3241 Cedar Avenue S, Minneapolis, MN 55407

Minneapolis
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
3241 Cedar Avenue S,Minneapolis, MN 55407
$399,900
  • 5 Beds
  • 3 Baths
  • 3,000 sq. ft.
  • Multi-family
  • Pending
Listed by: kent hranicka, jason j reed
Office: re/max results
MLS#:7083267
Source:NSMLS

Price summary

  • Price:$399,900
  • Price per sq. ft.:$108.37

About this home

Unique Triplex with 3 units fully occupied and eligible for FHA loan assumption for an owner-occupant! Enjoy the peaceful backyard that is fully enclosed with a wooden fence and features a patio. Perfect for dog owners. This building has plenty of space including a partially finished full basement, a 12x12 flex room in the backyard and a workshop attached to garage. Units have been nicely maintained and are rent ready! This is the perfect spot for an owner who would like to cut their living expenses by occupying 1 unit. $3725.00 gross monthly rents. Front unit adjacent to the street is licensed as an accessory dwelling unit.

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Home facts

  • Year built:1898
  • Subdivision & Development:Minnehaha Add
  • Listing ID #:7083267
  • Added:116 day(s) ago
  • Updated:September 28, 2026 at 08:36 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Basement:Yes
  • Basement Description:Block
  • Living area:3,000 sq. ft.

Heating and cooling

  • Heating:Baseboard, Boiler

Structure and exterior

  • Roof:Age Over 8 Years, Asphalt, Flat
  • Year built:1898
  • Building area:3,000 sq. ft.
  • Lot area:6098 Acres
  • Lot Features:Tree Coverage - Light
  • Exterior Features:Deck
  • Levels:2 Story

Utilities

  • Water:City Water - Connected
  • Sewer:City Sewer - Connected

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$108.37
  • Tax amount:$6,815 (2026)

Parking

  • Parking description:Concrete, Detached Garage
  • Garage:Yes
  • Garage spaces:1
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. NSMLS Member Broker: Bob Erickson

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