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$280,000

4 Beds 2 Baths 1,976 SQFT 0.15 Acres
Type: Multi-Family

2800 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7141068
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Aire LLC

Property Description

 

Corner lot, two 2-bedroom units, and the upper one is vacant the day you get the keys. This 1903 up-down duplex sits on the corner at 28th and Cedar, with parking in back instead of a fight for the curb. The owners spent their money on the boring stuff, which is the stuff that matters: updated electrical, new windows, new attic insulation. Each unit is approximately 988 finished square feet with 2 bedrooms, its own bath, and its own entrance. The lower unit is leased for $1,200 on a month-to-month lease. The upper unit is open, so you can move in or lease it at market. Your call. Underneath, another 988 square feet of basement for additional space you could finish, laundry and storage, plus a 20x24 detached two-stall garage, which is not a given on this stretch of Cedar. You're a block off the Midtown Greenway, a half mile from Midtown Global Market, and a short ride from the Lake Street Blue Line platform. Live upstairs and let downstairs cover most of the mortgage that is the power of buying this duplex! Photos were edited with AI to remove tenants personal property which included some furniture. Bedroom floors may not be the same as photos show due to be covered by furniture.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,976 sqft
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Dimensions20x24
Garage Door Width6 sqft
Garage Square Feet480

General

AccessibilityNone
Additional Parcels Y/NNo
Carport Spaces0
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsOn the corner of 28th and Cedar. park in back
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income14400
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,976 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 NameLaymans & Colburns Add
Tax Annual Amount$5,068
Tax Year2026
Tenant PaysElectricity
Trash Expense0
Water Sewer Expense0
Year Built1903
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,964 sqft
Foundation Area988 sqft
Lot Dimensions52x124
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

$280,000

4 Beds 2 Baths 1,976 SQFT 0.15 Acres
Type: Multi-Family

2800 Cedar Avenue S
Minneapolis, MN 55407

MLS#: 7141068
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800