3847 Cedar Avenue S,Minneapolis, MN 55407
Minneapolis, MN 55407
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.
Details
| MLS # | 7048325 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 197 |
| Listing Provided By | Keller Williams Classic Realty | Julia Wang |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| SQ Feet | 2,646 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 2 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.11 |
Interior
| Heating | Boiler |
|---|
Parking
| Parking Features | Detached Garage |
|---|
Taxes
| Property | 5035 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55407 |
| Area | 73 |
| Community Name | Cedar Ave Heights 3rd Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cedar Ave Heights 3rd Add) | |
Price: $439,900 low | high Med: $425,000 sqft: 2,646 low | high Med: 1,818 $ / sqft: $166 low | high Med: $234 On site: 197 low | high Med: 64 | |
Market Activity 55407
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55407 |
| Area | 73 |
| Community Name | Cedar Ave Heights 3rd Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cedar Ave Heights 3rd Add) | |
Price: $439,900 low | high Med: $425,000 sqft: 2,646 low | high Med: 1,818 $ / sqft: $166 low | high Med: $234 On site: 197 low | high Med: 64 | |
