209 Cedar Lake Road N, Minneapolis, MN 55405

General Property Information

Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1922
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1640
Above Ground SqFt: 3247
Below Grd Total SqFt: 2179
Total SqFt: 5426
Foundation Size: 2179
Lot Size SqFt: 7841
Style: (MF) Triplex
Total Finished Sqft: 2380.00
Garage Stalls: 3
Lot Dimensions: 45x169

Property Features

Accessible: None Amenities Shared: Patio; Porch Basement: Full; Unfinished Construction Status: Previously Owned Exterior: Stucco Fencing: Partial; Wood Foundation: Combination Fuel: Natural Gas Heating: Boiler; Radiator Laundry: In Basement; Laundry Room Lot Description: Public Transit (w/in 6 blks) Owner Pays: Insurance; Sewer; Taxes; Trash Collection; Water Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One and One Half Tenant Pays: Electricity; Gas Unit 1 Amenities: Built-In Bookcases; Hardwood Floors; Natural Woodwork Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Upper Level Full Bath Unit 1 Cooling: Window Unit 1 Fireplace Char: Living Room; Wood Burning Unit 2 Amenities: Built-In Bookcases; Hardwood Floors; Natural Woodwork; Porch Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Main Floor Full Bath Unit 2 Cooling: Window Unit 2 Fireplace Char: Living Room; Wood Burning Unit 3 Appliances: Dryer; Range; Refrigerator; Washer Unit 3 Bath Description: Main Floor Full Bath Unit 3 Cooling: Window Unit 3 Fireplace Char: Living Room; Wood Burning Water: City Water/Connected

Contract Information

Off Market Date: 2026-03-23
Contingency: None
Original List Price: 420000
ListPrice: 420000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 209
Street Name: Cedar Lake
Street Suffix: Road
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405

Assessments

Tax With Assessments: 6882.24
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2380

More Information

Income and Expenses

Annual Gross Expenses: 13897
Annual Gross Income: 45600
Annual Insurance Expense: 13897
Annual Water/Sewer Expense: 3000
Total Annual Expenses: 13897
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel 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

Parking Characteristics

Garage Square Feet: 500

Public Survey Info

Range#: 24
Section#: 21
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
# of Fireplaces: Yes
Annual Rent: 16200
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 1350
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit 2

Furnished?: No
Leased?: Yes
Unit Number: 2
# of Fireplaces: Yes
Annual Rent: 16200
Finished SqFt: 900
Full Baths: Yes
Monthly Rent: 1350
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 7

Unit 3

Furnished?: No
Leased?: Yes
Unit Number: 3
# of Fireplaces: Yes
Annual Rent: 13200
Finished SqFt: 740
Full Baths: Yes
Monthly Rent: 1100
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 5

Unit Details

Total Units: 3

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 011 SAM E ADAMS HOMESTEAD
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1413
Property ID Number: 2102924340175
Tax Year: 2026
Tax Amount: 6882.24
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Classic Craftsman triplex in a prime Minneapolis location! Ideal for an owner-occupant looking to offset their mortgage while building equity. Situated near Bryn Mawr Park, Utepils Brewing, Animales BBQ and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown, trails, and neighborhood amenities that support strong rental demand. Unit 2 is currently vacant and features 2BR + den, renovated finishes, original hardwood floors, and a welcoming front porch—perfect for owner occupancy or easily rented at $1,300/month. Unit 1 offers 2BR + den with vintage hardwood floors, a living room fireplace, and built-in bookshelves, currently leased at $1,300/month. Unit 3 is a cozy 1BR + den with a private patio, leased at $1,150/month. Each unit has separated electric and gas service and its own private basement space with washer and dryer. A flexible, turnkey opportunity in a steadily growing neighborhood—ideal for owner-occupants or investors alike!
Directions: 394 to Penn Ave exit. Go north to Cedar Lake Road. East to property.

Accessible

None: Yes

Amenities Shared

Patio: Yes
Porch: Yes

Basement

Full: Yes
Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes

Fencing

Partial: Yes
Wood: Yes

Foundation

Combination: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes
Radiator: Yes

Laundry

In Basement: Yes
Laundry Room: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Insurance: Yes
Sewer: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Patio: 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

Three: Yes

No. of Refrigerators

Three: Yes

Tenant Pays

Electricity: Yes
Gas: Yes

Unit 1 Amenities

Built-In Bookcases: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes

Unit 1 Appliances

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

Unit 1 Bath Description

Upper Level Full Bath: Yes

Unit 1 Cooling

Window: Yes

Unit 1 Fireplace Char

Living Room: Yes
Wood Burning: Yes

Unit 2 Amenities

Built-In Bookcases: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes
Porch: Yes

Unit 2 Appliances

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

Unit 2 Bath Description

Main Floor Full Bath: Yes

Unit 2 Cooling

Window: Yes

Unit 2 Fireplace Char

Living Room: Yes
Wood Burning: Yes

Unit 3 Appliances

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

Unit 3 Bath Description

Main Floor Full Bath: Yes

Unit 3 Cooling

Window: Yes

Unit 3 Fireplace Char

Living Room: Yes
Wood Burning: Yes