Classic fourplex with traditional layout and four equal units. During its history, the foundation was updated with concrete block and steel beams. Separate utilities. Fully occupied and functioning, in need of some repairs for a value-add opportunity.
Closed
$320,000
2601 Cedar Ave S, Minneapolis, MN 55407
8beds
4baths
4,434sqft
Fourplex
Built in 1925
-- sqft lot
$403,900 Zestimate®
$72/sqft
$1,837 Estimated rent
Home value
$403,900
$331,000 - $481,000
$1,837/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mary Sue McMahon Bramsen 612-816-0991,
RE/MAX Results,
Ben Johnson 612-812-1146
Bought with:
Wilson Molina
Molina Realtors
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6649968
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Hot Water
Features
- Basement: Full,Unfinished
Interior area
- Total structure area: 4,434
- Total interior livable area: 4,434 sqft
- Finished area above ground: 2,956
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 7,840 Square Feet
- Dimensions: .18
Details
- Foundation area: 1478
- Parcel number: 3602924320051
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fourplex
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: The Holding Cos Add
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $72/sqft
- Tax assessed value: $371,000
- Annual tax amount: $5,310
- Date on market: 2/17/2025
- Cumulative days on market: 10 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2025 | Sold | $320,000+6.7%$72/sqft |
Source: Public Record Report a problem | ||
| 4/4/2025 | Sold | $300,000$68/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6649968 Report a problem | ||
| 2/17/2025 | Pending sale | $300,000$68/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6649968 Report a problem | ||
| 2/10/2025 | Listing removed | $300,000$68/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6649968 Report a problem | ||
| 1/31/2025 | Listed for sale | $300,000+354.5%$68/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6649968 Report a problem | ||
| 9/6/1996 | Sold | $66,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,745 +4.2% | $371,000 +17.8% |
| 2024 | $5,513 -5.4% | $315,000 -5.1% |
| 2023 | $5,826 -13.8% | $332,000 -4.9% |
| 2022 | $6,756 +8.6% | $349,000 -5% |
| 2021 | $6,220 -6.6% | $367,500 |
| 2020 | $6,660 +7.1% | $367,500 +5% |
| 2019 | $6,220 -6.6% | $350,000 +25% |
| 2018 | $6,660 +24% | $280,000 +13.8% |
| 2017 | $5,369 +4.8% | $246,000 |
| 2016 | $5,124 -3% | $246,000 +7% |
| 2015 | $5,283 +7.5% | $230,000 |
| 2014 | $4,913 -2.7% | $230,000 |
| 2013 | $5,051 -0.7% | $230,000 -3.4% |
| 2012 | $5,087 +4.8% | $238,000 |
| 2011 | $4,853 +3.1% | $238,000 -10% |
| 2010 | $4,706 -1.1% | $264,500 |
| 2009 | $4,759 +2.7% | $264,500 -0.4% |
| 2006 | $4,632 +4.3% | $265,500 +9.9% |
| 2005 | $4,443 +5.2% | $241,500 +13.1% |
| 2004 | $4,222 -2.3% | $213,500 +18.3% |
| 2002 | $4,320 -34.1% | $180,500 |
| 2001 | $6,555 | -- |
Find assessor info on the county website
Neighborhood: East Phillips
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Nearby schools
GreatSchools rating
- NAAndersen CommunityGrades: PK-8Distance: 0.6 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 0.7 mi
- NAFolwell Arts MagnetGrades: PK-8Distance: 1.3 mi
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Estimated market value
$403,900
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Estimated market value
$403,900
- Minnesota
- Hennepin County
- Minneapolis
- 55407
- East Phillips
- 2601 Cedar Ave S
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