About This Home

This 4-bedroom, 2-bathroom multi-family at 3847 Cedar Avenue S in Minneapolis, MN is listed for $439,900 ($166 per sqft). Built in 1927, the home offers 2,646 sqft of living space on a 0.11 acres lot.

Key Features

  • Built in 1927
  • 0.11 acre lot

Property Details

2 full
2-car garage
1927
Listing Description

Excellent investment opportunity with strong rental demand! This well-maintained duplex features two spacious 2-bedroom, 1-bath units, plus a finished lower level with additional flex rooms and a 3/4 bath. The current owner has invested over $50,000 in recent capital improvements, including two brand-new boilers, two new water heaters, new washer and dryer, and fresh interior paint throughout.

These major updates provide peace of mind and reduce future maintenance costs for the next owner. Conveniently located near shopping, dining, parks, schools, and major highways, this property is ideal for both owner-occupants and investors seeking strong rental potential.

Monthly Cost Estimate

$2,353/mo

20% down · 6.5% · 30 years

Principal$318
Interest$1,906
Insurance$128

Estimates only. Actual payments may vary.

Location

3847 Cedar Avenue S

Minneapolis, MN 55407

Cedar Ave Heights 3rd Add

Property Details

Parking

Garage - Detached

Heating

Oil

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 3847 Cedar Avenue S is listed at $439,900 ($166/sqft). The estimated monthly payment is $2,352 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1927, 0.11 acre lot.

This property is listed by Julia Wang.

JW

Julia Wang

Agent at Keller Williams Classic Realty

Listed by Keller Williams Classic Realty · Broker phone: (763) 746-4900 · View on Broker Site · Broker website

MLS# 7048325· Source: Northstar MLS· 208 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.

3847 Cedar Avenue S, Minneapolis, MN 55407

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