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3023/3025 Cedar Avenue S, Minneapolis, MN 55407

New Listing

$500,000

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Property Type: Multi-Family Bedrooms: 9 Baths: 4 Square Footage: 5,434 Lot Size (sq. ft.): 6,098 Status: Active

Current Price: $500,000 List Date: 6/05/2026 Last Modified: 6/07/2026

Overview

Description

Do not miss this opportunity to make this 4plex yours. Conveniently located near local shopping and restaurants. The units are very spacious, main level with original built-in cabinetry. 2 car garage and parking space via alley. Perfect for buyers who want to live in one unit and rent the others, or investors. Close to Lake Street, downtown Minneapolis and more!

Listing Details MLS# 7087139

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1909
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1420
Above Ground SqFt: 4274
Below Grd Total SqFt: 1160
Total SqFt: 5434
Foundation Size: 1160
Style: (MF) Apartment
Total Finished Sqft: 4274.00
Garage Stalls: 2
Lot Dimensions: 50x125
Acres: 0.14
Assessment Pending: Unknown

Property Features

Accessible: None Basement: Full Construction Materials: Other Construction Status: Previously Owned Exterior: Other Fencing: Chain Link Foundation: Other Fuel: Electric; Natural Gas Heating: Hot Water; Other Laundry: In Basement Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks) Pool Description: None Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Other Sewer: City Sewer - In Street; City Sewer/Connected Stories: Two Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Dining Room Description: Separate/Formal Dining Rm Unit 2 Appliances: Range; Refrigerator Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Unit 2 Family Room Characteristics: Family Room Unit 3 Appliances: Range; Refrigerator Unit 3 Bath Description: Upper Level Full Bath Unit 3 Cooling: None Unit 3 Dining Room Description: Separate/Formal Dining Rm Unit 4 Appliances: Range; Refrigerator Unit 4 Bath Description: 3/4 Basement Unit 4 Cooling: None Unit 4 Family Room Characteristics: Family Room Water: City Water - In Street; City Water/Connected

Contract Information

Contingency: None
Original List Price: 500000
ListPrice: 500000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3023/3025
Street Name: Cedar
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Minnehaha Add

Building Information

Finished SqFt Above Ground: 3114
Finished SqFt Below Ground: 1160

Lease Details

Land Leased: Not Applicable

More Information

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 480

Public Survey Info

Range#: 24
Section#: 01
Township#: 28

Unit 1

Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: Yes
Finished SqFt: 1160
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 8

Unit 2

Furnished?: No
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Finished SqFt: 1160
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 4
Total Rooms: 7

Unit 3

Furnished?: No
Leased?: Yes
Level: 3rd Level
Unit Number: 3
Finished SqFt: 749
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 5

Unit 4

Furnished?: No
Leased?: Yes
Level: Below Ground
Unit Number: 4
3/4 Baths: Yes
Finished SqFt: 703
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 4

Unit Details

Total Units: 4

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 012 BLOCK 005 MINNEHAHA ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2044
Property ID Number: 0102824220060
Tax Year: 2026
Tax Amount: 8439
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Do not miss this opportunity to make this 4plex yours. Conveniently located near local shopping and restaurants. The units are very spacious, main level with original built-in cabinetry. 2 car garage and parking space via alley. Perfect for buyers who want to live in one unit and rent the others, or investors. Close to Lake Street, downtown Minneapolis and more!
Directions: Bloomington Ave Turn right on to E Lake St Right to Cedar.

Accessible

None: Yes

Assessments

Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 0

Basement

Full: Yes

Construction Materials

Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Other: Yes

Fencing

Chain Link: Yes

Foundation

Other: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Hot Water: Yes
Other: Yes

Laundry

In Basement: Yes

Lock Box Type

Combo: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Pool Description

None: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes

Sewer

City Sewer - In Street: Yes
City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water - In Street: Yes
City Water/Connected: Yes

Income and Expenses

Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0

No. of Ranges

Four: Yes

No. of Refrigerators

Four: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Bath Description

Upper Level Full Bath: Yes

Unit 2 Cooling

None: Yes

Unit 2 Family Room Characteristics

Family Room: Yes

Unit 3 Appliances

Range: Yes
Refrigerator: Yes

Unit 3 Bath Description

Upper Level Full Bath: Yes

Unit 3 Cooling

None: Yes

Unit 3 Dining Room Description

Separate/Formal Dining Rm: Yes

Unit 4 Appliances

Range: Yes
Refrigerator: Yes

Unit 4 Bath Description

3/4 Basement: Yes

Unit 4 Cooling

None: Yes

Unit 4 Family Room Characteristics

Family Room: Yes

Listing Office: eXp Realty

Last Updated: June - 07 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.