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.
Active
Price increase: $14.9K (8/19)
$439,900
3847 Cedar Ave S, Minneapolis, MN 55407
4beds
2baths
2,646sqft
Duplex Up and Down
Built in 1927
-- sqft lot
$-- Zestimate®
$166/sqft
$-- HOA
What's special
New washer and dryerFresh interior paint throughout
- 149 days
- 301
- 20
Zillow last checked:
Listing updated:
Listed by:
Julia Wang 651-808-1997,
Keller Williams Classic Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7048325
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Block,Unfinished
Interior area
- Total structure area: 3,432
- Total interior livable area: 2,646 sqft
- Finished area above ground: 2,288
- Finished area below ground: 358
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (22x24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 4,791 Square Feet
- Dimensions: 40 x 144
Details
- Foundation area: 1144
- Parcel number: 1202824220105
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex Up and Down
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Electric, Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Cedar Ave Heights 3rd Add
HOA
- Amenities included: Coin-op Laundry Owned
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $373,500
- Annual tax amount: $5,035
- Date on market: 4/2/2026
- Cumulative days on market: 171 days
- Tenant pays: All Utilities
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $439,900+3.5%$166/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7048325 Report a problem | ||
| 5/8/2026 | Listed for sale | $425,000$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048325 Report a problem | ||
| 4/17/2026 | Pending sale | $425,000$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048325 Report a problem | ||
| 4/2/2026 | Listed for sale | $425,000-3.4%$161/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7048325 Report a problem | ||
| 2/25/2026 | Listing removed | $439,900$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6799292 Report a problem | ||
| 10/27/2025 | Price change | $439,900-4.3%$166/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6799292 Report a problem | ||
| 10/3/2025 | Listed for sale | $459,900+130%$174/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6799292 Report a problem | ||
| 8/3/2007 | Sold | $200,000-38.5%$76/sqft |
Source: Public Record Report a problem | ||
| 6/1/2005 | Sold | $325,000+10.9%$123/sqft |
Source: Public Record Report a problem | ||
| 1/21/2004 | Sold | $293,000$111/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,035 +5.8% | $373,500 +5.8% |
| 2024 | $4,760 +5% | $353,000 -4.3% |
| 2023 | $4,532 +0.2% | $369,000 +5.4% |
| 2022 | $4,523 -3.6% | $350,000 +5.1% |
| 2021 | $4,691 -3.7% | $333,000 -6.2% |
| 2020 | $4,870 +3.8% | $355,000 +4% |
| 2019 | $4,691 -3.7% | $341,500 +5.1% |
| 2018 | $4,870 +19.1% | $325,000 +29.2% |
| 2017 | $4,089 +11.2% | $251,500 |
| 2016 | $3,676 -3.1% | $251,500 +14.8% |
| 2015 | $3,794 +11.7% | $219,000 +14.1% |
| 2014 | $3,397 -12.8% | $192,000 |
| 2013 | $3,897 -6.4% | $192,000 -7.5% |
| 2012 | $4,163 -8.3% | $207,500 -9.8% |
| 2011 | $4,542 +0.8% | $230,000 -10% |
| 2010 | $4,506 +22.3% | $255,500 |
| 2009 | $3,685 +12.6% | $255,500 +35% |
| 2006 | $3,273 +12.8% | $189,300 +19% |
| 2005 | $2,901 +12.8% | $159,100 +22.9% |
| 2004 | $2,572 +15.6% | $129,500 +18.3% |
| 2002 | $2,224 -50.3% | $109,500 |
| 2001 | $4,474 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Standish
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