$399,900
3241 Cedar Avenue S Minneapolis, MN 55407
For Sale MLS# 7083267
5 beds 3 baths 3,000 sq ft Multi-family
Details for 3241 Cedar Avenue S
MLS# 7083267
Description for 3241 Cedar Avenue S, Minneapolis, MN, 55407
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.
Listing Information
Property Type: Multi-family, Triplex
Status: Active
Bedrooms: 5
Bathrooms: 3
Lot Size: 0.14 Acres
Square Feet: 3,000 sq ft
Year Built: 1898
Foundation: 690 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Minnehaha Add
Number Of Units Total: 3
County: Hennepin
Days On Market: 2
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 3,000 sq ft
Basement: Concrete Block
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Baseboard, Boiler, Natural Gas
Exterior / Lot Features
Garage Spaces: 1
Open Parking: 1
Parking Description: Detached Garage, Driveway - Concrete, Garage Dimensions - 20x20, Garage Door Height - 7, Garage Door Width - 16, Garage Sq Ft - 400.0
Exterior: Stucco
Roof: Age Over 8 Years, Asphalt Shingles, Flat
Lot Dimensions: 50x125
Zoning: Residential-Multi-Family
Fencing: Wood, Full
Additional Exterior/Lot Features: Tree Coverage - Light, Road Frontage - City
Community Features
Community Features: Other, Community Room
Association Amenities: Deck
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1350
Unit 1 Baths Total: 1
Unit 1 Beds Total: 2
Unit 1 Rooms Total: 5
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1400
Unit 2 Baths Total: 1
Unit 2 Beds Total: 2
Unit 2 Rooms Total: 5
Unit 3 Units Total: 1
Unit 3 Actual Rent: 1000
Unit 3 Baths Total: 1
Unit 3 Beds Total: 1
Unit 3 Rooms Total: 3
Driving Directions
From Hwy 55, go south on Cedar ave. property is on the left hand side between 31st st and 32nd st
Financial Considerations
Other Annual Tax: $1,795
Tenant Pays: Electric
Owner Pays: Fuel,Maintenance/Repair,Sewer,Taxes,Trash,Water
Tax/Property ID: 0102824230067
Tax Amount: 6815
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: RE/MAX Results
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.
Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 3241 Cedar Avenue S
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3241 Cedar Avenue S
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
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.
Coming soon properties will soon be on the market, but are not yet available for showings.