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$515,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Units
See This Home
Save This Home
See This Home
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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!

Full Property Details for 3644 Cedar Ave S

General

  • Sold For: $515,000
  • Taxes: $6,739 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6643930
  • Added to Site: 422 day(s) ago

Parking

  • Parking Features: Asphalt

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Financial Considerations

  • Operating Expenses: $10,842
  • Tax Amount: $6,739
  • Tax Year: 2024
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Insurance, Janitorial Service, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Tenant Pays: Electricity, Fuel, Gas
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 012 BLOCK 001 BIDLEMANS ADDN TO MPLS
  • Property ID: 202824440011

Listed by Verde Real Estate Group
Sold by Northstar Real Estate Associates

Listing agents

— 3644 Cedar Ave S —

  • Verde Real Estate Group

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3644 Cedar Ave S

School District:Minneapolis Public School District
NameGradesDistance
Bancroft Elementary School
3829 13th Avenue South, Minneapolis, MN 55407
PK-50.4 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-81.3 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3644 Cedar Ave S

Date
Details
Price
Change
Source
3/28/2025
Sold
$515,000
-6.35%
MLS
1/01/2025
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Down Payment Resource

Listed by Verde Real Estate Group
Sold by Northstar Real Estate Associates

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3644 Cedar Avenue S, Minneapolis, MN 55407 (MLS# 6643930) is a Multi-Family property that was sold at $515,000 on March 28, 2025. Want to learn more about 3644 Cedar Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Powderhorn? You can browse all Powderhorn real estate or contact a Coldwell Banker agent to request more information.