A MUST SEE up/down duplex in South MPLS on a large double lot! Original hardwood floors, charming built ins, and spacious units with a lot of natural sunlight. This property has been well maintained and definitely shows pride in ownership. High demand area close to light rail, colleges, restaurants and short drive to downtown MPLS & Downtown St. Paul. Tenants in both units as this property has never been vacant! Split HEAT/ELECTRIC, paid by tenants. Great option for an investor looking to add major cash flow to their portfolio. Both large 3bed/1bath units and the upstairs unit has two additional bonus spaces. Property also offers a two stall garage and coin-operated laundry on site. Value add opportunities with adding a potential 3rd unit, or additional bedroom, in the basement and the potential to split the double lot and sell or develop the new lot.
Off market
Zestimate®
$434,500
2545 Cedar Ave S, Minneapolis, MN 55404
6beds
3,200sqft
MultiFamily
Built in 1912
-- sqft lot
$434,500 Zestimate®
$136/sqft
$1,807 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Oil
Cooling
- Other
Appliances
- Included: Range / Oven, Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Detached
Features
- Exterior features: Stucco, Wood
Lot
- Size: 10,454 sqft
Details
- Parcel number: 3602924230033
- Zoning: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1912
Utilities & green energy
- Sewer: City Sewer/Connected
Community & neighborhood
Location
- Region: Minneapolis
Other
Other facts
- PRESENTUSE: Yearly
- STATUS: Pending
- ZONING: Residential-Multi-Family
- BASEMENT: Full
- CONSTRUCTIONSTATUS: Previously Owned
- GARAGEDESCRIPTION: Detached Garage, Driveway - Concrete
- FRONTAGEFEET: City
- ROOF: Asphalt Shingles
- FUEL: Natural Gas
- SEWER: City Sewer/Connected
- WATER: City Water/Connected
- EXTERIOR: Wood, Stucco
- HEATINGDESCRIPTION: Hot Water, Boiler
- FENCE: Full, Chain Link
- SHAREDROOMS: Other
- STYLE: (MF) Duplex Up and Down
- AMENITIESSHARED: Coin-op Laundry Owned
- DAYSONMARKETCUMULATIVE: 55
- DAYSONMARKET: 32
- TAXYEAR: 2020.00
- OFFMARKETDATE: 2021-01-11T09:58:34
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$434,500
2% more+$8,690
With Zillow Showcase(estimated)$443,190