MLS: #7083267, Listed By: Kent Hranicka, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS
3241 Cedar Avenue
Minneapolis, MN 55407
5
Bed
3
Bath
3,000Sqft
6,098Sqft(Lot)
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
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 5Bathroom Information
Total Baths: 3Room Information
Has Basement: Yes Basement: Block, Concrete -
Roofing Information
Flat, Asphalt, Shingle -
Interior Features
Roof: Flat, Asphalt, Shingle Laundry Features: In Basement -
Heating & Cooling
Has Heating: Yes Heating: Baseboard
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Building Information
Year Built: 1898 Building Area Total: 3690 Construction Materials: Concrete, Stucco Stories: 2 Patio And Porch Features: Deck Private Pool: No
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Lot Information
Lot Dimensions: 50x125 Main Square Feet: 6098 Square Feet Lot Size Acres: 0.14 Lot Size Square Feet: 6098Property Information
Subdivision: Minnehaha Add Source Property Type: Residential Income Postal Code Plus 4: 5301 Property SubType: Triplex Levels: Two Property Age: 128
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Listing Price Information
Listing Price: $399900 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 0102824230067 Tax Year: 2026 Annual Tax: $6815 Tax Legal Desc: LOT 008 BLOCK 021 MINNEHAHA ADDN TO MPLS
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Garage Information
Has Garage: Yes Garage Space: 1
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Location Information
Direction: From Hwy 55, go south on Cedar ave. property is on the left hand side between 31st st and 32nd st WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3200 23rd Avenue, Minneapolis, MN, 55407 | $459,990 | 6 | 3 | 2,614 | 0.14 Acre |
| 3852 Standish Avenue, Minneapolis, MN, 55407 | $529,900 | 4 | 3 | 2,462 | 0.13 Acre |
| 1911 E 32nd Street, Minneapolis, MN, 55407 | $900,000 | 9 | 6 | 5,400 | 0.14 Acre |
| 3622 Longfellow Avenue, Minneapolis, MN, 55407 | $489,900 | 5 | 2 | 3,760 | 0.11 Acre |
| 2800 Cedar Avenue, Minneapolis, MN, 55407 | $280,000 | 4 | 2 | 1,976 | 0.15 Acre |
| 3847 Cedar Avenue, Minneapolis, MN, 55407 | $439,900 | 4 | 2 | 2,646 | 0.11 Acre |
| 1811 E 28th Street, Minneapolis, MN, 55407 | $284,900 | 5 | 2 | 2,659 | 4,316 Sq. Ft |
| 3504 Cedar Avenue, Minneapolis, MN, 55407 | $280,000 | 3 | 2 | 1,486 | 0.13 Acre |
| 3505 18th Avenue, Minneapolis, MN, 55407 | $360,000 | 4 | 2 | 2,950 | 5,704 Sq. Ft |
| 2620 Bloomington Avenue, Minneapolis, MN, 55407 | $429,000 | 8 | 2 | 2,040 | 0.12 Acre |
Similar Multifamily To 3241 Cedar Avenue
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the FMAAR MLS. Real estate listings held by brokerage firms other than ByOwner are marked with the listing office name. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS®.
ByOwner last updated this listing 09/30/2026 @ 06:45
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