking FeaturesDetached Garage
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$439,900

4 Beds 2 Baths 2,646 SQFT 0.11 Acres
Type: Multi-Family

3847 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7048325
The Real Estate Advantage
Office: 952.224.8800