$420,000
OPEN SUN 11AM - 2PM

3501 Cedar Ave S Minneapolis, MN 55407

Estimated payment $2,874/month

Total Views 394
4 Beds
2 Baths
1,961 Sq Ft
$214 Price per Sq Ft

Highlights

  • Corner Lot
  • Detached Carport Space
  • Hot Water Heating System

About This Home

Classic South Minneapolis duplex at 3501 Cedar Ave S with two bright 2BR/1BA flats. Hardwood floors, tall ceilings, refreshed lighting, updated kitchens and baths, and solid exterior and window condition per prior listing. Each unit has a comfortable living room, dining space, good storage, and a sensible layout. Private backyard for grilling and a garden. Checkout the unfinished attic (wired) which is ready for your renovation ideas. Walk to Powderhorn Park, Lake Street dining, the bus on Cedar, and the Midtown Greenway connections. Both units are tenant occupied. Ask for the rent roll, lease terms, and supplements.

Listing Agent

Douglas Miller

Douglas Miller Listed on: 09/03/2025

Open House Schedule

  • Sunday, September 07, 2025
    11:00 am to 2:00 pm
    9/7/2025 11:00:00 AM +00:00
    9/7/2025 2:00:00 PM +00:00

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,234

Year Built

  • Built in 1907

Lot Details

  • Lot Dimensions are 125x50
  • Corner Lot

Parking

  • Detached Carport Space

Home Design

  • Duplex

Interior Spaces

  • 1,961 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System

Community Details

  • 2 Units
  • Wilbers 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0102824320162

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,234

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Up and Down
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1907
  • Above Grade Finished Sq Ft: 1961
  • Unit Levels: More Than 2 Stories
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 1961
  • Owner Pays: Insurance, Grounds Care, Repairs, Snow Removal, Taxes
  • Basement YN: Yes
  • Amenities: Main Floor Primary Bedroom,Porch,Tile Floors
  • Appliances: Dishwasher,Microwave,Range
  • Total Rooms: 6
  • Amenities: Tile Floors
  • Appliances: Dishwasher,Microwave
  • Total Rooms: 6
  • FamilyRoomRoomFeatures: Family Room

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Stone
  • Neighborhood: Corcoran

Garage/Parking

  • Parking Features: Carport, Asphalt, Open
  • Garage Square Feet: 0

Utilities

  • Heating: Hot Water
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Number of Ranges: Two

Schools

  • Junior High Dist: Minneapolis
  • SchoolDistrictNumber: 1
  • SchoolDistrictPhone: 612-668-0000

Lot Info

  • Topography: Level
  • Lot Size: 125X50
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Vinyl Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 0102824320162
  • Tax Annual Amount: 7234
  • TaxWithAssessments: 7234.0000

Multi Family

  • Number Of Refrigerators: Two

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2023 $6,481 $406,000 $82,000 $324,000
2022 $5,843 $386,000 $68,000 $318,000
2021 $5,153 $344,000 $38,000 $306,000
2020 $5,156 $315,000 $39,300 $275,700
2019 $3,785 $291,500 $26,200 $265,300
2018 $2,507 $265,000 $26,200 $238,800
2017 $2,770 $178,500 $23,800 $154,700
2016 $2,454 $155,000 $23,800 $131,200
2015 $1,847 $115,000 $21,100 $93,900
2014 -- $100,000 $21,600 $78,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $420,000 -- $214 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $395,939 Pillar Title Services
Quit Claim Deed -- None Available
Warranty Deed $304,000 Land Title Inc
Warranty Deed $170,000 Titlesmart Inc
Foreclosure Deed $90,000 --
Warranty Deed $215,000 --
Warranty Deed $80,000 --
Warranty Deed $56,500 --
Deed $395,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,925 New Conventional
Previous Owner $288,800 New Conventional
Previous Owner $179,500 Unknown
Previous Owner $40,000 Credit Line Revolving
Previous Owner $127,696 FHA
Closed -- No Value Available
Closed $23,246 No Value Available
Closed $295,965 No Value Available
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6782391

NorthstarMLS

APN: 01-028-24-32-0162