NOT LISTED FOR SALE
4 Beds
4 Baths
2,772 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: September 29, 2025

Last sale price $620,000 $224 Per Sq Ft

12 Days on Market

About This Home

As of September 2025

The Cedar Inn of 1927: a fully restored original south Minneapolis boxcar apartment building. Coveted originality in all units: oak & maple hardwoods, original millwork freshly varnished. Modern open kitchens and renovated baths. New Anderson Windows throughout. Upper south unit vacated for owner occupants. See home highlights for detail of current owner improvements.

Last Agent to Sell the Property

Steve Imhoff

Rare Form Properties Listed on: 05/28/2025

Last Buyer's Agent

Nathan Opatz

Apartment Cash Flow, Inc.

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1927

Lot Details

  • 5,227

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 2,772 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Lot Dimensions are 42 x 122
  • Boiler Heating System

Community Details

  • 4 Units
  • C F E Petersons Cedar Ave Add Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas, parking fee
  • The owner pays for sewer, trash collection
  • Assessor Parcel Number 1102824410086

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,126

Year Built

Built in 1927

Lot Details

5,227 Sq Ft Lot

Parking

2

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1927
  • Above Grade Finished Sq Ft: 2772
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished
  • Living Area: 2772
  • Owner Pays: Sewer, Trash Collection
  • Basement YN: Yes

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Flat
  • Neighborhood: Northrop

Garage/Parking

  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Electric,Natural Gas
  • Number of Ranges: Four

Schools

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

Lot Info

  • Lot Size: 42 x 122
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco
  • Units Total: 4

Rental Info

  • Expenses: 8673.0000

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 1102824410086
  • Tax Annual Amount: 8126
  • TaxWithAssessments: 8126.0000

Multi Family

  • TenantPays: Electricity, Gas, Parking Fee
  • ElectricExpense: 300
  • Number Of Refrigerators: Four

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Aug 28, 2025
Sold by
Bought by
Seller's Agent
Steve Imhoff
Rare Form Properties
Buyer's Agent
Nathan Opatz
Apartment Cash Flow, Inc.
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$455,552
Interest Rate
6.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$620,000 Edgewater Title
$417,000 Entitle Inc
$159,900 --
Source: Public Records

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 Borrower Loan Amount
Open $465,000
Previous Owner $441,000
Previous Owner $428,000
Previous Owner $213,950
Source: Public Records

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
09/29/2025 09/29/25 Sold $620,000 0.0% $224 / Sq Ft
06/17/2025 06/17/25 Pending -- -- --
06/12/2025 06/12/25 Off Market $620,000 -- --
06/05/2025 06/05/25 For Sale $625,000 -- $225 / Sq Ft
Source: NorthstarMLS

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 $8,740 $462,000 $70,800 $391,200
2024 $8,126 $447,000 $70,800 $376,200
2023 $7,743 $485,000 $70,800 $414,200
2022 $7,559 $484,500 $70,800 $413,700
2021 $7,279 $445,000 $71,000 $374,000
2020 $7,499 $445,000 $60,600 $384,400
2019 $6,528 $424,000 $60,600 $363,400
2018 $5,888 $359,500 $52,600 $306,900
2017 $5,566 $297,000 $47,800 $249,200
2016 $5,280 $273,400 $47,800 $225,600
2015 $4,817 $238,000 $54,000 $184,000
2014 -- $238,000 $54,000 $184,000
Source: Public Records

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Map

Source: NorthstarMLS

MLS Number: 6728432

NorthstarMLS

APN: 11-028-24-41-0086

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