Pending
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Pending

$399,900

5 Beds 3 Baths 3,000 SQFT 0.14 Acres
Type: Pending

3241 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7083267
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: RE/MAX Results

Property Description

 

Unique Triplex with 3 units fully occupied and eligible for FHA loan assumption for an owner-occupant! Enjoy the peaceful backyard that is fully enclosed with a wooden fence and features a patio. Perfect for dog owners. This building has plenty of space including a partially finished full basement, a 12x12 flex room in the backyard and a workshop attached to garage. Units have been nicely maintained and are rent ready! This is the perfect spot for an owner who would like to cut their living expenses by occupying 1 unit. $3725.00 gross monthly rents. Front unit adjacent to the street is licensed as an accessory dwelling unit.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area3,000 sqft
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
Foundation Dimensions30x23
FuelNatural Gas
Garage Dimensions20x20
Garage Door Width7 sqft
Garage Square Feet400
Laundry FeaturesIn Basement

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesDeck
CityMinneapolis
Construction MaterialsConcrete
ContingencyNone
CountyHennepin
DirectionsFrom Hwy 55, go south on Cedar ave. property is on the left hand side between 31st st and 32nd st
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces1
Gross Income0
HeatingBaseboard, Boiler
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area3,000 sqft
Lot Size UnitsSquare Feet
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense0
OwnerPaysFuel, Repairs, Sewer, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt, Flat
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameMinnehaha Add
Tax Annual Amount$6,815
Tax Year2026
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense0
Year Built1898
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,690 sqft
FencingFull, Wood
Foundation Area690 sqft
Lot Dimensions50x125
Lot FeaturesTree Coverage - Light
Lot Size Area6,098 sqft
Parking FeaturesDetached Garage, Concrete
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
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

$399,900

5 Beds 3 Baths 3,000 SQFT 0.14 Acres
Type: Pending

3241 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7083267
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800