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.
Pending
$399,900
3241 Cedar Ave S, Minneapolis, MN 55407
5beds
3baths
3,000sqft
Triplex
Built in 1898
-- sqft lot
$393,300 Zestimate®
$133/sqft
$-- HOA
What's special
Peaceful backyardFeatures a patioWorkshop attached to garagePartially finished full basement
- 145 days
- 13
- 1
Zillow last checked:
Listing updated:
Listed by:
Kent Hranicka 651-307-6924,
RE/MAX Results,
Jason J Reed 612-332-9000
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7083267
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Boiler
Appliances
- Laundry: In Basement
Features
- Basement: Block
Interior area
- Total structure area: 3,690
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage, Concrete
- Garage spaces: 1
- Details: Garage Dimensions (20x20), Garage Door Height (7), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Deck
- Fencing: Full,Wood
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 125
- Features: Tree Coverage - Light
Details
- Foundation area: 690
- Parcel number: 0102824230067
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Concrete
- Roof: Age Over 8 Years,Asphalt,Flat
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Minnehaha Add
HOA
- Amenities included: Deck
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $395,000
- Annual tax amount: $6,815
- Date on market: 6/3/2026
- Cumulative days on market: 96 days
- Tenant pays: Electricity
Estimated market value
$393,300
$374,000 - $413,000
$2,405/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Pending sale | $399,900$133/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7083267 Report a problem | ||
| 6/3/2026 | Listed for sale | $399,900+2.6%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7083267 Report a problem | ||
| 7/26/2024 | Listing removed | $389,900$130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 7/19/2024 | Price change | $389,900-2.3%$130/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 5/22/2024 | Listed for sale | $399,000$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 4/3/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 3/13/2024 | Listed for sale | $399,000$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 2/2/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 1/25/2024 | Listed for sale | $399,000+1%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6480119 Report a problem | ||
| 9/2/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6392325 Report a problem | ||
| 7/14/2023 | Price change | $395,000-1.3%$132/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6392325 Report a problem | ||
| 6/23/2023 | Listed for sale | $400,000-2.4%$133/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6392325 Report a problem | ||
| 8/19/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 7/6/2022 | Price change | $410,000-2.4%$137/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6148301 Report a problem | ||
| 5/8/2022 | Price change | $420,000-8.7%$140/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6148301 Report a problem | ||
| 2/3/2022 | Listed for sale | $460,000+20.4%$153/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6148301 Report a problem | ||
| 3/28/2018 | Sold | $382,000-4.5%$127/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4889535 Report a problem | ||
| 2/23/2018 | Pending sale | $399,900$133/sqft |
Source: Coldwell Banker Burnet - Minneapolis Parkway #4889535 Report a problem | ||
| 11/3/2017 | Listed for sale | $399,900+11.1%$133/sqft |
Source: Coldwell Banker Burnet #4889535 Report a problem | ||
| 10/24/2016 | Listing removed | $359,900$120/sqft |
Source: Bridge Realty, LLC #4719158 Report a problem | ||
| 7/26/2016 | Price change | $359,900-4%$120/sqft |
Source: Bridge Realty, LLC #4719158 Report a problem | ||
| 6/18/2016 | Price change | $375,000-2.6%$125/sqft |
Source: Bridge Realty, LLC #4719158 Report a problem | ||
| 5/23/2016 | Listed for sale | $385,000+28.3%$128/sqft |
Source: Bridge Realty, LLC #4719158 Report a problem | ||
| 10/14/2003 | Sold | $300,000+200.3%$100/sqft |
Source: Public Record Report a problem | ||
| 6/10/1998 | Sold | $99,900$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $8,750 +27% | $395,000 -11.8% |
| 2025 | $6,890 +16.9% | $447,600 +1.5% |
| 2024 | $5,893 +12.5% | $441,000 |
| 2023 | $5,238 +1.7% | $441,000 +13.4% |
| 2022 | $5,153 +3.5% | $389,000 +3.7% |
| 2021 | $4,980 +1.5% | $375,000 |
| 2020 | $4,909 -1.4% | $375,000 +9% |
| 2019 | $4,980 +1.5% | $344,000 +10.1% |
| 2018 | $4,909 -5.7% | $312,500 +16.8% |
| 2017 | $5,203 +3% | $267,500 +8.7% |
| 2016 | $5,053 +35.1% | $246,000 +15% |
| 2015 | $3,741 +5.6% | $214,000 -9.9% |
| 2014 | $3,541 -16.8% | $237,500 -5% |
| 2013 | $4,255 -38.6% | $250,000 -28.3% |
| 2012 | $6,935 +11.4% | $348,500 -3.5% |
| 2009 | $6,225 +57.4% | $361,000 +56.8% |
| 2006 | $3,955 +18.4% | $230,300 +27% |
| 2005 | $3,340 +33.5% | $181,400 +31.5% |
| 2004 | $2,502 -39.4% | $137,900 -24.4% |
| 2002 | $4,127 -5.9% | $182,400 |
| 2001 | $4,385 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Corcoran
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