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Off market
  • $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

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    $1,807/mo

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    $1,807/mo

    Rent Zestimate®

    Refinance and save

    $2,665/mo

    Est. payment

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    $2,665/mo

    Est. payment

    What's special

    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.

    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
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    $434,500
    2% more+$8,690
    With Zillow Showcase(estimated)$443,190