2545 Cedar Avenue S Minneapolis, MN
$ 390,000
Property Attributes
  • ML#5691559
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaAuditors Sub 016
  • NeighborhoodEast Phillips
  • Zip55404
  • StyleResidential Income
  • Year Built1912
  • Taxes5683
  • Price$ 390,000
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3200
  • Lot Size10,454 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
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.

Price History
12/9/2020 Listed $390,000

General Features

Construction Materials Wood Siding, Stucco
Contingency None
Heating Hot Water, Boiler
High School District Minneapolis
New Construction No
Parking Features Detached, Concrete
Property SubType Duplex Up and Down
Property Type Residential Income
Sewer City Sewer/Connected
Standard Status Pending
Subdivision Name Auditors Sub 016
Total Units 2

Interior Features

Basement Full
Fireplace Y/N No

Exterior Features

Lot Dimensions 85x127
Lot Size Area 0.24
Lot Size Units Acres
Water Source City Water/Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55404

AVG $300K
AVG $4,583
AVG 72
Year Built
AVG 1940
AVG 84
Data Provided by Walkscore ® not using MLS data