Hard to find, solid money making triplex in south MPLS. Well maintained building with a two car garage and several extra storage options that produce more income. Unit #2 had a total kitchen remodel recently, #1 & #3 are in great shape and well cared for. Units are good sized as the whole building is large at about 3800 FSF. Current leases in place for unit #1(July 2020) & #3(Sept. 2022), Unit 2 is month to month. Basement has more potential for finished space. This would be an excellent owner occupant investment or a straight investment for the savvy investor with some skills to finish the basement.
Off market
Zestimate®
$334,500
3241 Cedar Ave S, Minneapolis, MN 55407
--beds
0baths
3,087sqft
MultiFamily
Built in 1898
-- sqft lot
$334,500 Zestimate®
$108/sqft
$1,843 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Other
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,087 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Stucco, Wood
Lot
- Size: 6,098 sqft
Details
- Parcel number: 0102824230067
- Zoning: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1898
Utilities & green energy
- Sewer: City Sewer/Connected
Community & neighborhood
Location
- Region: Minneapolis
Other
Other facts
- Basement: Partial, Stone
- GarageDescription: Driveway - Asphalt
- CONSTRUCTIONSTATUS: Previously Owned
- Fuel: Electric, Natural Gas
- PresentUse: Yearly
- Sewer: City Sewer/Connected
- Status: Active
- StreetSuffix: Avenue
- Water: City Water/Connected
- Roof: Flat
- StreetDirSuffix: S
- Zoning: Residential-Multi-Family
- FrontageFeet: Curbs, Paved Streets, City, County
- HeatingDescription: Hot Water
- Fence: Wood
- Style: (MF) Other
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$334,500
2% more+$6,690
With Zillow Showcase(estimated)$341,190