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3504 Cedar Avenue S, Minneapolis, MN 55407

New Listing

$299,000

Property Type: Multi-Family Bedrooms: 3 Baths: 2 Square Footage: 1,678 Lot Size (sq. ft.): 5,663 Status: Active

Current Price: $299,000 List Date: 6/03/2026 Last Modified: 6/07/2026

Overview

Description

Great duplex in a vibrant neighborhood next to Matt's Bar and close to so many conveniences! Main level 1-BR apartment and upper level has 2 BR's. Each unit has its own laundry and there are 3 off-street parking spaces. Strong opportunity for both owner-occupants and investors.

Listing Details MLS# 7076832

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1914
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 766
Above Ground SqFt: 1486
Below Grd Total SqFt: 192
Total SqFt: 1678
Foundation Size: 842
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1486.00
Power Company: Xcel Energy
Lot Dimensions: 45x123
Acres: 0.13
Assessment Pending: No
Garage Stalls: 0

Property Features

Accessible: None Basement: Concrete Block; Partial; Storage Space; Unfinished Construction Materials: Block Construction Status: Previously Owned Electric: 100 Amp Service; Circuit Breakers Existing Financing: Free and Clear Exterior: Stucco Fencing: Partial Foundation: Concrete Block; Stone Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Unit Lock Box Type: Supra Lot Description: Public Transit (w/in 6 blks) Owner Pays: Common Area Maintenance; Exterior Maintenance; Grounds Care; HVAC Maintenance; Insurance; Lawn; Maintenance/Repair; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water Road Frontage: City Street; Sidewalks Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water Unit 1 Amenities: Ceiling Fan(s); Hardwood Floors; Kitchen Window; Tile Floors Unit 1 Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Central Unit 1 Dining Room Description: Living/Dining Room Unit 1 Special Search: All Living Fac. on One Level; Main Floor Laundry Unit 2 Amenities: Hardwood Floors Unit 2 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Central Unit 2 Dining Room Description: Eat In Kitchen Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 299000
ListPrice: 299000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3504
Street Name: Cedar
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Monroe Bros Add

Assessments

Tax With Assessments: 4478
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1486

More Information

Income and Expenses

Annual Gross Expenses: 8460
Annual Gross Income: 28200
Annual Net Income: 19740
Annual Water/Sewer Expense: 2160
Total Annual Expenses: 8460
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 02
Township#: 28

Unit 1

Furnished?: No
Lease Expiration Date: 2027-03-31
Leased?: Yes
Level: Main Level
Unit Number: Yes
Annual Rent: 12900
Finished SqFt: 766
Full Baths: Yes
Monthly Rent: 1075
No. of Units Like This: Yes
Oth Parking Spaces: 3
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit 2

Furnished?: No
Lease Expiration Date: 2027-06-30
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Finished SqFt: 720
Full Baths: Yes
Monthly Rent: 1275
No. of Units Like This: Yes
Oth Parking Spaces: 3
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 6

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLOCK 004 MONROE BROS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 8134
Property ID Number: 0202824410200
Tax Year: 2026
Tax Amount: 4478
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Great duplex in a vibrant neighborhood next to Matt's Bar and close to so many conveniences! Main level 1-BR apartment and upper level has 2 BR's. Each unit has its own laundry and there are 3 off-street parking spaces. Strong opportunity for both owner-occupants and investors.
Directions: South of 35th Street on Cedar Ave to the immediate South of Matt's Bar

Accessible

None: Yes

Basement

Concrete Block: Yes
Partial: Yes
Storage Space: Yes
Unfinished: Yes

Construction Materials

Block: Yes

Construction Status

Previously Owned: Yes

Electric

100 Amp Service: Yes
Circuit Breakers: Yes

Existing Financing

Free and Clear: Yes

Exterior

Stucco: Yes

Fencing

Partial: Yes

Foundation

Concrete Block: Yes
Stone: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Internet Options

Cable: Yes

Laundry

In Unit: Yes

Lock Box Type

Supra: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Common Area Maintenance: Yes
Exterior Maintenance: Yes
Grounds Care: Yes
HVAC Maintenance: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Repairs: Yes
Roof Maintenance: Yes
Sewer: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Road Frontage

City Street: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

One and One Half: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Gas: Yes
Heat: Yes
Hot Water: Yes

Unit 1 Amenities

Ceiling Fan(s): Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Tile Floors: Yes

Unit 1 Appliances

Dishwasher: Yes
Dryer: Yes
Exhaust Fan/Hood: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

Central: Yes

Unit 1 Dining Room Description

Living/Dining Room: Yes

Unit 1 Special Search

All Living Fac. on One Level: Yes
Main Floor Laundry: Yes

Unit 2 Amenities

Hardwood Floors: Yes

Unit 2 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Central: Yes

Unit 2 Dining Room Description

Eat In Kitchen: Yes

Listing Office: National Realty Guild

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.