2545 Cedar AVE S, Minneapolis, MN 55404
2545 Cedar AVE S, Minneapolis, MN 55404
2545 Cedar AVE S, Minneapolis, MN 55404
38
$403,000
$390,000
3.3%
Est.Price: ?

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3,200 SqFt

2545 Cedar AVE S Minneapolis, MN 55404

Est. payment /mo
SOLD DATE : 03/04/2021

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Key Details

Sold Price $403,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $125

Subdivision Auditors Sub 016

MLS Listing ID 5691559

Sold Date 03/04/21

Year Built 1912

Annual Tax Amount $5,683

Tax Year 2020

Contingent None

Lot Size 10,454 Sqft

Lot Dimensions 85x127

Property Sub-Type Duplex Up and Down

Property Description

A MUST SEE up/down duplex in South MPLS on a large double lot! Original hardwood floors, charming built
ins, and spacious units with a lot of natural sunlight. This property has been well maintained and
definitely shows pride in ownership. High demand area close to light rail, colleges, restaurants and
short drive to downtown MPLS & Downtown St. Paul. Tenants in both units as this property has never been
vacant! Split HEAT/ELECTRIC, paid by tenants. Great option for an investor looking to add major cash
flow to their portfolio. Both large 3bed/1bath units and the upstairs unit has two additional bonus
spaces. Property also offers a two stall garage and coin-operated laundry on site. Value add
opportunities with adding a potential 3rd unit, or additional bedroom, in the basement and the potential
to split the double lot and sell or develop the new lot.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement Full

Interior

Heating Boiler, Hot Water

Fireplace No

Exterior

Parking Features Detached, Concrete

Garage Spaces 2.0

Fence Chain Link, Full

Roof Type Asphalt

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium

Story More Than 2 Stories

Foundation 1292

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District Minneapolis

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Listed by Lars Anderson • RE/MAX Results

NEARBY SCHOOLS & BUSINESSES

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Taylor Doolittle

Taylor Doolittle

Team Co-Lead License ID: 40536620

+1(952) 567-9939

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