209 Cedar Lake Road N, Minneapolis, MN 55405

Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
209 Cedar Lake Road N,Minneapolis, MN 55405
$415,000
  • 5 Beds
  • 3 Baths
  • 5,426 sq. ft.
  • Multi-family
  • Active
Listed by: douglas p herkenhoff
Office: edina realty, inc.
MLS#:6797759
Source:ND_FMAAR

Price summary

  • Price:$415,000
  • Price per sq. ft.:$76.48

About this home

Classic Craftsman Triplex in prime Minneapolis location! Situated near Bryn Mawr Park, Utepils Taproom, and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown and steady rental demand. Unit 1 is a 2BR+den with vintage hardwood floors, a living room fireplace, and built-in bookshelves. Unit 2 is a renovated 2BR+den featuring original hardwoods and a front porch. Unit 3 is a cozy 1BR+den with a charming private patio. Each unit has separate electric and gas service. Plus each unit has their own separate basement with washer and dryer. Excellent turnkey investment opportunity in a rapidly growing neighborhood. Seller offering 1% point toward buyer’s interest rate buy-down with acceptable offer. Current rent leases as follows: Unit 3 (1BR) $1,150/mo. Unit 2 (2BR) $1,350/mo. Unit 1 (2BR) Vacant for Owner Occupy, or easily rented at $1,350/mo.

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Home facts

  • Year built:1922
  • Listing ID #:6797759
  • Added:51 day(s) ago
  • Updated:November 27, 2025 at 04:34 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Living area:5,426 sq. ft.

Structure and exterior

  • Year built:1922
  • Building area:5,426 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$76.48
  • Tax amount:$6,511