Coming soon
$5,818 Closing Credit¹
#6676766, Listing Office: Keller Williams Realty Integrity Lakes
$424,900 List price
3509 Cedar Ave S Minneapolis, MN 55407
$5,046
Closing credit¹
2,100 sqft
$202 / sqft
Multi-Family
Property details
About 3509 Cedar Ave S
Discover this charming well-maintained, income-generating two-unit duplex, perfect for investors or multi-generational living. Located in a desirable neighborhood, this property offers two spacious, self-contained units, each with its own private entrance, utilities, and ample living space. Unit 1: This charming unit features two bedrooms and one bathroom, with a cozy living room, and a modern kitchen. Bright and airy, it offers a warm and inviting atmosphere, with hardwood floors, updated appliances, and large windows letting in plenty of natural light. Unit 2: The second unit offers three bedrooms and two bathrooms, featuring a similar layout with a spacious living area, fully equipped kitchen, and stylish finishes throughout. This unit is equally as inviting, with the perfect balance of comfort and functionality. Additional Features: •2018 updates include new A/C units, siding, roof, windows, kitchen and driveway repaved. •Blocks away from Powderhorn Park, easy access to highway, across the street from the iconic Matt’s Bar. Whether you're looking for an investment property or a place to live while renting out the other unit, this duplex offers the perfect balance of comfort, convenience, and potential income. Don’t miss out on this fantastic opportunity! Schedule a showing today!!
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size2,100 sqft
BasementYes
Year built1900
ParkingAsphalt
MLS #6671417
Summary
- MLS Number: 6671417
- MLS Name: NORTHSTAR
- Office Name: Century 21 Moline Realty Inc
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Last updated on: 3/14/2025, 2:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$424,900
3509 Cedar Ave S
$5,046
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 27, 2022 | Home Sold | $414,900 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $413,000 | $5,881 |
| 2022 | $328,000 | $2,338 |
| 2021 | $319,000 | $5,418 |
| 2020 | $285,000 | $4,661 |
| 2019 | $261,500 | $4,625 |
| 2018 | $210,500 | $3,821 |
| 2017 | $183,000 | $3,357 |
History based on county public records data.
Nearby schools
4
Bancroft Elementary School
Public Magnet PK-5
0.6 mi
•3829 13th Ave S
2
Aurora Charter School
Public Charter PK-4
1.1 mi
•2101 E 26th St
3
Green Central Park Elementary School
Public District PK-5
1.2 mi
•3416 4th Ave S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,162. Most Minneapolis, MN residents have annual incomes between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
19%
<35k
52%
35k-100k
29%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
14%
Single, with Kids
12%
Married, No Kids
17%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
36%
18-34 yrs old
41%
35-64 yrs old
2%
65+ yrs old
What do the neighbors do for fun?
Tennis
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Crate & Barrel
IKEA
Banana Republic
Where do the neighbors go to eat?
Starbucks
Quiznos
Jack In The Box
What do the neighbors drive?
BMW
Lexus
Toyota
What do the neighbors listen to?
News
Soft Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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This home is located at 3509 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,100 square foot home was built in 1900. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $424,900.
While more than 190 listings in Minneapolis, MN in February 2025 were sold above asking price, there were more than 131 listings sold at asking price, and more than 253 were sold below. The inventory of homes for sale in Minneapolis, MN between January and February 2025 increased by 13.9%. The median list price of listings available in February 2025 was $350,609, while the average time on the real estate market was 48 days.
From Rocket Homes Real Estate and based on county public records data.