3847 Cedar Avenue S, Minneapolis, MN 55407

New Listing
$425,000
Property Type: Multi-Family Bedrooms: 4 Baths: 2 Square Footage: 3,432 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $425,000 List Date: 4/02/2026 Last Modified: 4/08/2026

Overview

Description

Well kept duplex featuring two, 2 bed/1 bath units with strong rental demand. Basement offers 3 additional rooms + 3/4 bath, providing options for extra income or flexible living space. Great location near parks, shopping, and highways. Perfect for buyers who want to live in one unit and rent the other, or investors seeking a solid cash-flow property.

Listing Details MLS# 7048325

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1927
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1144
Above Ground SqFt
2288
Below Grd Total SqFt
1144
Total SqFt
3432
Foundation Size
1144
Style
(MF) Duplex Up and Down
Total Finished Sqft
2646.00
Garage Stalls
2
Lot Dimensions
40x144
Acres
0.11

Property Features

Accessible: None Amenities Shared: Coin-op Laundry Owned Basement: Concrete Block; Unfinished Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Foundation: Brick/Mortar Fuel: Electric; Natural Gas Heating: Boiler Sewer: City Sewer/Connected Stories: Two Tenant Pays: All Utilities Unit 2 Appliances: Cooktop; Range; Refrigerator Unit 2 Cooling: Window Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
425000
ListPrice
425000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3847
Street Name
Cedar
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Cedar Ave Heights 3rd Add

Assessments

Tax With Assessments
5035
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2288
Finished SqFt Below Ground
358

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x24
Garage Square Feet
528

Public Survey Info

Range#
24
Section#
12
Township#
28

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Finished SqFt
1144
Full Baths
Yes
Monthly Rent
1600
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
2
Total Rooms
6

Unit 2

Furnished?
No
Lease Expiration Date
2026-04-30
Leased?
Yes
Level
2nd Level
Unit Number
2
Annual Rent
18600
Finished SqFt
1144
Full Baths
Yes
Monthly Rent
1550
No. of Units Like This
Yes
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 021 BLOCK 004 CEDAR AVE HEIGHTS 3RD ADDN TO MPLS
Listing City
Minneapolis
Map Page
120
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2940
Property ID Number
1202824220105
Tax Year
2025
Tax Amount
5035
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Well kept duplex featuring two, 2 bed/1 bath units with strong rental demand. Basement offers 3 additional rooms + 3/4 bath, providing options for extra income or flexible living space. Great location near parks, shopping, and highways. Perfect for buyers who want to live in one unit and rent the other, or investors seeking a solid cash-flow property.
Directions
From Hiawatha Ave, west to Cedar Ave, House is between E 39th St and Cedar Ave

Accessible

None
Yes

Amenities Shared

Coin-op Laundry Owned
Yes

Basement

Concrete Block
Yes
Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes

Foundation

Brick/Mortar
Yes

Fuel

Electric
Yes
Natural Gas
Yes

Heating

Boiler
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

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 Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

Tenant Pays

All Utilities
Yes

Unit 2 Appliances

Cooktop
Yes
Range
Yes
Refrigerator
Yes

Unit 2 Cooling

Window
Yes
Listing Office: Keller Williams Classic Realty
IDX
Last Updated: April - 08 - 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.