3241 Cedar Ave S Minneapolis, MN 55407
Corcoran NeighborhoodEstimated payment $2,764/month
Highlights
- Deck
- 1 Car Detached Garage
- Community Deck or Porch
- Meeting Room
- Baseboard Heating
- 4-minute walk to Corcoran Park
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,815
Year Built
- Built in 1898
Lot Details
- Lot Dimensions are 50x125
- Property is Fully Fenced
- Wood Fence
- Few Trees
Parking
- 1 Car Detached Garage
Home Design
- Triplex
- Flat Roof Shape
- Block Foundation
- Stucco Exterior
Interior Spaces
- 3,000 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Basement
- Block Basement Construction
- Laundry in Basement
Outdoor Features
- Deck
Utilities
- Baseboard Heating
- Boiler Heating System
Listing and Financial Details
- The owner pays for fuel, repairs, sewer, taxes, trash collection, water
- Assessor Parcel Number 0102824230067
Community Details
Overview
- 3 Units
- Minnehaha Add Subdivision
Amenities
- Community Deck or Porch
- Meeting Room
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,750 | $447,600 | $76,000 | $371,600 |
| 2024 | $6,890 | $441,000 | $76,000 | $365,000 |
| 2023 | $5,893 | $441,000 | $71,000 | $370,000 |
| 2022 | $5,153 | $389,000 | $54,000 | $335,000 |
| 2021 | $4,980 | $375,000 | $28,000 | $347,000 |
| 2020 | $4,909 | $375,000 | $53,400 | $321,600 |
| 2019 | $5,674 | $344,000 | $39,200 | $304,800 |
| 2018 | $5,203 | $312,500 | $39,200 | $273,300 |
| 2017 | $5,053 | $267,500 | $35,600 | $231,900 |
| 2016 | $3,741 | $246,000 | $35,600 | $210,400 |
| 2015 | $3,541 | $214,000 | $35,600 | $178,400 |
| 2014 | -- | $237,500 | $35,600 | $201,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2026 07/15/26 | Pending | -- | -- | -- |
| 06/03/2026 06/03/26 | For Sale | $399,900 | -- | $133 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $5,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $300,000 | -- | |
| Warranty Deed | $99,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,081 | FHA | |
| Previous Owner | $194,471 | FHA |
Source: NorthstarMLS
MLS Number: 7083267
APN: 01-028-24-23-0067
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Ask me questions while you tour the home.