About This Home

This 5-bedroom, 3-bathroom multi-family at 3241 Cedar Avenue S in Minneapolis, MN is listed for $399,900 ($133 per sqft). Built in 1898, the home offers 3,000 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1898
  • 0.14 acre lot

Property Details

3 full
1-car garage
1898
Listing Description

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.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

3241 Cedar Avenue S

Minneapolis, MN 55407

Minnehaha Add

Property Details

Construction

Concrete

Outdoor Features

Deck

Parking

DrivewayGarage - Detached

Heating

OilBaseboard

Questions & Answers

This 5-bedroom, 3-bathroom multi-family at 3241 Cedar Avenue S is listed at $399,900 ($133/sqft). The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1898, 0.14 acre lot.

This property is listed by Kent Hranicka.

KH

Kent Hranicka

Agent at RE/MAX Results

Listed by RE/MAX Results · Broker phone: (952) 829-2900 · View on Broker Site · Broker website

MLS# 7083267· Source: Northstar MLS· 152 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3241 Cedar Avenue S, Minneapolis, MN 55407

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