$6,530

closing credit¹

3644 Cedar Ave S Minneapolis, MN 55407

$549,900
3,000 sqft
$183 / sqft
Multi-Family

Property details

About 3644 Cedar Ave S

Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Separately metered gas & electric. 4 x 1 br units - 12 month leases; Rents - Unit 1: $1,000; Unit 2: $1,075; Unit 3: $1,095; Unit 4: $1,050. Windows replaced 2009. Glass block basement windows replaced 2017. 4 off-street parking spaces behind building as well as shaded patio area. 2 coin-op laundry in basement. 5 newer water heaters and 2 newer boilers. 2 large storage units per apt. Great opportunity for investor or owner-occ!

Highlights

Home typeQuadruplex
HeatingHot Water
StatusActive
Size3,000 sqft
BasementYes
Year built1927
ParkingAsphalt
MLS #6643930

Virtual tour

Summary

  • MLS Number: 6643930
  • MLS Name: NORTHSTAR
  • Office Name: Verde Real Estate Group

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view of front of home featuring cooling unit and a front yard

$549,900

3644 Cedar Ave S

$6,530

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 10, 2017
Home Sold
$425,000
Aug 27, 2004
Home Sold
$330,000

Tax history

YearAssessmentProperty Tax
2023$357,000$6,739
2022$357,200$6,791
2021$387,000$6,573
2020$399,000$6,526
2019$362,500$6,410
2018$323,500$5,874
2017$274,000$5,025

History based on county public records data.

Nearby schools

4

Bancroft Elementary School

Public Magnet PK-5

0.4 mi

3829 13th Ave S

3

Green Central Park Elementary School

Public District PK-5

1.2 mi

3416 4th Ave S

1

Hiawatha Leadership Acdy-Northrop

Public Charter KG-4

1.2 mi

1611 E 46th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,902. Typical income of Minneapolis, MN residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

40%
<35k
46%
35k-100k
14%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

59%
Single, No Kids
12%
Single, with Kids
17%
Married, No Kids
12%
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
32%
18-34 yrs old
41%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • TennisTennis
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • IKEAIKEA
  • Crate & BarrelCrate & Barrel
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QuiznosQuiznos
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • ToyotaToyota

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3644 Cedar Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 3,000 square foot home was built in 1927. Features: 0 bathroom. It has been listed on Rocket Homes since January 2, 2025 and is currently priced at $549,900.

In January 2025, from all listings sold in Minneapolis, MN there were more than 161 sold above asking price, over 309 sold below and more than 152 were sold right at the asked price. In January 2025 in Minneapolis, MN there were 0.1% less homes for sale than in December. Listings spent 47 days on the market in January 2025, and had a median list price of $350,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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