3932 Cedar Avenue South

Minneapolis, MN 55407

$399,900
Price
Beds
2,855 Sq. Ft.
$140 / Sq. Ft.
2,855
Sq. Ft.
$140
per Sq. Ft.

Description

Amazing opportunity in the heart of South Minneapolis! This unique triplex offers traditional 1 bedroom and 2 bedroom units plus a retail space. The shop features a bright, open retail area, a work space and office in the back, a kitchenette, and a ¾ bathroom. Above the shop is a large loft and a bedroom. The two units behind the shop feature hardwood floors, lots of natural light, and good sized bedrooms. The fully fenced yard includes a private patio – perfect for summer evenings. The oversized...Amazing opportunity in the heart of South Minneapolis! This unique triplex offers traditional 1 bedroom and 2 bedroom units plus a retail space. The shop features a bright, open retail area, a work space and office in the back, a kitchenette, and a ¾ bathroom. Above the shop is a large loft and a bedroom. The two units behind the shop feature hardwood floors, lots of natural light, and good sized bedrooms. The fully fenced yard includes a private patio – perfect for summer evenings. The oversized garage has room for two cars and storage. Great location with easy access to shopping, transportation, the airport, and the Mall of America. The property is zoned Commercial, so it will need commercial financing. Don’t miss it!
  1. Listed by Counselor Realty, Inc.

Property Details for 3932 Cedar Avenue South

Neighborhood
Bancroft
Subdivision Name
Monroe Bros Sub Of Lts Herrick Haml
Zoning Jurisdiction
Business/Commercial,Residential-Multi-Family

Location

Listing Courtesy of Counselor Realty, Inc.
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LISTING UPDATED: 05/01/2024 12:15 PM

Property Details for 3932 Cedar Avenue South

StatusActive
MLS #6525807
Days on Compass12
Taxes$5,651 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1923
Lot Size0.11 AC / 4,791 SF
CountyHennepin County

Location

Listing Courtesy of Counselor Realty, Inc.
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Building Information for 3932 Cedar Avenue South

Stories-Residences3Year Built1923Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,653 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,182

Property Taxes

$471

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3932 Cedar Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: West side of Cedar Avenue between 39th and 40th Streets
  • Latitude: 44.931131
  • Longitude: -93.24773
  • Map Coordinate: 120-E1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55407
  • State Or Province: MN
  • Public Survey Township: 28
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 1102824110208
  • Tax Annual Amount: $5,651.00
  • Tax Legal Description: LOT 003 BLOCK 016 MONROE BROS SUBD OF LOTS HERRICK HAML N 40 FEET
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 5651.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 2551.0
  • Below Grade Fin SQFT: 304.0
  • SQFT Total: 2855.0
  • Lot Size Area: 0.11
  • Lot Size Dimensions: 40x122
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 1609.0000
  • Above Grade SqFt Total: 2551.0000
  • Below Grade SqFt Total: 1499.0000
  • Sqft Total: 4050.00
Property and Assessments
  • Age Of Property: 101
Utilities
  • Electric: Circuit Breakers
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Fencing: Full, Wire, Wood
  • Foundation Area: 1609.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets
Interior Features
  • Basement Type: Daylight/Lookout Windows, Finished, Walkout
  • DP Resource: Y
  • Garage Square Feet: 720
  • Heating: Boiler, Forced Air, Hot Water
  • Levels: Two
  • Number of Refrigerator: Three
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Appl: Dishwasher,Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Parking: 2
  • Unit Rooms Total: 5
  • Unit SqFt: 867
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 13x10
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 10x9
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 12x12
  • Bedroom 3 Room Level: Main (Ground)
  • Bedroom 4 Room Dimensions: 18x12
  • Bedroom 4 Room Level: Main (Ground)
  • Kitchen Room Dimensions: 12x11
  • Kitchen Room Level: Main (Ground)
  • Unit Level: Main Level
  • Unit Type Total Rent: 11400
Unit 2
  • Unit Amenities: Deck
  • Unit Appl: Range
  • Unit Bath 3Qtr: 0
  • Unit Bath Description: Upper Level Full Bath
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 5
  • Unit SqFt: 848
  • Unit Type Actual Rent: $1,150.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 10x9
  • Bedroom 1 Room Level: Upper
  • Bedroom 2 Room Dimensions: 14x13
  • Bedroom 2 Room Level: Upper
  • Bedroom 3 Room Dimensions: 14x12
  • Bedroom 3 Room Level: Upper
  • Bedroom 4 Room Dimensions: 14x12
  • Bedroom 4 Room Level: Upper
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 13800
Unit 3
  • Unit Amenities: Patio
  • Unit Appl: Range
  • Unit Bath 3Qtr: 1
  • Unit Bath Full: 0
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 6
  • Unit SqFt: 1224
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Units Total: 1
  • Bedroom 1 Room Dimensions: 32x13
  • Bedroom 1 Room Level: Main (Ground)
  • Bedroom 2 Room Dimensions: 11x8
  • Bedroom 2 Room Level: Main (Ground)
  • Bedroom 3 Room Dimensions: 12x10
  • Bedroom 3 Room Level: Lower
  • Bedroom 4 Room Dimensions: 12x10
  • Bedroom 4 Room Level: Lower
  • Unit Level: Below Ground
  • Unit Type Total Rent: 0

Property History for 3932 Cedar Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3932 Cedar Avenue South

Taxable ValueLand$41,300Additions$180,700Total$222,000
Tax Record2023$5,651 ($471 / month)
Home Facts
Total Finished SqFt2,551 SqFtAbove Grade Finished SqFt2,551 SqFtStories2Lot Size4,792 SqFtStyleTriplexYear Built1923ZoningR2BCountyHENNEPINAPN11-028-24-11-0208

Schools near 3932 Cedar Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Bancroft Elementary School
PublicPK to 5

Andersen Community
PublicPK to 8

South Senior High School
Public9 to 12

Franklin Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3932 Cedar Avenue South is a multi-family home for sale in Minneapolis, MN 55407. This property was listed for sale on April 25, 2024 by Counselor Realty, Inc., it's currently listed at $399,900. It has been on the market for a total of 12 days and was last sold on May 18, 2007. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Bancroft Elementary School, Andersen Community and South Senior High School. 3932 Cedar Avenue South is a 0-bed, 0-bath, 2,855 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Counselor Realty, Inc.

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 05/01/2024 12:15 PM