2545 Cedar Avenue S

Minneapolis, MN 55404

About this property

A MUST SEE up/down duplex in South MPLS on a large double lot! Original hardwood floors, charming builtins, and spacious units with a lot of natural sunlight. This property has been well maintained anddefinitely shows pride in ownership. High demand area close to light rail, colleges, restaurants andshort drive to downtown MPLS & Downtown St. Paul. Tenants in both units as this property has never beenvacant! Split HEAT/ELECTRIC, paid by tenants. Great option for an investor looking to add major cashflow to their portfolio. Both large 3bed/1bath units and the upstairs unit has two additional bonusspaces. Property also offers a two stall garage and coin-operated laundry on site. Value addopportunities with adding a potential 3rd unit, or additional bedroom, in the basement and the potentialto split the double lot and sell or develop the new lot.

Date Added
December 9, 2020
Listing Status
Active
Days On Site
49
MLS#
5691559

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
iqweb_
Sub-Type
Resale
Year
1912
Garage
0
Pool
No
Story(s)
Property View
No
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$390,000 Active
3,200 SQFT

Presented By Coldwell Banker River Valley Commercial Group

Coldwell Banker Commercial River Valley

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Get in touch today! Phone: (608) 784-9930
Brokerage
Coldwell Banker Commercial River Valley
(608) 784-9930
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Area Information

| Hennepin County |

$ 390,000
This listing is play_arrow 11.4% higher than the average in the area
$ 350,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
49 days on site
This listing is play_arrow 87.6% below the average in the area
394 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School

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