$720,000
Off-Market Date: 05/29/20262616 Cedar Avenue S Minneapolis, MN 55407
Pending MLS# 7081129
20 beds 4 baths 6,384 sq ft Multi-family
Details for 2616 Cedar Avenue S
MLS# 7081129
Description for 2616 Cedar Avenue S, Minneapolis, MN, 55407
money maker. 4 apartments with 5 bedrooms EACH -- yes 20 bedrooms in this large 4 plex. rents at $2500/month gives you $10,000 per month income. built in 2002.
Listing Information
Property Type: Multi-family, Four Plex
Status: Pending
Bedrooms: 20
Bathrooms: 4
Lot Size: 0.16 Acres
Square Feet: 6,384 sq ft
Year Built: 2002
Foundation: 6,384 sq ft
Stories: 2 Stories
Subdivision: Goulds Add
Number Of Units Total: 4
County: Hennepin
Days On Market: 2
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 6,384 sq ft
Basement: Crawl Space
Accessibility: Wheelchair Ramp, Partially Wheelchair
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Baseboard, Electric
Exterior / Lot Features
Open Parking: 4
Parking Description: Parking Lot
Exterior: Vinyl
Lot Dimensions: 57.32 x 123.43
Zoning: Residential-Multi-Family
Unit Information
Unit 1 Units Total: 4
Unit 1 Actual Rent: 2500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 5
Unit 1 Rooms Total: 8
Driving Directions
I94 to Hwy 55 south. Exit Cedar. Go south to address.
Financial Considerations
Tenant Pays: Electric,Heat,Hot Water
Gross Income: 120000
Expense: 38565
Tax/Property ID: 3502924410057
Tax Amount: 11088
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Peritus Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Sales History & Tax Summary for 2616 Cedar Avenue S
Sales History
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Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 2616 Cedar Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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